Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026 [Japan GAAP] (Consolidated)

Overview of Performance

For the cumulative third quarter of the fiscal year ending March 2026, net sales increased 6.6% YoY to 34,333 million yen, operating income rose 20.7% YoY to 6,019 million yen, ordinary income grew 19.9% YoY to 6,231 million yen, and quarterly net income attributable to owners of parent increased 16.7% YoY to 4,253 million yen. The Abrasives Business performed strongly with net sales up 15.3% and operating income up 29.7%, driven by increased demand related to semiconductors. The Chemical Industrial Products Business also grew with a 6.1% increase in revenue and a 17.0% increase in profit. The Lifestyle Apparel Business faced challenges, with net sales down 8.6% and operating income down 21.3%. Other businesses experienced declines in both sales and profits.

Financial Position and Dividend Status

Total assets increased by 3,481 million yen from the previous consolidated fiscal year-end to 70,090 million yen, net assets rose by 2,789 million yen to 50,250 million yen, and the equity ratio stood at 71.7%, maintaining a stable financial base. The dividend is forecast at 160 yen annually, a 30 yen increase from the previous fiscal year. The full-year earnings guidance anticipates net sales of 45,400 million yen (up 5.8%), operating income of 7,500 million yen (up 15.8%), and net income attributable to owners of parent of 5,000 million yen (up 11.7%), projecting revenue and profit growth.