Congratulatory Remarks to the FY2023 New Employees (Summary) April 3, 2023 Fujikura Ltd. I would like to congratulate all of you on joining our company. As the representative of all employees in the Fujikura Group, I am delighted to have the opportunity to welcome all of you as our young and spirited employees who will perform the work of the Fujikura Group from this day onward. Contributing to Society as the Technology Leader This year marks 139 years since our company was founded in 1885. Since our founding, we have met the expectations of our customers and contributed to the development of society despite the many difficulties we faced. Under our corporate philosophy MVCV, our mission is "The Fujikura Group's mission is to create exceptional value for our customers around the world using "Tsunagu" (the Japanese word meaning "connecting") technologies", we have made many contributions to society and customers, particularly in the fields of telecommunication, energy, electronics, and automotive. I believe we have achieved this because our company's DNA, nurtured over its long history, is truly the technology. Although the environment around us is changing faster and more rapidly than ever before, we will strive to create new value and achieve sustainable growth by our products and technologies. Request to New Employees Who Will Lead the Future The first is to make efforts to improve oneself. As the environment changes drastically, the fields in which you play an active role are not limited to Japan, but are expanding to the world. In order to become a person who can play an active role on the world stage, it is necessary not only to have knowledge and ability of work and language ability, but also to have a high antenna and a wide perspective. I would like to ask you not to neglect your self-improvement efforts at all times, and not to wait for what you are given, but to think and act on your own every day. I would like you to accumulate these and acquire a professional consciousness and ability. The second is to believe in and challenge your infinite potential. It's not fun to give up your potential and work while waiting for instructions. You should hit on everything with all your might. The Fujikura Group will make every effort to provide an environment that makes it easy for everyone to work and work. I hope that you will respond to this with high aspirations and a spirit of challenge. To the New Growth Phase under the New Mid-Term Plan In response to the deterioration in business performance in fiscal 2019, our company positioned fiscal 2020 and fiscal 2021 as the business revitalization phase, and implemented various reforms to improve the business structure and strengthen profitability. As a result, we were able to achieve a literal V-shaped recovery as we expected record operating income in fiscal 2022 as we shifted from the business turnaround phase to the growth phase. Fiscal 2023 is the first year of the new mid-term plan. Let's work together to create customer value and contribute to society as the technology leader, with looking ahead to fiscal 2025, the final year of the mid-term plan, and beyond. Naoki Okada Director, President and CEO
