The global economy maintains solid growth, yet the outlook remains uncertain due to the impact of U.S. trade policies and geopolitical risks in Ukraine, the Middle East, and other regions. The Japanese economy is showing signs of a gradual recovery, supported by robust corporate earnings and employment conditions, as well as wage increases in response to rising prices, despite concerns about the impact of U.S. tariff policies on exporters and fears of a recession due to high inflation.

Amidst these circumstances, the 12th fiscal period recorded sales of ¥14,051 million and operating profit of ¥705 million. Although these figures fell short of initial forecasts due to the recognition of M&A-related expenses, both represented all-time highs, achieving 12 consecutive periods of sales growth and 7 consecutive periods of profit growth. This is attributable to the steady growth of our existing businesses, driven by the maximum investment in human resources and M&A we have pursued since our stock market listing to enable us to provide higher-value-added information services.

This is entirely due to the patronage and support of our shareholders and all those involved, for which we express our deepest gratitude.

For the 13th fiscal period, we anticipate further growth with sales of ¥16.85 billion and operating profit of ¥1.044 billion. We have set ambitious targets of achieving sales of ¥30 billion and operating profit of ¥3 billion by 2030. Despite the global economy's turbulence, demand for information systems driven by legacy system modernization and DX (digital transformation) is steadily increasing. According to the Ministry of Economy, Trade and Industry's projections, there will be a shortage of approximately 790,000 IT engineers by 2030. Therefore, we believe there is definite demand within the IT industry.

To address this situation, we intend to further increase our investment in recruitment and development, implement a 6% improvement in compensation to enhance engineer retention, and acquire a broad range of technologies and services through proactive M&A. In addition to DX, demand for information systems is expected to increase further due to initiatives such as adapting to generative AI and achieving a decarbonized society (carbon neutrality).

We will continue to advance steadily, step by step, aiming for further growth. We sincerely ask for your continued patronage and support.