Financial Results for the Fiscal Year
Ended March, 2018

5/10/2018
F-TECH Inc.
TSE 1st Section ：7212
http://www.ftech.co.jp
Copyright(c) 2018 F-TECH INC. All Right Reserved1Table of Contents

1. Financial Results
Overview
2. Earnings Forecast
3. Business Strategy
4. Topics

Yuichi Fukuda
President & CEO
Copyright(c) 2018 F-TECH INC. All Right Reserved

2

Table of Contents

1. Financial Results
Overview
2. Earnings Forecast
3. Business Strategy
4. Topics

Yuichi Fukuda
President & CEO
Copyright(c) 2018 F-TECH INC. All Right Reserved3Consolidated Financial Results Overview (Year on Year)(Unit ：M Yen)FY Ended Mar 2017 Actual

FY Ended Mar 2018 Actual

Difference

197,941100.0%

226,060

100.0%

Operating Income

8,035

4.1%

6,856

3.0%

▲1,179 ▲14.7%

Income before tax

7,214

3.6%

5,924

2.6%

▲1,289 ▲17.9%

Profit Attributable toowners of parent

4,035

2.0%

4,708

2.1%

673

16.7%

Earnings per share(Yen)

261.01-262.98

―1.97

0.8%

Sales

Foreign Exchange Impact

Converted bond 1,650 million yen

28,11814.2%

Bond balances were fully converted at Sep. 12 2017FY Ended Mar 2017

FY Ended Mar 2018

Difference

1US$

108.71 yen

110.71yen

2.00yen

1CAN$

82.60 yen

86.41yen

3.81yen

1Yuan(RMB)

16.41 yen

16.63yen

0.22yenContinuously increased in sales and income.
(Sales increased but profit decreased mainly because production of high-margin products
ended in Canada and productivity in the US declined. )Copyright(c) 2018 F-TECH INC. All Right Reserved4

Consolidated Sales (Year on Year)(Unit ：M Yen)
Consolidated Sales by Segment

Share of Sales (%)
Japan, 12.8%

Japan, 28,795

200,000

Japan, 12.7%(Japan)▲0.1%
Decrease

N. America,
57.5%(NorthAmerica)▲ 3.3%
Decrease(Asia)
3.4%
Increase

Japan, 25,229

N.America
120,433

100,000

N. America
60.8%

N. America
129,904

Asia, 52,279

Asia, 67,360

Asia 26.4%

Asia, 29.8%

FY Mar 2017 Actual

FY Mar 2018 Actual

FY Mar 2017 Actual

FY Mar 2018 Actual

0Changes in Consolidated SalesFY Mar2017

FY Mar2018

Difference

Difference(%)

FX Impact

Net
Difference

Difference
(%)

Japan

25,22928,795

3,566

14.1%

－3,566

14.1%

N. America

120,433

129,904

9,471

7.9%

4,349

5,121

4.3%

Asia

52,27967,36015,081

28.8%

1,693

13,387

25.6%

Consolidated

197,941

226,060

28,118

14.2%

6,043

22,075

11.2%

Overseas segments contributed to 87.3% of consolidated sales.
Sales increased in all segments, Asian growth is mainly from China and Thailand .
Copyright(c) 2018 F-TECH INC. All Right Reserved

5Operating Income by Segment (Year on Year)(Unit ：M Yen)

Operating Income

Japan
N. America

FY Mar2017
ActualFY Mar2018
Actual958

Share

Difference

Difference(%)

FY Mar2017
ActualFY Mar2018
ActualDifference(%)

1,744786

82.0%11.9%

25.4%

13.5%

2,928 ▲1,878▲4,806▲164.2%36.4%▲27.4%▲63.8%

Asia

3,868

6,684

2,815

72.8%

48.1%

97.5%

49.3%

Total

7,754

6,549

▲1,204▲15.5%

96.5%

95.5%

▲1.0%

Adjustment

281

306

25

8.9%

3.5%

4.5%

1.0%

Consolidation

8,035

6,856

▲1,179▲14.7%

100.0%

100.0%-Copyright(c) 2018 F-TECH INC. All Right Reserved

6Changing Factors in Operating Income（Unit ：M Yen）

Japan

8,035
Sales
increase
508

N. America

Other278

Increase

Asia

Salesdecrease▲ 285
Other▲4,497

Decrease

Forex
Consolidated
ImpactAdjustment
13325

Salesincrease
2,369

6,856

Other289

FY 2017
OperatingProfit Actual

FY 2018
OperatingProfit Actual
Copyright(c) 2018 F-TECH INC. All Right Reserved

7

Table of Contents

1. Financial Results
Overview
2. Earnings Forecast
3. Business Strategy
4. Topics

Yuichi Fukuda
President & CEO
Copyright(c) 2018 F-TECH INC. All Right Reserved

8Consolidated Results Forecast Overview (FY Mar 2019)(Million yen)

