Noritsu Koki Co (7744) Corporate presentation summary

Group strategy and targets

• FY30 group targets: revenue ¥190.0bn+, operating profit ¥28.5bn+, operating EBITDA ¥38.0bn+; targets use FY24 exchange rates for reference values.

• Current plan targets include revenue CAGR of 10%+ excluding forex effects, operating profit margin of 15%+, operating EBITDA margin of 20%+, ROE of 10%+ in FY30 and total payout ratio of 50%+.

• Portfolio focus is manufacturing businesses with world-leading technologies and quality, aiming to create “No. 1 / Only 1” businesses.

AlphaTheta

• DJ equipment products are used by more than 90% of professional DJs worldwide; at three major European festivals in 2025, products accounted for 100% of players and 88% of mixers supplied.

• FY30 sales target is ¥110bn, with 10% CAGR; priorities include growing DJ culture and users, strengthening production capacity, and expanding software, services, education and digital businesses.

• rekordbox ranked first in the cited global DJ software survey; streaming compatibility, shared music-library standards and DJ performance data support a connected digital ecosystem.

JLab

• FY26 1H revenue was ¥19,081m, up 20.7% YoY; operating EBITDA was ¥3,184m, up 24.5%, and its margin was 16.7% versus 16.2% in FY25 1H.

• FY30 sales target is ¥57bn, with 10% CAGR; strategy centers on market-share growth outside the US, expansion into PC peripherals, speakers and gaming, and supply-chain efficiency through an Arizona warehouse.

• Affordable audio products span earbuds, headphones, gaming, business and hearing protection; JLab highlights rapid product development and in-store visibility at major retailers.