First Nine Months of FY 3/2021

Financial Results
Briefing Materials
Nurturing and Bringing Out
the Best in People

NISSO CORPORATIONTSE 1 Code: 6569

February 8, 2021

Summary
FY 3/2021 3Q Results●Decreased revenue and profits year-on-year (Operating profit)●Ordinary profit increased●Improved operational adjustments in almost all industries●Automobiles industry-related human resources needs recoverFY 3/2021 Consolidated Earnings Forecast●Domestic and overseas demand recovers, mainly from automobiles manufacturers, andoperations increase●Recovery from the effects of the new coronavirus (COVID-19) becomes clear, and theforecast is revised upward
Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

1CONTENTS

1

First Nine Months of FY 3/2021

Financial Results Summary

2First Nine Months of FY 3/2021

Overview of Activities

3

Future Prospects (FY 3/2021）

4

Topics5

Shareholder Return Policy

6

Supplementary Materials
Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved2１First Nine Months of FY 3/2021 (3Q)

Financial Results Summary

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved3

FY 3/2021 3Q Consolidated Financial Results Highlights（Unit: Million yen）

PointsFY 3/20 3Q• Although revenue and profits decreased,
partly due to a decrease in enrollment,
operating profit increased YoY (767
million yen) in 3Q alone from an increasein operations (number of working days,
overtime hours, holiday work, etc.).
• Ordinary profit increased YoY (including
subsidy income).
• In Other Businesses, revenues increased
due to an increase in the number ofresidents of Building 6. Operating loss
also improved.

Results% of Total

FY 3/21 3Q
Results% of Total

Year-on-Year
Increase(Decrease)% Change

55,718100.0%

50,442100.0%(5,275)(9.5%)

Gross profit

9,515

17.1%

8,433

16.7%

(1,082)(11.4%)

SG&A
expenses

7,619

13.7%

6,754

13.4%

(864)

(11.4%)

Operatingprofit

1,896

3.4%

1,678

3.3%

(217)

(11.5%)

Ordinary
profit

1,940

3.5%

2,005

4.0%

65

3.4%

Profitattributableto owners ofparent

1,307

2.3%

1,284

2.5%

(23)

(1.8%)Net sales

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

4

FY 3/2021 Quarterly Consolidated Financial Results（Unit: Million yen）

（Unit: Million yen）

Net sales
20,000Operating profit

19,24818,814 18,920

1,400

18,435
17,942 17,983

1,165
17,47016,784

16,557
16,414

15,999

1,200

1,039
947

914

1,000

767

800
15,000

650
542

600

400

525

477

372
206

200

10,000

１Q

２Q

３Q

４Q

【FY 3/19】

１Q

２Q

３Q

４Q

【FY 3/20】

1Q

2Q

3Q

【FY 3/21】

0

１Q ２Q ３Q ４Q １Q ２Q ３Q ４Q【FY 3/19】

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved【FY 3/20】

1Q 2Q 3Q
【FY 3/21】

5

FY 3/2021 3Q Non-consolidated Financial Results Highlights（Unit: Million yen）

Net sales

FY 3/20 3Q• Although net sales decreased by 10.2%
due to the impact of decreases inenrollment, the rate of decline decreased
due to an increase in operations (numberof working days, overtime hours, holiday
work, etc.).

Expenses・Profits• Operating profit margin improved withincreased operations (number of working
days, overtime hours, holiday work, etc.).
• Ordinary profit increased YoY, partly due
to the recording of subsidy income in
non-operating income.

