Financial Results for First Half of
Fiscal Year Ending March 31, 2021
November 13, 2020

1

Contents

１．First-Half Results for Fiscal Year Ending
March 2021
２．Full-Year Forecast for Year Ending March
2021
３．Topics
４．Company Overview
2

Contents

１．First-Half Results for Fiscal Year Ending
March 2021
２．Full-Year Forecast for Year Ending March
2021
３．Topics
４．Company Overview
3

First-Half Results: Effects of Novel Coronavirus Infection
Electronics
Industry

・Solid performance due to increased demand for semiconductors, driven byfactors including the expansion of teleworking.
・In Taiwan, large-scale investment in cutting-edge semiconductors continued
to be strong.

GeneralIndustry・Affected by suppressed capital investment. There was a rebound due to alarge-scale project in the preceding fiscal year, but orders decreased
significantly year on year.

Power andWater Supply

・Minor delays in large-scale maintenance work, but no major impact.

Performance
Products
Business

・Sales declined to the automotive and restaurant industries and to medical
institutions related to general medical practice and examinations, which weresignificantly impacted by the novel coronavirus.
・Sales were strong of water treatment chemicals for the electronics industry
and Orplus slightly acidic electrolyzed water for filters and disinfection.

4

Overview of First-Half Results
Orders: Water treatment engineering orders increased in the electronics industry, mainly in Taiwan.

Sales: Performance Product sales were impacted by the novel coronavirus. Sales in water treatment
engineering were steady, centered around the electronics industry.
Operating income: Declined from the previous year, when there was a concentration of profitableprojects in water treatment engineering, but the target was achieved.

(Millions of JPY)

Sales

Orders42,1609,10844,0509,101

46,67541,00045,322

Operating Income
5,444

45,000

655
9,323

8,920

9,500

9,500

3,182
545

33,052

34,94837,351
31,50036,402

4,788

2,000

35,500

500
2,636
1,500

03/2020

03/2021

03/2021

03/2020

03/2021

03/20212

03/2020

03/2021

03/2021

ActualActualPlan

ActualActualPlan

ActualActualPlan■ Water Treatment Engineering■ Performance Products
5

Results for Year Ending March 2021
(Millions of JPY)

September
2019 Actual

September 2020
ActualInitial Plan

Year-on-Year

Actual-toForecast

Orders42,16044,05041,000

1,890

3,050

Sales

46,67545,32245,000-1,353322

Gross profit margin

13,792

11,35911,000-2,433

359

（%）

29.5%

25.1%

24.4%

-4.5pt

0.6pt

SG&A1

8,348

8,176

9,000

-171

-823

Operating income
ratio

5,444

3,182

2,000

-2,261

1,182

（%）

11.7%

7.0%

4.4%

-4.6pt2.6pt

Ordinary income

5,317

3,276

1,950

-2,0401,326

Profit attributable toowners of the parent
company

3,640

2,080

1,200

-1,559880
6

First-Half Results: Orders by Region
First-half orders increased overseas, mainly in Taiwan and China.
Domestic: The novel coronavirus led to declines in general industry and Performance Productorders, but electronics industry orders were steady.
Overseas: Despite a slowdown in Southeast Asia, electronics industry orders grew in Taiwan and
China.
Orders Overseas
by region

Orders(Domestic/Overseas)
42,16044,0506,353

12,72012,72041,0001,716
12,50031,33012,500
3,000

2,870
3,000

6,353
35,807(Millions of JPY)

2,305
28,500

8,134

1,013

6,500

3,035
Sep-19ActualDomestic

Sep-20
ActualOverseasSep-20Plan

Sep-19ActualTaiwanSep-20
ActualChina

Sep-20Plan

SE Asia/Other7

First-Half Results: Sales by Region
The first-half domestic sales slowdown was offset by significant growth in Taiwan.
Domestic: in addition to the electronics sector, where large-scale projects were recorded in theprevious year, general industry and Performance Product sales decelerated due to the effects of
the novel coronavirus.
Overseas: Taiwan's electronics industry expanded.
Sales(Domestic/Overseas)
46,675
10,421

