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Top Message

We would like to express our sincere gratitude to our shareholders and investors for the exceptional support.

In terms of the business overview for the fiscal year ended March 2021, the widespread COVID-19 mainly caused the sluggish amusement machine market and the restraint and postponement of development investment by some customers. As a result, a part of the demand for the mainstay product "RS1" in the LSI product business was pushed back to the next fiscal year, and sales in the IP core license business and the professional service business declined significantly from the previous fiscal year. Accordingly, net sales decreased year on year, and operating loss, ordinary loss, and net loss attributable to owners of the parent were recorded.
In terms of business activities, we have focused on building a foundation for medium-term growth by enhancing our technology and product portfolio and expanding our monetization model in the focused fields of safe driving assistance and robotics. In May 2021, we formulated a medium-term business plan that targets net sales of 2,500 million yen and operating income of 200 million yen for the fiscal year ending March 2024.

In order to become a world-leading "AI Computing Company," we will contribute to solving issues faced by customers and society by providing AI solutions that leverage our strengths in integrated development of AI algorithms, software, and hardware. We will also strive to meet the trusts from our shareholders by achieving the goals of our medium-term business plan.

We would appreciate your continued support.

June 18, 2021
Tatsuo Yamamoto, Chairman & CEO
Tsuyoshi Osawa, President & COO

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