42nd Interim( From April 1, 2016 to September 30, 2016 )Securities code: 6787

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01 Interview with the President
Special report

05 Meiko—40 Years of Progress
07 Consolidated financial data
09 Global network
10 Corporate data
Back
Cover

Introduction to Shareholders’ memos/ Introduction to Meiko website

Interview with the President

We will continue tothat provides the best
Q

Would you describe the business environment and operating

1 results for the first six months of the fiscal year under review?

Both sales and operating income marked strong growth, but
ordinary income was adversely affected by foreign exchange losses
due to the strong yen.

I would like to express my sincere gratitude to allshareholders and investors for their outstanding
support for our business.
I am pleased to take the opportunity of presenting
our interim MEIKO REPORT for the 42st fiscal term
(year ending March 31, 2017) to explain the businessconditions of the first half period ended September
30 and our future business strategy.
President & CEO

Yuichiro Naya

Summary of consolidated operating results
for the first half of FY2016( in 100 million yen )Results for the Results for theYear-on-year
first half offirst half ofchangeFY 2016
FY2015Net sales

457.4

473.5

(16.1)

Operating income

26.6

5.8

+ 20.8

Ordinary income

1.4

(3.1)

+ 4.5

Net loss
attributable toowners of parent(3.8)(100.5)+ 96.701 MEIKO REPORT

Within the business environment surrounding the Meiko Group,
the U.S. economy has been underpinned by a solid expansion of
employment and growth of household consumption, while
Europe’s economy has recorded moderate growth with a recoveryof consumer spending supported by a market view that the
impact of the U.K.’s decision to leave the European Union will be
minor for the time being. In Asian countries, centered on China,
concerns about a substantial economic downturn have been
waning due to the Chinese government’s initiatives to address its
structural problems and take financial measures. Japan’s
economy was on the moderate recovery trend backed by growthin consumer spending and improved corporate earnings, among
other factors. However, corporations revised forecasts downward,
driven by the surging yen and other negative factors that cast a
The following is a summary of the financial results
for the first half of FY2016 and key points.

Summary

1. Despite strong sales growth, yen-based net sales stood at 45,700 million
yen, a 3.4% decline year-on year, due to a surge in the value of yen.
2. Operating income marked 2,660 million yen, an increase of 2,080 million yen
year on year (460%), which is attributable to increased orders received.
3. Interest-bearing debts decreased 5,300 million yen from the end of theprevious fiscal year.

Key points

1. Sales of substrates for vehicles remained firm, supported by market momentum.
2. Sales of substrates for smartphones posted spectacular growth due toincreased orders from major customers.
3. Ordinary income was adversely affected by foreign exchange losses caused by
the strong yen, which has persisted since the beginning of the year.
4. Earnings increased and positive free cash flows remained firm.

meet needs as the PCB manufacturer
value and services.
shadow of uncertainty over the economic outlook.
In the automobile industry, one of the Meiko Group’s main
business partners, the market remained firm on the back ofglobally strong demand for automobiles and increasing use ofelectronics with expectations for safe driving applications andfurther advances in automated operation. In the smartphoneindustry, growth slowed in the global market, while markets
centered on emerging countries maintained strong momentum.
The market in China sees signs of change such as the emergenceof several makers as leading players amidst manufacturing
overcapacity.
Under such a market situation, the Meiko Group achieved sales
growth by executing measures that responded adequately toincreased demand for substrates, based on solid demand forvehicles mainly in the U.S. and China, and proactively enhancing
sales of new products for advanced driver assistance systems(ADAS). Sales of substrates for smartphones also marked strong
performance, which was attributable to increased orders fromglobal customers and a growing number of manufacturers in the
Chinese market.
In terms of production and management, the Group has beenstrengthening its management structure through structuralreforms which started from 2014, improving yield, reducing fixed
costs and sales and administrative expenses, and taking othermeasures. In the first quarter of the fiscal year under review,
although the Group experienced ordinary losses due to a decline
in net sales caused by the yen’s strength, which continued fromthe beginning of the year, and foreign exchange losses, a boost insales during the following quarter and the positive effects ofstructural reforms returned ordinary income to profitability on a sixmonth accumulated basis during the second quarter of the fiscal
year under review.
As a result, the Group posted net sales of 45,741 million yen on aconsolidated basis for the first six months of the fiscal year underreview, marking a 1,609 million yen decrease (or a 3.4% decline)
year on year. Regarding profit and loss, the Group logged
operating income of 2,663 million yen (or a 361.8% increase year
on year), ordinary income of 142 million yen (ordinary loss of 308
million yen in the same period of the previous fiscal year), andquarterly loss attributable to owners of parent of 383 million yen(quarterly loss attributable to owners of parent of 10,047 million
yen during the same period of the previous fiscal year).

