Leveraging our engineering capabilities,
we will create DJK's one-of-a-kind business.
I would like to express my sincere appreciation to our stakeholders for their continued support.
With the closing of our accounts for the second quarter of the 102nd fiscal year (from April 1, 2024, to September 30, 2024), I am pleased to report our business results and other matters to those who support us on a daily basis.
In the six months ended September 30, 2024, the Japanese economy felt the impact of various external factors, including natural disasters and a rapid appreciation of the yen, but demonstrated a trend of modest recovery due to a rebound in global demand for semiconductors, ongoing expansion in inbound demand, and progress in the price pass-through of cost increases. Nevertheless, future prospects remain uncertain against a backdrop of instability stemming from a global economic slowdown, growing geopolitical risks, the impact of higher prices on consumption, concerns about the growing severity of labor shortages, and other issues.
Under these circumstances, the results for the six months ended September 30, 2024, were year-on-year increases in revenue and profit. Net sales and all profit levels were record highs for first-half performance, keeping us firmly on track to achieve our full-year goals of net sales of ¥200 billion and operating income of ¥10 billion.
Segments contributing to our solid performance included the Energy Solutions Business, which saw large-scale projects in lithium-ion battery (LIB) manufacturing equipment and other areas, and the Healthcare Business, where engineering projects for manufacturing equipment for advanced control medical devices, packaging lines, and more had a positive impact. We also made progress in the U.S. and India, which we see as focus areas. In the U.S., we initiated business relationships with major automotive companies; in India, we expanded our business relationships around a subsidiary that manufactures material handling systems for a target market of local companies.
We are currently formulating MT2027, our next medium-term business plan, with the aim of achieving dramatic growth over a three-year period of the plan as we strive to bring our V2030 growth strategy to fruition. We will implement business-specific growth strategies, positioning our Energy Solutions Business, Automotive Business, and Healthcare Business as priority areas, our Plant & Energy Business, Industrial Machinery Business, and Electronics Business as foundational areas, and our Aviation & Social Infrastructure Business as a growth-focused business.
Moving forward, we will continue to enhance our corporate value by not only generating economic value through our core business efforts but also engaging in society-benefiting initiatives and other activities to enhance our social value. I hope that our stakeholders will continue to hold expectations for and extend support to DJK.
November 2024
