Roland : Notice of Medium-Term Management Plan

Translation

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any

discrepancy between this translated document and the Japanese original, the Japanese original shall prevail.

	13 February 2023
Company:	Roland Corporation
Representative:	Gordon Raison, CEO & Representative Director
	(Securities Code: 7944; TSE Prime)
Contact:	Shunsuke Sugiura, CFO & Director
	(Tel. [phone])

Notice of Medium-Term Management Plan

Roland Corporation hereby announces that we have formulated a three-yearMedium-Term Management Plan covering the period from the fiscal year ending December 31, 2023, to the fiscal year ending December 31, 2025, as follows.

1． Long-Term Vision

The World Leader in Music Creation

2． Target of Medium-Term Management Plan

Create Fans For Life! - Become a Brand Loved by More Music Lovers -

3． Core Strategies of the Medium-Term Management Plan
(1)	Creating Demand
		Market Creation by Game Changer Products and Acquiring Potential Customers
(2)	Expanding Market Share
		Re-enter Portable keyboard markets and Expansion Sales in Emerging Countries
		Expand market share by Roland Retail
(3)	Increase Lifetime Value
		Create a mechanism for Lifelong Enjoyment of Music
(4)	Strengthen Foundation
		Energize Human Resource and Infrastructure Investment to achieve Long-Term Vision
4． Financial Targets
				FY12/2022	FY12/2025
				(Actual)	(Target)
	Sales		JPY 95.8bn	JPY 123.2bn
	Operating Profit		JPY 10.7bn	JPY 17.9bn

Profit attributable to owners of parent	JPY 8.9bn	JPY 13.4bn
ROIC	18.7%	20% or more

For details, please refer to our website (https://ir.roland.com/en/ir/management/midterm.html).

Note: The financial result forecasts contained in this document are prepared based on the information currently available. Actual results may differ significantly from these forecasts due to a variety of factors going forward.