QUICK Corp.

Equity Bottom-Up

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<p style="text-align: left;"><strong>Upward revision to full-year OP -25% YoY, including early recovery of human resources demand</strong></p>
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<strong>OP fell 9% in 1H, affected by the decline in automobile-related products<br></strong>Consolidated sales for 1H of FY3/21 were JPY53bn (+3% YoY), and OP was JPY3.5bn (-9% YoY). Sales increased due to the contribution of new consolidation, but were affected by the suspension of operations at customer factories due to the impact of COVID-19. Looking at OP by segment (before adjustment, same below), the mainstay…</li>
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<p>Notes: This is translated from our Japanese report issued on 13 Aug 2020.</p>
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<p style="text-align: left;"><strong>Sales increased slightly in 1Q, OP increased by 6% YoY, as subsidiary consolidation and profitability improvement were successful</strong></p>
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<strong>Profit decline in mainstay manufacturing due to decrease in automobiles, etc.<br></strong>Consolidated sales for 1Q FY3/21 were JPY25.8bn, a slight increase from the same period of the previous year, and OP was JPY1.8bn (+6% YoY). Looking at the OP by segment (before adjustment), OP in the main…</li>
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Japan

UT Group Co., Ltd. is a holding company.  The Group specializes in semiconductor and LCD (Liquid Crystal Display) related products and provides outsourcing services to electronics manufacturers.