FY March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Performance

For the cumulative third quarter period of the fiscal year ending March 2026, net sales amounted to 186,439 million yen (2.7% YoY increase), marking 16 consecutive periods of sales growth and hitting a record high. Operating income was 17,795 million yen (19.3% YoY increase), ordinary income was 17,927 million yen (19.6% YoY increase), and net income attributable to owners of parent was 12,258 million yen (21.4% YoY increase), all achieving record highs. The main drivers of profit growth were the effects of product price revisions, expansion in sales of high value-added products, and improvements in raw material costs. On the other hand, increases in logistics and production costs partially pressured profits. Product sales volume was 99.1% YoY affected by higher prices, but a recovery trend was seen in the third quarter.

Outlook and Capital Policy

There is no change in the full-year consolidated earnings forecast, with net sales expected at 242,570 million yen (2.9% YoY increase), operating income at 21,610 million yen (17.0% YoY increase), and net income attributable to owners of parent at 14,700 million yen (17.7% YoY increase). The dividend forecast is a strengthened shareholder return at 71.50 yen (dividend increase YoY). Total assets increased to 309,402.6 million yen, and net assets rose to 162,263 million yen, maintaining an equity ratio of 52.2%. The company aims for medium- to long-term growth and improved capital efficiency through enhanced production efficiency, new material development, strengthening of recycling operations, and promotion of ESG activities.