Consolidated operating profit of ¥7,000 million (fiscal year ending March 2019) and ¥10,000 million (fiscal year ending March 2021)

「For the fiscal year under review, the fiscal year ending March 2027, the company forecasts net sales of ¥210,000 million, operating profit of ¥16,700 million, ordinary profit of ¥17,000 million and net income attributable to owners of the parent of ¥11,600 million. These forecasts are unchanged from those announced on 15 May 2026.」

「For the fiscal year ending March 2026, the interim year of the 2026 Medium-Term Management Plan, consolidated net sales, consolidated operating profit, and ROE exceeded expectations, supported by firm corporate demand for capital investment, higher sales of high-voltage receiving equipment due to last-minute demand ahead of regulatory changes, higher sales of related components amid increased appetite for IT investment driven by accelerating data center construction, and the effects of price revisions, among other factors.」

「Based on its long-term management vision, the Group formulated a new medium-term management plan, the 2026 Medium-Term Management Plan, whose final year is fiscal 2026, and set financial targets of consolidated net sales of ¥200 billion, consolidated operating profit of ¥15 billion, and consolidated ROE of 9.0% or higher.」

「Under the 2023 Medium-Term Management Plan, whose final year was the fiscal year ending March 2024, the Company had set quantitative targets of consolidated net sales of ¥150 billion, consolidated operating profit of ¥13 billion, and ROE of 8.5% or higher. However, because raw material prices were expected to remain elevated and supply constraints were expected to continue affecting operations, the targets for the fiscal year ending March 2024 were set at consolidated net sales of ¥156 billion and consolidated operating profit of ¥10.1 billion.」

「Under the 2023 Medium-Term Management Plan, whose final year was fiscal 2023, the Company had set quantitative targets of consolidated net sales of ¥150 billion, consolidated operating profit of ¥13 billion, and ROE of 7.0% or higher, but raised the ROE target for the fiscal year ending March 2024, the final year, to 8.5% or higher.」

「The Company newly formulated the 2023 Medium-Term Management Plan covering the 3 years from fiscal 2021 through fiscal 2023, and set financial targets for fiscal 2023, the final year, of consolidated net sales of ¥150 billion, consolidated operating profit of ¥13 billion, and consolidated ROE of 7.0% or higher.」

「Meanwhile, because the stagnation of economic activity resulting from measures to prevent the spread of COVID-19 was expected to have a significant impact on the business environment surrounding the Group in fiscal 2020, the final year of the plan, the Company set targets of consolidated net sales of ¥129 billion and consolidated operating profit of ¥7.7 billion.」

「The Company achieved these targets in fiscal 2019.」

「Under the 2020 Medium-Term Management Plan, whose final year was fiscal 2020, the Company set targets of consolidated net sales of ¥125 billion and consolidated operating profit of ¥10 billion.」

「(Reference) Consolidated operating profit targets (Unit: ¥ million) Fiscal year ending March 2019 Consolidated operating profit 7,000 For the first medium-term plan evaluation period, the target for consolidated operating profit in the final year of the evaluation period was set at ¥10,000 million, the target for the fiscal year ending March 2021, and consolidated operating profit in the fiscal year preceding the start of the evaluation period was set at ¥5,751 million, the consolidated operating profit for the fiscal year ending March 2018.」