Fenwal Controls of Japan, Ltd. Financial Summary for the Third Quarter of the Fiscal Year Ending December 2026 (Japanese GAAP, Consolidated)

Overview of Performance

In the third quarter of the fiscal year ending December 2026, consolidated net sales increased 6.9% year-over-year to 9,943 million yen. By segment, the Thermal segment contributed significantly due to a substantial rise in orders and shipments driven by expanding semiconductor demand. Meanwhile, the Medical segment saw a sharp decline due to the termination of contract manufacturing, resulting in a 32.2% year-over-year decrease in consolidated net income. From a financial perspective, both operating income and ordinary income showed growth compared with the prior year.

Outlook and Impact

The full-year forecast remains unchanged from the previously announced outlook, but the effects of matters such as the revocation of certification for gas fire suppression equipment containers continue to be examined. Demand for the Thermal segment is expected to continue due to increased investment in the semiconductor market, and the company will continue to pursue orders with an emphasis on profitability. As the Medical segment wind-down progresses, the company plans to drive growth through other segments.