Message to Shareholders & Investors

Kenji Kose, Chairman and Representative Director   Takatoshi Kimura, President and Representative Director
Kenji Kose, Chairman and Representative Director
Takatoshi Kimura, President and Representative Director

To all our stakeholders, we would like to express our deepest gratitude for your continued support and encouragement.

FY2021 Consolidated Results

In FY2021, the Tsubaki Group’s consolidated net sales totaled ¥215.8 billion, while operating income amounted to ¥17.8 billion, resulting in an operating income ratio of 8.3%.
Sales increased 11.6% from the previous year due to the progress of vaccines against COVID-19 and economic policies in various countries, which led to a general recovery trend in the global economy. Operating income also increased significantly by 100.5% compared to the previous year, mainly due to an increase in gross profit resulting from higher sales.

FY2021 Consolidated Outlook

Although we expect the economic recovery trend to continue in FY2022, the outlook remains uncertain due to concerns about material shortages and material price hikes caused by the re-spread of COVID-19 and heightened geopolitical risks.
Based on these factors, our full-year consolidated earnings forecast is as follows.

Sales: 240.0 billion yen (+11.2% YoY)
Operating income: 20.0 billion yen (+12.1% YoY)

We are determined to improve our corporate value by steadily implementing the strategies set forth in the "Mid-Term Management Plan 2025" that we commenced last year. In addition, as we aim to both solve social issues and achieve our own growth through "Linked Automation*" technology, we sincerely ask for the continued support and encouragement of our shareholders.

*Linked Automation: A technology domain that is highly functional and highly automated.

June 2022
Kenji Kose, Chairman and Representative Director
Takatoshi Kimura, President and Representative Director

Toward a Sustainable Society

The Tsubaki Group is engaged in the “art of moving” and aims to provide value that exceeds expectations
to become a company that continues to be needed by society.