Notice Regarding the Formulation of the Medium-Term Management Plan

Overview of the Medium-Term Management Plan "Happiness2028"

Yashima Electric Corporation has formulated the three-year medium-term management plan "Happiness2028" covering fiscal 2026 to 2028. The basic policy is "Realizing circulatory growth driven by employee happiness," with numerical targets for fiscal 2028 of net sales of 85 billion yen, ordinary income of 9.5 billion yen, and an ordinary income ratio of 11.2%. The period covers fiscal 2026 to 2028 (March 2027 to March 2029 fiscal years).

Business Strategy and Review of the Previous Medium-Term Plan

By promoting business strategy, we aim to improve performance and strengthen well-being management to pursue further business growth. Compared to the previous medium-term plan (fiscal 2023 actuals), net sales are expected to increase 15.7% from 64.8 billion yen to 75 billion yen, ordinary income up 80.0% from 4 billion yen to 7.2 billion yen, and ordinary income ratio improving from 6.2% to 9.6%. During the previous plan, initiatives included expanding quality customer base and strengthening group consolidated management, while key well-being management efforts involved improving employee treatment, activating exchanges, enhancing brand strength, strengthening development, and boosting communication.