Notice Regarding Formulation of New Medium-Term Management Plan “NIRECO-VISION 100” and Revision of Full-Year Earnings Forecast for the Fiscal Year Ending March 2027

Overview of the New Medium-Term Plan

The new medium-term management plan "NIRECO-VISION 100" covers a five-year period through the fiscal year ending March 31, 2031, positioning the Optics business as the core of growth and strengthening capture of demand in semiconductor and advanced fields. In the steel/nonferrous sector and the functional films/laminated packaging materials sector, the plan aims to expand overseas markets and high-performance material areas and to standardize offerings. The inspection equipment business will narrow its focus to winning strategies to improve profitability. Plans include building a production expansion structure with investment of approximately 20 hundred million yen for a new building.

Earnings Outlook for FY2027 and Investment Plan

The full-year forecast for the fiscal year ending March 2027 is revenue 13,200 hundred million yen, operating income 2,000 hundred million yen, ordinary income 2,100 hundred million yen, and net income attributable to owners of parent 1,500 hundred million yen. Both revenue and profits have been revised upward from the previous forecast. Backed by production investments in the Optics business and a high level of backlog, the company aims to expand revenue over the next five years and target revenue 17,000 hundred million yen, operating income 3,300 hundred million yen, and operating margin 19.4% in the fiscal year ending March 2031.