代表あいさつ

Greeting from the CEO

We would like to express our sincere gratitude to our shareholders, investors, and Stakeholders for their continued support.

In fiscal 2021, the novel coronavirus (COVID-19) spread around the world, and the global economy suffered an unprecedented blow. In areas where vaccination is progressing, the spread of infections has been declining, and economic activity has begun to resume, albeit gradually. However, economic activities are still restricted in many regions to prevent the spread of infection, and some areas are spreading again, and the spread of the new corona infection is still not in sight, and the future remains uncertain.

As a result of our efforts to ensure the safety of employees, their families, customers, and other internal and external stakeholders and to prevent the spread of infection, there was no significant hindrance to our business activities. We will continue our efforts to prevent infection.

In fiscal 2021, demand for Ink jet Printer, which is manufactured by SEIKO EPSON on consignment (OEM) to SEIKO EPSON, increased significantly due to the promotion of economic activities that avoid human contact as much as possible, such as telework and telecommuting, in order to prevent the spread of the new coronavirus, resulting in a significant increase in sales and profit.

On the other hand, in the automotive-related business, sales of automotive center panels fell due to semiconductor (IC) supply problems, but orders for Car Audio and Key Less Entry were firm.

Although the business environment remains severe due to ongoing sales competition, the Group will strive to maximize the value it provides to shareholders, customers, employees, and society and increase earnings by working to build a new business model for “creating new value” and further accelerating initiatives in anticipation of changes in customer demands.

Although the business environment remains severe due to ongoing sales competition, the Group will strive to maximize the value it provides to shareholders, customers, employees, and society and increase earnings by working to build a new business model for “creating new value” and further accelerating initiatives in anticipation of changes in customer demands.

 

Yoichi Muramoto

Chairman/President

PAGETOP
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