I would like to pass on some thoughts now that the fiscal year 2014 has closed.

The Bright Side

Thanks to all, KIMOTO achieved a record-high net profit in fiscal year 2014.
One of the main factors contributing to this achievement is the fact that the financial break-even point has fallen dramatically in the past 5 years.
In addition to the hard work of Technology Headquarters and Sales Headquarters, many operational reforms designed and implemented by Administration Headquarters greatly contributed to this result.
Efficiencies were created due to the strong organizational interactions between the three Headquarters.



The Dark Side

Unfortunately KIMOTO failed to increase its sales compared to last fiscal year. The sales result was only the 21st highest historically. One of the reasons is that in the third and fourth quarter, Kimoto was defeated in the sales of some FPD-5 products (Five products for Flat Panel Display ) And the other is that the sales of 3rd party products was drastically reduced and was not replaced completely by a sales increase of our own products.
We are now looking to increase sales of KIMOTO products and confirming that the sales of 3rd party products will not deteriorate.


Looking Forward

Due to the development of some new products and sales projects over the last four years some are now starting to bear fruit.
We are positioning KIMOTO in the new fiscal year, 2015, as the year of "ready to boost" and will again aim at increasing both sales and profits.
KIMOTO sometimes considers itself clumsy because we are technology oriented which requires time-consuming development procedures.
However we are pleased to announce that we are now ready for increasing business based on our ideas and policies.
At the same time, we very much appreciate the continued support from all the Kimoto customers and supporters.

May 27, 2014
Kimoto Co., Ltd.
President C.E.O. K. Kimoto



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