We trust all of our stockholders and investors are doing well and we thank you for your confidence and support.

Since its foundation, Kyosan Electric Manufacturing has expanded its business in the core areas of “Railway Signaling Solutions,” “Traffic Management Solutions” and “Power Conversion Solutions,” as well as domains such as “Platform Safety Equipment” and “Information Systems,” based on the themes of “Safety” and “Reliability.”

In April 2022, we launched our three-year “Medium-Term Management Plan 2025.” Aiming to secure the Kyosan Group’s perpetual growth based on a long-term vision, we will use this plan to guide us in expanding our business and building a stronger symbiotic relationship with society through environmental, social, and governance (ESG) management.

In particular, we recognize that even stronger corporate governance is essential for ensuring the Kyosan Group’s lasting growth and improving its corporate value. With this in mind, we will strive to practice management that enhances corporate value by building good relationships will all stakeholders. Our efforts will include pursuing appropriate information disclosure and active dialogue with stockholders and further developing the roles and responsibilities of the Board of Directors and other parts of our organization.

Once again, we thank all of our stockholders and investors for your continued support in the future.