Financial Summary for First Quarter of Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

Overview of Performance

Revenue for the first quarter was 8,696 million yen (YoY +3.2%), primarily due to continued recognition of large HVAC instrumentation construction projects, which drove increased sales. Operating income, ordinary income, and net income rose significantly by 39.4%, 41.2%, and 39.3%, respectively. By segment, the HVAC instrumentation-related business reported higher sales and profits, while the industrial systems-related business saw increases in both orders and sales. Net income attributable to owners of parent amounted to 1,298 million yen. The impact of the stock split has been reflected in beginning-of-period comparative calculations.

Outlook and Allocation

The full-year forecast remains unchanged from the previously announced figures, targeting revenue of 51,500 million yen, operating income of 12,500 million yen, ordinary income of 12,700 million yen, and net income attributable to owners of parent of 8,700 million yen. This outlook takes into account the tendency for higher sales in the fourth quarter due to seasonality; future developments will depend on demand trends.