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

Overview of Performance

In the second quarter of the fiscal year ending March 2027, S.T. Corporation secured a slight increase in net sales compared with the previous year, while operating income and ordinary income decreased significantly due to higher raw material costs and increases in certain selling, general and administrative expenses. Within segments, price increases and new product launches for air care contributed, but overall the impact of rising costs was pronounced. Interim net income increased due to the recording of gains on sales of investment securities. The full-year outlook has been revised: net sales are projected higher, while profit line items are expected to decline.

Financial Position and Outlook

Total assets amounted to 47,134 million yen and the equity ratio declined to 67.4%. Net assets decreased due to an increase in treasury stock. Cash and cash equivalents were 9,332 million yen, indicating limited cash-like assets. The full-year forecasts have been revised downward for certain assumptions: net sales are projected at 50,000 million yen, operating income at 1,200 million yen, ordinary income at 1,600 million yen, and net income attributable to owners of the parent at 2,000 million yen.