Financial Summary for the Third Quarter of FY March 2026 [IFRS] (Consolidated)

Overview of Business Performance

During the cumulative third quarter period of FY March 2026, revenue amounted to 1,043.8 billion JPY (2.0% year-over-year increase). The Printing Solutions business and Manufacturing-related & Wearable businesses increased sales, while the Visual Communications business declined. Operating profit before other income/expenses was 63.8 billion JPY (13.7% year-over-year decrease), operating income was 58.4 billion JPY (7.1% decrease YoY), and net income attributable to owners of parent was 35.4 billion JPY (25.2% decrease YoY). Exchange rates moved approximately 2% stronger yen versus the US dollar and approximately 4% weaker yen versus the euro.

Segment Performance and Future Outlook

The Printing Solutions business posted revenue of 755.3 billion JPY (3.2% year-over-year increase) and segment profit of 89.0 billion JPY (8.0% decrease YoY), impacted by higher US tariff costs resulting in profit decline. The Visual Communications business recorded revenue of 137.4 billion JPY (13.6% year-over-year decrease) and segment profit of 11.4 billion JPY (52.7% decrease YoY), showing significant declines in both sales and profit. The Manufacturing-related & Wearable business posted revenue of 153.8 billion JPY (14.7% year-over-year increase) and segment profit of 8.2 billion JPY (compared to a loss of 2.9 billion JPY in the prior year), marking a substantial improvement in profit. The full-year earnings guidance was revised upward to 1.39 trillion JPY in revenue (up 20 billion JPY from the previous forecast) and operating income of 67.0 billion JPY (up 4.0 billion JPY), while net income attributable to owners of parent remained unchanged at 41.0 billion JPY.