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Management Information

In the electronics industry, over the medium to long term, the market size will likely continue to expand due to rapid technological innovation (such as penetration of 5G services and the IoT, and progress in electrification in the automotive market). In the short term, however, there is a concern that market growth will stagnate due to factors such as a contraction in demand for PCs and smartphones caused by recession.

Under these circumstances, the Group will strive to further strengthen the businesses having potential for demand growth and enhance added value in the increasingly competitive electronics industry. To this end, the Group will promote product modularization and focus more on conducting activities to sell various types of automobile-related materials, strengthening its original design manufacturing (ODM) business, and developing business friendly to the global environment.

Unit: millions of yen
  Results for
FY 2023
Financial Forecast for FY 2024 Year-on-year
Net Sales239,774207,000△13.7%
Operating Income12,0529,000△25.3%
Ordinary Income11,1308,400△24.5%
Net Income attributable to owners of parent7,6966,000△22.0%

Forecasts on future performance are based on the Judgement and assumptions of management using information presently available. Actual performance may greatly diverge from forecasts due to fluctuations in risks and various uncertainties, and changes in economic climate.

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