The SHINDEN HIGHTEX Group operates businesses in the electronics industry. In this sector, some products are in short supply due to geopolitical risks, U.S.-China trade friction and the progress in the change between generations of memory technology in the semiconductor market, when major manufacturers are shifting their production capacity from the previous generation of memory to the next, even as demand in advanced areas such as artificial intelligence (AI) and cloud technologies remains steady. These changes in external conditions have made ensuring the stability of the supply chain while incorporating the evolution of technologies at the same time a severe management challenge.

The SHINDEN HIGHTEX Group has been reforming its revenue structure since the fiscal year ended March 31, 2021. The current fiscal year is the year that we will complete these reforms. Working to optimize our management resources and continually increase our corporate value, we will better balance our sales composition to optimize our business portfolio. In doing this, we, as an electronics trading company, will continue to develop both our procurement capabilities (sourcing and inventory operations matched to the global supply and demand situation) and our technological response capabilities (our ability to support design, evaluation and start of mass production activities) and increase the value of our presence as we help customers with their development and production activities.
While steadily reinforcing our existing businesses, we are proactively working to enter new markets with growth potential, such as the data center, AI, Internet of things (IoT) and other digital transformation and green transformation markets. Through these initiatives, we will construct a well-balanced business mix consisting of businesses in various domains to establish a foundation for stable growth that enables us to respond flexibly to changes in external conditions.

We will continue to maintain our sound financial footing, implement management that is conscious of the cost of capital, strictly manage risk, flexibly invest in business, and review and appropriately return profit to our shareholders. I hope that shareholders and investors will continue to look forward to our continuous growth and the medium- and long-term increase in our corporate value.

President
Atsushi Suzuki