41st Interim(From April 1, 2015 to September 30, 2015)
CONTENTS
P.01

Interview with the President- Operating results for the first half
and initiatives for the second half-

P.07

Consolidated financial data

P.09

Global network
Corporate data

P.05

Special report

P.10

P.06

Meiko news

Back CoverIntroduction to Shareholders’memos / Introduction of
Meiko website

Securities code: 6787

Interview with the President

While ensuring a proper under standing of customer needs,
we will continue to supply the highest quality PCBs.
Q1

Please describe the business environment and operating
results for the first half ended September 30, 2015?

Within the business environment surrounding the Meiko Group,
the economies of the U.S. and Europe have been following
moderate recovery trends, while the outlook for economies in
the markets of China and emerging countries still remains
uncertain with signs of growth losing momentum. On the other
hand, Japan’s economy showed a steady upward trend, due
mainly to a recovery in consumer spending, improved corporate
business results, and a rebound in capital investment.
In the automobile industry, which is one of the Meiko Group’s
main business partners, the market remained firm on the back ofmoves by manufacturers, which had adjusted orders placed due
to a temporary increase in spare parts, to resume procurements
in order to optimize inventory levels. In the smartphone-related
markets, market demand on a global basis is expected to post

10% or higher growth on the year, although the market in China,
which had been the market leader, is now showing a slowdown
in growth rates, having reached a mature stage.
Under such circumstances, to increase orders received, theGroup actively executed sales and marketing countermeasures,
focusing on automobile makers, to acquire new customers andexpand orders from existing customers, as well as proposals for
new products designed for Advanced Driver Assistance Systems(ADAS), such as high-heat dissipation PCBs and high-frequency
PCBs. As a result, the Company achieved stable sales growth.
Furthermore, the smartphone-related business posted strong
sales performance, which was attributed to favorable orders
received due to increased production by some major overseas
customers, and a steady rise in the number of customers in
China’s markets.
Regarding production, as a result of company-wide
improvement efforts, the Group resolved the issue of
deteriorating production yields, which had adversely impacted
operating performance significantly in the previous fiscal year. In
addition, we carried out structural reforms including personnel

Key points of the financial results
for the first half of FY2015

Sales composition
by PCB sales

With strong momentum in the markets, Meiko posted growth bothin sales and earnings by actively implementing countermeasures.
Operating income returned to profitability.

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 41st fiscal term
(year ending March 31, 2016) 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 FY2015(in 100 million yen)

Results for the
first half of
FY 2015

Results for the
first half of
FY2014

473.5

442.3

+31.2

Operating income

5.8(12.6)+18.4

Ordinary income

(3.1)

0.3

(3.3)

Net sales

Year-on-yearchangeSummary

Key points
Net loss
attributable toowners of parent

01 MEIKO REPORT(100.5)(4.9)(95.5)

Achieved growth both in sales and earnings. Boosted operating income with a swing
back to the black.
(Year-on-year basis): 3.1 billion yen increase in net sales; 1.8 billion yen increase inoperating income
Net income marked a deficit of 10 billion yen due to the booking of impairment losses
1. Strong momentum from sales of products for vehicles and smartphones
2. Significant improvement in marginal profit ratios resulting from increased
production yields, lower costs of resources, etc.
3. Cuts in fixed costs and selling, general and administrative expenses throughthe implementation of structural reforms in the second quarter (from July to
September)
4. Three overseas plants achieved a swing back to the black in operating income.

By application :cuts publicized in August 2015 as scheduled. As a result,operating income improved appreciably.
As a consequence of organizational structural reforms andefforts to strengthen its sales base, the Company posted salesof 47.3 billion yen on a consolidated basis for the first six monthsof the fiscal year under review, marking a 3.1 billion yen increase
compared to the same period of the previous fiscal year.
Regarding profit and loss, with improvements in fixed costs andselling, general and administrative expenses, the Group marked
spectacular performance gains with a record 500 million yen in
operating income and a swing to profitability. However, ordinary
loss and net loss attributable to owners of the parent increased
compared to the corresponding period of the year earlier, largely
due to negative impacts from the strength of the yen andimpairment losses booked in the first quarter of the fiscal year
under review.
Our operating performance for the second quarter improved
significantly compared to that of the first quarter, in spite of a net
loss resulting from posting impairment losses. With companywide efforts to resolve poor production yields, we improved themarginal profit ratio, quickly achieved profitability in terms ofoperating income at three overseas plants, and also slashedfixed costs and selling, general and administrative expenditures
through the implementation of structural reforms. We believe thisseries of achievements will lead to the sustainable generation of
earnings in the coming years.