FY Mar 2018 Actual

FY Mar 2018 Forecast

Difference

226,060

100.0%

226,000

100.0%▲60▲0.0%

Operating profit

6,856

3.0%

7,500

3.3%

643

9.4%

Profit before tax

5,924

2.6%

6,600

2.9%

675

11.4%

Profit attributable toowners of parent

4,708

2.1%

4,000

1.8%

▲709 ▲15.1%

Earnings per share(Yen)

262.98―214.15―▲48.83 ▲18.6%

Sales

Foreign Exchange
ImpactFY Mar 2018

FY Mar 2018

Difference

1US$110.71yen

105.00yen▲5.71yen

1CAN$

86.41yen

81.00yen▲5.41yen

1Yuan(RMB)

16.63yen

16.60yen▲0.03yenForex impact will be minimized by increasing sales with new business opportunities
Copyright(c) 2018 F-TECH INC. All Right Reserved

9Consolidated Sales Forecast (FY Mar 2019)(Unit ：M Yen)

Consolidated Sales by Segment

200,000
150,000

Share of Sales (%)

226,060

226,000

Japan, 28,795

Japan, 33,331

N. America,
129,904

N. America,
126,182

Japan, 12.7%

Japan, 14.8%(Japan)2.1%
Increase

N. America,
57.5%

N. America,55.8%(North America)▲1.6%
Decrease

100,000
50,000Asia, 67,360

Asia, 66,485

Asia, 29.8%

Asia, 29.4%

Mar 2018
ActualMar 2019
Forecast

Mar 2018
ActualMar 2019
Forecast(Asia)▲0.4%
Decrease

0Changes in Consolidated SalesFY Mar 2018

FY Mar 2019

Difference

Difference(%)

FX Impact

RealDifference

Difference
(%)

Japan

28,79533,331

4,536

15.8%

－4,536

15.8%

N. America

129,904

126,182▲3,722▲2.9%▲7,691

3,969

3.1%

Asia

67,36066,485

▲874

▲1.3%

▲695

▲180

▲0.3%

Consolidated

226,060

226,000

▲60

▲0.0%

▲8,386

8,325

3.7%

Net sales increase without forex impact, increased in Japan and NA.
Overseas segment takes up 85.2% of consolidated sales.
Copyright(c) 2018 F-TECH INC. All Right Reserved

10Operating Profit by Segment (FY Mar 2019 Forecast)(Unit ：M Yen)

Operating Income
FY Mar2018
ActualShare

FY MarDifference
2019
Difference(%)
Forecast

FY Mar2018
ActualFY Mar2019
Forecast

Difference
(%)

1,744

332

▲1,411▲80.9%

25.4%

4.4%

▲21.0%

N. America ▲1,878

1,723

3,602-▲27.4%

23.0%-Japan

Asia

6,684

5,955

▲728

▲10.9%

97.5%

79.4%

▲18.1%

Total

6,549

8,012

1,462

22.3%

95.5%

106.8%

11.3%

Adjustment306▲512▲818▲266.9%

4.5%

▲6.8%

▲11.3%

Consolidated

6,856

7,500

643

9.4%

100.0%

100.0%-Copyright(c) 2018 F-TECH INC. All Right Reserved

11Changing Factors in Operating Income(Unit ：M Yen)Japan

N. America(Canada)
Customer going on strike
Customer's production plan delay
New model startup cost increase(USA)
Increase in outsourcing cost, material cost,
Cost for logistic improvement(Mexico)New model startup cost increase

Sales
decrease▲707

Salesincrease
183

Recovered

Other
4,324

6,856

Asia

Increase

Decrease

Other
decrease▲866 Consolidated
Forex
Adjustment Impact▲818▲1607,500

Sales
decrease
▲608
Other
▲704

FY 2018
Operating
Profit Actual

FY 2019
Operating
Profit ForecastCopyright(c) 2018 F-TECH INC. All Right Reserved

