Fujibo HD Research Memo (11): Promoting sustainable management based on 'Growth', 'Profitability', 'Social Contribution', and 'Integrity'.

■ Fujibo Holdings <3104>'s initiatives on esg The company has been issuing a sustainability report every year, but starting in 2024, it will issue an 'integrated report' instead of the 'sustainability report'. The company's first 'Integrated Report 2024' (to be published on September 30, 2024) will introduce not only financial information but also the company's strengths, growth strategy, and initiatives in sustainability management, providing comprehensive insights to stakeholders such as investors.

Fisco JapanDec 9 11:11

Fujibo HD Research Memo (10): An increase of 10 yen in dividends is planned for the annual dividend of 120 yen for the fiscal year ending March 2025.

■ Fuji Spinning Holdings <3104> prioritizes shareholder returns as one of the most important management tasks, considering management environment and performance trends comprehensively for profit distribution, with the basic policy of providing long-term stable dividends that correspond to performance. Additionally, to enhance corporate value in the medium to long term, it secures internal reserves for growth investments in core businesses (abrasives business, chemicals business). The company continues to show an upward trend in net assets (excluding new share subscription payments).

Fisco JapanDec 9 11:10

Fujibo HD Research Memo (8): With the recovery of the semiconductor market, further strengthening growth investment in the second half of the medium-term management plan.

■ Fuji Textile Holdings <3104> has formulated and implemented five medium-term management plans since 2006 to address management issues of the time. Following the medium-term management plan 'Transformation 06-10', the most important management theme has been 'transformation', leading to a reconstruction of the business portfolio to strengthen corporate structure, resulting in a net income attributable to shareholders of the parent company exceeding 4.4 billion yen for the fiscal year ending March 2022, the highest in history.

Fisco JapanDec 9 11:08

Fujibo HD Research Memo (7): A significant recovery in semiconductor demand etc is expected to lead to substantial revenue and profit growth for the fiscal year ending March 2025.

The capital investment plan for the fiscal year ending March 2025 is expected to be 6,220 million yen, which is a 92.0% increase compared to the previous term, indicating a doubling of investment compared to the last term. In the abrasive materials business, the focus is on strengthening research and development investment as a medium- to long-term growth investment.

Fisco JapanDec 9 11:07

Fujibo HD Research Memo (2): A high-profit enterprise aiming for growth in non-textile sectors (1)

Since 2006, the "business structure reform" has lowered the proportion of the textile business and expanded non-textile areas, such as abrasives, chemicals, etc.

Fisco JapanDec 9 11:02

Fujibou HD Research Memo (1): The abrasive materials business and chemicals industrial products business are expected to expand. For the fiscal year ending March 2025, a significant increase in sales and profits is forecasted.

■Summary: Fujibo Holdings <3104> was established in 1896 and primarily focuses on the abrasive materials business and chemicals business, with the lifestyle clothing (such as B.V.D.) business as a secondary focus. The company has thrived alongside the textile industry in japan, but it has undergone significant transformation, with its original textile and spinning business now constituting less than 20% of its overall operations. These three areas now represent the core major businesses. The revenue composition is approximately 40% from abrasive materials, about 30% from chemicals, and around 20% from lifestyle clothing, with chemicals included in the other business segment.

Fisco JapanDec 9 11:01