Financial Summary for Second Quarter (Interim) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

Overview of Results

Maruichi Steel Tube Ltd. expanded consolidated revenue to 135,893 million yen in the second quarter of the fiscal year ending March 2027 (YoY +12.7%). Operating income was 19,601 million yen (+27.1%), ordinary income was 21,066 million yen (+26.3%), and net income attributable to owners of parent for the interim period was 13,200 million yen (+23.5%), achieving substantial profit growth. Segment-level profit contributions were solid, and overall profitability showed improvement. A note on treasury stock acquisition at the end of the interim period was included, indicating ongoing shareholder return activities. Presentation materials for the earnings briefing have been published.

Outlook and Key Items

The full-year forecast has been revised to revenue 293,000 million yen, operating income 41,700 million yen, ordinary income 42,900 million yen, and net income attributable to owners of parent 28,300 million yen. Basic earnings per share is a reference value of 129.18 yen. The dividend forecast is 58 yen annually (29 yen at the end of the second quarter, full-year plan). Attention should be paid to the implementation of the treasury stock acquisition and its impact on shareholder composition and dilution.