To Shareholders and Investors - UNIPRES CORPORATION

Top Message

Regarding consolidated financial results for the second quarter of FY 2021, although a significant improvement in revenue due to coming out of the COVID-19 pandemic, net sales was only 119.3 billion yen, operating income was -7.9 billion yen, ordinary income was -7.2 billion yen, and net income attributable to the owners of the parent was -7.7 billion yen impacted by customers’ sharp production cutbacks caused by the global shortage of semiconductor supplies.

The impact of the reduced production is expected to continue in the second half of the year, leading to a significant decrease from our initial production volume forecast. Thus, we have revised the forecasts of consolidated business results for FY2021 ending March 31, 2022, announced in May 2021, downward to 268 billion yen in net sales, -3.7 billion yen in operating income, -2.4 billion yen in ordinary income, and -5.1 billion yen in net income attributable to owners of parent.
However, we have been steadily making efforts to improve profitability. In addition, at Nissan Motor Co., Ltd., one of our major customers, plans to launch a large number of new model cars globally starting in the second half of FY2020 through FY2022 are progressing smoothly, and we are taking steps to prepare for the launch of parts for the new model cars at our production sites both in Japan and overseas. We will be ready to respond flexibly to the recovery of production volume in the next fiscal year and thereafter, and build a robust revenue base that ensures steady profitability.
As for dividends, while our basic policy of paying out stable dividends remain unchanged, we regret to inform you that there will be no payment of interim dividends, in light of the much lower than previous expected. With regard to the payment of the year-end dividend, it continues to be undetermined for the time being and we will make a decision by monitoring the situation going forward and promptly announce it, as soon as it is possible to do so.

We will all strive as one Global Unipres and further deepen UPS（Unipres Production System）Activities while promoting sustainability management to aim for sustainable growth by trying to build up a robust and flexible corporate structure that can be resistance to change.

December, 2021

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Disclosure Policy

■Basic Policy for Disclosure

Unipres strives for the fair and timely disclosure of important company information to every stakeholder, including shareholders and investors, for better understanding and a more appropriate assessment of our company.

■Disclosure Methods

Disclosure is made pursuant to the "Securities Listing Regulations, etc." (hereinafter referred to as the "Regulations").

Information corresponding to the Regulations will be disclosed through the "Timely Disclosure network" (hereinafter referred to as "TDnet") operated by the Tokyo Stock Exchange after providing prior explanation, as well as to various mass media organizations without delay.

Information not corresponding to the Regulations will also be actively disclosed via appropriate methods if deemed important by Unipres.

Information disclosed through TDnet will also be disclosed widely through subsequent posts of the Company's website, etc.

■Caution Concerning Forward-Looking Statements

Unipres discloses information on the Company's financial performance on a quarterly basis, and some of the information contains forward-looking statements. These statements are only predictions based on information available at the time the announcements were made, and such statements are not guarantees of future performance. Accordingly, it should be noted that actual results may differ from those forecasts on projections due to various factors.

■Website Terms of Use

Unipres operates this website for stakeholders searching for company information on the Internet.

The content of this website is subject to change or discontinuation without notice. You may experience difficulties in accessing this website normally due to the communication environment, the status of your computer, or other reasons. We will not be responsible for any resulting trouble, loss, or damage.

None of the information on this website constitutes an offer, advice, or solicitation to purchase or sell securities of Unipres Corporation. Neither Unipres nor providers of information will take any responsibility whatsoever for any loss or damages incurred on the basis of this information. Users are requested to make investment-related decisions based on their own judgment. Please also note that the information provided does not always reflect the most recent information available.

* Please also refer to our Terms of Use.

■Silent Period

In order to prevent the leakage of financial closing information and to ensure fairness of information disclosure, the Company has adopted a "silent period" that commences on the day following the closing date of each quarter and ends on the day the financial results for that quarter are released. During this period, the company refrains from responding to any questions concerning financial closing for the relevant period. If it becomes apparent during the silent period that the results forecast will differ from previously announced results forecasts to an extent that requires timely disclosure, we will disclose the information in the form of a revised results forecast.