Sales composition
by PCB sales
By application :By product :Non-PCB 7%

Non-PCB 7%

Others 12%

PCB for otherapplications
1%

Digital AV 3%
Storage 5%

Net sales
457.4( in 100 million yen )Smartphones 26%

Automobiles
47%

HDI PCB 36%
Six-layers or more
16%

Double-sided PCB
9%Net sales
457.4( in 100 million yen )Four-layer PCB
31%

MEIKO REPORT

02

Interview with the President

Q

Would you outline the plan for strengthening production bases

2 in Vietnam and what the plan will achieve?

Q

What is your forward-looking view of the business3 environment and what initiatives will you take in the second
half of the fiscal year under review?

The Meiko Group aims to strengthen its manufacturing structure
targeting growth businesses such as automobiles, smartphones,
and modules.
We will strengthen the production structure of two manufacturingsubsidiaries based in Vietnam—Meiko Electronics Vietnam Co.,
Ltd. (Thach That Plant) and Meiko Electronics Thang Long Co.,
Ltd. (Thang Long Plant). The manufacturing facility forsmartphone products has been operating at full capacity,
supported by favorable orders, and order volume is expected toincrease further in the coming years. Regarding in-vehicle
products, we aim to acquire more customers by targetingcompanies based in Europe and the U.S., in addition to existing
subsidiaries of Japanese companies; therefore, we foresee a
shortage of production capacity.
Furthermore, we plan to reinforce the flexible printed circuit(FPC) business and the electronics manufacturing service (EMS)
business with the main operating bases located in Vietnam. In
addition to the Guangzhou Plant and the Wuhan Plant in China,
positioning these two plants in Vietnam as strategic hubs to
perform business globally, we will emphasize capital investment.

We will launch the next growth strategy targeting the automobile
market, which continues to have growth potential, and thesmartphone market, which should get onto a stable track.
Given the business environment in the second half of the fiscal
year under review, the global market for smartphone products isreaching a plateau, while emerging markets continue to grow. In
such a situation, two companies, one based in South Korea andthe other based in the U.S., dominate the market. In the Chinese
market, where there had been several hundred smartphonemakers that gradually faded away, three companies withparticularly large market shares stand out as top players. This
tells us that the market in China is shifting from a chaotic
situation to stability. The Meiko Group achieved significant
growth in both sales and profits through transactions with theseleading market players. Emphasizing relationships with them, theGroup will strive to expand sales of high added-value substrates
designed for smartphones, aiming to secure stable sales andprofits.
The automobile market has remained firm. In addition to theConsolidated financial forecasts
for FY2016( in 100 million yen )Results for the first half of FY 2016
Results for the
first half

Forecasts for thesecond half

Results for FY2015

Year-on-year change

Full-year forecasts

Net sales

457.4

454.6

912.0

952.8

(40.8)

Operating income

26.6

17.4

44.0

33.3

10.7

Ordinary income

1.4

13.6

15.0

(4.9)

19.9

Net income (loss) attributableto owners of parent

(3.8)

