After the first quarter...

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To all Kimoto fans

As we reported at the beginning of the term, we are aiming to break even this term, and we are pleased to report that the first quarter has passed almost as planned.
Thanks to your support, we were able to achieve a small operating profit in the first quarter for the first time in two years.
This has given us great confidence.

Due to the impact of foreign exchange (mainly U.S. dollar deposits), we incurred a quarterly net loss due to foreign exchange valuation losses, but we intend to promote business activities to recover from this.

As announced in the 4th Medium-Term Management Plan, KIMOTO has begun its transformation and evolution from an FPD company to an IoT-related company.
In order to accelerate the development of IoT-related products, we are working on the introduction of a super-clean compact coating machine, with the U.S. as the starting point, aiming for operation in May 2017.
Our human resources have also begun to enter a growth phase with great potential from the training phase.

All employees are grateful to the KIMOTO fans for watching over and supporting KIMOTO's growth.

Thank you.


August 1, 2016
KIMOTO Co., Ltd.
President and Representative Director Kazunobu Kimoto


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