Fiscal Year Ending March, 2024 2Q Financial Results Search “F-Tech” on the internet https://www.ftech.co.jp November 8th, 2023 F-TECH INC. Ticker : 7212目次法律制制度Financial  Summary無編子の悪Earnings Forecast経長官職員でManagement Strategy 4トピックスTopics
Copyright(c) 2023 F-TECH INC. All Right Reserved
2目次法華介用語Financial  Summary普通行不規Earnings Forecast高熱熱帯で作品Management StrategyトナックスTopics
Copyright(c) 2023 F-TECH INC. All Right Reserved

Sales have shown an increase, yet the profit level has experienced a decline when compared to the corresponding quarter of the previous vear. As for the exchange rate, the JPY is displaying a trend towards depreciation.
Copyright(c) 2023 F-TECH INC. All Right Reserved
4-
(Unit : Million) 200,000 Consolidated Sales by Segment(Amount) 121,260 139,303 (Japan) +1.6%
New orders were secured in the North American and the Japanese markets, contributing to an upturn in revenue. Nevertheless, revenue faced a decline in Asia, attributed to an abrupt transition towards electric vehicles in China. 5
(Unit : Million Yen)
The operating loss amounts to 1.29 bn yen, indicating a decline in operating profit by 0.2 bn yen compared to the same quarter last year. In the North American market, operating profit has been improved compared to the corresponding quarter last year, yet the operating loss still reached 1.48 bn yen. In the Asian market, the decrease in operating profit compared to the same quarter last year is attributed to reduced production in China. 6
Increase in revenue and profit was attributed to the reception of new orders from TOYOTA and the improved production  volume following the resolution of the semiconductor chip shortage.
(Unit : Million Yen) 0 7
(Unit : Million Yen)
Mar.202 Quarterly Trends ▲ 118 1,283 3Q 4Q The increase in revenue was a result of securing new orders and the improvements in mass production following the resolution of the semiconductor chip shortage. Profit declined due to rising labor costs amidst a tight labor market. 8
Operating Profit (Unit : Million)
The decrease in both revenue and profit is attributed to the abrupt transition towards electric vehicles in the Chinese market.
Copyright(c) 2023 F-TECH INC. All Right Reserved
9
2,180目次共有力学Financial Summaryき編デ想Earnings Forecast高熱性を作品Management StrategyトピックスTopics
Copyright(c) 2023 F-TECH INC. All Right Reserved

The sales have increased, however, the profit level has decreased compared to the previous forecast. As for the exchange rate, the JPY is displaying a trend towards depreciation.
Copyright(c) 2023 F-TECH INC. All Right Reserved
12
Consolidated Sales by Segment (Amount) FY Mar.2024 Previous  Forecast FY Mar. 2024 Updated (Unit : Million Yen) Sales Share（%）
FY Mar. 2024 Previous Forecast FY Mar. 2024 Updated Change in Consolidated Sales
Although revenue increased due to the impact of foreign exchange conversion, actual revenue decreased in reality.
Copyright(c) 2023 F-TECH INC. All Right Reserved

(Unit : Million Yen)
The operating loss stands at 3.7 bn yen, signifying  1.9 bn yen decrease in profit compared to the previous forecast. In the North American market, the operating profit was 1.17 bn yen, indicating 2.7 bn yen decrease in profit from the previous forecast. There has been an increase in profit in Japan and China. 14
3,700
15目次共産業界展Financial Summary無編で想Earnings Forecast経営業界Management Strategy |トックスTopics
Copyright(c) 2023 F-TECH INC. All Right Reserved