Results% of Total

FY 3/21 3Q
Results% of Total

Year-on-Year
Increase(Decrease)% Change

51,433100.0%

46,191100.0%(5,241)(10.2%)

Gross profit

9,040

17.6%

8,028

17.4%

(1,011)(11.2%)

SG&A
expenses

7,125

13.9%

6,309

13.7%

(815)

(11.4%)

Operatingprofit

1,915

3.7%

1,718

3.7%

(196)

(10.3%)

Ordinary
profit

1,917

3.7%

1,962

4.2%

45

2.3%

Profit

1,304

2.5%

1,263

2.7%

(40)

(3.1%)Net sales

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

6

FY 3/2021 Quarterly Non-consolidated Financial Results（Unit: Million yen）

（Unit: Million yen）

Operating profit

Net sales
17,478 17,775
17,38918,0001,400

16,962
16,542 16,566

1,204
1,200

16,036
16,00015,3781,000

15,15315,002

14,590

1,044
958

940
783

800

663

14,000

555

577

600

468
399
400
12,000

204

200

0

10,000１Q ２Q ３Q ４Q １Q ２Q ３Q ４Q【FY 3/19】【FY 3/20】

1Q

2Q

3Q

【FY 3/21】

１Q ２Q ３Q ４Q １Q ２Q ３Q ４Q【FY 3/19】

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved【FY 3/20】

1Q

2Q

3Q

【FY 3/21】

7

2First Nine Months of FY 3/2021 (3Q)

Overview of Activities

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

8

FY 3/2021 3Q Financial Results Summary
Consolidated Financial Results

Net Sales
50,442 Million yen （ -5,275 Million yen／ -9.5％ YoY）
Operating Profit 1,678 Million yen （ -217 Million yen／-11.5％ YoY）
● Net Sales by Industry (YoY)
Automobiles

・In the automobiles-related industry, although net sales decreased by
15.5% YoY, the rate of decrease narrowed. Compared to 2Q, net sales
increased significantly.
・In the electronic devices-related industry, IT demand remained firm, andnet sales were strong.

… (15.5％)

Electronic devices … ＋3.4％● 3Q-end Number of Enrolled Staff
12,692 staff（-2,078 staff from FY 3/20-end ）・Although the number of enrolled staff decreased by 2,078 compared to
FY 3/20-end, it increased by 168 compared to 2Q.

（＋168 staff from 2Q-end）● Net Sales per Capita/Monthly
389 Thousand yen(-6 Thousand yen YoY)

・Operations (number of working days, overtime hours, holiday work, etc.)
increased, and net sales per capita were on a recovery trend. The amountof decrease also improved from 2Q (which was at -20 Thousand yen).

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

9

FY 3/2021 3Q Net Sales by Industry (NISSO, Non-consolidated)（Unit: Million yen）

Net Sales Composition Ratios
Automobiles

Elec. Devices

8,086（15.7％）

Precision・Elec. Machinery(14.4％)（13.4％）(13.5％)

5,951（12.9％）

13,177（25.6％）+3.4％

13,631（29.5％）

23,289（45.0％）

FY 3/20 3Q※（(15.5％)

Other

Due to changes in work-styles such as teleworking,demand did not grow, and net sales decreased by
13.5% YoY.

6,920
（15.0％）

6,878【Precision・Electrical Machinery】【Electronic Devices】
Semiconductors continued to be strong, partly due
to steady IT demand due to 5G and changes inwork-styles, and a recovery in demand related toin-vehicle electronic devices. Net sales increasedby 3.4% YoY.

【Automobiles】

19,686（42.6％）

FY 3/21 3Q）= % of Total net sales, Red = % of Year-on-Year growth

Due to the recovery of domestic and overseas
demand, operations (number of working days,
overtime hours, holiday work, etc.) increased. The
number of auto-body manufacturers who increased
both production and personnel also increased.
Although net sales decreased by 15.5% YoY, it
increased by 12.8% on a quarterly basis compared to
2Q.

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

10

FY 3/2021 Quarterly Net Sales by Industry (NISSO, Non-consolidated)

