Q1 Financial Summary for Fiscal Year Ending June 2027 [Japanese GAAP] (Consolidated)

Summary of Results

For Q1, the Company recorded net sales of 1,597,643 thousand yen, operating income of 284,290 thousand yen, ordinary income of 241,492 thousand yen, and quarterly net income attributable to owners of the parent of 156,155 thousand yen. As the Company has a single reporting segment—processing business—segment information is omitted. The financial position shows total assets of 11,469,040 thousand yen and net assets of 4,985,216 thousand yen. Cash and deposits decreased due to capital expenditures and payment of corporate taxes. The Company advanced mass-production preparation for LEAP engine components and preparation for mass production of new materials.

Outlook and Notes on Financial Position

There is no change to the full-year forecast. The Company will continue capital expenditures including the start of mass production for new materials and certification activities. The decrease in cash and deposits is attributable to investment activities and tax payments, and is also affected by repayment of long-term borrowings. Introduction of mass-production equipment is expected to drive future growth in sales and profits, while attention should be paid to external factors related to the supply chain and certification.