Sales Overseas
by region

45,32245,00012,413

10,000(Millions of JPY)

12,413
10,421
3,076

1,664

10,000

2,251

1,500
2,000

2,421
36,25432,90935,000

8,496
4,923

Sep-19ActualDomestic

Sep-20
ActualOverseasSep-20Plan

Sep-19ActualTaiwan China

Sep-20
ActualSE Asia/Other

6,500

Sep-20Plan

8First-Half Results: Water Treatment Engineering Sales
Essentially achieved sales target due to electronics industry growth.
Plant: Declined from the preceding year, which featured many large-scale projects.
Service Solutions: Sales increased steadily. Performance was strong in Taiwan's electronics industry.
General industry sales slowed down due to the novel coronavirus impacting investment.
Electric Power/Water Supply and Sewage: Sales declined due to the absence of large-scale projects.
(Millions of JPY)
Sales by Customer

Sales by Segment
40,00 037,351

36,40235,50035,00 037,351

36,40235,500

4,064

3,496

4,000

11,012

10,65522,27522,251

20,500

Sep-19Actual

Sep-20
Actual

Sep-20Plan

30,00 019,397

17,32417,30017,954

19,07818,200

Sep-19Actual

Sep-20
Actual

Sep-20Plan

25,00 011,00020,00 015,00 010,00 05,0000Service Solutions

Plant

Electric Power/Water Supply and Sewage
General Industry
Electronics Industry9First-Half Results: Performance Product Sales
Sales declined in all divisions due to the impact of the novel coronavirus.
Orplus, a slightly acidic electrolyzed functional water which is also effective in sterilization,
performed well. However, the impact of the novel coronavirus on the automobile and food service
industries, general medical treatment and medical examinations was significant.
A decline in market sales resulted in stagnation in all fields.
Sales by Segment(Millions of JPY)

9,500

9,323

8,920

2,592

2,491

2,800

3,096

2,872

3,000

3,634

3,557

3,700

Sep-19Actual

Sep-20
Actual

Sep-20Plan

Water Treatment Chemicals

Standard Equipment/Filters

Food Products

10

Contents

１．First-Half Results for Fiscal Year Ending
March 2021
２．Full-Year Forecast for Year Ending March
2021
３．Topics
４．Company Overview
11Assumptions for Full-Year Forecast (03/2021)
・Steady demand for semiconductors.
・Positive signs such as the full-fledged introduction of 5G
communications.

Electronics
Industry・Uncertainty about the future due to semiconductor-related
friction between China and the U.S.
・Impact on domestic and Taiwanese customers as well as
those in China.
・Concern over the impact of suppressing or postponing
investment plans.
⇒At this time, there is no movement toward significantly
delaying or cancelling planned projects. Project construction
for orders already received domestically and abroad isprogressing steadily.

12

Assumptions for Full-Year Forecast (03/2021)
GeneralIndustry・Restraint regarding investment is seen continuing inJapan and overseas.

Power andWater Supply

・These fields are not expected to be affected. Performance
should resemble that of the preceding year.

Performance
Products
Business

・The decline in sales is expected to continue in the fields
most significantly affected by the novel coronavirus, such as
the automotive, restaurant, general medical treatment, andhealth screening fields.

