Natural Disasters, Power Outages and Supply Disruptions

「Although there are concerns about procuring raw materials and fuel, we have secured supplies for the time being and will work to secure the quantities required by diversifying suppliers and taking other measures.」

「In the molded products division of the chemical products business, revenue increased as orders for medical device components remained firm, while revenue from molded products for digital cameras declined due to the semiconductor shortage. The mold division struggled as new automotive projects declined due to the semiconductor shortage and the transition to EVs.」

「In the Chemical Products segment, demand for components for digital cameras and medical equipment recovered as shortages of components and materials gradually eased.」

「During the nine-month period of the current fiscal year, the Japanese economy showed encouraging signs, including the start of vaccinations as measures against COVID-19 were implemented, but soaring raw material and energy costs and higher transportation costs due to supply-chain disruptions affected economic activity.」

「Although concerns arose over delays in procuring components and restrictions on economic activity due to COVID-19, the company's main ultra-precision machining abrasives ...」

「Although delays occurred in the arrival of some raw materials from China due to COVID-19 as of the end of the fiscal year, both the Yanai and Takefu plants operated at full capacity throughout the fiscal year, resulting in record-high net sales and operating profit.」

「During the nine-month period of the current fiscal year, the Japanese economy remained on a moderate recovery trend as employment and income conditions continued to improve, despite unsettled weather and natural disasters such as typhoons and earthquakes.」

「However, the outlook remained uncertain due to successive natural disasters, including record rainfall, typhoons and earthquakes, as well as uncertainty in overseas economies, including trade friction originating in the United States.」

「The フジボウ Group conducts regular disaster-prevention inspections and facility maintenance to minimize the adverse effects of operational interruptions. However, there is no assurance that the effects of natural disasters, power outages and other events can be completely prevented or mitigated, and events affecting operations may adversely affect the group's financial position, operating results and cash flows.」

「Although contract manufacturing of functional chemicals, pharmaceutical intermediates and other products strengthened new order activities, mainly for functional materials, and continued stable production, the plants did not reach full capacity because of delays in deliveries of raw materials from overseas and declining orders from some customers.」

「Although contract manufacturing of functional chemicals, pharmaceutical intermediates and other products strengthened new order activities, mainly for functional materials, and continued stable production, the plants did not reach full capacity because of delays in deliveries of raw materials from overseas and declining orders from some customers.」

「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

「There is no assurance that the effects of natural disasters, power outages and other events occurring at production facilities can be completely prevented or mitigated. If an event affecting operations occurs, it may adversely affect the フジボウ Group's financial position, operating results and cash flows. In addition, if a supplier or sub-supplier suspends operations due to a disaster or other event and supplies of raw materials or basic materials are disrupted, the group's production activities may be impeded, potentially having a significant impact on its business performance.」