Presentation of Financial Results for FY2021 slide image

Presentation of Financial Results for FY2021

Filter Business FY2021 Results As demand began to recover mainly in Japan, Europe, and the United States, we built a stable supply system, reduced total costs, and promoted sales of high value-added products that seek to mitigate the spread of infectious diseases and improve air quality. Sales exceeded the previous fiscal year. āœ“ In the Air Filter segment, we responded to the growing need for ventilation and strengthened sales activities for high value-added products that mitigate the spread of infectious diseases such as high- performance filters and negative pressure units. Sales increased in the United States for commercial use markets such as at factories. In Europe, sales expanded for high-end markets such as pharmaceuticals, whereas in Japan we expanded sales in favorable markets including semiconductors. āœ“ In P&IX, together with expanding sales for industrial-use dust collection equipment where demand is strong, efforts were made to improve the business structure by shifting resources to the After Sales Service business. FY2022 Forecast In the Air Filter segment, we will work to improve profitability by focusing on productivity improvements and cost reductions while also expanding sales and increasing market share of high value-added products that meet customer needs in the semiconductor, pharmaceutical, and food product markets. In P&I, we will endeavor to further bolster the After Sales Service business and reduce fixed costs to build a stable business foundation. *P&I: commercial-use dust collection systems such as for gas turbines and large-scale plants 20
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