We are pleased to report our results for the first half of the fiscal year ending March 31, 2025.

During the first half of the fiscal year under review, although some movement has been observed in China and other markets, the overall sense of uncertainty could not be denied. In this situation, the Group steadily promoted its business in each of its locations, and as a result, revenue stood at ¥49,795 million (up 23.6% year on year), a historical high level in the first half, operating profit was ¥9,916 million (up 66.9% year on year), and profit attributable to owners of parent was ¥4,813 million (up 119.6% year on year).

While continuing to work on expanding sales, improving production efficiency and reducing costs, the Group seeks to offer new products that fully meet customer requirements and enhance the services it provides. Through these efforts, it will consistently aim to raise customer satisfaction and work hard to maintain management structures trusted by customers.

The Company decided to pay an interim dividend for the consolidated fiscal year ending March 31, 2025 of 27 yen per share, an increase of 3 yen from the initial forecast. The Company expects to pay the year-end dividend of ¥27 per share, making the annual dividend ¥54 per share.

We respectfully ask for the continued support and encouragement of our shareholders.

November 2024
TSUGAMI CORPORATION