By product :Non-PCB 7%

Non-PCB 7%

Others 13%

PCB for otherapplications
2%

Digital AV 3%
Storage 5%
Smartphones 22%

Net sales
473.5( in 100 million yen )Automobiles
49%

HDI PCB 31%
Six layers or more
16%

Double-sided PCB
8%

Net sales
473.5( in 100 million yen )Four-layer PCB
35%

MEIKO REPORT

02

Interview with the President

Q2

Please tell us about Meiko Solar Park Fukushima,
which was launched in this quarter?

The Meiko Solar Park Fukushima is a solar power generation facility
that contributes to the region and society.

Q3

What initiatives will you be executing in the second
half of the fiscal year ending March 31, 2016?

The Company aims to achieve a rebound in operating results by increasing
production globally with the focus on vehicles and smartphone-related
markets, which are continuing to show strong momentum.

The Meiko Solar Park Fukushima is a large-scale solar power
generation facility constructed within the Fukushima Plant site.
The Fukushima Plant site has about 40,000 square meters ofidle land that had been planned initially for the construction of
additional plant facilities. However, the Company had foregone
additional construction due to the impacts of the Fukushima
Daiichi Nuclear Power Plant Accidents and reconsidered how
the land would be used. Given the size of the site, the Company
came to the decision that using it as a solar power plant to
supply renewable energy would be optimal because it would
enable the Company to contribute to the region and society by
reducing environmental burdens, and also support its business
operations. So, the Company launched a solar power generation
operation on June 10, 2015, and started selling the electricity
generated to power companies.

In the second half of the fiscal year under review, the Company
forecasts, in the automobile industry, an increase in the numberof vehicles sold, as well as steady growth in demand for vehiclerelated products including better functions for automated driving
and safety, while projecting a stable upward trend in thesmartphone-related product business centered on markets in
China and emerging countries.
Under these circumstances, bearing in mind the Group’s basic
management philosophy, “To contribute to society by providing
customers with the highest value and superior service,” weconsider it imperative to positively address management issues,
to have an accurate understanding of customer needs, and to
expand our business scale globally, in order to enhance
profitability. We will continue to promote the following key
measures, aiming to cultivate new customers in growth markets
and increase orders received from existing customers.
With respect to profitability, we worked actively to raise
productivity, the top-priority issue, having had some successes
that included improving poor production yields in the first half ofthe fiscal year under review. Keeping in our mind that these

Consolidated financial forecasts
for FY2015(in 100 million yen)

FY2015Results for the
first half

Net sales

473.5

Forecasts for thesecond half

457.4

Results for FY2014

Year-on-year change

931.0

909.0

22.0

5.8

18.2

24.0

(28.7)

52.7

Ordinary income

(3.1)

7.1

4.0

10.8

(6.8)

03 MEIKO REPORT(100.5)2.5

Q4(98.0)(95.7)(2.3)

Meiko’s new initiative,

Meiko Solar Park Fukushima

Please give a message to the shareholders
We will strive to maintain stable dividends
and focus on raising corporate value.

We at Meiko regard returning profits to shareholders as one of
our top management priorities, and take business results andother matters comprehensively into consideration for profit
sharing as we work to maintain stable dividends. In order tosecure profits for shareholders in the future, we are making it abasic policy to allocate internal reserves to investments to further
strengthen and improve our business base, and to use them tofurther expand our business.
Regarding the interim dividend payment for the current fiscal
period, we regret to say that it will be postponed in considerationof the consolidated financial results of the first half of the fiscal
year.
We are committed to doing our utmost to carry out measuresthat reward the support we receive from all stakeholders andmeet their expectations, as well as improve operating
performance and raise our corporate value.
We look forward to your continued support and encouragementin the future.
Key business initiatives planned for the second half of
FY2015 ending March 31, 2016

1

Completing structural reforms undertaken

2

Improving financial strength

Full-year forecasts

Operating income

Net income (loss) attributable toowners of parent

achievements should not be transitory, we will underscore ourcommitment to continuously strengthening the management base.

