In the current consolidated fiscal year, the economy has shown signs of some recovery from the COVID-19, in spite of its rebound, with the expansion of the vaccine rollout and the implementation of the coronavirus spread prevention measures, which resulted in the easing of restrictions otherwise imposed on certain social and business activities due to the coronavirus pandemic.  Notwithstanding such economic recovery, however, our business environment has still faced uncertain future prospects due to sharp rise in energy and raw material prices and rapid fluctuations in exchange rates among other factors.
 
Under such a challenging business environment, the Seiren group is committed to complying with the group’s medium-term policy “Exploring Unknown Possibilities!” to meet our customers’ changing needs, secure stable revenue and achieve continuous growth by promoting the group’s business strategies with “Innovation and Customer Development” and “Corporate Culture Reform” as their main pillars. Concurrently, we commit to continuing to pursue management to enhance our corporate potential (represented by manpower, development capability and environmental responsiveness), thereby strengthening our corporate culture.
 
With regard to our consolidated business performance in the current consolidated fiscal year, sales were 132.364 billion yen (20.6% increase compared with the previous consolidated fiscal year), operating profit was 12.831 billion yen (17.7% increase compared with the previous consolidated fiscal year), ordinary income was 15.345 billion yen (28.7% increase compared with the previous consolidated fiscal year), and current net income attributable to parent company stockholders was 11.023 billion yen (28.9% increase compared with the previous consolidated fiscal year).  Our group’s current sales, operating profit, ordinary income and net income attributable to parent company stockholders have all replaced their respective past highest records.