To all shareholders, thank you very much for your ongoing support for GSI Creos. We completed business operations for Fiscal 2024 , and   we would like to provide you with a report on our financial situation.

 

Guided by our Purpose, “As a ‘Business Producer’ seeking quality of life for the next generation, we realize the happiness of all the people,” our Group is working to achieve the two key goals in our Mid-Term Management Plan (Fiscal 2024   is the final year): “reaching new record-high net profit” and “boosting confidence within capital markets.”

As a result, even though there was a recording of expenses accompanying the restructuring of our business portfolio, there was growth in transactions related to functional yarns and fabrics for innerwear and paint raw materials for overseas, and so on, as well as the contribution of extraordinary income resulting from negative goodwill accompanying acquisition of the triacetate fiber business. Due to factors such as these, we recorded a record high net profit, and also reached a new record high in sales. Furthermore, since the time of the restructuring of the Tokyo Stock Exchange, we have steadily maintained listing on the Prime Market, and we have succeeded in achieving the various targets set forth in our Mid-Term Management Plan.

 

In Fiscal 2025,  we shall steadily implement the measures set forth in the new Mid-Term Management Plan that we will be working on, “GSI CONNECT Phase 2,” and we shall aim to further boost our corporate value in order to serve as an “unparalleled business-creating trading company that continues to create and innovate.”

 

As such, we would like to ask all of you, our shareholders, for your continued support and encouragement in the future.

President and CEO

Tadaaki  Yoshinaga