Fiscal Year Ending May 2027 Q1 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Results

In Q1 of the fiscal year ending May 2027, net sales were 97,268 million yen, up 13.3% year-over-year; operating income was 2,641 million yen; ordinary income was 2,428 million yen; and net income attributable to owners of parent for the quarter was 1,571 million yen. Quarterly net income per share was 50.15 yen. By segment, total net sales for Building Materials, Materials, Commercial Facilities and International Business amounted to 97,904 million yen, and quarterly net income was -1,164 million yen (after company-wide cost adjustments). Quarterly consolidated balance sheets reflected increases in securities and inventories, resulting in total assets of 308,398 million yen and a shareholders' equity ratio of 29.9%. The full-year forecasts remain unchanged at net sales 390,000 million yen, operating income 4,000 million yen, ordinary income 1,500 million yen and net income attributable to owners of parent 1,000 million yen.

Outlook and Dividends

Regarding dividends, interim dividend is forecasted at 25.00 yen, the same as the previous fiscal year. There are no revisions to full-year earnings guidance at this time. Sales expansion compared with the prior-year quarter has been confirmed, potentially influenced by increases in raw materials and inventories. Supplemental materials for the earnings results are available.