Automobiles

Elec. Devices

Precision・Elec. Machinery

2,890
2,690

2,607

（17.9％）

2,424（16.6％）（17.5％）

2,404

4,330

2,427

（14.3％）（15.8％）

2,348（14.2％）

2,631（15.9％）

2,371（14.3％）（15.6％）

4,752

4,646

（29.7％）（17.0％）

2,619（28.0％）

4,057

4,198

（25.4％）（Unit: Million yen）

Other

（24.5％）

2,680（15.4％）

2,317（13.3％）

4,633（26.6％）

2,190（12.5％）

4,487（25.7％）（14.4％）

2,182（12.3％）

4,650

6,891

7,375

7,505

7,757

（15.7％）（15.0％）

2,249

2,113

1,895

（12.1％）

4,413（28.3％）

2,383（13.9％）（40.6％）（44.6％）（45.3％）（35.8％）（36.7％）

１Q

2Q

3Q

4Q

１Q

2Q

【FY 3/19】（45.9％）

8,378（47.1％）

5,974（39.4％）3Q

4Q【FY 3/20】

1Q

1,942

（12.6％）（26.2％）

4,680

8,026

2,287

（14.3％）（30.9％）（44.6％）※（（15.9％）

2,563（30.2％）

5,636

5,227

2,774

4,537

（29.4％）

6,443

7,268

（43.0％）（45.3％）2Q

3Q【FY 3/21】）= % of Total net sales

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

11

Net Sales per Capita（NISSO, Non-consolidated）● FY 3/2021 3Q YTD＜Overall net sales per capita＞

389 Thousand yen ( -6 Thousand yen YoY)

＜Skilled staff net sales per capita＞

453 Thousand yen (-28 Thousand yen YoY)

●Although net sales per capita (monthly average conversion) decreased YoY, operations (number of working days, overtime hours, holiday
work, etc.) increased. On a quarterly basis, net sales per capita for both overall and skilled staff increased YoY.
（Unit: Thousand yen）

（Unit: Thousand yen）

Net Sales per Capita

Net Sales per Capita(Monthly Average Conversion)(Quarterly)

481

500

395

Skilled staff

Skilled staff
Overall 453

389

400

400

300

300

200

200

100

100

0

513

478

500

379

383

410

485

484

471
392

391

482
396

397

Overall 490

485

478

419

403

358

451
390

421

0

FY 3/20 3Q

FY 3/21 3Q

１Q

2Q

3Q

【FY 3/19】

4Q

１Q

2Q

3Q

【FY 3/20】

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

4Q

1Q

2Q

3Q

【FY 3/21】

12

Number of Enrolled Staff (NISSO, Non-consolidated)（Unit: # of Staff）

Compared w. 2Q-end

Number of Enrolled Staff at Quarter-end+168 staff (+1.3%)

Point①

15,000Due to new hires and the curbing of enrolled
staff leaving NISSO, the number of enrolled
staff is starting to increase on a quarterly basis.

13,826 14,042
13,546

14,639 14,638
14,282

14,77013,243
12,692
12,524

13,05013,00011,000

Point②9,000

Human resources needs of clients in theautomobiles-related industry increased. The
number of auto-body manufacturers who
increased both production and personnel also
increased. Human resources needs are on arecovery trend in other industries as well.

7,000

5,000

1Q

2Q

3Q

4Q

【FY 3/19】

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

1Q

2Q

3Q

【FY 3/20】

4Q

1Q

2Q

3Q

【FY 3/21】

13

Number of Skilled Staff (NISSO, Non-consolidated)（Unit: # of Staff）

Number of Skilled Staff

Point①
The number of skilled staff is starting toincrease, mainly in Account Companies.
(+88 staff compared to 2Q-end)

6,000

5,000

Point②

4,501

4,803

5,085

5,250 5,387 5,293 5,381

3,904
In addition to the steady performance of thesemiconductor-related industry, the numberof skilled staff increased, mainly in theelectronic devices industry, due to therecovery in demand related to in-vehicle
products.

4,000

3,459
3,000

2,000

2,611
2,034

Point③
1,000

The ratio of skilled staff to NISSO's total
enrolled staff remained at 42.4%, partly due
to the increase in enrolled staff companywide.
(FY 3/2021 2Q: 42.3%)

0

1Q

2Q

3Q

4Q

1Q

【FY 3/19】

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

2Q

3Q【FY 3/20】

4Q

1Q

2Q

3Q

【FY 3/21】

14

Account Companies (NISSO, Non-consolidated)
Point①

Account Company Groups Net Sales

YTD net sales of Account Company Groups
were -2.5% YoY, which was less impacted by
COVID-19 compared to NISSO's net sales.

