Notice Regarding the Formulation of the Medium-Term Management Plan

Basic Policy of the Medium-Term Management Plan

Formulated a three-year medium-term management plan with the fiscal year ending January 2027 as the first year. Against the backdrop of increased semiconductor industry utilization and the spread of generative AI fueling demand for advanced logic and memory semiconductors, the company will promote productivity improvement, the establishment of new manufacturing systems, and joint ventures locally. Sales and profits are projected to maintain record-high levels, responding to strong demand while strengthening production, quality, and safety management systems. Ordinary income is expected to be lower than the previous fiscal year due to the impact of joint ventures in South Korea and China.

Management Numerical Targets and Specific Initiatives

For the fiscal year ending January 2027, sales are expected at 27,000 million yen, operating income at 6,000 million yen, and net income at 4,600 million yen, with plans to reach sales of 31,700 million yen and operating income of 8,650 million yen by the fiscal year ending January 2029. Aiming for growth while maintaining an operating margin of approximately 25%. Focus will be on strengthening production systems for new etching materials and metal/High-k materials at the Minami Alps Plant and enhancing production and quality control systems for new materials for generative AI. The exchange rate assumption is 150 yen per dollar, with an impact of approximately 35 million yen per 1 yen fluctuation.