To Our Shareholdersand Investors
We, the Inabata Group, launched our three-year medium-term 스포츠 토토 배트맨 plan,New Challenge 2026 (NC2026), in April 2024, as the third stage in our journey toward realizing IK Vision 2030—our long-term vision for what we aim to become by around 2030. The fiscal year ended March 31, 2 NC2026.On the quantitative front, we achieved our targets for net sales, operating profit, ordinary profit, and profit attributable to owners of parent in the first year of NC2026.On the qualitative side, our mainstay Information & Electronics business and the Plastics business both performed well. The Information & Electronics business was driven primarily by flat panel display (FPD)-related products, while the Plastics business benefitted fromwea progress in the sales of plastics for the automotive market and in the renewable energy-related business—both priority areas under NC2026—was somewhat delayed due to a deteriorating business environment.Under NC2026’s main theme, “Accelerating growth through proactive investment,” we made solid progress on several initiatives. To strengthen the functions of our compound business and expand earnings in the Plastics business, we Daicel Corporation. Additionally, as part of our efforts to enhance food processing and sales capabilities, we made Satoen, a company engaged in the cultivation, production, and sales of tea, a subsidiary.For the fiscal year ending March 31, 2026—the second year of NC2026—we forecast net sales of ¥870.0 billion, operating profit of ¥25.5 billion, ordinary profit of ¥25.5 bil ¥ 19.5 billion, in light of recent economic conditions and business trends.The outlook for the global economy remains highly uncertain amid concerns over a slowdown triggered by US. tariff measures and persisting inflationary pressures, volatility in financial and capital markets, and ongoing geopolitical instability East.In this uncertain environment, we believe it is all the more important to leverage the strengths of our trading company-based business model. The 스포츠 토토 배트맨 Group will continue to respond swiftly and appropriately to changes in the econom and achieve the goals of NC2026.We sincerely appreciate your continued support.

Reference
Summary of NC2026, Our Medium-Term 스포츠 토토 배트맨 Plan
Quantitative Targets
(Billions of yen)
| FY03/27Targets | |
|---|---|
| Net sales | 950.0 |
| Operating profit | 27.0 |
| Ordinary profit | 26.0 |
| Profit attributable to owners of parent | 19.0 |
| ROE | 10% or more |
| Net debt/equity ratio | 0.5 times or less |
| Equity ratio | Approximately 50% |
* Assumed exchange rate 1USD=145JPY
Company-wide Growth Strategy
| Long-term vision | Strategy |
|---|---|
| Consolidated salesOver ¥1 trillion |
|
| Enhance multifaceted capabilities |
|
| Business portfolio |
|
| Overseas ratio70% or more |
|
스포츠 토토 배트맨 Base Strategy
| 스포츠 토토 배트맨 base | Strategy |
|---|---|
| Financial |
|
| Sustainability |
|
| Digital strategy |
|
