Fuji : Notice regarding the Formulation of "Mid-term Business Plan 2026"

May 10, 2024

To All Concerned Parties,

Company name: FUJI CORPORATION

Representative: Joji Isozumi, President & COO

(Securities code: 6134, TSE Prime, NSE Premier)

Contact: Junichi Kano, CFO (Tel: [phone])

Notice regarding the Formulation of "Mid-term Business Plan 2026"

Fuji Corporation hereby announces that Fuji Group has formulated its new three-year business plan: the "Mid- term Business Plan 2026" for fiscal 2025 to 2027.

The outline of this mid-term business plan is as follows.

1. Fuji Materialities and FUJI 2035

In order to respond to changes in the global "manufacturing" business environment around us, it has become essential to address social issues such as automation, labor saving, labor shortage, and carbon neutrality. In our neighboring fields of robotics and electronics, we have identified the following three material issues (materialities) as our priorities for responding to these social issues. Based on these materialities, we have established "FUJI 2035: Provides innovation to the world as a global company that contributes to manufacturing, lifestyles, and the future," as the ideal image of Fuji Group ten years from now. We will work to realize our purpose: "Enriching the lives of those in the world around us."

Three materialities
Manufacturing	Contributing to solving social issues through business as a manufacturing
	company
Life	Expanding access to an enriched society
Future	Contributing to a carbon neutral society, creating innovative human resources

2. Review of the previous mid-term business plan

FY2022	 Record-high sales and operating profit driven by a strong electronics
	market and automotive-related demand
FY2023	 Updated record-high sales
	 Operating profit failed to reach a record high due to the impact of soaring
	material costs
FY2024	 Sales greatly declined due to weak global demand for capital investment.
	 Profit decreased significantly due to the impact of higher material costs
	and lower sales volume. The mid-term business plan was not achieved.

3. Mid-term business plan 2026

The "Mid-term Business Plan 2026," which is back-cast from "FUJI 2035," sets out measures to restructure our business portfolio and enhance our corporate value to society, with the following three basic policies.

1. Expand existing businesses and strengthen profitability
2. Create and commercialize next-generation businesses
3. Improve business foundations based on ESG

We advance our business strategies to expand our business areas of SMT pick and place machines (mounters) and semiconductor manufacturing machines (die bonders), both of which are expected to grow in market size in the future. Also, in response to the realization of management that is conscious of the cost of capital and stock price, with the goal of achieving ROE of 10% and PBR of 1.1 times or more in the final fiscal year of the Mid-term Business Plan 2026, we will strive to appropriately allocate operating capital, expand disclosure including non-financial information, and strengthen investor relations activities.

Key business index

	FY2024 results	FY2027 target
Net sales	127 billion yen	180 billion yen
Operating profit	13.4 billion yen	33.0 billion yen
ROE	4.6%	10%
PBR	1.1 times (as of the end of fiscal 2024)	1.1 times or more
Shareholder	Annual dividend of 80 yen	Dividend payout ratio of 50% or more
returns	Share repurchase program of up to	(80 yen will be maintained and
	10 billion yen (Completion: May 2024)	continued)
		Share repurchase program of 15
		billion yen and more (3-yearcumulative
		total)

For further details, please refer to the attached document.

Premier Market of the Nagoya Stock Exchange

Prime Market of the Tokyo Stock Exchange

Securities Code: 6134

Mid-term Business Plan 2026

FY2025 to 2027

May 10, 2024

This document and all of its content is copyright of FUJI CORPORATION. All rights reserved.

Any redistribution or reproduction of part or all of this content without the expressed permission of FUJI CORPORATION is strictly prohibited.

Contents

1. Fuji Materialities and FUJI 2035
2. Review of the Previous Mid-term Business Plan
3. Mid-termBusiness Plan 2026

3-1. Outline

3-2. Business strategies

SMT pick and place machines and semiconductor manufacturing machines 3-3 Management that is conscious of the cost of capital and stock price

Copyright © 2024 by FUJI CORPORATION. All rights reserved.

2

1. Fuji Materialities and FUJI 2035

Copyright © 2023 by FUJI CORPORATION. All rights reserved.

3

Fuji materialities

Identified six social issues that Fuji should address. Set three materialities in light of our business areas.

Global social issues		Business areas related to Fuji

● Industrial efficiency		Robotics
	Medical,	Social
● Shortage of human resources	health care	infrastructure
● Quality stability		Enriching the
		lives of those
		in the world
● Creating a rewarding workplace		around us
Logistics,
	Manufacturing,
	retail	smart factory
● Decarbonization		Community,
● Resource recycling		environment

Fuji materialities

Manufacturing

Contributing to solving social issues through business as a manufacturing company

Life

Expanding access to an enriched society

Future

Contributing to a carbon neutral society

Creating innovative human resources

Copyright © 2024 by FUJI CORPORATION. All rights reserved.

4

Fuji Materialities and related themes

Fuji materialities		Themes / relevant SDGs
Manufacturing		Automation and labor saving
Contributing to solving social issues through		Manufacturing with no waste
	Digital transformation and smartification
business as a manufacturing company
	Global collaboration

Life
Expanding access to an enriched society	Personnel assurance
Last mile problem
	Aging population

Future	Support for decarbonization
	Expanding products that contribute to
Contributing to a carbon neutral society	the environment
Diversity
Creating innovative human resources
Career paths and growth opportunities
	Educational support for the next generation

Copyright © 2024 by FUJI CORPORATION. All rights reserved.

Enabling the realization of enriched lives for people

5

New mid-term business plan in FUJI 2035 scheme

FUJI 2035

Provides innovation to the world as a global company that contributes to manufacturing, lifestyles, and the future.

Mid-term business		300 billion yen
plan 2026		225 billion yen
Groundwork phase	180 billion yen
for further growth		New business
			Existing business
FY2025	FY2027	FY2031	FY2036

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6

2. Review of the Previous Mid-term Business Plan

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7

Review of the previous mid-term business plan (FY2022 to 2024)

• Consolidated results

FY2022

• Record-high sales and operating profit driven by a

strong electronics market and automotive-related

● Net sales / Operating profit (Millions of yen)

Previous mid-term business plan

demand

FY2023

• Updated record-high sales
• Operating profit failed to reach a record high due to the impact of soaring material costs

FY2024

•	Sales greatly declined due to weak global demand
	for capital investment
•	Profit decreased significantly due to the impact of
	higher material costs and lower sales volume. The
	mid-term business plan was not achieved.

136,161

16.1%

21,904

FY2021

148,128

19.2%

28,472

FY2022

153,326

17.7%

27,108

FY2023

127,059

10.6%

13,421

FY2024

160,000

18.8%

30,000

Initial plan

Net sales		Operating profit		Operating profit ratio

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