Bunka Shutter Co., Ltd. Interim Financial Summary (Japanese GAAP) (Consolidated)

Overview of Results

Consolidated net sales for the interim period were 110,466 million yen (YoY +4.9%), and operating income improved to 4,054 million yen (+5.0%). Conversely, ordinary income was 4,045 million yen (YoY -6.3%), attributable in part to foreign exchange losses and other factors. By segment, shutter-related products recorded approximately 43,326 million yen in sales, building materials 41,267 million yen, services 16,218 million yen, reform 3,377 million yen, and others 5,276 million yen. While structural improvements were advanced across businesses, overall corporate expenses impacted profitability; nonetheless the company maintained a trend of revenue and profit growth. At the interim period end, total assets stood at 205,139 million yen, equity ratio was 58.6%, and net assets were 120,463 million yen, indicating a stable financial position.

Outlook and Dividends

The full-year forecasts for the fiscal year ending March 2027 remain unchanged: net sales 250,000 million yen, operating income 18,800 million yen, ordinary income 19,500 million yen, net income attributable to owners of parent 13,000 million yen, and earnings per share 184.82 yen. The dividend policy envisions an annual dividend of 74 yen; 37 yen was recorded at the end of the second quarter, and the full-year forecast remains 74 yen. External factors such as exchange rate effects at overseas subsidiaries and rising raw material costs may continue to have an impact; therefore, attention to market developments is required.