Kikusui Holdings Corporation Financial Summary for the Second Quarter (Interim) of the Fiscal Year Ending March 2027

Overview of Results

Kikusui Holdings Corporation achieved substantially higher net sales in the second quarter of the fiscal year ending March 2027, recording 7,645.81 million yen (YoY +15.9%). Operating income rose to 1,170.23 million yen (+38.6%), ordinary income to 1,256.89 million yen (+31.0%), and net income attributable to owners of parent for the interim period reached 829.317 million yen (+33.1%), substantially boosting overall profitability. The primary drivers were continued capital investment demand related to data centers and semiconductors, and the promotion of solution proposals in the Power Electronics field. Overseas sales expanded. At the interim point, both assets and net assets increased, and the financial base measured by cash and cash equivalents was sound. There were no special changes due to new accounting standards, and the full-year forecast remains unchanged.

Financial Position and Outlook

Total assets at the interim period amounted to approximately 20,094.559 million yen, and cash and deposits were approximately 6,340.553 million yen, with increases also seen in liquid financial assets such as cash and deposits. Although liabilities increased, net assets grew due to increases such as valuation differences on available-for-sale securities. The company maintains its full-year earnings forecast as previously disclosed, but revisions may be required depending on future market conditions. The dividend forecast is expected to remain at a similar level to the prior fiscal year, reflecting attention to shareholder returns. With an increasing proportion of sales from overseas markets, global expansion will likely be a key contributor to future earnings.