In the 2nd year of the Three-year Business Plan, BEACON 2030 Phase II,
we will strongly drive forward the transformation to realize our Long-term Vision.
 

Hirokazu Ogino,  
Representative Director,
President and Chief Executive Officer

First, we would like to sincerely thank our shareholders for your continued support.

We hereby report the results for FY2024 ended March 31, 2025.

In FY2024, the Company posted record high sales supported by yen depreciation. Operating income increased, as gross profit margin improved due to decrease in inventory devaluation, higher selling prices, and favorable product mix.
The Company decided to pay a year-end dividend of 16 yen per share. As a result, the full-year dividend for FY2024 was 31 yen per share, including the interim dividend of 15 yen per share. As the Company also acquired 10 billion yen of its own shares, the largest amount in the Company’s history, the consolidated total return ratio was 107% in FY2024. Effective July 2024, each share of common stock was split into two shares. The Company also cancelled 5.5 million shares of its treasury shares. We will maintain a consolidated total return ratio of 35% or more. The full-year dividend for FY2025 will be 32 yen per share.
To achieve the targets in the Three-year Business Plan, BEACON 2030 Phase II, we appointed a Chief Operating Officer, Chief Strategy Officer, and Chief Administrative Officer to assist the Chief Executive Officer in April 2025. To address important management issues across divisions, these officers are responsible for practicing operational excellence, promoting global business strategies, and establishing a corporate administration platform. The Company has also newly established the Neurology Business Division to create synergies with Ad-Tech. In addition, the Company has introduced an Employee Stock Ownership Plan with the aim of enhancing Employees’ morale and motivation to contribute to increasing the Company’s medium- to long-term business performance and corporate value.
The FY2025 is an important touchstone year for us to achieve the Three-year Business Plan. We will firmly align our eyes with our shareholders and contribute to achieving a sustainable society and enhancing the corporate value of the Company.

We deeply appreciate your continued support.