14.8

11.0

(112.5)123.5

03 MEIKO REPORTMeikoSolar Park Fukushima
4 Please give a message to shareholders.

Q

expanding hybrid vehicle and electric vehicle segment, themarket is growing in a direction toward the application of ADAS
systems, safe driving, and automated operation in the future.
Following that direction, we take the view that various functions
will be mounted on vehicles and the market for manufactured
electronic circuit substrates will grow correspondingly. The
Group is proactively researching and developing substrates thatare suitable for various functions demanded by the new market
in future, as well as offering suggestions to customers. Our
pipeline has a variety of substrates. These include substrates
already manufactured in large volumes, substrates that will beready for mass production in a few years, substrates under joint
development with customers, and substrates at the proposal
stage.
Since the Great East Japan Earthquake, the Group’s operating
performance had remained sluggish due to various factors,
which caused considerable concerns to shareholders. However,it has got back onto a recovery track since last year, supportedby the positive effects of structural reforms and the strengtheningof production capacity undertaken positively by the entire Group.
We will move forward as we enter the next path of growth.

Future business environment:

In the emerging market for smartphone
products, manufacturers in China, in addition
to the two global leading players, arebecoming prominent.
In the automobile market, new technologies
were launched that targeted safe driving,
automated operation, etc.…based on solid
growth in existing markets.

We will do our utmost across the Group to achieve a stable dividend
distribution for shareholders and focus on improving sustainablecorporate value.
Given the Group’s financial results for the second quarter of the
fiscal year under review, we have examined each item of net
assets that are available sources of dividends. Consequently, we
regret that we will not pay an interim dividend for the fiscal year
under review.
We would sincerely appreciate it if our shareholders would
understand our decision.
Regarding the year-end dividend for the fiscal year ending March
31, 2017, we will announce our decision when the prospects for
operating performance in the coming months are confirmed.
In response to the support and expectations of shareholders andall other stakeholders, the Meiko Group is committed to doing its
utmost to carry out measures for the next growth strategy and to
improve sustainable corporate value.
We look forward to your continued support and encouragementin the future.

Key points for improving business in the latter halfof the fiscal year under review:

Strengthening the manufacturing structurewith the focus on businesses
and products with growth potential
Assuring sustainable growth in the substratebusiness targeting smartphone products
Acquiring more customers for supplying
in-vehicle substrates, and developing
new business fields
MEIKO REPORT

04

Special
Report

MEIKO—40 Years of Progress
Constructed a new building within
October
1974

November the premises of Yamagata Meiko Electronics
to manufacture substrates using
1997

Yuichiro Naya, current President established
Meiko Denshi Kogyo Co., Ltd.
January
1976

the build-up method.

Established the headquarters and the First Factory(former headquarters and Kanagawa Factory Building C)
Stock listed on the

Established a new headquarters

December over-the-counter market(formerly JASDAQ Securities
2000

September and a new factory (current headquarters
1980

and Kanagawa Factory Building A)

Exchange).

Launched a production line

Decemberfor multilayer wiring substrates
1980

and started production

September Established Yamagata
Meiko Electronics Co., Ltd.
1982
June
1990

1974

1976 1980 1982 1990

Demand for private
automobiles rose,
supported by higheconomic growth. Released
double-sided substrates
and multilayer throughsubstrates designed forautomobiles.
The Space Invaders arcade
game became extremely
popular. Meiko released
double-sided substrates
designed for game machines.

05 MEIKO REPORT

Established FB Center(Fukushima Factory)
in Hirono-cho, Fukushima Prefecture

1997

A multi-function printerincorporating facsimilefunctions into a copy
machine debuted in themarket. Meiko released
multilayer through substrates
designed for multi-function
printers.

Super Famicom (Nintendo) and other home
video game consoles became huge hits.
Meiko released multilayer through substrates.

