#FerroTec

Ferro Tec comments that it aims for net sales of approximately 400 billion yen and an operating profit of approximately 50 billion yen in the fiscal year ending December 2026. Although the operating profit margin was 9.5% in the fiscal year ending March 2026, factors such as the startup of a new factory and inventory valuation reductions impacted performance. Going...

Ferro Tech announced the exercise status of Euro Yen convertible bonds in May 2026, with a total exercised face amount of 7.3 billion yen, and a cumulative exercise ratio of 80.40%.

The consolidated financial results for the fiscal year ending March 2026 show net sales of approximately 288.9 billion yen, a 5% increase YoY, and operating income of approximately 275.6 billion yen, maintaining profit growth. Detailed explanations of segment-wise performance and financial indicators are provided.

Ferrotec plans to approve amendments to the Articles of Incorporation at the shareholders' meeting on June 26, 2026, and will execute an interim dividend based on the record date of June 30, 2026.

For FY2026, sales are projected to be 288.9 billion yen, operating profit 27.6 billion yen, and net income 14.9 billion yen. As part of the mid-term management plan, the company aims to expand production capacity in response to increased semiconductor-related demand and to boost sales of high-value-added products.

Ferro Tech disposed of 5,169 shares of restricted stock units as part of its share buyback on May 14, 2026, raising a total of ¥35.82 million.

Ferro Technology reports the status of the Euro-Yen convertible bond exercise in April 2026, achieving 3,559,794 shares issued, a total exercise face value of ¥12,790,000 thousand, and an exercise ratio of 51.16%.

FTSVA is scheduled to repurchase and cancel 63,070,203 shares at 1.00 Chinese Yuan per share based on a profit compensation agreement. Implementation is expected around June 2026.

On March 24, 2026, upon satisfaction of the stock price condition, the right to early redeem the remaining 22.77 billion yen of 2028 maturity Euro Yen convertible bonds at 100% of par was exercised. The early redemption date is June 22, 2026.

As of now, no significant damage to our Group’s business sites in the Tohoku region due to the magnitude 7.7 earthquake that occurred off the Sanriku coast on April 20, 2026 has been confirmed.

Establishment of a new company and construction of a new factory in Hefei, China, involving approximately 46.6 billion yen in capital investment. CRSM will move from a consolidated subsidiary to an equity-method affiliate through a third-party allotment capital increase.

The right of early redemption based on the 130% call option clause for the Euro Yen Convertible Bond due 2028 arose on March 24, 2026. Early redemption execution is scheduled for June 22, 2026, and notification is planned for April 23.