12Changes in Sales by Customer(Unit ：M Yen)
100%

90%

144,089

172,456

175,579

196,343

4.4%

4.0%

3.8%

3.5%

8.6%

9.5%

80%

10.9%

12.0%

226,060

226,000
Others

3.5%

2.9%

11.4%

11.6%

Suzuki
Mitsubishi
ToyotaNissan

70%

79.9%

79.0%

GM

77.6%

60%

76.4%

75.2%

76.0%

Honda

50%

FY Mar 2019
FYFY
Mar
Mar
Mar
Mar
Mar
Mar20132014 FYFY
Mar20142015 FYFY
Mar20152016 FYFYMar2016
2017 FYFY
Mar20172018 FY Mar 2018
Honda
GMNissanToyotaMitsubishiSuzuki
Others137,708
14,880
7,536
5,209
370
127
6,626
172,456

138,635
16,622
7,024
5,875
526
135
6,762
175,579

152,435
21,345
7,435
6,204
1,803
321
6,800
196,343

151,282
23,683
6,985
5,658
2,036
197
8,101
197,941

Copyright(c) 2018 F-TECH INC. All Right Reserved

170,089
25,782
7,957
6,428
2,648
269
12,888226,060

Forecast
171,715
26,285
6,606
5,766
2,121
235
13,272226,000
13Financial Position
Total Asset

Capital Investment

Depreciation

Interest-Bearing Debt(Unit ：M Yen)
Dependence onInterst-Bearing Debt

160,000

50.0%

140,000
40.0%

120,000
100,000

30.0%

80,00020.0%

60,00040,000

10.0%

20,0000

FY Mar 2014 FY Mar 2015 FY Mar 2016 FY Mar 2017 FY Mar 2018 FY Mar 2019
Total Asset
111,062
132,697
137,980
144,420
150,525
146,144
Capital Investment
12,715
14,987
20,57814,094
12,435
12,233
Depreciation
7,508
8,920
10,081
10,335
11,666
11,867
Interest-Bearing Debt
44,67956,57058,68659,12959,51054,714
Dependence on
40.2%
42.6%
42.5%
40.9%
39.5%
37.4%
Interst-Bearing Debt
Copyright(c) 2018 F-TECH INC. All Right Reserved

0.0%

14

Dividend
FY Mar 2019 Forecast
Endof Q1

End of Q2

Endof Q3

End of Q4

Total

PayoutRatio

FY Mar 2019
Dividend Forecast-

10 yen-

10 yen20 yen9.3%(FYI)
FY Mar 2018 Actual-

10 yen-

10 yen20 yen7.6%

Difference(Year on Year)

-----

1.3%

Dividend Policy
F.tech’s basic policy regarding the profit distribution is based on the business performance. Alongwith reinforcing our financial characteristic, we will review profit forecast and future business
opportunities from a long-term perspective, and distribute profit back to shareholders. Ourpayout ratio target is 10% or greater of the “Net profit attributable to parent companyshareholders” , and it is paid out twice a year – middle of the year and end of the year.

Copyright(c) 2018 F-TECH INC. All Right Reserved

15

Table of Contents

1. Financial Results
Overview
2. Earnings Forecast
3. Business Strategy
4. Topics

Yuichi Fukuda
President & CEO
Copyright(c) 2018 F-TECH INC. All Right Reserved

16Midterm Three-Year Plan - Basic policy Corporate Policy
Mar 2017

Mar 2018

Mar 2019Mar 2020
Achieve strong financial
positions and highprofitability

Actuals

TargetConsolidated Sales

Consolidated
Sales

Operatingprofit ratio

197.9 B Yen

Interest bearing debt
ratio

212.0 B Yen

Operatingprofit ratio

interest bearing debt
ratio

 Provide our customers with excellent value Production plants to maximize the profit
 Support function to minimize the cost and provide production plants with value
 Establish strong financial positions
 Acquire and expand new customers
 Propose new breakthrough products
 Establish new technologies and new processing methods
 Plan and execute new business opportunities

Copyright(c) 2018 F-TECH INC. All Right Reserved17Midterm Three-Year Plan - Overview -Japan

