To Our Shareholders

I would like to express our sincere thanks to our shareholders for their continued support.

For the 8th Medium-term Management Plan "RISO Vision 25," which will conclude in the fiscal year ending March 31, 2025, the RISO Group is pursuing the management objectives of "1) Expand IJ business, and 2) Establish a solid customer oriented sales planning structure."

In the fiscal year ended March 31, 2024, net sales in the mainstay printing equipment business declined compared to the previous fiscal year due to a surge in demand at the end of the previous fiscal year, prior to price revisions in Japan. Overseas, net sales exceeded those of the previous fiscal year amid generally steady sales performance due in part to price hikes, in addition to the effect of the depreciation of the yen. Overall, net sales and operating income decreased. Profit increased mainly due to the recording of foreign exchange gains and extraordinary income. Based on this performance, RISO paid a year-end dividend of 100 yen per share.

In the fiscal year ending March 31, 2025, RISO will continue to expand the inkjet business. Net sales are expected to increase due to increased overseas sales in the printing equipment business and the recording of sales of inkjet heads from July. However, operating income is expected to decrease mainly due to increased selling, general and administrative expenses, including goodwill, along with the inkjet head business succession. RISO plans to pay a year-end dividend of 100 yen per share.

We will continue our efforts to implement "RISO Vision 25" in order to meet the expectations of our shareholders.
I humbly request your continued understanding and support going forward.

June 2024
Akira Hayama
President & CEO