Mid-Term Business Plan
2012-2014“ 100B AGAIN ! ”

Mid-Term Business Plan

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© 2013 EIZO Corporation. All Rights Reserved.

Table of ContentsIDirection

IIGlobal Network

III Sales Targets
IV Business Plan (by Product & Business Unit)
V R&D
VI Basic Policy on Profit Distribution
Disclaimer Regarding Forward-looking Statements
Any statements in this document, other than those of historical fact, are forward-looking statements about the future
performance of EIZO and its group companies, which are based on management’s assumptions and beliefs in light ofinformation currently available, and involve risks and uncertainties. Actual results might differ materially from theseforecasts.
Notation of fiscal years“14F” appearing in this presentation means “Fiscal year 2014”, that is Fiscal year ended Mar. 31, 2015.
Mid-Term Business Plan2© 2013 EIZO Corporation. All Rights Reserved.

I Direction
1. Expand the scale of monitor business by solid global
network in Japan, Europe, USA and China
2. Build up #1 position in the vertical markets byinnovative R&D and value-added products
3. Cement the position of #1 manufacturer of Amusementmonitors by reinforcing the power of product planningand development● Plan of 14FNet sales: JPY 90 bn.
Operating income ratio: 10%
Aim for net sales of JPY 100 bn.
Mid-Term Business Plan

3© 2013 EIZO Corporation. All Rights Reserved.

II-1 Global Network
More than double overseas sales, making the most of ourglobal network of R&D, sales, procurement, production andlogistics
Overseas sales 11F: JPY 19 bn.→14F Plan: JPY 43 bn.
1. Strengthen the expanding global network of our own sales companies
・ Increase the ratio of overseas sales by group companies(56%→90%)
2. Expand business in China
・ Increase the share in the Chinese medical market (12%→20%)
・ Launch dedicated products for the Chinese medical market to expand
sales
・ Strengthen R&D and procurement in China to increase
competitiveness of products
Mid-Term Business Plan4© 2013 EIZO Corporation. All Rights Reserved.

II-2 Global R&D, Sales and Production
R&D, Sales andproduction companies

USA

Sales companiesJapan

EIZO Inc.

EIZO Corporation
USA

Germany
EIZO GmbHChina

EIZO Technologies GmbHEIZO Display Technologies(Suzhou) Co., Ltd.

SwedenEIZO Nordic AB
Switzerland
EIZO AG

Tech Source, Inc.

Expansion of countries in which EIZO
sells products by itselfSales by EIZO
until 2011

Commencing in 2012
German HQ and branches in
6 countries

after2012
Sales bydistributors

EIZO Europe GmbHUK
EIZO Limited

Mid-Term Business Plan

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II-3 Global Sales
11FJapan

14F Plan

Europe(Billions of Yen)

15.5

24.0

28.0

14.8

North America
Expand sales toindustrial
marketOperations thatutilize new sales
group companies

China
Others1.1

3.0

Expand sales toemerging markets
like India, Middle
East, etc.
Mid-Term Business Plan

0.9

5.0

2.7

7.0

Strengthen sales
activities in video
production
marketIncrease sharein the medicalmarket

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III Net Sales
Net Sales

100.0(Billions of Yen)
100.0

Increase by JPY 10bn. for net sales ofJPY 100 bn.

90.0
9.0

Others20.0

Amusement monitors

45.0

Monitors for computer use(Specific use)

Monitors for computer use(General use)

80.0

60.0

7.9

7.8

65.2
7.4

59.5
22.2

20.8
20.5

40.0

22.3
20.0

70.0

26.4
20.0

14.0

11.5

13.6

16.0

10F

11F

12F Plan

14F Plan

0.0

Mid-Term Business Plan

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© 2013 EIZO Corporation. All Rights Reserved.

IV-1 General LCD Monitors
With our monitor business at the core, expand our business model
Strengthen EIZO brand both in business and consumer markets
Strengthen sales to business market
in Europe through our new groupcompanies
Offer FORIS series of monitors withnew functions & features to theconsumer market
Develop products which movecustomers

Mid-Term Business Plan8© 2013 EIZO Corporation. All Rights Reserved.

IV-2 Medical Market (1/2)
Achieve undisputed #1 position as all-around medical monitor supplier
EIZO products are worldwide #1
Propose and offer new solutions tomedical market
Strengthen products & solutions foroperating rooms and expand sales
・ Large-screen monitors
・ Monitors for endoscopic systems
・ Signal routing solutions

Expand sales to China and otheremerging markets
Mid-Term Business Plan9© 2013 EIZO Corporation. All Rights Reserved.

