Asahi Rubber Inc. Financial Summary for the Second Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

Overview of Performance

Consolidated net sales for the interim period were 4,193 million yen (Year-over-Year +7.9%), achieving revenue growth. However, due to higher cost of purchases and expenses related to new product launches, operating income fell sharply to 67 million yen. Ordinary income also declined significantly to 29 million yen, while net income attributable to owners of parent for the interim period slightly increased to 91 million yen. By segment, industrial rubber showed growth, but overall profit margins were under pressure.

Financial Position and Dividends

Total assets amounted to 10,284 million yen, and the equity ratio was stable at 50.0%. Interest-bearing liabilities, including short-term and long-term borrowings, increased. Cash and cash equivalents increased. An interim dividend of 12 yen is planned, with a full-year total forecast of 24 yen. Shareholders' equity at the interim period-end was 5,139 million yen, and treasury stock is on a declining trend. The capital policy for the current fiscal year emphasizes maintaining ongoing financial soundness.