13

Overview of Full-Year Forecast
Orders: Water treatment engineering orders are forecast to increase due to expansion in theelectronics industry. It is expected that targets will be achieved.
Sales: Expected to reach 100 billion yen for the first time due to expansion in water treatment
engineering, despite a decline in Performance Product sales.
Operating income: Anticipated to be in line with target, and similar to that of the preceding year,
when an all-time high was achieved.
104,986
18,51086,475Mar-20100,000

100,000

18,40019,00081,600Mar-21

Operating Profit

Sales

Orders81,000Mar-21 Plan

96,515
18,59377,921

Mar-20

Forecast■ Water Treatment Engineering ■ Performance Products

100,000

100,000

18,40019,00081,600(Millions of JPY)

9,908

81,000Mar-21

Mar-21

Forecast

Plan

986

7,200

7,200

1,000

1,000

6,200

6,200

Mar-21

Mar-21

Forecast

Plan

8,921

Mar-2014

FY ending 03/2020 Plan
(Millions of JPY)

September2020 Actual

September 2021
ActualInitial Plan

Year-on-Year

Actual-toForecast

Orders104,986

100,000

100,000-4,986

0

Sales

96,515100,000

100,000

3,484

0Gross profit margin

27,28225,60025,600-1,682

0

（%）

28.3%

25.6%

25.6%

-2.7pt

0.0pt

SG&A1

17,374

18,40018,4001,025

0Operating income ratio

9,908

7,200

7,200

-2,708

0

（%）

10.3%

7.2%

7.2%

-3.1pt0.0pt

Ordinary income

9,929

7,100

7,100

-2,8290Profit attributable toowners of the parent
company

7,162

4,700

4,700

-2,4620

1: SG&A = Selling, General, and Administrative expenses

15

Full-Year Forecast: Orders
Performance will be strong in the electronics industry in Taiwan and elsewhere
overseas.
In addition to investment in cutting-edge semiconductors in Taiwan, investment in semiconductors in China will
recover.

A decline in orders is forecast in general industry, especially in Japan.
In addition to suppressed investment due to the novel coronavirus, there will be a significant year-on-year
decrease, when there were many large-scale projects.

Orders Through 03/2021 vsPreceding Year/Target-191
Electronics-4,026

Electronics-659

104,986

Performance
Products

General Industry
Electric Power/
Water Supply
and Sewage

Mar-20(Millions of JPY)

+2,000

Performance
Products

General Industry-110-1,400100,000±0Electric Power/
Water Supply
and Sewage-600

100,000

Mar-21

Mar-21

Forecast

Plan

16Full-Year Forecast: Sales
In addition to the increase in domestic sales, the electronics industry will grow in Taiwan
and other overseas markets.
Sales of large-scale projects in Japan will begin in earnest in the second half, and sales in Taiwan will grow dueto an increase in orders.

General industry sales are expected to decline, mainly in Japan.
Service Solution sales will be strong, but suppressed capital investment will lead to a decline in Plant sales.

Sales Through 03/2021 vsPreceding Year/Target-1,548General Industry -287

＋5,514(Millions of JPY)

Electronics
Performance
Products+1,500-193+500

Performance
Products-1,400 Electric Power/

Electric Power/
Water Supply
and Sewage-600

Water Supply
and Sewage
General Industry

100,000

100,000

Mar-21

Mar-21

Forecast

Plan

Electronics

96,515Mar-2017

Full-Year Forecast: Carry-over Backorder Trends
Backorders, the foundation of sales, remain high.
In addition to the novel coronavirus, there are concerns about the impact of semiconductorrelated friction between the U.S. and China. Meanwhile, backorders, the basis for future sales,remain high.
If order targets are achieved, the same level of sales can be expected in the next fiscal year.
Orders(1st half vs. 2nd half)

Orders Trends
103,838
88,049104,986

92,273100,000

96,515100,000
100,000

100,000

67,83755,95067,837

67,837

67,83759,36046,67542,160Mar-19Sales

49,84045,322

54,67855,00045,00059,00048,377

Orders

67,837

63,83754,397

79,226

Mar-1867,83766,546(Millions of JPY)

Mar-20Mar-21
Forecast

BacklogMar-21
Plan

62,82644,05041,000

1st Half 2nd Half 1st Half 2nd Half 1st Half 2nd Half
Mar-20Mar-21
Mar-21
Forecast
Plan
OrdersSales
Backlog18