(Unit: %)（Unit: Million yen）
Net sales (left axis)

12,000Composition ratio (right axis)

47.7

48.0

45.9
10,000

41.9

Point②・ YTD net sales of the automobiles andelectronics Account Company Groups
increased YoY.
・ In 3Q alone, net sales recovered to-0.2% YoY, almost the same level as theprevious FY.

43.7

42.7

44.5

44.2

44.1

7,416 7,366 7,300

8,000

6,107

50.0

47.1

43.3

7,677 7,565

45.0

8,152

7,225

6,564

7,201

7,551 40.0

6,000

35.0

4,000

30.0

2,000

25.0

0

１Q

2Q

3Q

4Q

１Q

【FY 3/19】

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2Q

3Q【FY 3/20】

4Q

1Q

2Q

3Q

20.0

【FY 3/21】

15

Turnover Rates (NISSO, Non-consolidated)(Unit: %)Trend of Turnover rates

FY 3/2021 3Q Results
Overall turnover rate

Skilled staff

Overall4.4％

7(-0.3 pts vs. FY 3/2021 2Q-end)

7

5.9
6

Skilled staff turnover rate

5.5

6

4.9

2.0％

5

4.6

4.7

5.1

5

4.7

4.4

(-0.3 pts vs. FY 3/2021 2Q-end)
4

4

3

Points1.7

2・The overall turnover rate improved by
0.3 points to 4.4%, down from 2Q-end.
・The turnover rate for skilled staff also
improved by 0.3 points to 2.0%, also downfrom 2Q-end.

2.0
1.5

3

2.0

1

0

0
FY 3/17

FY 3/18

FY 3/192.0

21

FY 3/16

2.3

FY 3/20

1Q

2Q

3Q

4Q

【FY 3/21】

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

16

Educational Achievements（NISSO, Non-consolidated）● FY 3/2021 2Q Course-specific educational achievements
Point①(total # of participants)

The overall number of participants decreased
YoY due to continued restrictions on thenumber of participants due to measures toprevent the spread of COVID-19 infections.

Training course
name

Point②
Orders from semiconductor manufacturers
for equipment maintenance personnel werestrong.

Point③The number of employee education
participants has increased due to theenhancement of on-line contents, andincreased YoY.

Skilled staff education(Unit: # of participants)

３Ｑ（Oct - Dec）

Contents

FY 3/20 3Q

258 Standard skilled staff education

589

Basic equipment maintenance82

Accredited vocational training school

38

Basic maintenanceeducation

51 education

Accredited vocational
training education

36 (Miyagi・Nagano Prefectures)

MONOZUKURI (manufacturing)

Manufacturing
education

666 education, pre-assignment training for

1,526

Safety education

688 Danger・risk simulation education

1,258

Employee education

New graduate/mid-career entry/
mid-level employee training,
198 newly appointed chief education,
on-site supervisor education

112

Other education

Total

manufacturing staff, mobile education

Entrusted education from external－ sources

1,897

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

－

3,605
17

Other Businesses Business Revenue
Points●Results of Other Businesses• Operating loss was 21 million yen, an
improvement from 2Q (which was at -39
million yen).
• Although the number of residents in nursing
care facilities Buildings 1~5 decreased, thenumber of residents in Building 6, which
opened in 2018, increased steadily.
• There was no change in the total number ofresidents across all facilities.

FY 3/20 3Q
Results% of Total（Unit: Million yen）

FY 3/21 3Q
Results

Year-on-Year% of Total

2,068

100.0％

2,220

100.0%

152

7.4%

Expenses

2,084

100.8％

2,242

101.0%

158

7.6%

Operatingprofit (loss)(16)(0.8％)(21)(1.0%)－－[Bldg.1-5] (capacity:308)

200

299
97.1%

% Change

Net sales(Unit: # of residents)

Number of facility residents

300

Increase(Decrease)# ofresidents

Occupancy
rate[Bldg.6] (capacity:94)

