Masahiro Tomioka
President of

Roland DG Corporation

I am pleased to present our business overview and consolidated financial results for the fiscal year 2008 (April 1, 2007 through March 31, 2008).

While the global economy continued to expand, the disorderly financial markets and the soaring prices of crude oil and raw materials continue to increase economic uncertainty.

Under such circumstances, the Roland DG Group promoted aggressive business activities centering on two areas of business, namely, the “Color” (Large Format printers) and “3D” Businesses (3D Input/Output products), where we expect stronger demand in the coming years. Highlights of our business plans are: 1) Concentrate resources in the two strongest business opportunities – Color and 3D products: 2) Continue to streamline the manufacturing process through the benefits of our “Digital Yatai System,” which is a scalable cell production system utilizing proprietary technology: 3) Shorten both the internal product development and marketing processes by the collaboration of development, production and sales teams whose core business process is Roland’s Digital Value Engineering (DVE): 4) Maintain the alignment of our business direction in accordance with market needs.

As the demand for inkjet printers that use environmentally-friendly eco-solvent ink continues to expand in our “Color” business, new standard type printers released at the end of the previous fiscal year, contributed substantially to our performance. Our printer line was enhanced by adding professional-use printers, and we have accomplished meeting the increasingly diverse demands of customers.

Meanwhile, in our “3D” business, we have focused on sales activities for systems and solutions that will innovate manufacturing processes and also generate highly added value, mainly to manufacturing industries. In the same token, meeting market needs and intensifying our efforts at new market development continues to be our main business trajectory.

In anticipation of future business development, we also worked on improving efficiency and promoting business expansion by starting in March 2008 construction of an additional plant at the Miyakoda Factory along with acquiring adjoining land and buildings. In our marketing activities, our subsidiary in Italy acquired in the preceding fiscal year contributed greatly to performance for the fiscal year under review.

As for the consolidated results for the fiscal year under review, net sales increased to 44,903 million yen ( 24.4% increase year on year). Our largest markets, Europe and North America, led the way with sales of inkjet printers and eco-solvent inks.