Full-Year Forecast: Orders by Region
Order targets are expected to be achieved in Japan, despite the slowdown in the domestic market,
thanks to strong performance in Taiwan.
Domestic: Suppressed capital investment and U.S.-China semiconductor-related friction is expected tolead to a slowdown.
Overseas: Southeast Asia was sluggish, but sales in Taiwan grew substantially. China also recovered fromthe previous year. While orders in Southeast Asia will generally be sluggish, substantial growth is expected
in Taiwan. Orders in China are forecast to recover against the preceding year.
Orders Overseas
by Region

Orders(Domestic/Overseas)
120 ,0 00

50%

103,838
100 ,0 00

88,04929,83180,00 0104,986

100,000

22,593100,000

29,831

28,50024,0007,473

19,697
22.3%

28.7%

21.5%

24.0%
28.5%

19,697
4,631

6,920

68,35274,007

82,39371,50076,00022,593
4,392

7,859
10%

20,00 03,500

24,000

5,000

4,000
6,500

3,122

20%

40,00 028,50040%

30%

60,00 0(Millions of JPY)

20,00015,43815,079Mar-19Mar-2013,500

7,207
0

0%

Mar-18Mar-19Domestic

Mar-20OverseasMar-21

Mar-21

Forecast

Plan

Overseas Ratio

Mar-18

TaiwanChina

Mar-21

Mar-21

Forecast

Plan

SE Asia/Other

19

Full-Year Forecast: Sales by Region
Sales are expected to decline domestically while growing overseas, especially in
Taiwan.
Domestic sales are expected to decline due to suppressed investment caused by the novel coronavirus.

Overseas, sales are forecast to increase, mainly in Taiwan, where investment in semiconductor-related
fields is brisk.
Sales Overseas
by Region

Sales(Domestic/Overseas)
120 ,0 00

50%

92,273

100 ,0 00

96,515100,000

100,000

79,22624,12580,00 021,522

16,99425,500
25.5%

22.3%

60,00 024,00021,522
30%

24.0%

26.1%
20%

21.5%
62,231

68,14874,99274,50025,50024,12540%

40,00 0(Millions of JPY)

76,00016,994
5,078

4,000
5,000

6,163
5,598

5,000
5,500

7,667

4,421

5,182

16,50010%

20,00 06,732
024,000

10,294

11,502Mar-19Mar-2013,5000%Mar-18Mar-19Domestic

Mar-20OverseasMar-21

Forecast

Mar-21
Plan

Overseas Ratio

Mar-18

TaiwanChina

Mar-21

Forecast

Mar-21Plan

SE Asia/Other

20

Full-Year Forecast: Water Treatment Engineering
Sales growth in the electronics sector is expected to increase year on year andexceed initial targets.
Plant sales are forecast to be in line with targets due to growth in the electronics industry, despitea decline in general industry sales.
(Millions of JPY)
Service Solution sales are expected to be solid in all areas and exceed initial targets.
Sales by Segment

90,00 073,84380,00 077,92181,60081,000100%90%61,48480%

70,00 061,48460,00 028,39937,35236,54639,50039,50070%

11,28860%

23,49850,00 050%

40,00 0

53.8%

49.4%

Sales by Customer
81,60077,92173,843
11,00011,287
10,117
23,10024,64824,702

53.1%

51.6%

51.2%

40%

52.8%

53.9%

39,024

41,986

Mar-19Mar-2081,00010,50024,500

58.2%

56.8%

47,50046,000Mar-21

Mar-21

Forecast

Plan

43.4%

30,00 030%

20,00 033,08636,491

41,375

42,10041,50020%

26,69810,00 010%

00%Mar-18Mar-19Mar-20Mar-21

Mar-21

Forecast

Plan

Mar-18

Electric Power/Water Supply and Sewage

Service Solutions

Plant

Service Solutions Ratio

General Industry
Electronics Industry

Electronics Industry Ratio

21

Full-Year Forecast: Electronics Industry Orders
Orders are expected to be close to the level of the preceding fiscal year.
In Japan, large-scale orders are planned for the second half of the year, but there are concernsthat capital investment will be postponed.
Overseas, investment in Taiwan will surpass expectations and orders are forecast to exceed theinitial target.
(Millions of JPY)
Electronics Industry Orders(1st half vs. 2nd half)Electronics Industry Orders
60,00 040,00 034,636