N. America

ChinaAsia

Sales

Maintain current business, acquire new business

R&D

Efficient development with minimum cost and time

Manufacturing

Support stable new model startups, share the knowhow of high efficiency and high quality

Purchasing

Reduce purchase cost and logistic costEG

Achieve lower equipment cost and high efficient processing methods

Administration

Enhance corporate governance, manage the risks, develop human resources

PlanningAnalyze financial statements, suggest to improve profitability, follow up

Provide production plants with value

Enhance communication from Japan

Manufacturing plants to achieve midterm targets as profit center
Copyright(c) 2018 F-TECH INC. All Right Reserved18

Midterm Three-Year Plan - Targets Sales

Operating profit

Billion yen

Operationg profit ratio

Billion yen

220.0
200.0

Operating profit

209.0
197.9

207.0

212.0

12.0

10.5

10.0

9.0
8.0

180.0

8.0

160.0

6.0

140.0

4.0

120.0

2.0

100.0

8.0%

8.0

6.0%

4.1%

3.8%

Mar 2017
ActualMar 2018

4.3%

5.0%

Mar 2018

Mar 2019

Mar 2020Investment plan

Billion yen

20.0
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0

160.0
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0

14.1

13.7

13.0
11.0

Mar 2017
Actual0.0%

Mar 2019

Interest-bearing debt ratio

Billion yen

Mar 2018

Mar 2019

Mar 2020

4.0%
2.0%

0.0
Mar 2017
Actual

10.0%

144.4

146.9

Mar 2020

Total Assets
Interest-bearing debt
Interest-bearing debt ratio

140.0

140.0

59.1

58.0

54.6

49.0

40.9%

39.5%

39.0%

35.0%

Mar 2017
ActualMar 2018

Mar 2019

Mar 2020

Copyright(c) 2018 F-TECH INC. All Right Reserved

200.0%
180.0%
160.0%
140.0%
120.0%
100.0%
80.0%
60.0%
40.0%
20.0%
0.0%

19Midterm Three-Year Plan - 1st year plan vs actual Midterm Plan – 1st year plan vs actual(Billion yen)

Midterm plan
Sales

Mar 2018 actual Difference

209.0

226.0

+17

Operating profit

8.0

6.8

▲1.2

Investment plan

13.7

12.4

▲1.3

Interest-bearingdebts

58.0

59.5

+1.5

39.5%

39.5%

0%

Interest-bearing debt
ratio

Sales, investment plan, interest bearing debt ratio targets were achieved.
Operating profit and Interest bearing debts were not achieved.
Copyright(c) 2018 F-TECH INC. All Right Reserved20

Midterm Three-Year Plan - 1st year plan vs actual Midterm Plan – 1st year plan vs actual(Billion yen)

Midterm planMar 2018 actual Difference

8.0

Operating profit

It mainly stems from operating profit loss of
1.8 Billion yen in NA.
• Compared to last term ▲4.8 B yen• Compared to original plan ▲3.6 B yen
Midterm planInterest bearing debts

6.8

There is an urgent need torebuild financial positionin NA
Mar 2018 actual Difference

58.0

Buy up payment has been postponed tonext term.
(15M dollars in North America)

▲1.2

59.5

+1.5

Interest bearing debts will
be reduced in 2018 byrecouping the payment

Copyright(c) 2018 F-TECH INC. All Right Reserved21Current Status in North America - Issues Business Environment

OutcomeBusiness increased
significantly

Outsourcing
increased

Multiple newmodel startups

Work hours
increased
Turnover increased

Problems in NA plants

Cost increase
Labor, Outsourcing andassociated cost
Loss increase
Scrap/Rework required
Lower efficiency
Additional outsourcing

Tight labor market

Labor shortage
Labor cost Increased
Lack of skilled workers

Deteriorating financial
statements

Improvement activities need to take place by F-tech andsubsidiaries working together.
Copyright(c) 2018 F-TECH INC. All Right Reserved22

Scrap cost
Warehouse, associated cost

Achieve cost reduction and profit
Improvement by improving productivity
and accuracy with F-tech support

Outsourcing cost

Improve productivity/accuracy
Returning production inhouse with F-tech
supportProfitCost reduction with F-tech support

Price correction

Profit improvement

Cost

Labor cost

Cost reduction

Current Status in North America - Activities for improvement -F-tech support plansSend support staff
Productionengineering→Improveproductivity