3
4Strengthening operations at Vietnam Plant
Setting target of becoming the No. 1 plant in terms of quality, costs, and delivery

Meiko constructed the Meiko Solar Park Fukushima within its Fukushima Plant
premises with the objectives of reconstructing its Fukushima Plant following
the Great East Japan Earthquake and the nuclear power plant accidents,
and contributing to the region and society by reducing environmental burdens
through the introduction of renewable energy. The facility started power
generation in June 2015.
Meiko Solar Park Fukushima is a large-scale solar power plant, which wasconstructed using 40,000 square meters of idle land within the Meiko’s
Fukushima Plant premises at Hironomachi, Fukushima prefecture. The Company
had initially planned construction of a second plant to increase the operating
capacity of the existing plant, but the project was aborted due to the earthquake
and nuclear power plant accidents, making the Company reconsider using theland for purposes other than plant construction. As a result, the Company cameto the decision that given the size of the site and its geographical features, using
it as a solar power plant to supply renewable energy would be optimal, because
it would enable the Company to contribute to the region and society by reducing
environmental burdens and sustaining its business operations. Consequently,
the Company launched the solar power generation operation.
The solar park’s generation capacity is equivalent to the power consumptionof about 720 ordinary households. Through the power generation operations,the Company intends to contribute to disseminating renewable energy, which
Fukushima Prefecture and Hironomachi have been promoting since the Great
East Japan Earthquake, and the shaping a better global environment andsustainable society.
Outline of Solar Park FukushimaArea

33,813 square meters

No. of solar panels

9,772 panels

Generation capacity

2,492 KW

Assumed generation
capacities per year

( power consumption covering about 720 ordinary households )Generation start dateJune 10, 2015

Hironomachi,
Fukushima Prefecture

2,600 MWh

MEIKO REPORT

04

f

e

a

t

u

r

e

MEIKO N E W SSpecial Report : Meiko’s 40-year history

since its foundation

Meiko reached its 40th anniversary in November 2015 with thelaunch of activities to design patterns and manufacture through-hole
substrates.
The Company’s headquarters have been located in Ayase City,
Kanagawa Prefecture since its foundation, and the business
commenced there at a small factory built by renovating a hen-housewith an area of about 9 tsubo (about 30 square meters).
Forty years ago when game machines using microcomputers
became popular in Japan, the Company was engaged in
manufacturing substrates to meet customer needs, and achieved
rapid growth. In subsequent years, under a customer-centric
principle, the Company undertook the manufacture of multilayer
substrates having functional features at a time when demand forhome-use televisions and mobile phones was high, while focusing
on the manufacture of build-up substrates with a high-density wiring
capability as markets faced strong demand for personal computersand smartphones.

05 MEIKO REPORTWith its listing on JASDAQ in December 2000, the Company
developed its businesses with the focus on global operations. First,
it constructed a mass-production plant in Guangzhou, China, andformulated a production structure capable of handling customer
orders for mass production. Following the move into China, theCompany successfully entered Vietnam and built a succession of
new factories, achieving business expansion. As a consequence,
the Company currently operates four production bases in Japan(Kanagawa, Fukushima, Yamagata, and Ishinomaki), which are
tailored for quick-turn prototype products and flexible production,
while having established global production structures at four
manufacturing bases overseas (Guangzhou, Wuhan, Vietnam, andThang Long), which are for mass production. Consequently, we
have been operating business internationally with business partners
both in Japan and overseas.
The Company’s customer-centric principle has also penetrated thearea of PCB development, having enabled the Company to acquire
cutting-edge technologies. More recently, we developed high-current
and high-heat dissipation PCBs tailored for environmentally friendly
hybrid automobiles and special high-frequency PCBs designed forthe latest smartphone devices. Our R&D division is also engaged injoint research through industry-academic collaborations, pursuing
proprietary technologies.
We are confident that Meiko’s strengths lie in having the adaptability
to respond to changing environments and rapid decision-making,which have remained unchanged since its foundation. Moving
forward following the 40th anniversary, we will work to contribute toour stakeholders and society by continuing to take up the challengeof striving to create “the best,” which is Meiko’s management
philosophy, and enhancing our corporate value.

