News Release

May 9, 2022

Lintec Announces the change of Management Targets of Medium-term Business Plan LSV 2030 – Stage 1

Lintec announces that it has changed its management targets towards the fiscal year ending March 31, 2024, the final year of the Medium-term Business Plan LSV 2030 - Stage 1.

1. Reasons for the change

Because the consolidated business results for the fiscal year ended March 31, 2022 achieved the management targets for the final year of the Medium-term Business Plan LSV 2030 - Stage 1 ahead of schedule.

2. Details of the change

Management targets for the fiscal year ending March 31, 2024 (final year)

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Before After
Net Sales 255 billion yen 300 billion yen
Operating Income 21 billion yen 24 billion yen
Profit Attributable to Owners of Parent 14 billion yen 17 billion yen
Operating Profit Margin 8% or more 8% or more
ROE (Return on Equity) 7% or more 8% or more

The contents of the News Release are as of the announcement date. Please note that they may differ from the latest information.