Plan execution management
Improvement plan/Financialplan

Value added increase
F-tech support (cost reduction,in house production)

Copyright(c) 2018 F-TECH INC. All Right Reserved

23

Table of Contents

1. Financial Results
Overview
2. Earnings Forecast
3. Business Strategy
4. Topics

Yuichi Fukuda
President & CEO
Copyright(c) 2018 F-TECH INC. All Right Reserved

24

Business Status
Honda

F-tech supplies the parts to 100% of global models
We acquire high confidence from customers by achieving weight reduction
while strength and rigidity requirements are maintained
Overseas OEMs
GM: Suspension/mount parts are supplied

Japanese OEMs
Nissan: Control parts are supplied

2018 Global supply share 18.9%/18.7%

2018 Global supply share 50.8%(FR)(K Unit)
4,000
3,000(RR)

In 2023,
GM production volume
will be about 91 millionunits

40 (％)
30

2,000

20

1,000

1002018201025%

49.2% 50.8%

75%02017 2018 2019 2020 2021 2022
FR Units
RR Units
FR Share2023
RR ShareMainly Suspension, Mount Parts-New business from new customers/Production start-FtechOthers

Mainly Control parts- Acquire business also from Mitsubishi, Suzuki -By responding to customers’ requirements appropriately, we continuously obtain businessfrom both overseas and Japanese OEMs including new business opportunities.
Copyright(c) 2018 F-TECH INC. All Right Reserved25

Business Status - New model startups planned in 2018 Japan

AreaCustomer

Q1

HONDA

China

NorthAmerica

OTHER

HONDA
OTHER
HONDA

N-BOX

CIVIC

Kameyama⇒JapanKuki⇒Japan【Legend】

LEAF

Model Name

Kyushu Ftech⇒JapanProduction location⇒Where to ship

Odyssey

AccordFPG⇒ North America

FPA⇒North America

Equinox/Terrain
FPMX⇒ MexicoTraverse/Enclave
Dyna-Mig⇒ Canada

CITY

CR-V

FTZ
⇒ChinaFTW⇒China

OTHER

Q4

Q3

Q2

LEAF

NewT

CAMRY

ALTIMAFPG⇒ NA

Dyna-Mig⇒NA

Dyna-Mig⇒ NAFPG⇒ NA

NewC
Dyna-Mig
⇒ NA

ACURA
TLX

AccordFTZ⇒ChinaFTZ⇒China

KICKS

BUICK

FTZ
⇒ChinaFTW⇒China

Asia

HONDA
OTHER

New
F

SWIFT

MIRAGE

FMTL⇒Thailand

VG⇒IndiaFPMI⇒Phillippines

Copyright(c) 2018 F-TECH INC. All Right Reserved26

Business Status - New business from main customer Odyssey
SOP：Apr 2017
Location: USA (F&P Georgia)
Products: Suspension parts
Mount parts
Pedal control parts

N-BOX
SOP: July 2017
Location: Japan (Kameyama)
Products: Suspension parts
Mount parts
Pedal control parts

ACCORD
SOP Sep 2017
Location: USA (F&P America)
Products: Suspension parts
Mount parts
Pedal control parts

CIVIC
SOP: Sep 2017
Location: Japan (Kuki)
Products: Suspension parts
Mount parts
Pedal control parts

We had massproduction startups of major products that have been awarded bymeeting the customer’s requirements.
Copyright(c) 2018 F-TECH INC. All Right Reserved27

Business Status - New business from other customers New Customer
SOP: Apr 2017
Location: Thailand (FMTL)
Products: Suspension parts
Mount parts

New Customer
SOP: Jul 2017
Location: Canada (Dynamig)
Products: Suspension parts
Mount parts

GMSOP: Apr, May 2017
Location: Mexico (F&P Mexico)
Canada (Dynamig)
Products: Suspension parts
Mount parts

New Customer
SOP: Feb 2018
Location: Canada (Dynamig)
Products: Mounts parts

We had massproduction startups of new model parts that have been awarded
through sale promotion activities.
Copyright(c) 2018 F-TECH INC. All Right Reserved28

Activities for Weight Reduction - Dissimilar welding technologies Activities for new weldingtechnologies

FSW
Aluminum + Aluminum

Steel + Aluminum

Carbon/Aluminum/Plastic

World's first mass prodcution FSW is used to weld Aluminum plate(expanded material) andwith FSW technology to weldAluminum(extruded material)
steel and aluminum (DC).
Steel

