Reference Materials for the Second Quarter of the Fiscal Year Ending March 2027

Overview of Performance

In the second quarter of the fiscal year ending March 2027, revenue was 56,045 million yen, operating income was 1,920 million yen, and net income attributable to owners of parent was 470 million yen. The FY2027 outlook remains optimistic with guidance of revenue 110,000 million yen, operating income 5,000 million yen, and net income attributable to owners of parent 3,000 million yen. Foreign exchange impact assumes an average rate of approximately 158 yen/USD, and contributions from overseas operations and expansion into new areas boosted revenue, while profitability of overseas businesses varies by region.

Regional and Application Composition and Future Outlook

By segment, mobility, powertrain-related, vehicle safety, body & comfort, and new areas contributed. By application, build-up wiring boards and multilayer printed circuit boards were major contributors. While the overall outlook for FY2027 is steady, there remain challenges to improving margins in regions such as North America, Europe, and Southeast Asia. The company plans to continue strengthening competitiveness across areas through execution of the medium-term plan and business strategy.