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To Our Shareholders

Akira Hayama

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

The RISO Group (RISO) formulated the Seventh Medium term Management Plan (RISO Vision 22) with the first fiscal year of the period ending March 31, 2020, and followed its medium term management policy of gEnhance profitability by expanding the inkjet business and improving efficiency on a Group wide basish.

In the fiscal year ending March 31, 2020, being affected by exchange rates in the form of the stronger yen, sales also fell as a result of the spread of the novel coronavirus infectious disease (COVID-19) in the fourth quarter. Net sales decreased and operating income decreased year on year.

In August of last year, RISO began rolling out VALEZUS as a new brand of high-speed inkjet printers for the production printing (PP) market, and released the high-speed cut paper printer "VALEZUS T2100" in North America and Europe.

In the fiscal year ending March 31, 2021, although there are many uncertain factors, by focusing on sales to high volume prospects in the PP market, RISO will expand the inkjet business in parallel with improving efficiency on a Group-wide basis.

In closing, I would like to ask our shareholders for their continued support.

June 2020
Akira Hayama
President & CEO

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