Enplas Corporation (Securities code:6961) Working for a Better Tomorrow Business Report 2024 April 1, 2023 to March 31, 2024 olas
Core Values
Contents
01. Corporate Philosophy 02. To Our Shareholders 04. Consolidated Performance 05. Outline by Businesses 06. ESG 07. Special Feature 1 : Construction of New Building (Innovation Center) 08. Special Feature 2 : Cash Allocation 09. Corporate Profile/Stock Information / Memorandum for Shareholders 10. Global Network Domestic Network Appendix. Global Network Overseas Network Mission Deliver value for a sustainable future through world class technology Management Policy Build and lead a competitive advantage for essential markets through strengthening organizational capabilities
Core Values
Trust is our foundation · Valuing the diversity of people and ideas · Acting with high ethical standards · Co-creating innovative solutions
Our various corporate activities, as a solution provider for essential markets, are carried out to help realize a better and sustainable future for society. Daisuke Yokota. President What was your business performance during the 63rd term and your thoughts on the policy for the future? Total consolidated sales for this term were 37,805 million yen (down 10.5% YOY); operat- ing income was 4,645 million yen (down 47.3% YOY); and ordinary income was 5,263 million yen (down 40.1% YOY). Profit attribut- able to owners of parent was 3,443 million yen (down 25.5% YOY). The business performance of each segment is outlined on page 5. We are facing various changes such as rising business costs, geopolitical risks, natu- ral disasters, and exchange rate fluctuations. We are transforming our business portfolio from consumer products into the essential business fields, which is infrastructure appli¬ cation and more resilient to change. We define as essential business fields that enhance quality of life (QOL) for people and the planet, specifically those that reduce envi- ronmental impact and support healthy, safe, secure, and comfortable lifestyles. And we ac- celerate to turn its business model into solu- tion provider that create unique “value for customers" that delight them. Thus, we have chosen “Execute value-add- ed strategy" as our basic management policy for the 64th term.
What are your thoughts on
construction of new building?
We commit to keep creating valuable prod- ucts that delight our customers. This is essen- tial to achieve our corporate philosophy through enhancement of our corporate value. New building will be the core center of R&D to accelerate processes from identifying cus- tomer issues to valuable proposal for solving them. We aim to establish a work environment that puts safety and security first, boosts pro- ductivity and supports diverse work styles. Please see page 7 for details of the Con- struction of New Building.
What is your shareholder
return policy?
We are committed to maintaining robust finan- cial health through sound and effective busi- ness management. Our basic policy on share- holder returns is to give back the fruits of our achievements to shareholders in tangible form. Taking into account the basic policy above and our business performance this fiscal year, we have decided to issue an interim dividend of 30.00 yen per share, and a year-end divi- dend of 30.00 yen per share, for an annual total of 60.00 yen per share.
What else would you like to
share with shareholders?
Since our founding, Enplas Corporation has worked with customers around the world to contribute to develop a prosperous society by advancing the development of materials, pro- cess engineering, and evaluation technology, and by creating and mass-producing products previously thought impossible. Our business, which began with replace- ment of metal gears, has since expanded into a wide range of fields spanning semiconduc- tors, life sciences, mobility, and high-speed fiber-optic communications, in which we lever- age the technological foundation we have de- veloped throughout our history to deliver solu- tions that add value to our customers. Currently, a number of challenges are aris- ing as we strive to ensure a sustainable future, including environmental issues, popula- tion aging, and an increasingly sophisticated information-based society. In our essential business fields that enhance QOL for people and the planet, we will continue to develop and apply solution-based technologies that help solve these societal challenges and con- tribute to a sustainable society. Even in today's world, where non-linear change is the norm, we will continue striving to solve the future challenges of a broad range of industries by further refining our technological capabilities and maintaining a sense of speed that allows us to respond swiftly to changes. Moving forward, we appreciate and look for- ward to the continued support and encour- agement from all our shareholders.
1 ■Consolidated Profit attributable to owners of parent Distribution of Profits The dividend per share is 60.00 ven It is our fundamental policy to distribute the fruits of our management activities to our shareholders in a clear manner. We set the annual dividends per share including the interim dividends to 60.00 yen based on the future earnings forecasts with stable redistribution on our mind. 3 Amount of Capital Investment/Depreciation Expense/… Research and Development Cost 4 (Millions of yen) ■Dividends 2
Sales of test socket and burn-in socket products due to continued market decreased are adjustment in server and mobile applications. Life Science Business Sales of genetic testing products decreased due to customers’ production adjustment. We aim to turn a profit in 2025.3 by reviewing cost structure drastically.
Digital Communication Business
In optical fiber lens, sales increased due to growth in high-end area such as AI applications. Sales of diffusion lenses for LEDs remained slow due to the continued decline in demand in the LCD TV market.
Energy Saving Solution Business
Sales of automotive components increased due to a recovery in automobile production and expansion of low-noise and high-efficiency gear solution business for automotive electrification.
Environment
Environmental Policy
Social
Enplas Quality Policy
Governance
Corporate Governance Policy