CTR Photos / Shutterstock.com

2000

Digital video cameras were released by
Matsushita Electric Industrial Co., Ltd. Meikolaunched small multilayer through substrates
designed for digital video cameras.

MOVA, a mobile wireless telephonedevice, was released in the market.
Meiko released small multilayer
through substrates designed formobile wireless phones.

Miyagi Meiko Electronic Co., Ltd.
started business.
Miyagi Factory started operation.

July
2006

April
2009

Started operation of the
EMS Factory in Vietnam

October
2010

Constructed the Guangzhou Factoryin China and started operation

February
2005

Established the MEIKO Researchand Development Center

Entered into a capital alliance with
Schweizer Electronic AG. in Germany

December Constructed a PCB Factory in2010
Vietnam and started operation

July
2014

Constructed the
Wuhan Factory in
China and started
operation

Established Meiko Electronics
Thang Long Co., Ltd.
within the premises of Panasonic Vietnam Co., Ltd.

June
2015

2001

2005

2006

2009 20102014

Constructed Meiko Solar Park Fukushima,a solar power generation plant

2015

Demand for smartphones rose. Meikoreleased 10-layer multilayer substrates
designed for smartphones.

In conjunction with thelaunch of terrestrial digital
broadcasting, demand for flatscreen TVs rose. Meiko released
build-up substrates designed
for flat-screen TVs.

Meiko will move ahead
toward the future.

January
2001

March
2009

To the future

Demand for environmentally friendly
vehicles increased. Meiko released thickcopper substrates suitable for high currents
for use in hybrid automobiles and electricvehicles.
Demand for LED lighting
increased. Meiko released
aluminum substrates with highheat dissipation for LED lighting.

The Meiko Group possesses
advanced technologies and broad
experience ranging from substrates
for automobiles to substrates
for smartphones, and is capableof meeting demand for the next
generation of the Internet of Things(IoT) and automated operation by
applying integrated technologies.
Leveraging cutting-edge technologies
and new ideas, we will contribute tocreating a better society.

MEIKO REPORT

06

Consolidated financial data

Net sales

Consolidated balance sheet

45,741FY2016 Interim

Full-year

million yen( in million yen )End of FY2015

At the end of the second quarterfor the fiscal year under review( As of March 31, 2016 )( As of September 30, 2016 )Assets( in million yen )100,000( forecast )Current assets

55,32955,346

Noncurrent assets

54,27547,28250,73344,129Property, plant and equipment

50,000Intangible assets
Investments and other assets
Total assets0
2013/3

2014/3

2015/3

2016/3

2,663

223

3,329

2,929

109,605

102,628

Liabilities

2017/3Operating income/Operating margin
FY2016 Interim

212

Current liabilities

41,99043,043

Noncurrent liabilities

38,851

33,953

Total liabilities

80,841

76,997Full-year

Net assets

Full-year

Shareholders’ equity

24,57824,194

Capital12,88812,888

6

Capital surplus

19,745

11,7452,000

3Retained earnings(7,659)

(43)

0

0

Treasury stocks

(396)

(396)

Cumulative other comprehensive income

3,925

1,193

-2,000-3

Valuation difference on available-for-sale securities

32

(38)

Deferred gains or losses on hedges

(337)

(236)

Foreign currency translation adjustment

4,475

1,690

Remeasurements of defined benefit plans

(246)

(221)

million yen( in million yen )( forecast ) (%)

4,000-4,0002013/3

2014/3

2015/3

2016/3-6

2017/3

Net income*/Net margin-383

FY2016 Interim

million yen

Full-year

6,000( forecast )Total liabilities and net assets

109,605

102,628

Key points in the financial results• Consolidated balance sheet-10
2015/3

2016/32017/3*Net income represents net income attributable to owners of parent.

