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－From April 1 to December 31, 2020－
February 10, 2021
The forward-looking statements contained in this material reflect the management s assumptions based on currently available information as of the date of announcement. Future changes in business environment and other factors may therefore cause differences with the actual situation.
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Summary of 3Q Results
(From April 1 to December 31, 2020)
 The Hydraulics and Pneumatics Business saw a firm recovery trend on the Chinese market. However, market recovery was sluggish in Japan despite the bottoming out of demand decline on major markets due to COVID-19.
 Full-year earnings forecast is for a slight increase in profits driven by a reduction in SG&A expenses. ....

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