48,81535,00 048,191

48,00050,00 026,12830,00 025,00 013,682

22,68740,00 019,557

10,30320,00 028,50028,443

14,278 17,500

10,00034,28023,721

18,16446,00025,00020,00023,00026,000Mar-21

Mar-21

30,00 015,00 014,617

13,555

13,418

10,722
15,8255,000

10,0004,482 20,954

10,00 09,269

18,50014,165
9,073

8,835

20,00 010,00 07,500

25,094

19,66330,027

0

1st
Half

2nd
Half

FY 2019

Domestic

1st
Half

2nd
Half

FY 2020

Overseas

1st
Half

2nd
Half

FY 2021

Actual/Forecast

1st
Half

2nd
Half

FY 20210

Mar-18Mar-19Mar-20Plan

Domestic

Forecast

Plan

Overseas

22Full-Year Forecast: Electronics Industry Sales
Sales are expected to increase compared to the preceding year and surpass
initial targets due to strong performance in Taiwan.
Domestically, sales of large-scale projects for which orders were received in the preceding fiscal
year will begin in earnest in the second half. Overseas sales are expected to exceed initial targets
and reach a record high, thanks to the success of large-scale orders in Taiwan.
(Millions of JPY)

Electronics Industry Sales(1st half vs. 2nd half)Electronics Industry Sales

30,00 025,50025,24947,50046,00021,50020,00025,13226,00026,000Mar-20Mar-21

Mar-21

Forecast

Plan

50,00 022,033 22,275

25,00 022,251

20,50019,711
20,00 016,991
11,71915,00 012,00035,00 08,705

10,877

8,000

6,881

30,00 020,00 014,126
10,110 10,314

16,854

26,69818,60025,00 010,00 05,000

39,02440,00 010,6238,149

45,00 041,986

11,006 11,374

14,626

11,67815,00 012,500 13,500

5,000

0

20,42410,00 015,020

0

1st
2nd
Half
Half
FY 2019

Domestic

1st
2nd
Half
Half
FY 2020

Overseas

1st
2nd
Half
Half
FY 2021
Actual/Forecast

1st
2nd
Half
Half
FY 2021Plan

Mar-18Mar-19Domestic

Overseas

23

Full-Year Forecast: Sales by Segment/Customer
Performance Products
Sales are expected to fall short of initial targets. The aim is to maintain the samelevel as the preceding year.
Trends in recovery from the novel coronavirus differ by field. The aim is to achieve the same level
as in the preceding year by focusing on fields where recovery is expected, such as water
treatment chemicals for the electronics industry.
(Millions of JPY)

Sales by Segment

17,741

18,43018,593

18,40019,000

5,405

5,335

5,148

5,200

5,300

5,853

6,161

6,250

6,100

6,400

6,483

6,934

7,195

7,100

7,300

Mar-18Mar-19Mar-20Mar-21

Mar-21

Food ProductsStandard Equipment/Filters

Forecast

Plan

Water Treatment Chemicals

24

Key Indicators
FY ended
03/2020

March 2021
Forecast

March 2021
Plan

965

(※) 1,400

1,400

2,178

2,350

2,350

1,189

1,200

1,200

9,740

17,00020,000No. of employees

2,249

2,275

2,275

Annual dividend

104

104

104

12.4

7.5

7.5

Capital expenditures(million yen)

R&D expenses(million yen)

Depreciation(million yen)Interest-bearing debt
(million yen)

(yen)

ROE
(％)

(※) Does not include the investment in the development center described on page 28.

