Message from the President

Message from the President

 I, Junichi Kameya, have taken the President’s post as appointed at the 66th Ordinary General Meeting of Shareholders held on June 25, 2021.
 First, I would like to express our deepest sympathies to all those affected by the COVID-19 infection.

 The global economy in the fiscal year ended March 2021 slowed sharply due to the influence of the worldwide COVID-19 pandemic at the beginning of the period and the effects of the US-China trade friction. From the second quarter onward, economic recovery was seen as a result of the gradual resumption of economic activity by the governments of each country. Meanwhile, Japan started a COVID-19 vaccination program early this year. However, an uncertain situation continues due to the spread of virus mutants.

 Regarding the forecast of consolidated operating results for the fiscal year ending March 2022, in the electronics market where the Yamaichi Electronics Group is focusing, we anticipate a market expansion of IoT and 5G products, an expansion of data center investment and semiconductor capital investment, and a demand increase in various electronic components in line with the further functional progress of automobiles and smartphones,

 Under these circumstances, the Group’s three-year medium-term business plan (for the fiscal year ending March 2021 through the fiscal year ending March 2023), which started in fiscal 2020, has no change in basic policy from the Group’s previous medium-term business plan. From the perspective of developing products that will create the future under our global collaboration, the Group aims to continue growing into a corporate Group to provide products and services with which customers will be satisfied. We will work to achieve this management goal. Furthermore, we will continuously promote its growth strategy and structural reform as a core. While growing into a corporate group that can meet the more needs of our customers, we will further strengthen our financial position and management base for further growth.

 We look forward to receiving your further support and patronage.

 

  June 2021