Overview of Consolidated Financial Results for the Second Quarter of Fiscal Year Ending March 2027

Summary of Performance

As an overview of consolidated financial results, net sales totaled 32,391 million yen (YoY +0.5%). Operating income was 9 million yen (YoY +28 million yen), progressing toward profitability, while ordinary income was a -145 million yen loss and quarterly net loss attributable to owners of parent was -262 million yen. By segment, increases and decreases were observed across Japan, North America, China, Singapore, Germany and others. Rising raw material costs and increased personnel expenses drove up expenses.

Outlook and Key Measures

Earnings forecasts have been revised. Full-year net sales are raised from prior forecast of 66,000 million yen to 68,000 million yen, and operating income is expected to be revised upward from prior 700 million yen to 1,000 million yen. Under assumptions including foreign exchange effects, persistently high raw material prices and cost increases will impact results, and measures including cost reductions and price pass-through will be implemented.