#ShinkoShojiCoLtd

Shinko Shoji Co., Ltd. will establish a joint venture company, Vesper Metals Co., Ltd., with Taguchi Metal Co., Ltd. with a capital of 100 million yen and a 70%-30% investment ratio on April 1, 2026, and plans to commence operations in October 2027.

Mr. Yuji Mihara is scheduled to assume the role of Representative Director following the Annual General Meeting of Shareholders in late June 2026. Changes and new appointments to executive officers’ responsibilities will also be implemented as of April 1, 2026.

For the third quarter of fiscal year ending March 2026, net sales were 445,684 million yen (4.2% decrease year-over-year), operating income was 861 million yen (17.6% decrease year-over-year), and net income attributable to owners of parent for the quarter was 627 million yen (7.4% decrease year-over-year).

Net sales for Q3 FY2025 were ¥445.7 billion (4.2% decrease YoY), operating income was ¥8.6 billion (17.6% decrease YoY), and net income attributable to owners of parent was ¥6.3 billion (7.4% decrease YoY).