We have partially renewed the homepage of Seiwa Electric Co., Ltd. In order for shareholders and investors to view it, we have enhanced the IR information by providing not only traditional product and technology information but also more detailed company information, financial information, and non-financial information. For more details, please check our website. https://www.seiwa.co.jp/

We would like to inform you that at the board of directors meeting held today (December 27, 2019), it was resolved to change the fiscal year-end, conditional upon the approval of the "Partial Amendment to the Articles of Incorporation" at the 72nd Annual General Meeting of Shareholders scheduled for late June 2020. 1. Reason for the Change: Our business year runs from April 1 to March 31 of the following year. However, due to the nature of our information equipment and lighting equipment businesses, the period from January to March is a busy season each year. Therefore, we aim to mitigate the impact of seasonal factors on performance, improve operational efficiency, and enhance management transparency through timely and appropriate disclosure of management information by changing the fiscal year-end. 2. Details of the Change: Current: March 31 each year; After Change: December 31 each year. (Note) The 73rd fiscal year, which will be a transitional period for the change in fiscal year-end, is expected to be a nine-month period from April 1, 2020, to December 31, 2020. Additionally, we plan to implement similar changes for consolidated subsidiaries whose fiscal year-end is not December 31. For more details, please check our company website.

We are pleased to announce that Seiwa Electric Co., Ltd. was listed on the First Section of the Tokyo Stock Exchange on March 9, 2018. Our company’s stock has been designated as a First Section issue from the Second Section of the Tokyo Stock Exchange, and we would like to inform you of this development. We sincerely appreciate the warm support from many stakeholders, including our shareholders, customers, and business partners. Moving forward, we will strive to expand our business and enhance our corporate value to meet your expectations, and we kindly ask for your continued support.