25

Changes in Dividends■ Scheduled to pay dividends in year ending March 2021 as originally planned.
■ While maintaining our basic policy of delivering stable, continuous dividends,
we will work to distribute profits in accordance with our earnings situation.
(Unit: JPY)
Commemorative dividend
Dividend( ) Consolidated dividend payout ratio

45(20.8%)
Mar-16

5
50

104

104

(16.6%)(25.3%)

Mar-20Mar-21 Plan

73

53

(23.2%)(21.9%)

Mar-17Mar-18(18.8%)

Mar-1926

Contents

１．First-Half Results for Fiscal Year Ending
March 2021
２．Full-Year Forecast for Year Ending March
2021
３．Topics
４．Company Overview
27Topics
New Laboratory Buildings to be Added to R&D Center■Construction of two new laboratory buildings
at the R&D Center for research and developmentof next-generation ultrapure water systems.
Separation and purification technologies forsolvents and chemical solutions for theelectronics industry will also be developed here.
【Image of new laboratory buildings】■The objective is to further strengthen and accelerate electronics industry
expansion and creation of new businesses as set forth in the medium-term
management plan.
■Total investment is planned to be approximately ¥3 billion, with operations
scheduled for launch in April 2022.
28

Topics
Accelerating Digital Transformation (DX)■Expansion of DX investment in "offensive" and "defensive" operations
Accelerate the digitization of management, engineering, and Service Solutions by establishing asystem to promote digitalization
Invest offensively and defensively to create new added value

Management
・Customer data
・Personnel data
・Financial data
・Global collaboration

Engineering

・Plant design optimization
・New construction method development
・Construction safety management
・Cost reduction

Service Solutions
・Remote management/automatic operation
・Fault detection
・Maintenance optimization
・Energy saving/CO2 reduction proposal

Accelerate initiatives through digital investment

29

Topics
Accelerating Digital Transformation (DX)
■Defensive DX

Defensive DX・Develop infrastructure for offices and construction
sites
・Promote new workstyle by going paperless andintroducing information sharing tools・Integrate financial, HR, marketing, sales, engineeringand technical data

Offensive DX
Creation of new
added value■Offensive DX
・Promote use of ICT in engineering
・Establish a data center to collect, analyze, and utilize
facility operation and other data
・Establish a global engineering system

Improved engineering capacity,
profitability
Deployment of new proposalbased solution services

30

Topics
Focus on Orplus as Coronavirus Countermeasure■ Slightly Acidic Electrolyzed Water is Effective inFighting Infectious Diseases
Slightly acidic electrolyzed water Orplus is effective
against viruses for which alcohol is ineffective.
It is also approved as a food additive and has been used in foodfactories to eliminate bacteria, molds, and viruses in foods. With
the spread of novel coronavirus infection, Orplus is attracting
attention as a non-alcoholic disinfectant for a wide range ofapplications.

【Slightly acidic electrolyzed
water Orplus】*Japan’s National Institute of Technology and
Evaluation (NITE) has confirmed the effectiveness ofnovel coronavirus disinfection of using hypochlorousacid water with an effective chlorine concentration of 35
ppm or higher.
【Slightly acidic electrolyte water production system】

31

Contents

１．First-Half Results for Fiscal Year Ending
March 2021
２．Full-Year Forecast for Year Ending March
2021
３．Topics
４．Company Overview
32Company Overview
Corporate nameORGANO CORPORATIONHead office

1-2-8 Shinsuna, Koto-ku, Tokyo 136-8631

EstablishedMay 1, 1946

Representative

Masaki Uchikura, President

Capitalization¥8,225,499,312

No. of employees

2,296(consolidated) as of September 30, 2020
Water treatment
engineering

Main areas ofbusiness
Performance products

Main offices

Plant
Servicesolutions

Manufacturing and sales of large-scale water treatment facilities
Facility maintenance, operational support services,
renovation and reconditioning, etc.
Manufacturing and sales of standard water treatment
equipment,water treatment chemicals, food processing agents

