TOYO SHUTTER CO.,LTD.

The Group’s principal business is the manufacture and sale of shutters, steel doors and hardware, with the Company and its subsidiary, 南東洋シヤッター株式会社, at the core of its operations. In the business structure diagram, 南東洋シヤッター株式会社 is positioned as a consolidated subsidiary. As the Group operates as a single reporting segment, segment information has been omitted. The principal products are shutters, steel doors and hardware, while 南東洋シヤッター株式会社 undertakes outsourced operations at the Kyushu Plant. As part of its future direction, the Group has established targets for the final year of its five-year medium-term management plan, “TOYO ADVANCE 5,” including net sales of ¥25 billion, operating income of ¥2 billion, ROE of 10%, a PER of 10x and strategic cash allocation of ¥1.5 billion. The Group intends to steadily implement key initiatives including strengthening its core businesses, improving corporate quality, pursuing growth strategies, investing in human capital and advancing sustainability. For the current period (the 70th and 71st fiscal periods), net sales were ¥21,455.242 million, ordinary income was ¥1,179.063 million and net income attributable to owners of the parent was ¥829.895 million.