FY2027 Mar 2Q Earnings Presentation Materials

Key Points of the Earnings

In FY2027 Mar 2Q, consolidated revenue increased 20.2% year-over-year and achieved top-line growth. Despite increased selling, general and administrative expenses, operating income expanded 45.8% due to improved gross margin and economies of scale. Cumulative 2Q revenue corresponds to a 46.9% progress rate against the full-year outlook, which assumes revenue of 10,000 million yen, operating income of 835 million yen, ordinary income of 900 million yen, and net income attributable to owners of parent of 720 million yen. In the final year of the medium-term management plan, FY2027 Mar, the company aims to reach revenue on the order of 10 billion yen and will accelerate growth through R&D and AI promotion, as well as M&A and partnerships.

Shareholder Returns and Financial Stability

Cash and cash equivalents remain stable, and the dividend policy is to continue consecutive dividend increases. The annual dividend for FY2026 Mar was 105 yen, and FY2027 Mar is planned at 125 yen (including an interim dividend of 60 yen). The financial structure maintains a high equity ratio of 75.8%, and free cash flow is in positive territory. Given stable cash-generating ability, the company plans to continue growth investments while maintaining and improving the dividend payout ratio.