Forecasts

Forecasts (FY2024)

（million of yen）

	2023/12 Actual	2024/12 Forecasts	Increase/ Decrease	Increase/ Decrease(%)
Net Sales	71,426	87,500	16,073	22.5%
Operating Income	13,607	19,100	5,492	40.4%
Ordinary Income	13,972	19,100	5,127	36.7%
Net Income	10,812	14,130	3,317	30.7%

The domestic and international economic trend are generally on track overall but expect to remain uncertain continually.

We expect to achieve double-digit increase in both sales and profits in all segments, reach record high sales and record high in operating income, ordinary income, and profit attributable to owners of parent for the three consecutive years.

In addition, we will significantly achieve the new medium-term plan “Value Creation 26” in the first year of 2024 which targets 83 billion yen in sales and 15.3 billion yen in operating income started in 2024 till the end of the fiscal year ending December 2026.

The forecast for the period from the third quarter: JPY-1 USD=145, JPY-1 EUR=158

*The results forecast is prepared based on information available at the time of relevant announcements and actual results may differ due to a range of factors.