The economic conditions during the fiscal year ended March 2012 were severe, due to an impact of the Great East Japan Earthquake, flood damages in Thailand in October 2011, and a decrease in exports from appreciating yen, etc.
Under such conditions, our sales decreased YOY, but our income increased from downsizing and cost-cutting measures to achieve net income for the first time in five fiscal years.
Unfortunately we continue not to pay dividends for FY2012, but will reduce loss carried forward in the near future in order to resume dividend payment.
We have gained many new shareholders through the share exchange with Strawberry Corporation on November 1, 2011. We will further strengthen our group network to achieve sales growth and increased income.

June 2012