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

Performance Overview

Net sales for the quarter amounted to 2,518,025 thousand yen, an increase of 8.3% year-on-year. Operating income was 131,552 thousand yen, a decrease of 9.0% year-on-year. Ordinary income was 141,192 thousand yen, up 18.0% year-on-year, and quarterly net income attributable to owners of the parent was 102,064 thousand yen, up 40.9%, securing increased earnings. By segment, Automotive Accessories achieved operating income of 126,018 thousand yen, and Industrial Materials recorded 18,483 thousand yen, both showing solid performance. Although higher raw material costs impacted results in part, foreign exchange effects and other factors contributed positively to profits in some areas.

Outlook and Financial Position

There is currently no change to the full-year forecast as previously announced. On the financial side, total assets stood at 10,179,059 thousand yen, equity ratio 73.2%, current assets 6,127,732 thousand yen, and liabilities 2,726,454 thousand yen, maintaining a stable balance sheet. Short-term liquidity remains appropriate. Market conditions could see continued pressure from rising material costs, but outcomes may vary depending on cost-reduction efforts and exchange rate movements.