Age of Internet of Things (IoT)
and Meiko-Meiko’s technologies serve diverse fields-

The Internet has conventionally been used for communication
among people. In recent years, however, people have started
using Internet systems by connecting physical objects to them orfor communication between objects. Called the Internet of Things(IoT), these applications are rapidly becoming popular. The networkof physical objects is spreading throughout the electronics industry.
You will find it in a variety of items used for our daily lives ranging fromautomobiles and digital devices to consumer electric appliances, aswell as security systems of automobiles, smartphones, and wearable
devices.
With a flexible and solid technical base in various fields, Meikofocuses on promoting technologies demanded in the near future.
And, in fact, it has created a number of functional products andcutting-edge technologies that are adaptable to the IoT age.
Let’s take the example of PCBs used for automobiles’ Advanced

Driver Assistance Systems (or ADAS). ADAS provide the following
functions: stopping a car by applying an automatic brake just before
a rear-end collision with another vehicle and controlling the steeringso that the vehicle is prevented from drifting out of the driving lane.
Among ADAS, the PCB used in the support system for preventing
collisions is made from expensive materials with special highfrequency features. However, Meiko has achieved lower costs
and enhanced wiring flexibility with the development of the highfrequency hybrid material PCB. It achieves this by laminating a highfrequency material and a conventional material with its proprietary
technologies, and forming a non-through hole structure.
The Company has also been developing PCBs through theapplication of a molecule bonding technology called Molecular
Direct Metalizing (MDiM) in its most recent research throughindustry-academic collaborations. Application of MDiM technology
enables the manufacture of a super-thin flexible material PCB,
which cannot be produced by conventional manufacture methods.
Because the MDiM has the advantage of forming a PCB withhigh-speed transmission capabilities, it is a very beneficial material
for communication devices such as smartphones and wearable
devices.
The PCB used for the motherboard of a small communication
device, such as a smartphone, is a so-called buildup PCB, which isa super-thin PCB with high-density extra-thin wiring. Meiko’s primaryexpertise has been in manufacturing this PCB. Leveraging thebuildup PCB and proprietary cutting-edge technology, we will drive
the development of a future-oriented PCB, which is adaptable to the
IoT age in the years to come.
MEIKO REPORT

06

Consolidated financial data

Net sales

Consolidated balance sheet

47,351■ FY2015 Interim■■ Full-year

million yen( in million yen )100,000( forecast )End of FY2014( As of March 31, 2015 )( As of September 30, 2015 )( April 1, 2014 to Sept. 30, 2014 )Current assets

51,54751,851

Noncurrent assets

71,41660,07764,91456,201

293

264

6,208

3,611

122,963

111,928

Property, plant and equipment

50,000Intangible assets
Investments and other assets
Total assets0
2012/3

2013/3

2014/3

2015/3Liabilities

2016/3Operating income/Operating margin■ FY2015 Interim

576■■ Full-year● ● Full-year

million yen( in million yen )

(%)

3,000

( forecast )

4

1,500

2

0

0

-1,500-2-3,000-4

2012/3

2013/3

2014/3

2015/3

2016/3

Net income*/Net margin-10,047■ FY2015 Interim■■ Full-year( in million yen )

(%)

6,000

5
( forecast ) 00-5-6,000-10
2012/3

2013/3

2014/3

2015/3

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

07 MEIKO REPORTNet sales

44,23447,351

Cost of sales

40,342

41,662Gross profit

3,892

5,689

Selling, generaland administrative expenses

5,154

5,112

Operating income / loss

(1,261)576

Non-operating income

1,981

120

47,11950,354

Noncurrent liabilities

37,222

34,870Total liabilities

84,341

85,225Non-operating expenses

689

1,005

31,354

20,845

Ordinary income / loss

29

(308)