07 MEIKO REPORT

25,6315-5-6,0002014/328,764(%)

00

2013/3243

Total net assets
Full-year( in million yen )-12,000260

Non-controlling interests-15

Total assets stood at 102,628 million yen, a decline of 6,976 million yen from the end of theprevious fiscal year. The decline was mainly due to a decrease of 514 million yen in cash
and deposits of current assets, an increase of 604 million yen in inventories, and a declineof 6,604 million yen in property, plant and equipment.
Total liabilities amounted to 76,997 million yen, a decline of 3,844 million yen from the end of
the previous fiscal year. The decline is mainly attributed to a reduction of 700 million yen in thecurrent portion of long-term loans payable and a decline of 4,736 million yen in long-term loans
payable in fixed liabilities, which offset an increase of 1,107 million yen in notes and accounts
payable-trade.
Net assets were 25,631 million yen, a decline of 3,132 million yen from the end of the previous

Consolidated statement of income( in million yen )Consolidated statement of cash flows

First half of the 41th term First half of the 42st term
( year to date )( year to date )( April 1, 2015 to Sept. 30, 2015 )( April 1, 2016 to Sept. 30, 2016 )Net sales

47,35145,741

Cost of sales

41,662

38,053Gross profit

5,689

7,688

Selling, generaland administrative expenses

5,112

5,024

Operating income

576

2,663

Non-operating income

120

472

Non-operating expenses

1,005

2,993

Ordinary income / loss

(308)

142

Extraordinary income

29—

Extraordinary losses

8,469

59

Loss before income taxes(8,749)82

Income taxes

1,298

458

(10,047)

(376)

—

7

(10,047)(383)

Net income (loss)
Profit attributable
to non-controlling interests
Loss attributable toowners of parent( in million yen )First half of the 41th term First half of the 42st term
( year to date )( year to date )( April 1, 2015 to Sept. 30, 2015 )( April 1, 2016 to Sept. 30, 2016 )Net cash generated
from operating activities

4,039

3,453

Net cash expended
in investment activities(932)(1,169)Net cash generated
from financing activities(1,614)(1,853)The effect of changes
in the exchange rate on cash
and cash equivalents

(151)

(947)

Net increase (decrease)in cash and cash equivalents

1,340

(517)

Cash and cash equivalents
at the beginning of the period

9,490

19,312363—

11,194

18,795

Net increase (decrease)in cash or cash equivalents due
to change in scope of consolidation

Cash and cash equivalents
at the end of the period

fiscal year, mainly due to a reduction of 2,785 million yen in foreign currency translation adjustment.
A total of 8,000 million yen was transferred from the legal capital surplus to other retained earnings,
and 8,000 million yen was transferred from other retained earnings to retained earnings brought
forward in accordance with a resolution of the annual general shareholders’ meeting held on June
28, 2016.

2,600 million yen, 4.6 times greater than the result for the same period of the previous fiscal
year, achieving a significant improvement. This was attributable to a substantial increase in
net sales and positive effects from a series of measures carried out since 2014 to improve
management strength. As a consequence, ordinary income returned to profitability.

• Consolidated statement of income

Net cash generated from operating activities was an inflow of 3,453 million yen, while net cash
expended on investment activities was an outflow of 1,169 million yen. The outflow was mainly
due to the acquisition of property, plant and equipment. Cash outflows in financing activities
marked 1,853 million yen, which was due to repayments of 6,101 million yen in long-term loans
payable, an inflow of 1,152 million yen in short-term loans payable and an inflow of 2,887 million
yen in long-term loans payable.

Net sales on a consolidated yen basis declined 1,600 million yen from the same period of
the previous fiscal year to 45,700 million yen due to the negative impacts of the strong yen,which have persisted since the beginning of the year, although sales of products for vehicles
and smartphones remained firm.
Despite the negative impacts on profit/loss of the strong yen, operating income marked• Consolidated statement of cash flows

MEIKO REPORT

08

Global network

Meiko’s production and sales systems
that meet global customer needs
Production Base
Sales Bases

Meiko Electronics Europe GmbH

R&D Base
Affiliated Companies

Shanghai Sales Office

Tianjin Sales Office

Meiko Electronics America, Inc.