Growth Company policy We contribute to society by improving earning power and achieving sustainable growth.
Challenge for New
● Strategically pursue growing business opportunities -Expand Added Value through Strategic Sales Activities -Expand EV commercial rights - Maximize development efficiency -Establish new technology Establishment of sustainability Management -Strengthen ESG management initiatives -Promote the realization of carbon neutrality -Improve evaluations by stakeholders The 16th mid-term business plan (FY26-FY28) Targets to achieve : Operating profit ratio 5% “Mono-zukuri” (Manufacturing) Earning profit
Back to Basic
Reducing Debt
● Enhancing earning power
● Improving financial structure
-Develop F-Tech's integrated support to sites with issues -Increase profits by strengthening competitive advantage -Improve staff engagement -Develop human resources who can take an active role in the F-Tech family -Recovering return on invest of 14 mid-term term -Control of Investment amount -Reinforce of the monitoring system for the profit situation of each site 17 n Mid-term Business plan : ening earning power - Integrated support for problem sites
◆Engineer supports to North America
• Tight supply and demand in the labor market : The retiree due to COVID-19 have not returned in the market. Staff shortage and rising labor costs are worsening. • Technical support throughout the group      →  Increase the profits by pursuing the essence of manufacturing.
Integrated Support A total of 40 supporters were dispatched for 60 days.
profit generation Japan Mexico Canada China Copyright(c) 2023 F-TECH INC. All Right Reserved The 15th Mid-term Business Plan : Strengthening earning power - Improving engagement / human resource development ◆Started the measure to improve engagement by the president 1. F. Career Design Advance Create opportunities for the president and employees to have free discussions and encourage growth. The president talks about the company's vision, issues, expectations for employees, etc., and freely exchanges opinions. 2. President's message video The president shares the company's status, policies, and latest information to all employees.
◆Other measures
1. Individual engagement improvement measures by each department Development measures based on survey results and carried out by committee. 2. Interviews by executive officers with employees of other divisions The aim is to increase employee's motivation and broaden the horizons of both parties. 3. Human resources measures •Fostering voluntary reassignment through an open recruitment system. •Re-evaluation of retired employee. •Promoting women in management positions. •Evaluating processes through personnel evaluation, promoting interviews •Started of trainee exchange with overseas sites The source of earning power is "people". Reborn as a profitable group that thinks and acts on its own
19
Harvesting Results from the 14th Mid-Term Plan Investments F&P MFG DE MEXICO, S.A. DE C.V. *Conversion exchange rate: FY2022 ：132 Yen to US Dollar From FY2023 : 139.4 Yen to US Dollar Invested approximately $100 million during the 14th mid-term business plan to the orders for 4  vehicle models (including 3  EV models) from 3  automakers. ※The details of Investment: The building expansion 10M, Expansion of forming & painting capacity 21M, Welding line for new models, etc. 67M) Details of Investment Status Done smoothly and the installation was completed in preparation for mass production. The production of new mass-produced models has started smoothly. Results ( Sales ) Share by Customer
Status
FY2022 27-Billion Yen FY2023Forecast 40Billion Yen : 43.0% ・GM : 22.9% • Te •Honda : 17.6% • Ste : 4.1% Sales increased due to production of new models, and profits steadily increased. It grows into our company's mainstay of earnings 20 15th Mid term Business Plan : Pursue growing business strategies Only some of the car models are shown that were started in the first half of 2023 F-tech aims to start production of other models and continue to receive orders through” increased added value from strategic sales activities” and “expansion of EV commercial rights” Started production of products for LEXUS LBX! Annual plan: 10,000 units Started production of products for Japanese compact cars! Annual plan: 120,000 units Started production for GM BEV ! Chevrolet Blazer EV Chevrolet Equinox EV Annual plan:  130,000 units 21