Head Office (Koto-ku, Tokyo), R&D Center (Sagamihara), Tsukuba Factory (Tsukuba),
Iwaki Factory (Iwaki), Hokkaido Branch Sales Office (Sapporo), Tohoku Branch Sales Office (Sendai),
Kanto Branch Sales Office (Koto-ku, Tokyo), Chubu Branch Sales Office (Nagoya),
Kansai Branch Sales Office (Suita), Chugoku Branch Sales Office (Hiroshima),
Kyushu Branch Sales Office (Fukuoka)

33

Organo Subsidiaries and Affiliates

Organo (Vietnam)
Organo(Thailand)
Organo (Asia)

Murugappa Organo
Water Solutions
Organo (Singapore)

OrganoOrgano Plant Service
Organo Eco Tech
Organo Food Tech
Organo Acty
HOSTEC
Tohoku Denki Tekko *Organo (Suzhou)
Organo Technology

PT Lautan Organo Water* Indicates subsidiaries accounted for using the equity method;underline indicates non-consolidated subsidiaries or affiliated companies

34

Organo Group History
Development

Evolution

Growth● Sales trends

Expansion

2000’s■ Overseas development
1990’s■ Ultrapure water facilities ■ Strengthening of service solutions
for electronics industry

1980’s■ Water treatment
facilities for power plants
1970’s■ Water supply andsewage facility■ Refinement facility forsugar solution, other■India(2015)2005■ Comprehensive service
solutions begin in earnest

1960’s■ Large-scale purewater equipment for
general industry■Vietnam(2010)■Taiwan(2005)

Founded 1946
■ Athermal water
distillation equipment

1960■Indonesia(2011)■Thailand (1989)■China(2003)■Malaysia (1986)
1970

1980

1990

2000

2010

35

Organo Group Businesses
Water Treatment Engineering
Service Solutions¥41.3 billion

Performance Products
Food
Processing Agents¥5.1 billion

Plant¥36.5 billion

Year Ended
March 2020
¥77.9 billion

Year Ended
March 2020
¥18.5 billion■ Pure and ultrapure
water equipment■ Water purification filters■ Food processing
agents■ Pure and ultrapure water facilities■ Wastewater treatment and recovery ■ Food ingredients■ Replacement ofexpendable items and maintenance■ Operational support services andcomprehensive maintenance■ Renovation and reconditioning■ Contract water treatment

Electronics

Standard Equipment/Filters¥6.2 billion

facilities■ Valuable material recovery facilities■ Production processing-related
facilities

Electric Power/Water
Supply andGeneral Industry

Water Treatment Chemicals¥7.1 billion■ Treatment chemicals for wastewater, coolingwater, cleaning and RO membranes, boilers

Equipment/Filters

Water Treatment
Chemicals

・Pharmaceuticals,
research・Various manufacturingindustries
・Food and beverage,
convenience stores

・Various manufacturingindustries
・Buildings andcommercial facilities

Sewage・Semiconductors
・FPD・Electronic parts

・Power plants
・Water purification
plants・Sewage treatment
plants・Pharmaceuticals,
cosmetics
・Food and beverage・Machinery andchemicals

Food Processing
Agents・Food processing
・Beverage
manufacturing
・Nursing care andhealth food36

Contact
Organo Corporation Corporate Planning Dept.
TEL: 03-5635-5111
FAX: 03-3699-7240
https://www.organo.co.jp/english
https://www.organo.co.jp/english/contact/input/

DISCLAIMER
This document includes forecasts of future developments made by management
based on their assumptions, forecasts and plans at the time of writing. Actual
performance may differ materially from the above projections due to a variety offactors.

37