Steel・Plastic

Plastic
・CarbonAluminum(optimum welding with lessdistortion)The
technology
is applied toother parts

Plastic・Carbon

Further weight reduction technology will be applied to the parts otherthan subframes along with establishing dissimilar welding technology.
Copyright(c) 2018 F-TECH INC. All Right Reserved29Capital Update

Convertible bonds (CB) that we issued in yen that will bematured in 2020 had been fully converted into shares asof September 12, 2017.
*8/17/2017 Call option was exercised

Item

End of March 2017

End of September
2017

Difference

CB Balance

2,350 M Yen

0▲2,350 M Yen# of issued shares

16,760,425

18,712,244＋1,951,819

Capital5,615 M Yen

6,790 M Yen＋1,175 M Yen

Capital Surplus

6,155 M Yen

7,330 M Yen＋1,175 M Yen<Reference>
CB Issue conditions
Issue date
Redemption Date
Total amount issuedConversion price

When CB issued (3/20/2015)
3/20/2015
3/23/2020
4 Billion yen
1,204 yen

# of issued shares
CapitalCapital surplus

Copyright(c) 2018 F-TECH INC. All Right Reserved

15,390,000
4,790 Million yen
5,228 Million yen30

IR Activities - Engineering Exhibitions - Automotive Engineering Expo Date: June 28-30, 2017
Location: Portmesse Nagoya# of visitors：39,810
Booth exhibition
Light weight pedals, Aluminum technology
F-tech booth was introduced on “TheMotor Fan” magazine- 8th Light weight Technology Expo -The largest light weighttechnology exhibition in JapanDate: January 17-19, 2018
Location: Tokyo Bigsight# of visitors: 39,922

We demonstrated our development capabilities to OEMs.
Copyright(c) 2018 F-TECH INC. All Right Reserved31

IR Activities - Individual Investors Individual investors meetings

Nikkei IR Fair
2017

2017

August 25, 26

2018

July 6, December 5

January 26

 Location: Tokyo Bigsight Location: Omiya-shi, Kuki cultural Location: F-tech head quarter, # of visitors ： 17,346

hall
 # of visitors : 120

Kuki plant Activity: Plant tour
 Visitors: 19

 Presentation, Booth session

The presentations were made to
many individual investors

Active Q&A
First IR event in the area
where headquarter is located

Communication opportunities
With local investors to improvetheir understanding about ourcompany

Expanding the IR events to increase individual investors
Copyright(c) 2018 F-TECH INC. All Right Reserved32

CSR - Environment ■Events after receiving multiple awards last year

EnMS articles were published on newspapers

Featured on customer's website

Received many requests to give presentations orto visit our facilities due to Energy Conservation
Grand PrizeFrom Kameyama
to the world

Newspapers

after award many requests to visit orinvitation to seminars
Multiple Indian industrial groups visited ourfacilities

ExternalCommunication

Presentation, visit

Energy Conservation
Grand Prize

Customers<Reference>
June 2016: Energy Management Insight Award
January 2017: Energy Conservation Grand Prize
Chairman Prize of the Energy Conservation Center
January 2017: Honda Award for excellence (Environment)
Honda Green Competition Global Award for Excellence
Japan Award for Excellence

Copyright(c) 2018 F-TECH INC. All Right Reserved33CSR - Social contribution Forest fostering

Scholarship fundation

Environment education for employees
to improve environment conservation awareness

In April 2017, F-Tech Scholarship
started to provide fund.
41 students from 32 colleges in Tokyo
area have received.

Saitama

Workshop for Kids

As a "Saitama forest fostering supporter“, wecontribute to the societies through our forest
fostering activities

Students ceremony

We support to develop human resources who active
around the world

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Thank you for your attention

The future outlook and earnings forecasts in this document are made based on the informationavailable at the moment, and they include potential risks and uncertainties.
As a result, please bear in mind that actual business performance may substantially differ fromthe stated future forecasts due to changes in various factors.
For inquiries on IR information, please contact:

F-TECH INC. Management Planning Division
General Affairs Department/Accounting Department
TEL

0480-85-5211

Mailwebmaster@ftech.co.jp

Copyright(c) 2018 F-TECH INC. All Right Reserved