298

297

298

96.4%

96.8% 96.8%

292
94.8%

80

90%

40%

75

60

20

Dec'19-end Mar'20-end Jun'20-end Sep'20-end Dec'20-end

59

40

100
0

73

77.7%

79.8%

84

89.4%

90
95.7%

90%

62.8%
40%

0

Dec'19-end Mar'20-end Jun'20-end Sep'20-end Dec'20-end

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

18

3

Future Prospects (FY 3/2021)

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19

FY 3/2021 Revision of Full-year Consolidated Forecasts
Based on recent performance trends, NISSO has revised the Full-year Consolidated Forecast for FY 3/2021(April 1, 2020 ~ March 31, 2021). (Announced on January 19, 2021)■FY 3/2021 Full-year Consolidated Forecast (April 1, 2020 ~ March 31, 2021)
Previous Forecast(announced
Nov. 6, 2020)
Forecast

Net sales

% of
Total

Present Revised
Forecast
Forecast

% of
Total

Change from
Previous Forecast
Increase(Decrease)% Change(Unit: Million yen)

FY 3/20
Results
Results

% of
Total

1,000

1.5%

3.5%

600

33.3%

3,061

4.1％

2,750

4.0%

650

31.0%

3,149

4.2％

1,700

2.5%

400

30.8%

2,033

2.7％

67,000 100.0%

68,000 100.0%

Operatingprofit

1,800

2.7%

2,400

Ordinary
profit

2,100

3.1%

Profitattributableto owners ofparent

1,300

1.9%

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

74,966 100.0％

20

4
4

TopicsCopyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

21Capital and Business Alliance with CrossLink Co., Ltd.
NISSO resolved to form a capital and business alliance with CrossLink Co., Ltd., at the Board of Directors' Meeting
held on January 19, 2021.
Purpose of Business Alliance"HR Cross", a web-based human resources management system provided by CrossLink Co., Ltd., which is jointly funded by 8
manufacturing-related human resources companies, enables client companies to communicate with each dispatching company online, and realizes centralized management of all processes from recruitment, contracts, management and evaluation of dispatchedstaff, and billing to client companies.
In the future, this system will be made open, or freely available, in order to encourage its introduction to each manufacturing
dispatching company, while aiming for it to become a de facto standard for electronic transactions in the manufacturing-related
human resources dispatching industry, with the aim for it to become a single point of contact between the dispatching companies
and each client company.

【Company Overview】(1) Company name

CrossLink Co., Ltd.

(2) Location

Shin Yokohama Center Bldg. 2F, 2-5-15 Shin Yokohama, Kohoku-ku, Yokohama, Kanagawa(3) Representative

CEO Ryo Emoto(4) Business description

・Support for construction of in-house job sites and web marketing・Operation of "Cross Learning", an e-learning service dedicated to career enhancement educationand training
・Consulting support for career enhancement education and training(5) Capital

105 Million JPY (incl. capital reserves)(6) Date of establishment

April 8, 2013※For more information, please refer to the "Notice of Capital and Business Alliance with CrossLink Co., Ltd." announced on January 21, 2021.
Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

22

Celebrating NISSO’s 50 th Anniversary
On February 3, 2021, NISSO celebrated the milestone of the 50th Anniversary of our founding. We would like to express
our heartfelt gratitude to all of you for your continued support and kindness.
For All of Tomorrow
In order to move forward into the future with our clients and the working people, it is essential
to be a sustainable functional body. It is our mission to implement thorough health and safety
management in the working environment and to realize Decent Work, or the securing of goodworking conditions for all.
Regardless of what era we are in, we will never forget to return to the origins of our founding
philosophy of "Nurturing and Bringing Out the Best in People". It is not just about education, but
we believe that it is important for people to be aware of their talents and capabilities throughtheir work, that their motivations and values are always linked to their accomplishments, andthat it is important to be able to return the results to society.
We firmly believe that the essence of human resources services and the significance of NISSO's
existence is to guide and direct this scheme to all working people.
We look forward to your continued support and guidance in the future.
Ryuichi Shimizu
Chairman, President, CEO &Representative Director
NISSO CORPORATION

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved

23

5

Shareholder Return Policy

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved24Shareholder Return Policy
Basic Policy

Dividend and Payout Ratio

NISSO considers the redistribution of profits toshareholders and the enhancement of corporate value
as key management issues. In addition, by setting theconsolidated dividend payout ratio of 30% as a generalstandard, NISSO's basic policy is to continue to steadily
redistribute profits to all of our shareholders.

