Top Message

Looking at fiscal 2024, the fiscal year ended December 31, 2024, the global economy as a whole remained on a moderate recovery trend amid signs of a slowdown in inflation arising from factors such as the prolonged implementation of monetary tightening policies by various countries.
Despite indications of a shift in economic trends, including moves to lower interest rates in the U.S. and Europe, there were ongoing concerns about a recession, owing to persistently high interest rates, among other factors.
Moreover, the outlook remained uncertain amid concerns surrounding overall economic stagnation caused by a variety of factors, including the slump in real estate market conditions in China and continued depreciation in the yen in Japan.
In each of the major markets in which the Star Micronics Group operates, while overall demand for POS printers remained weak, demand in the U.S. set out on a recovery trend. In addition, while demand for the Group’s mainstay machine tools remained sluggish in the U.S., Europe, and Japan, demand in China rallied temporarily on the back of subsidy policies and other factors.
Under these circumstances, while the weak yen contributed to the overall performance of the Star Micronics Group in the fiscal year under review, the Group recorded sales of ¥64,994 million, down 16.9% compared with the previous fiscal year, due mainly to the significant decline in sales of machine tools. On the profit front, operating income was down 61.2% to ¥4,021 million, ordinary income was down 58.8% to ¥4,515 million, and net income attributable to owners of parent decreased 77.3% to ¥1,855 million.