IR message

We would like to take this opportunity to thank all of you, for your continued cooperation and support.

In fiscal 2024, we posted year-on-year increases in sales across all categories--automobiles, electronic devices and semiconductors, consumer electronics and precision equipment, and other. In China, where sales declined in fiscal 2023, our performance recovered to the strong level seen in fiscal 2022. In Southeast Asia, we performed well in Vietnam and Malaysia, and we also enjoyed growth in India and Europe. By contrast, sales in Japan fell year on year, prolonging the domestic slump.
Given the need to restructure our domestic operations and respond to our performance slowdown in China, in fiscal 2023, we revised our mid-term business plan and formulated Value Creation 2024 Revival in July 2023. It had achieved certain results.

In January 2023, we disclosed changes to our basic capital policy and shareholder return policy. In these policies, we have established, as indications for determining dividend amounts, a consolidated payout ratio of 30% or higher and a dividend-on-equity (DOE) ratio of 3% or higher.

Marking our 50th anniversary and looking ahead to the next decade, we formulated our long-term vision, Vision60. Under this vision, we set forth our aspiration of "breaking away from dependence on mold and die components." On the basis of this policy, the Punch Group aims to push the boundaries of its business territories and be a corporate group that meets the diverse needs of an ever-changing society.

We hope we can continue to rely on your support in the future.