Restructuring the Head Office Plant as a Production Base

「Capital expenditures for the fiscal year, including software, were ¥485 million for the Signal Systems business, ¥106 million for the Power Electronics business and ¥348 million company-wide, for a total of ¥941 million. Major expenditures included routine renewals, labor-saving and rationalization investments to address the current economic environment, and investments associated with rebuilding the production base at the head office factory.」

「Under these circumstances, the Group focused on an early recovery from the fire that occurred on 14 January 2021 and a recovery in business performance, and completed restoration work on the damaged buildings in September 2021,」

「Under these circumstances, the Group focused on an early recovery from the fire that occurred on 14 January 2021 and a recovery in business performance, and completed restoration work on the damaged buildings in September this year.」

「As of the end of the first quarter, the order backlog was ¥103,054 million, up ¥13,760 million from the end of the previous consolidated fiscal year. Regarding production facilities, the company had secured operating space equivalent to the pre-fire level, including leased external space, by the end of the first quarter. In addition, full renovation of the factory building, which was the main damaged area, is expected to be completed by the end of the second quarter of the current consolidated fiscal year.」

「The company has already resumed production using undamaged buildings on the head office factory site and other Group locations. It expects to complete repairs to the damaged buildings during the first half of the fiscal year ending March 2022 and restore its pre-fire production structure.」

「As of the filing date, the company had resumed operations using buildings on the head office factory site that escaped damage and other Group locations. Restoration to the operating level before the fire is expected during the first half of the fiscal year ending March 2022, when renovation work on the damaged buildings is scheduled to be completed.」

「Capital expenditures for the fiscal year, including software, were ¥883 million for the Signal Systems business, ¥276 million for the Power Electronics business and ¥619 million company-wide, for a total of ¥1,779 million. Major expenditures included routine renewals, labor-saving and rationalization investments to address the current economic environment, and investments associated with rebuilding the production base at the head office factory.」

「Capital expenditures for the fiscal year, including software, were ¥644 million for the Signal Systems business, ¥861 million for the Power Electronics business and ¥513 million company-wide, for a total of ¥2,019 million. Major expenditures included routine renewals, labor-saving and rationalization investments to address the current economic environment, and investments associated with rebuilding the production base at the head office factory.」

「Capital expenditures for the fiscal year, including software, were ¥919 million for the Signal Systems business, ¥480 million for the Electrical Equipment business and ¥374 million company-wide, for a total of ¥1,773 million. Major expenditures included routine renewals, labor-saving and rationalization investments to address the current economic environment, and investments associated with rebuilding the production base at the head office factory.」

「Capital expenditures for the fiscal year, including software, were ¥1,080 million for the Signal Systems business, ¥210 million for the Electrical Equipment business and ¥749 million company-wide, for a total of ¥2,040 million. Major expenditures included routine renewals, labor-saving and rationalization investments to address the current economic environment, and investments associated with rebuilding the production base at the head office factory.」