Matsuo Electric Co.,Ltd. (6969) Financial Summary for the Second Quarter of the Fiscal Year Ending March 2027

Overview of Results

Matsuo Electric Co.,Ltd. experienced continued solid demand for tantalum capacitors and circuit protection devices. For the interim period, net sales were 3,044 million yen (YoY increase of 21.9%), operating income was 423 million yen (YoY increase of 55.0%), and ordinary income was 403 million yen (YoY increase of 54.2%). By segment, the tantalum capacitors business reported net sales of 1,965 million yen (25.2% increase) and segment income of 328 million yen (104.4% increase), while the circuit protection devices business reported net sales of 1,016 million yen (22.2% increase) and segment income of 370 million yen (19.3% increase), maintaining strong performance.

Outlook and Capital Expenditure

The full-year forecast for the fiscal year ending March 2027 remains unchanged at net sales of 6,800 million yen, operating income of 910 million yen, ordinary income of 860 million yen, and net income of 580 million yen. As disclosed on October 15, 2026, the company plans capital expenditures to expand production of conductive polymer tantalum capacitors totaling approximately 1,969 million yen. An additional approximately 831 million yen is scheduled to be acquired in this interim period, with the total expected to be approximately 1,969 million yen. The company expects the impact to be minimal going forward.