Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated) October 6, 2026

Overview of Performance

For the second quarter of the fiscal year ending February 2027, consolidated results achieved significant year-over-year increases with revenue of 8,636 million yen (up in the low-20% range YoY), operating income of 1,132 million yen, ordinary income of 1,076 million yen, and net income attributable to owners of parent for the interim period of 732 million yen. By segment, electrical discharge machining and surface treatment led performance, and improved profitability was driven by increased demand for high value-added products in the aerospace, defense, and environment & energy sectors. Revisions have been reflected in the full-year forecasts. Financial position remains healthy with net assets of 10,086 million yen, an equity ratio of 46.7%, and cash and cash equivalents of 2,564 million yen.

Outlook and Dividends

The full-year forecasts have been revised, assuming revenue of 17,067 million yen (YoY +19.2%), operating income of 1,832 million yen, ordinary income of 1,715 million yen, net income attributable to owners of parent of 1,151 million yen, and earnings per share of 107.80 yen. Dividends are expected to be 18.00 yen at the end of the second quarter and 25.00 yen for the full year, reflecting the recent forecast revisions. Continued demand in AI and environmental fields and expanded capital investment are expected to support ongoing growth.