Enplas is actively engaged in environmental protection related activities across all aspects of the manufacturing process. 1. We set environmental targets, built a company-wide environmental management system in order to achieve them, and continually work for improvement. 2. Through the rationalization and improvement of the business, we will reduce of the environmental burden and promote energy conservation (reduction of power usage/ CO 2 emissions). 3. We will promote the reduction and recycling of waste plastic. 4. In cooperation with suppliers we will strive to reduce the environmental impact of our supply chain. 5. We will comply with all environmental regulations and environmental agreements. 6. We will strive to prevent the emission of pollution from our corporate activities. 7. As members of society, we will contribute to the protection of the environment. Gaining customer trust and appreciation by supplying superior quality products and services globally. 1. We commit to meet the global market needs and contribute social growth with the quality assured by the advanced technology based on the engineering plastics. 2. We commit to gain customer trust with complying with laws, regulations, and customer requirements. 3. We commit to maintain the quality foundation that can respond to any changes by improving our quality management system continuously. Revised June 10, 2020 The corporate philosophy, embodying management policy, corporate culture, and corporate ethics, clarifies the corporate mission of contributing to society and forms the basis of corporate governance. In accordance with the corporate philosophy and to create sustainable increases in corporate value. Enplas is enacting the corporate governance policy and will endeavor to ensure ongoing enhancement of corporate governance. (05)
Purpose of Construction of New Building ● Transform our Business Model to “Solution Provider" ● Create Sustainable Value in Essential Business Fields ● Cultivate Corporate Culture “Pursuing Novelty”
Outline of New Building
Realization of functional evaluation that reaches customer issues ▷Adapt to various development themes by renovating laboratory layout ▷Establish co-creation environment by concentrating human resources and infrastructure
� Workplace improvement
▷ Improve human capital through experience of a wide range of projects, learning knowledge, technology and people in various fields ▷Minimize BCP Risk and Reduce energy consumption
▷Strengthen competitive advantage for recruitment Prioritize investments in new business, creating innovation and growth areas Cash Flows from Operating Activities 21 billion yen (Total of last three years) Enhancing Corporate Value ROE10% or more Investment 29 to 35 billion yen (3 years total*) *3 years total: 2025.3 to 2027.3 Dividend Policy: Stable Dividend Cash on Hands Cash on hands After Investment 9 to 15 Billion Yen Cash flows from Operating Activities Transition to more essential areas ▷ Semiconductor ▷Life Science ▶ Optical fiber lens →Aim market growth + α
Foundation Business
▷ LED diffusion lens ▷Energy Saving Solution →Improve profitability by boost productivity and transform its business category
Investment items
New business / Creating Innovation Environmental Investment (16 to 18 billion yen) ▷ Innovation Center (in Saitama Shintoshin) ▷Reduction of environment impact →Enhancing Corporate Value for the future Investment in Growth area (7 to 10 billion yen) ▶Essential Business Field ▷IT System →Profitability Improvement Other Capital expenditures (6 to 7 billion yen) ▷Mold Investment ▶Replace aging equipment →Productivity Improvement