Capital12,88812,888

Capital surplus

14,80914,809Extraordinary income

029

Retained earnings

4,052(6,456)Extraordinary losses

(396)

77

8,469

Treasury stocks

(396)

7,267

5,856

Loss before income taxes(47)(8,749)

Income taxes

445

1,298

Net income (loss)(493)(10,047)

Loss attributable toowners of parent(493)(10,047)

Net assets

Cumulative other comprehensive income
Valuation difference on available-for-sale securities

131

49

Deferred gains or losses on hedges

(161)

(427)

Foreign currency translation adjustment

7,453

6,442

Remeasurements of defined benefit plans

(155)

(207)

Total net assets

38,622

26,702

Total liabilities and net assets

122,963

111,928( in million yen )First half of the 40th term First half of the 41st term
( year to date )( year to date )( April 1, 2015 to Sept. 30, 2015 )Current liabilities

Shareholders’ equity

Consolidated statement of cash flows( April 1, 2014 to Sept. 30, 2014 )( April 1, 2015 to Sept. 30, 2015 )Net cash generated
from operating activities

923

4,039

Net cash expended
in investment activities(4,594)(932)

Net cash generated
from financing activities

4,725(1,614)The effect of changes
in the exchange rate on cash
and cash equivalents

344

(151)

Net increase (decrease)in cash and cash equivalents

1,398

1,340

Cash and cash equivalents
at the beginning of the period

8,759

9,490

—

363

10,157

11,194

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● ● Full-year

million yen-12,000( in million yen )First half of the 40th term First half of the 41st term
( year to date )( year to date )Assets( in million yen )Consolidated statement of income

At the end of the second quarterfor the fiscal year under review-15

Key points in the financial results• Consolidated balance sheet
Total assets at the end of the second quarter of the fiscal year under review were111,928 million yen on a consolidated basis, a decline of 11,035 million yen from theend of the previous fiscal year. Total liabilities were 85,225 million yen, an increase of 884
million yen from the end of the previous fiscal year. Net assets were 26,702 million yen, adecline of 11,919 million yen from the end of the previous fiscal year.
The primary causes of the substantial decline in total assets and net assets wereimpairment losses booked at the end of the first quarter of the fiscal year under review.

• Consolidated statement of income• Consolidated balance sheet

Net sales amounted to 47,400 million yen, an increase of 3,100 million
yen compared to the corresponding period of the previous fiscal year.
In terms of profit and loss, operating income marked 576 million yen,a swing back to profitability, but the strong yen and other factors
generated negative impacts, resulting in an ordinary loss of 308 million
yen. Net loss attributable to owners of the parent amounted to 10,000
million yen, due mainly to the booking of extraordinary losses including
an impairment loss of 8,100 million yen in fixed assets.

Net cash generated from operating activities in the first six months of the fiscal year under review was an inflow of
4,039 million yen (vs. an inflow of 923 million yen in the corresponding period of the previous fiscal year), while net
cash expended on investment activities was an outflow of 932 million yen (vs. an outflow of 4,594 million yen in
the same period of the previous fiscal year), resulting in a net inflow of 3,107 million yen as free cash flows.
On the other hand, cash outflows in financing activities marked 1,614 million yen (vs. cash inflows of 4,725 million
yen in the same period of the previous fiscal year), mainly due to repayments of borrowings. However, total cash
flows posted an inflow of 1,704 million yen, showing a recovery in financial strength toward profitability.

MEIKO REPORT

08

Global network

Corporate Data ( as of Sept. 30, 2015 )Meiko’s production and sales systems
that meet global customer needs
Production Base
Sales Bases

Corporate Profile
Name

MEIKO ELECTRONICS CO., LTD.

Number of Shares Authorized

63,200,000shares

Established

November 25, 1975

Number of Shares Issued

Headquarters

5-14-15 Ogami, Ayase, Kanagawa

26,174,076shares( excluding treasury stock of 629,244 shares )6,537

Capital12,888 million yen

Number of Shareholders

No. of Employees

10,007 (consolidated)(Japan: 807) (overseas: 9,200)

Principal Shareholders

R&D Base
Affiliated Companies

Stock Information

Outline of Business

Design and manufacturing and sales of
PCBs and auxiliary electronics business

4,700

18.0

PLEASANT VALLEY

631

2.4

Yuichiro Naya

Meiko Kosan Co., Ltd.

