Financial Results for the Fiscal Year Ending March 2017

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To all KIMOTO fans

Thank you very much for your support.

We are pleased to report that operating profit has recovered for the first time in three terms, thanks to your support.
In particular, last term's performance caused concern, but since 2009 we have been working on
1) Improving the company's structure
   Return to a technology development-oriented company
2) Workflow Improvement
   Simplifying operations and promoting efficiency
3) Work Style Reform
   Telecommuting and full flextime, etc.

these initiatives, which have begun to bear fruit, and we are pleased to report that the combined efforts and ingenuity of our employees worldwide have resulted in a recovery in performance.

The first year of the Fourth Medium-Term Management Plan (FY2017 to FY2019), announced last term, ended almost as planned (break-even), and we will continue to work hard to achieve our goals this fiscal year.
As previously mentioned, the Fourth Medium-Term Management Plan was created by young executives under the age of 49, with veterans fully supporting their efforts, and we will continue to work towards its realization.

Our performance is not yet something to boast about, but we will continue to strive daily to meet the expectations of all KIMOTO fans.

May 12, 2017
KIMOTO Co., Ltd.
President and Representative Director Kazunobu Kimoto

 

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