Financial Summary for the Second Quarter (Interim) of Fiscal Year Ending March 2027

Overview of Results

Net sales for the interim period were 14,665 million yen, a slight increase from the same period last year; however, operating income, ordinary income and interim net income attributable to owners of parent all declined year-over-year. The Environmental Systems business saw increases in orders received and completed contract volume and performed steadily, while the Pipe and Fitting Materials business recorded an operating loss. By segment, Environmental Systems posted net sales of 9,361 million yen and operating income of 2,380 million yen, and Pipe and Fitting Materials posted net sales of 5,304 million yen and an operating loss of 171 million yen. Company-wide, measures to improve capital efficiency are being advanced while continuing initiatives to achieve the medium-term plan.

Outlook and Dividends

The consolidated full-year earnings forecast remains unchanged from the figures disclosed in May 2026. There is no revision to the most recent dividend forecast, and the year-end dividend is expected as previously indicated. An earnings presentation will be held for institutional investors and analysts, and presentation materials will be published on the website at a later date.