To Our Shareholders and Investors

I would like to express my sincere appreciation to all our shareholders and investors for the continued support.

Hirata is pleased to announce that we changed our stock market listing to the First Section of the Tokyo Stock Exchange on June 15, 2017. On this occasion, we would like to express our sincere gratitude to all the people who have supported and involved us. We endeavor to be a company that can shape the needs of customers and contribute to the society with our daily efforts as a listed company of the Tokyo Stock Exchange, offering more support for reconstruction of our home, Kumamoto and aiming more corporate value.

In FY2017, which is the second year of our mid-term management plan, we marked the highest sales of 80.5 billion Japanese Yen mainly with many orders from abroad such as large orders from an electric vehicle manufacturer in North America. We also focused on business expansion such as more local procurement and manufacturing based on the collaboration with our overseas affiliated companies for more incoming orders and cost-effectiveness.

We as “One Hirata” are to arrange human resources optimally and improve production efficiency in order to assure incoming orders successfully. In addition, we progress globalization of human resources. Furthermore, we strengthen our new business and technology in the field of engineering, pharmaceutical and medical sciences more specifically for the future, and expand sales of functional unit at the present term ending in March 2018 as well.

Regarding our forecast for FY2018(April 2017 to March 2018), our consolidated sales is to be 90 billion Japanese yen, operating income is to be 9 billion Japanese yen, ordinary income is to be 8.8 billion Japanese yen and profit attributable to owners of the parent company is to be 6 billion Japanese yen.

As to the current dividends, we would like to set 100 Japanese yen per share in FY2018.

Moving forward, we aim to improve our long-term corporate value by responding sincerely to the opinions of shareholders and investors and continuing to provide necessary information for making investment decisions in a timely and appropriate fashion. I look forward to your continued support.

July 2017

Representative Director, President Yuichiro Hirata

Yuichiro Hirata
Representative Director, President

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