To Shareholders

To bring joy and happiness to all stakeholders, we make full efforts to develop our business and to enhance corporate value.

President and Representative Director Katsuro Iwaida

Please allow us to express our sincere gratitude for our shareholders’ continuous support and patronage.

This is our Group’s performance report for the 60th fiscal year (from April 1, 2020, to March 31, 2021).

This year has been greatly affected by the COVID-19 pandemic, in an environment where there have been limits on economic activity both inside Japan and internationally. However, rising demand for semiconductors due to the global spread of 5G (5th Generation Mobile Communication System) as well as a dramatic increase in data traffic volume, has been seen in the semiconductor equipment market, in which our Group is involved with. This surge has resulted in semiconductor manufacturers actively implementing capital investments to boost their manufacturing capabilities, intensifying the expansion trend.

Within this environment, our Group has been making efforts toward preventing coronavirus infections to ensure the safety and health of our employees, their families, and stakeholders, while enhancing our manufacturing systems and promoting proposal-based selling through remote operations such as actively using the internet.

Furthermore, we have identified the current strong demand for semiconductors as an opportunity to promote investment activities toward expanding the manufacturing capabilities of our subsidiary, NAIGAI ELECTRONICS INC., under the policy of “expanding manufacturing operations by improving development/productivity based on existing vacuum/control technologies, in order to boost added values to our company”. We are also making investments to secure resources for in-house development/processing and construct an overall, comprehensive warehouse/logistics system for the Group.

As a result, our Group’s consolidated performance has exceeded the estimated performance announced on July 10, 2020, with both increased sales and profits on the previous fiscal year.

We are honored to have been able to celebrate our 60th anniversary this June. Ever since the company was established as a retailer for hydraulic machinery and equipment in 1961, we have built up a variety of knowledge and experience, and have pushed forward without being satisfied with the status quo. This mentality of ours will not change, and we will continue our efforts to provide value unique to our company.

We look forward to receiving the continued support and guidance of our shareholders.

June 2021
President and Representative Director
Katsuro Iwaida