Fiscal Year 2025 The Chairman’s message
MR. YOICHI MURAMOTO
Dear Shareholders, investors and stakeholders
We respectfully extend our deepest condolences on the passing of Her Majesty Queen Sirikit in October 2025. We mourn with profound sorrow the loss of a beloved and revered figure who devoted her life to the nation and made many immense contributions to its social development.
The year 2025 has also been marked by a series of events that have significantly affected Thailand’s society, economy, and politics, including the shock wave of the magnitude 7.7 earthquake in central Myanmar in March, the high-tariff policies of the Trump administration, border tensions with Cambodia, and the government change.
As countries around the world adapt to the new global economic environment increasingly characterized by protectionism and fragmentation, global economic growth has continued to slow down. Although inflation is expected to ease in many regions, some countries continue to experience rates that exceed their targets. Prolonged uncertainty and intensified protectionist measures may further dampen growth prospects. In addition, concerns are mounting that long-term growth may be constrained, particularly in countries facing aging populations and skills’ shortages.
Under these circumstances, our core Printer business recorded a revenue increase of more than 2 billion baht (21.1%) compared with fiscal 2024. Demand in the global printer market also increase by approximately 12% year on year.
Despite the widespread promotion of digitalization and paperless initiatives, there remains a strong and sustained demand for physical copies of office documents, contracts, and reports. As a result, companies continue to rely on high-quality printing of official records and client communications.
In addition, amid the business environment that places increasing emphasis on accountability and compliance, the trend toward clearly documenting information in written form has intensified. As organizations continue to adopt hybrid work models that combine office-based and remote working, demand for reliable, high-quality, and environmentally friendly home-use printers remains strong and is expected to continue supporting the market’s overall demand.
The automotive-related business recorded a modest increase compared with fiscal 2024, likely due to the Trump administration’s high-tariff policies and the ongoing global semiconductor shortage. Looking ahead, automobiles are expected to evolve from being merely a means of transportation into platforms that support daily life and business, generating new value. A key challenge for us will be to leverage our advanced technological capabilities and high-quality specifications to contribute effectively to this emerging value creation.
At the same time, environmental initiatives remain a key management priority for us. All our factories have already transitioned to electrical power sourced from renewable energy. In addition, solar panels have been installed on the roof of our third factory, enabling the use of clean solar-generated electricity for the production activities.
The entire Group is committed to reducing carbon dioxide emissions further through Company-wide efforts, including energy conservation initiatives, expanded use of renewable energy, and enhanced recycling programs.
METCO entered the Thai market in 1987, and during the 38 years that have passed since we have accumulated extensive experience and received support from many stakeholders, including our shareholders. We sincerely appreciate this support and look forward to your continued guidance and patronage in the years ahead.
October 2025
(Mr. Yoichi Muramoto)
Chairman of Board of Directors