Corporate Profile
(As of March 31, 2024)
(As of June 21, 2024)
Directors and Executive Officers

Director (Audit committee member) : Shigeo Kutsuzawa
Memorandum for Shareholders

: April 1 to March 31 of the year following Annual general meeting of
Shareholder registry Administrator : June of each year : Mizuho Trust & Banking Co., Ltd. 1-3-3 Marunoichi, Chiyoda-ku, Tokyo Mailing address/contact information Record date : Stock Transfer Agency Department, Mizuho Trust & Banking Co., Ltd., 8-4 Izumi 2-chome, Suginami, Tokyo 168-8507. Japan  Toll-free: 0120-288-324 : March 31 for voting at annual general meeting of shareholders Method of public notice : Electronic notification (https://www.enplas.co.jp/) If public notification by this method is not possible, the public notification will appear in the Nikkei newspaper. The balance sheet and the profit and loss statement are disclosed to the public in place of the mandatory financial statements via EDINET (https://disclosure2.edinet-fsa.go.jp/). Stock Listing : Tokyo Stock Exchange, Inc.,
Stock Information

■ Distribution of Shares by Shareholders ■ Individuals, others 3,501,386 (36.0%) ■ Financial institutions 3,148,331   (32.3%) ■ Other corporations (3.8%) 374.598 ■ Foreign corporations, etc. 1,475,683 (15.2%) ■ Securities firms 328,523 (3.4%) ■ Treasury stock 904,376 (9.3%) (As of March 31, 2024) 09
Global Head Office 9F, Shin-Marunouchi Center Building, 1-6-2 Marunouchi, Chiyoda-ku, Tokyo Headquarters 2-30-1 Namiki, Kawaguchi City, Saitama - Kanuma Plant Kawaguchi City, Saitama · Headquarters · Enplas Laboratories, Inc. ·QMS Co., Ltd. · Enplas Semiconductor Peripheral Corporation Peripheral Corporation
■ Overseas Network
Global network based on customer trust and superior technology
The "Enplas" group is in business 24 hours a day through our global network with locations in Asia, North America and Europe. Through our global network, we build partnerships based on trust with top manufacturers in various industrial arenas from planning and development stages. Enplas (Europe) Ltd. /UK Enplas (Deutschland) GmbH. /Germany Enplas Niching Suzhou Enplas (Italia) S.r.L /Italy Co., Ltd /China Enplas America, Inc.  /USA. Enplas Tech Solutions, Inc.  /U.S.A. Enplas Microtech, Inc. /U.S.A. Enplas Life Tech, Inc Enplas (Vietnam) Co., Ltd. /Vietnam Enplas Corporation /Japan Enplas (Israel) Ltd. /Israel Enplas (U.S.A.), Inc. /U.S.A. Enplas Electronics  (Shanghai) Co., Ltd. /China Enplas Niching Technology Corporation /Taiwan Enplas Semiconductor Peripherals Philippines, Inc. /Philippines Guangzhou Enplas Mechatronics Co., Ltd. /China Enplas Precision (Thailand) Co., Ltd. /Thailand Enplas Hi-Tech (Singapore) Pte. Ltd. /Singapore Enplas Semiconductor Peripherals Pte. Ltd. /Singapore
Enplas Corporation
Address: 2-30-1 Namiki, Kawaguchi City, Saitama 332-0034, Japan Tel: +81-48-253-3131 Fax +81-48-255-1688 https://www.enplas.co.jp/english/ Eary to trad universal design fonts that are used. The corporate webpage provides a wide range of the latest information. including a corporate overview, business and financial information, and press releases. Please take a look at the corporate webpage. ■https://www.enplas.co.jp/english/ir/ ■ Investor Relations Page.