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

Overview of Operating Results

For the cumulative third quarter period of the fiscal year ending March 2026, net sales amounted to 427,065 million yen (5.7% increase YoY), operating income was 18,600 million yen (20.2% increase YoY), ordinary income was 16,924 million yen (13.8% increase YoY), and net income attributable to owners of parent for the quarter was 11,479 million yen (20.8% increase YoY). While the domestic economy showed gradual recovery, there were delays in demand recovery for semiconductor manufacturing equipment in the light metal pressure business and sluggishness in demand from the automotive sector; however, strong performance in the US market and favorable sales of sheet materials for lithium-ion batteries contributed positively, resulting in overall increased revenue and profit. By segment, Alumina, Chemical Products and Ingot segment posted increased sales but decreased operating income due to rising costs; Sheet and Extruded Products segment saw sales growth but decline in operating income; Processing Products & Related Business and Foil & Powder Products segments achieved increases in both sales and profit.

Financial Position and Earnings Guidance

Total assets stood at 569.4067 billion yen (an increase of 25.160 billion yen compared to the end of the previous consolidated fiscal year), liabilities were 308.721 billion yen (an increase of 14.895 billion yen), and net assets stood at 260.746 billion yen (an increase of 10.265 billion yen), with the equity ratio remaining nearly flat at 42.5%. The number of issued shares remained unchanged at 61,993,750 shares, while treasury stock declined to 400,832 shares. The annual dividend forecast is 80.00 yen, an increase from 70.00 yen in the previous fiscal year. The full-year earnings forecast for the fiscal year ending March 2026 remains unchanged, with expected net sales of 590,000 million yen, operating income of 23,000 million yen, and net income attributable to owners of parent of 15,000 million yen.