Wuhan Plant( Meiko Electronics (Wuhan) Co., Ltd.)Guangzhou Plant

Yamagata Factory( Meiko Electronics (Guangzhou Nansha) Co., Ltd.)( Yamagata Meiko Electronics Co., Ltd.)Guangzhou Sales Headquarters

Ishinomaki Branch Factory( Yamagata Meiko Electronics Co., Ltd.)

Overseas Sales Department
Bangkok
Sales OfficeVietnam Factory

Omiya Sales Office( Meiko Electronics Vietnam Co., Ltd.)

Meiko Tech Yokohama Branch Office

Fukushima
Factory

Nagoya Sales OfficeThang Long Factory( Meiko Electronics Thang Long Co., Ltd.)

Meiko Elec. Hong Kong. Co., Ltd

Osaka Sales Office

M.D. Systems Co., Ltd.

Meiko Tech
Osaka Head Office

Kanagawa Factory
Headquarters
1st PCB Sales Dept.
2nd PCB Sales Dept.

Meiko Techno Co., Ltd.
MDS Circuit Technology, Inc.

High-Performance
PCB Sales Dept.
FPC Sales Dept.
EMS Sales Dept.
Research andDevelopment Dept.

MANAGEMENTV O I C E
VOL.

1

Hitoshi Iyomoto,
Audit & Supervisory Board Member( Standing )09 MEIKO REPORT

Anticipating the sound and sustainable growth of the Meiko Group, I have focused on audits and advice
centered on workplaces and candid exchanges with management. After experiencing significant ups anddowns over the past several years, the Group has seen a steady recovery of operating performance since
the beginning of the fiscal year under review. We consider this to be attributable to structural reforms, on
which Production, Sales, and Administration Departments focused their joint efforts. The Group is also
taking appropriate countermeasures for issues in the internal control system which I have been monitoringas an Audit & Supervisory Board Member.
I will continue working with the management team to ensure that the Group increases its corporate value
and meets shareholders’ expectations. Your continued support would be much appreciated.

Corporate Data ( as of September 30, 2016 )Corporate Profile

Stock Information

Name

MEIKO ELECTRONICS CO., LTD.

Established

November 25, 1975

Headquarters

5-14-15 Ogami, Ayase, Kanagawa

Capital12,888 million yen

No. of Employees

10,453 (consolidated)(Japan: 792) (overseas: 9,661)

Outline of Business

Design and manufacturing and sales of
PCBs and auxiliary electronics business

Number of Shares Issued( Common Stock ) 26,174,076 shares( excluding treasury stock of 629,244 shares )( Class-A preferred Stock )50 shares( Common Stock )( Class-A preferred Stock )Principal Shareholders( Common Stock )President & CEO

Yuichiro Naya

Director

Seiichi Naya

Director and Senior Managing Executive Officer

Takahide Hirayama

Director and Senior Managing Executive Officer

Masakuni Shinozaki

Director

Maren Schweizer

Director

Yoon Ho, Shin

Director

Hajime Nakano

Audit & Supervisory Board Member (Standing)Hitoshi Iyomoto

Audit & Supervisory Board Member

Arifumi Sunada

Audit & Supervisory Board Member

Takashi Harada

5,689
1

Number of Shareholders

Number of Shares held
( thousands of shares ) % of shares held

Name of Shareholder

Executives ( as of June 28, 2016 )YUICHIRO NAYA

4,702

18.0

705
631
608
521
488

2.7
2.4
2.3
2.0
1.9

476

1.8

444
417
379

1.7
1.6
1.5

GOLDMAN SACHS INTERNATIONAL
PLEASANT VALLEY
MEIKO KOSAN CO., LTD.
YUHO, LTD.
HARUYUKI NAYABARCLAYS BANK PLC A/C CLIENT
SEGREGATED A/C PB CAYMAN CLIENTSSEIICHI NAYA
TATSUO KAGAWA
HILLCREST, L.P.

