Sanden Corporation Financial Summary for the Third Quarter of the Fiscal Year Ending December 2026 (Japan GAAP) (Consolidated)

Business Performance Overview

For the nine months ended the third quarter of the fiscal year ending December 2026, Sanden Corporation achieved net sales of 162,879 million yen (up 17.6% year-over-year), reaching a high level, while operating loss narrowed to -170 million yen. Ordinary income was 966 million yen and net income attributable to owners of parent for the quarter was 127 million yen, showing improvements toward profitability. The full-year outlook has been revised to net sales of 218,000 million yen, operating loss of -700 million yen, ordinary income of 800 million yen, and net income of 800 million yen, assuming exchange rates of US$ = 158.00 and EUR = 182.00.

Outlook and Risk Factors

Although the impact of higher raw material prices is expected to continue, partial profit enhancement is anticipated through expanded sales scale. Intensifying competition in the Chinese market, earnings effects from equity-method affiliates, and increased interest payments due to rising interest rates could affect the above ordinary income and net income. Attention should also be paid to fluctuations in assumed exchange rates and trends in raw material and logistics costs.