The results for the first quarter of the fiscal year ending March 2022 were as planned.
Despite the unstable situation caused by the global semiconductor shortage affecting the production of smartphones, various electrical devices, and automobiles, as well as international logistics disruptions, we achieved our targets thanks to the acquisition of new projects and the sales of high value-added products in our main products and developments such as adhesive films, diffusion films, and hard coat films.

As a highlight of the first quarter, we held the shareholders' meeting on May 28. Since we started our workflow reform 12 years ago, we aimed to hold the shareholders' meeting in May instead of the end of June. Advancing the shareholders' meeting by one month was not just a matter of speeding up tasks; it required a complete change in thinking and processes, which was a significant challenge. After long-term reforms, we were able to hold the meeting on the earliest date among listed companies with a fiscal year ending in March.

For the past 12 years, we have been making various improvements and reforms at each site. We would like to express our gratitude to our business partners and employees who have cooperated with us in adapting to changes and reforms. Despite the ongoing battle with the prolonged COVID-19 pandemic and other unstable situations such as natural disasters, we will continue to take on new challenges and, as the KIMOTO Group, contribute to society and provide products and services that delight our customers.

We kindly ask for the continued support of all KIMOTO fans.