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

Overview of Results

This financial summary covers the interim period from April to September 2026. Net sales were 61,829 million yen, up 7.8% year-over-year. Operating income was 4,046 million yen, up 1.7% year-over-year, and ordinary income was 4,911 million yen, up 3.7%, showing improvement. Conversely, interim net income attributable to owners of parent decreased to 3,226 million yen, down 24.8%, primarily due to the absence of corporate tax refunds recorded in the prior-year interim period. By segment, Japan and North America recorded revenue and profit increases, East Asia experienced a revenue decline, and Southeast Asia saw profit decreases. Nonetheless, the company retains growth potential amid yen depreciation and other factors.

Outlook and Strategy

In the second half, under the 2030 Global Medium- to Long-Term Management Plan, the company will continue to improve productivity and reduce costs, enhance transparency of capital policy and governance, and aim for sustainable enhancement of corporate value. Growth strategies include expanding sales of high value-added products in Japan, production improvements and rationalization in North America, and securing orders and developing new customers in East and Southeast Asia. Regarding capital policy, the company will allocate cash and deposits to growth investments and continue an appropriate shareholder return policy centered on DOE.