Sustainability Policy
Based on Mission Statement, Corporate Philosophy and Our Action Guidelines, we are committed to solving global challenges and enhancing our corporate value through business activities aimed at realizing a sustainable mobility society.
Basic Policy on Carbon Neutrality
Together with society and our customers, we aim to realize a decarbonized society through our contribution to mobility. O We aim to realize carbon neutrality for CO2 emissions (Scope1/2) used in our own manufacturing area by 2035. O We will challenge to achieve net-zero CO2 emissions throughout our entire business, including the supply chain.
Decarbonization in Business
•	Promotion of energy conservation and electrification •Gradual introduction of renewable energy and low- carbon electricity •Plan to introduce large-scale, high-efficiency facilities
Contribution to a Mobility Society
•Manufacturing products that meet customer needs •Reduction of environmental impact over the entire vehicle life cycle based on LCA evaluation We will promote global efforts to achieve the goal of "carbon neutrality in our manufacturing area" by 2035.
Copyright(c) 2023 F-TECH INC. All Right Reserved
22
2022 2035 Achieve Carbon Neutrality in our production area by 2035, and throughout our business including the supply chain by 2050. 24
To "eliminate the risk of non-compliance with the criteria for listing on the prime market" and to concentrate our management resources on “medium to long-term profit improvement and strengthening of our financial position“, We have decided to move to standard market on October 20, 2023
•Low profit level after FY2020/3 due to the effects from covid-19 and semiconductor shortages. • Profit levels and a reluctance to buy automotive sector stocks kept stock prices low. •As a results, ROE and PER are low and PBR is only 0.2x. •On the other hand, even when ROE is in the 11% range, PBR is at the 0.6-0.7x level and the stock price is at a discount level. An approach from both aspects of profit improvement and stock price enhancement is necessary. Execute the 15th Mid-Term Business Plan to "strengthen earning power" and develop "measures to improve stock price" in line with profit levels. 25目次共産主職職Financial Summary普通子標Earnings Forecast高部地名Management Strategy 4トピックスTopics
◆ Exhibit at Nikkei IR and Investor Fair 2023 Exhibited at Nikkei IR & Individual Investor Fair  held at Tokyo Big Sight on September 1 (Fri.) and 2 (Sat.), 2023. Company presentations, product displays, and leaflet distribution at the booth. . Company information sessions: 6 times a day, 12 times in total. Participants: 206 in total PR was conducted through the event.
Drive activity will be held
Food drive in tie-up with Saitama Resona Bank, Ltd. A joint presentation ceremony is scheduled to be held at the Company on Wednesday, November 22. ※Photo shows last year.
◆Clean-up activities
The company aims to contribute to local communities and raise employees' awareness of CSR, We conduct a variety of clean-up activities every year at our global locations and in Japan. We are contribute to society and local communities through various activities 27
ご清聴ありがとうございましたThank you for your attention!本資料で記述している将来予測及び業績予想は、現時点で入手可能な情報に基づき当社が判断した予想であり、潜在的なリスクや不確実性が含まれています。そのため、様々な要因の変化により実際の業績と記述としている将来見通しは、大きく異なる可能性があることを御承知おき下さい。 The future outlook and earnings forecasts in this document are made based on the information available at the moment, and they include potential risks and uncertainties. As a result, please bear in mind that actual business performance may substantially differ from the stated future forecasts due to changes in various factors. 「エフテック」で検索https://www.ftech.co.jp Management Planning Division General Affairs Department/Finance and Accounting Department webmaster@ftech.co.jp "If there is a difference between the Japanese version and English version, please consider the Japanese as the correct one.
Establishment (1947-1964) 4 wheel business Business expansion Global expansion (1965-1987 (1988-1999) 1964 Renamed to Fukuda Press Kogyo 1947 Fukuda Seisakusho Established and metal toy 4 wheel parts production begins 1991 1988 1999 1997   Daihatsu business starts Dyna-Miq operation begins 1996 Listed on over-the-counter market 1995 F&P America operation begins Mitsubishi business starts 2014 R&D NA Europe  Branch established 2013 PT.F.TECH INDNESIA established Michigan/R&D NA Office  established Exchange 2012 F&P MFG.DE MEXICO established Local Fuyan Mould CO., Ltd established 2023 2011 F.tech R&D (Güangzhou) INC established 2008 Ftech R&D Philippines established 2006. Transition to New "Prime Market" E-TECH MFG (THAILAND) operation begins Of theTokyo Stock Exchange Listed on the first section of the Tokyo Stock Exchange 2021 2004  F-tech WUHAN Inc. operation begins 2003  R&D North America established 2002  F-tech Zhongshan Inc operation begins. Joint investment in VEE GEE Auto Components Pvt Ltd. 2001   TOYOTA North America business starts Suzuki business starts Listed on the second section of the 2018 Tokyo Stock Exchange F-TECH AUTOMOTIVE 2000   Nissan Motors business starts COMPONENTS PRIVATE LIMITED F&P Georgia Mfg.,Inc established (2000- current) 2023 Transition to Standard Market on the Tokyo Stock F-TE@H NORTH AMERICA ING. established 2022 Acquire shares of India Steel Summit and consolidate as a subsidiary. TOYOTA MOTOR CORPORATION business starts 2020 established
Our products are critical safety auto parts which perform fundamental functions, “Drive”, “Turn” and “Stop”. We aim at the optimal specifications considering the higher operation stability, riding comfort, and safety at the time of the collision.
-Our Business Outline  (Chassis Parts Development and Production) All processes, from product planning and development to mass-production, are carried out through F-TECH’s proprietary integrated processing system, which enables F-TECH to supply products that own competitiveness, even in short time frame.
●【Facilities】 ●【Group Companies】 Head Office・Kuki Plant Fukuda Engineering Kameyama Plant Kyushu F.tech Inc. Haga Technical Center Reterra Inc. Equipment Center ●【Affiliated Companies】 Johnan Manufacturing Inc. Johnan Kyushu Manufacturing Inc. Johnan Manufacturing Inc Reterra Inc. (Chichibu) Haga Technical Center Equipment Center (Kazo) Head Office・Kuki Plant Fukuda Engineering Co., Ltd (Kazo) Johnan Kyushu Manufacturing Inc. Kameyama Plant
● Production plants North America (6) China (2) Asia (4) ● R&D, Sales facilities North America (3) China(2) Asia (2) F-tech has 12 production plants and 7 R&D, Sales facilities in 8 countries.
Copyright(c) 2023 F-TECH INC. All Right Reserved

North America (2) Asia (3) South America (2) Asia (6) China (1) China (3) We have established optimal business partnerships in 6 countries and 1 region in order to supply our products globally. Copyright(c) 2023 F-TECH INC. All Right Reserved