FY2022 Results and FY2023 Forecast

Filter Business FY2022 Results As demand gradually recovered, sales significantly increased from the previous fiscal year due to the sales promotion of high value-added products that pursue measures for control of infectious diseases and air quality improvements and the steady implementation of selling price measures. ✓ Sales of air filters to industrial markets such as factories increased significantly in the United States. In Japan, in addition to the sales expansion for products that control and prevent the spread of infectious disease, we expanded sales to the thriving semiconductor market. ✓ In P&I*, we focused on sales for commercial-use dust collectors, for which demand was strong, and worked to improve our business structure by shifting resources to the After Sales Service business. FY2023 Forecast In the Air Filter segment, we will work to expand sales and increase market share of high value- added products for the semiconductor and pharmaceutical markets while also improving profitability by reducing costs and increasing selling prices. In P&I, we will concentrate resources on strong businesses such as dust collection systems and the after sales service as we aim to expand sales by strengthening product appeal. *P&I: commercial-use dust collection systems such as for gas turbines and large-scale plants 19

View entire presentation