*The Company owns treasury stock of 629,244 shares and is excluded from the above
principal shareholders.
The percentages for the total number of issued shares have been calculated after
excluding treasury stock.

(Class-A preferred Stock)

Affiliated Companies
Yamagata Meiko Electronics Co., Ltd.
M.D. Systems Co., Ltd.
Meiko Tech Co., Ltd.
Meiko Techno Co., Ltd.
Meiko Electronics (Guangzhou Nansha) Co., Ltd.
Meiko Electronics (Wuhan) Co., Ltd.
Meiko Elec. Hong Kong. Co., Ltd.
Meiko Electronics Vietnam Co., Ltd.
Meiko Electronics Thang Long Co., Ltd.
MDS Circuit Technology, Inc.
Meiko Electronics America, Inc.
Meiko Electronics Europe GmbH

Number of Shares Authorized ( Common Stock ) 70,000,000 shares( Class-A preferred Stock )50 shares

Number of Shares held
( thousands of shares ) % of shares held

Name of Shareholder

Manufacturing of PCBs
Design of PCBs
Sales of PCBs
Auxiliary electronics business
Manufacturing and sales of PCBs
Manufacturing and sales of PCBs
Sales of PCBs
Manufacturing and sales of PCBs
Manufacturing of PCBs
Design of PCBs
Sales of PCBs
Sales of PCBs

50

Chiiki Chukakukigyo Kasseika Fund

100.0

Shareholding Structure ( Common Stock )Individuals and others

60.6%

Foreign institutions and others

16.9%

Financial institutions

8.4%

Other institutions

5.8%

Financial instruments business operators

6.0%

Treasury stock

2.3%
MEIKO REPORT

10

Shareholders’ Information
April 1 to March 31 of the following year

Fiscal Year

Method ofpublic notice

Annual Shareholders’ June
Meeting
Record dateYear-end dividends: March 31
Interim dividends: September 30
Transfer Agent

Sumitomo Mitsui Trust Bank, Limited
1-4-1, Marunouchi, Chiyoda-ku, Tokyo,
100-8233, Japan

Transfer Office

Sumitomo Mitsui Trust Bank, Limited
Stock Transfer Agency Dept.
1-4-1, Marunouchi, Chiyoda-ku, Tokyo,
100-8233, Japan

Contact

Tel : +81-3-3323-7111

Stock exchange

JASDAQ ( Standard ), Tokyo Stock ExchangeElectronic public notice in our official page In
the event of an accident or other unforeseen
events that prevent publication of the electronic
public notice, it will be published in The Nikkei.
Official Page:
http: www.meiko-elec.com/ir/pa.shtml

Enquiries concerning shareholdings:• Shareholders who need to update information onshareholdings, including change of address and method ofreceiving dividends, are advised to contact the securities
companies where securities accounts are held.
• Shareholders who do not have accounts with securities
companies and need to process payments of dividends areadvised to contact Sumitomo Mitsui Trust Bank, Limited, as
stated to the left.

The homepage
has been
redesigned.

CSR Report

Meiko
TOP page

Headquarters
URL:

For our latest IR information,news releases, and otherinformation including details on
our products and CSR activities,
please visit the Company
website. You can visit theCompany website to find otheruseful information as well.
Searchh t t p : / / w w w. m e i k o - e l e c . c o m /5-14-15, Ogami, Ayase, Kanagawa 252-1104, Japan
Tel: 0467 (76) 6001 (switchboard)
http: //w w w. me iko-e le c.c om/

Notes on Forecasts
The information in this report contains future forecasts, such as the plans and business results of theCompany. These forecasts are based on information available at the time when these forecasts weremade and certain preconditions that the Company believes to be reasonable. Please note that actual
business results may differ from the forecasts herein due to a variety of factors.