(Unit: Yen)

41.3%

25.0

27.7%

35%

30.0%

15.0

10.0

5.0

30%

25.00
Yen

• Due to the upward revision of the Full-year
Consolidated Forecast, the expected dividend pershare (previous forecast: 11.53 yen) has been revised
to 15.10 yen.
• In addition, a 50th Anniversary Commemorative
Dividend of 5.00 yen will be implemented.
• As a result, the commemorative dividend of 5.00 yen
will be added to the ordinary dividend of 15.10 yen,and the year-end dividend forecast will be 20.10 yen.

40.0%

(Unit: %)
45%

40%

20.0

FY 3/2021 Dividend Forecast

Dividend (left axis)

30.0

20.10
Yen

18.50
Yen

25%
20%
15%

10.50

10%

Yen

5%
0.0

FY 3/2018

FY 3/2019

FY 3/2020

FY 3/2021(Forecast)

0%※NISSO's common stock was split at a ratio of 2 shares for 1 share on May 1, 2019,
and the FY 3/2019 dividend payout shown above is the dividend payout amountafter the stock split.

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved25

6

Supplementary Materials

Copyright ⓒ 2021 NISSO CORPORATION All Rights Reserved26

Consolidated Balance Sheet
Mar. 2020-end
Amount% of Total(Unit: Million yen, ％)Dec. 2020-end
Amount% of Total

Increase(Decrease)

15,622

69.5

14,28467.0(1,338)Cash and deposits

6,365

28.3

6,352

29.8

(12)

Notes and accounts receivable - trade

8,434

37.5

7,094

33.3

(1,339)

6,871

30.5

7,034

33.0

162

4,754

21.1

4,718

22.1

(36)

377

1.7

358

1.7

(18)

1,739

7.7

1,956

9.2

217

22,494100

21,318100(1,175)Current liabilities

9,279

41.3

7,651

35.9

(1,627)

Accrued expenses

4,648

20.7

4,444

20.9

(203)

Income taxes payable

812

3.6

84

0.4

(727)

Provision for bonuses

879

3.9

486

2.3

(392)

Non-current liabilities

1,319

5.9

1,314

6.2

(4)

623

2.8

520

2.4

(103)

Total liabilities

10,598

47.1

8,965

42.1

(1,632)

Shareholders' equity

11,97453.2

12,42958.3

455

Total net assets

11,89552.9

12,352

57.9

456

Total liabilities and net assets

22,494100

21,318100(1,175)Current assets

Non-current assets
Property, plant and equipment
Intangible assets
Investments and other assets
Total assets

Long-term loans payable

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Point①Reduction due to reduced operations
Due to the reduction of operations of
manufacturing-related human resources
services, "notes and accounts receivable(trade)", etc., of current assets and "accrued
expenses", etc., of current liabilities
decreased.
②Investments
Due to equity investment associated withthe business alliance, "investments and otherassets" of non-current assets increased.
③Tax payments
Due to income taxes and other tax
payments, "income taxes payable", etc., ofcurrent liabilities decreased.
④Bonus payments
Due to bonus payments, "provision forbonuses" of current liabilities decreased.
⑤Overall
As a result of the above, total assets
decreased by 5.2%, total liabilities decreased
by 15.4%, total net assets increased by 3.8%,
and equity ratio increased by 5.1% to 57.9%
compared to the end of the previous fiscal
year.

27

Nurturing and Bringing Out
the Best in People

The forward-looking statements and performance forecasts contained in this document are forecasts
determined by NISSO based on information available at the time of preparation, and include potential
risks and uncertainties. Therefore, please be aware that the actual results may differ greatly from theforward-looking statements described due to changes in various factors.

For future IR-related inquiries

PR・IR Division, Corporate Planning Department, NISSO CORPORATION
TEL

045-777-7630

E-mailir@nisso.co.jp

URL

https://www.nisso.co.jp/