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Investor Presentaiton

Medium-term Management Plan Innovation Plan 2016 "Growing" An aggressive plan to raise earnings to record levels in FY2016 TOKAI regained financial soundness by the FY2011-FY2013 medium-term management plan (Innovation Plan 2013), which had been our maximum concern. Currently, we are proceeding with the next medium-term management plan (FY2014-FY2016): Innovation Plan 2016 "Growing." TOKAI aims to achieve an approximately doubled EPS compared with the end of FY2013 to raise earnings to record levels in FY2016. (Operating income of ¥12.6 billion and net income of ¥6.2 billion.) ■ TOKAI also aims to achieve a capital adequacy ratio of about 30%, and plans to have interest-bearing liabilities at the level of half the figure of ¥124 billion, as they were before the Group integration in FY2010. FY2010 Result FY2013 FY2014 FY2015 FY2016 Result Plan Plan Plan Net sales (\ billion) 174.9 189 196.9 202.3 209.5 Operating income (\ billion) 10.8 7.4 8.2 9.7 12.6 Net income (\ billion) 2.2 2.6 3.2 4.0 6.2 Net earnings per share (\/share) 30.48 22.67 27.86 34.91 54.06 EBITDA (\billion) 26.3 24.9 25.2 26.7 28.7 Interest-bearing (\ billion) 124 85.8 81.8 74.1 64.7 liabilities Capital adequacy ratio (%) 7.7 21.6 23.0 25.1 28.6 5 * FY2014-FY2016 plan was disclosed in June 2014
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