IV-2 Medical Market (2/2)
Ensure achievement of undisputed #1 position
Expand solutions for the quality controlof monitors via networks and offer
server cost reduction
Offer products for Hybrid Operating
Rooms* and Control Rooms
Strengthen collaboration with global
business partners in China and India*New type of operating room equipped with medical imaging devicesMid-Term Business Plan

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© 2013 EIZO Corporation. All Rights Reserved.

IV-3 Graphic Arts Market
Achieve undisputed #1 position also in the prof. video production market

Enter deeply the professional video production market
Perform sales activities positioning
North America as the most importantmarket
Develop products which satisfy theneeds of professional video
production
Strengthen collaboration with makersof graphics software and video
editing system
Mid-Term Business Plan

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© 2013 EIZO Corporation. All Rights Reserved.

IV-4 Industrial Market (1/2)
Expand the industrial business into another pillar of EIZO
Take advantage of technologies and knowhow which EIZO cultivated as a monitor

Offering DuraVision series ofmonitors to various industrial
uses・ Security & Surveillancemaker・ Factory Automation

Fulfill long-term and stable supply ofproducts as a reliable company

・ Interactive Kiosk
・ Marine Systems
・ Automotive & Railroad

Offer reliability to customers with long-term
warranty
Perform speedy product customization
Accelerate sales and marketing activities inEurope
Mid-Term Business Plan12© 2013 EIZO Corporation. All Rights Reserved.

IV-4 Industrial Market (2/2)
Advance technologies to penetrate into any industrial situations

Ruggedization

Marinesystems

Connection tonetwork

Mid-Term Business Plan

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IV-5 Air Traffic Control (ATC) Market
Offer total visual display solutions for ATC market
Promote industry-first 4K x 2Kmonitors* as a new standard ofprimary control monitors
Offer total visual display solutions for
ATC・ Primary control monitors
・ Auxiliary monitors, monitors for training
・ Graphics boards, video recorders

Strengthen global sales activities
Note: 4096 x 2160 resolution monitor which displays the same amountof information as two conventional primary control monitors
Mid-Term Business Plan

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IV-6 Amusement Monitors
Offer more exciting titles with advanced S/W & H/W technologies
Develop products in collaboration withbusiness partners
Develop H/W with the latest devices
to enable dynamic expression
Reinforce the power of S/Wdevelopment to offer more attractive
titlesShorten S/W development time formore timely product launches
Note: “H/W” means “Hardware”, “S/W” means “Software”.
Mid-Term Business Plan

© SANYO BUSSAN CO.,LTD.

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V R&D (1/4)

Advance our own
technologies

Expand＝ existing markets●Power circuit design●ASIC development●Software development●Mechanism
development●EnvironmentallyFriendly

Mid-Term Business Plan

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V R&D (2/4)

Advance our own
technologies＋Newly-developed
technologies●Power circuit design●Ultra-high resolution●ASIC development●Technology for ultrathin monitors●Software development●Mechanism
development●Tablet-friendly●EnvironmentallyFriendly●Network / Wireless

Mid-Term Business Plan

●3D display technology

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V R&D (3/4)

Fusion of our own advanced
technologies and newly-developed ones

Advance our own
technologies

Newly-developed
technologies●Power circuit design●Ultra-high resolution●ASIC development●Technology for ultrathin monitors●Software development●Mechanismdevelopment●Tablet-friendly●EnvironmentallyFriendly●Network / Wireless

Mid-Term Business Plan

●3D display technology

18© 2013 EIZO Corporation. All Rights Reserved.

V R&D (4/4)

Expand existing markets andcreate new business fields & markets !
Advance our own
technologies

Newly-developed
technologies●Power circuit design●Ultra-high resolution●ASIC development●Technology for ultrathin monitors●Software development●Mechanism
development●Tablet-friendly●EnvironmentallyFriendly●Network / Wireless

Mid-Term Business Plan

●3D display technology

19© 2013 EIZO Corporation. All Rights Reserved.

VI Basic Policy on Profit Distribution
Returning profit to shareholders is a key management
concern for Eizo Nanao Corporation, and we have followed abasic policy of stable dividend payment in line with corporate
growth. We return profit to shareholders on the basis of an
overall consideration of securing retained profit for capital
investments and R&D expenditures required for businessexpansion, financial status and future performance.
Our target shareholder return ratio is 30% to 40% of net
income, and we strive to strengthen our profit base to ensure
we achieve this goal.

Mid-Term Business Plan

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Mid-Term Business Plan

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© 2013 EIZO Corporation. All Rights Reserved.