Supplementary Materials for FY2026 First Half Financial Results

Performance Overview

The first half of FY2026 delivered strong growth with revenue of 165.8 hundred million yen (YoY +48.7%), operating income of 17.5 hundred million yen (+53.2%) and net income of 11.0 hundred million yen. Segment contributions included substrates and electronic devices, along with EMS/ODM, driven primarily by expanding demand for satellite communications, smartphones and AI servers. The company responded to rising raw material costs through price revisions. Full-year guidance projects revenue of 380.0 hundred million yen, operating income of 48.0 hundred million yen and net income of 34.0 hundred million yen. The mid-term plan was revised to accelerate growth toward FY2028.

Future Strategy and Investments

To expand production capacity, full-scale production will start this fiscal year at the Vietnam Plant No.4 and Hoa Binh plant, with Yen Quang and Quang Minh plants scheduled to commence full production from FY2028. An additional 25.0 hundred million yen of investment will be made this fiscal year. The company will focus on growth-driver areas such as satellite communications, AI servers, optical transceivers, smartphones and semiconductor PKG/modules, while automotive, amusement, industrial machinery and other segments are expected to see moderate expansion.