608

2.3

Director and Senior Managing Executive Officer

Seiichi NayaYuho, Ltd.

521

2.0

Director and Senior Managing Executive Officer

Takahide Hirayama

Haruyuki Naya

488

1.9

Director and Senior Managing Executive Officer

Masakuni Shinozaki

Seiichi Naya

442

1.7

Director

Kunihiko Sato

SBI SECURITIES Co., Ltd.

427

1.6

Director

Maren Schweizer

BNY GCM CLIENT ACCOUNTJPRD AC ISG(FE–AC)

412

1.6

Director

Yoon Ho, Shin

Tatsuo Kagawa

408

1.6

Senior Corporate Auditor

Hitoshi Iyomoto

HILLCREST, L. P.

379

1.5

Audit & Supervisory Board Member

Hiroshi Tsukii

Audit & Supervisory Board Member

Yasunobu Koshimura

Executives
Meiko Electronics Europe GmbH

President & CEO

Shanghai Sales Office

Tianjin Sales Office

Meiko Electronics America, Inc.

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

Taiwan Branch
Yamagata Factory( Meiko Electronics (Guangzhou Nansha) Co., Ltd.)( Yamagata Meiko Electronics Co., Ltd.)

Ishinomaki Branch Factory

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

Overseas Sales Department

Vietnam Factory( Meiko Electronics Vietnam Co., Ltd.)

Omiya Sales Office
Meiko Tech Yokohama Branch Office

Fukushima
Factory

Nagoya Sales Office

Meiko Elec. Hong Kong. Co., Ltd

Osaka Sales Office

M.D. Systems Co., Ltd.

09 MEIKO REPORT

Kanagawa Factory
1st PCB Sales Dept.

Meiko Tech
Osaka Head Office

2nd PCB Sales Dept.

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

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

Affiliated Companies
Headquarters

Thang Long Factory( Meiko Electronics Thang Long Co., Ltd.)

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

Name of Shareholder

High-Performance
PCB Sales Dept.
Research andDevelopment Dept.

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

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

Distribution of Ownership among Shareholders

Individuals and others

68.0%

Foreign institutions and others 11.4%
Financial institutions

7.9%

Other institutions

6.0%

Financial instruments business operators

4.4%

Treasury stock

2.3%

MEIKO REPORT

10

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

Fiscal Year

Annual Shareholders’ June
Meeting
Record dateYear-end dividends: March 31
Interim dividends: September 30
Administrator of
1-4-1, Marunouchi, Chiyoda-ku, Tokyo, Japan
shareholders register Sumitomo Mitsui Trust Bank, Limited
and special accountmanagement
institution
Handling office of
1-4-1, Marunouchi, Chiyoda-ku, Tokyo, Japan
Administrator of
Stock Transfer Agency Business Planningshareholders register Dept., Sumitomo Mitsui Trust Bank, Limited
168-0063
2-8-4, Izumi, Suginami-ku, Tokyo
Stock Transfer Agency Business Planning
Dept., Sumitomo Mitsui Trust Bank, Limited( Inquiries by telephone )0120-782-031( Mailing Address )Stock exchange

JASDAQ (Standard), Tokyo Stock Exchange

Method of public
noticeElectronic public notice in our official page In theevent of an accident or other unforeseen events thatprevent publication of the electronic public notice, itwill 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.

Introduction to
Meiko Website

TOP page

Introduction of our products ( A Lot of MEIKO around You )For our latest IR information, news releases, and other information including details on our
products and CSR activities, please visit the Company website. You can visit theCompany website to find other useful information as well.

Headquarters
URL:

Meiko

CSR Report

Searchhttp://www.meiko-elec.com/

5-14-15, Ogami, Ayase, Kanagawa 252-1104, Japan
Tel: 0467 (76) 6001 (switchboard)
http://w w w.meiko-elec.com/

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.

This publication is made from vegetable oils and FSC® certified paper forenvironmental conservation. It adopts universal design fonts for ease of reading.