FY ending March 2027 Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Overview of Results

Net sales for the interim period were 3,685 million yen, essentially flat year-on-year (-0.3%), while profitability improved substantially. Operating income was 636 million yen (+30.0%), ordinary income was 648 million yen (+29.7%), and net income attributable to owners of parent for the interim period was 454 million yen (+38.6%). By segment, the plywood machinery business recorded net sales of 2,451 million yen and operating income of 504 million yen; the woodworking machinery business reported net sales of 807 million yen and operating income of 185 million yen; the housing materials business posted net sales of 442 million yen and operating income of 14 million yen. The financial position remains healthy with total assets of 10,081 million yen and a shareholders' equity ratio of 76.4%.

Outlook and Dividends

Full-year earnings forecasts remain unchanged from the previous announcement. The company expects net sales of 6,805 million yen, operating income of 687 million yen, ordinary income of 656 million yen, net income attributable to owners of parent of 450 million yen, and earnings per share of 340.99 yen. Regarding dividends, a 30 yen dividend was announced for the end of the second quarter and a total annual dividend of 70 yen is forecast, preserving room for maintaining or increasing dividends compared to the FY2026 actual dividend of 80 yen. The financial base is solid, with a stable shareholders' equity ratio of 76.4%.