We would like to express our sincere gratitude to our shareholders for your continued support.
In the 75th fiscal year (ended March 31, 2026), the second year of our three-year medium-term management plan, "Transformation 2027," we built on the business foundation strengthened in the previous fiscal year, further advancing its development and transforming Tsurumi into a stronger and more resilient company.
Over the past year, we have pursued reforms focused on manufacturing to further strengthen our management foundation as we look toward the next 100 years. Key milestones included the completion of the new casting plant at Alloy Technology's Nanbu-cho Facility, a Group company, which will further strengthen our in-house production of casting components for submersible pumps, our core business. We also made Fujimaru Sangyo Co., Ltd., which specializes in large submersible pump rentals, temporary and permanent drainage facility construction, and pump maintenance, a wholly owned subsidiary.
Despite continued challenges, including persistently high raw material prices, labor shortages, and declining consumer sentiment amid prolonged inflation, we continued to pursue global business expansion. During the year, we established a local subsidiary in Chile and a representative office in Thailand to support our liquid ring vacuum pump business in Southeast Asia. By expanding into diverse markets beyond our existing ones, we are making steady progress toward our goals.
In the 76th fiscal year (ending March 31, 2027), the final year of "Transformation 2027," we will work to stabilize procurement through the in-house production of motors and expand our in-house design capabilities, while enhancing product uniqueness and quality. We will continue to focus on high-value-added manufacturing to meet the needs and expectations of all our customers.
Although uncertainty in the global environment is expected to persist for some time, we remain fully aware of our responsibility to supply products that are essential to social infrastructure. We will continue to make every effort to maintain a robust system that ensures a stable and reliable supply of our products.
We sincerely ask for your continued support and encouragement.
June 2026
President Osamu Tsujimoto
