Fiscal Year Ending March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Business Performance

During the cumulative third quarter period of the fiscal year ending March 2026, net sales reached 47,129 million yen (11.8% YoY increase), achieving a record-high sales figure. Operating income was 4,467 million yen (15.1% YoY increase), ordinary income was 5,074 million yen (17.9% YoY increase), and net income attributable to owners of parent was 3,740 million yen (27.0% YoY increase), all showing growth. The main factors include steady demand in the infotainment segment driven by increased information volume in the automotive mobility market, continued policy support and investment backing in the Chinese market, as well as cost reductions and effects of structural reforms.

Financial Condition and Dividend Status

Total assets increased by 4,510 million yen compared to the previous consolidated fiscal year-end, totaling 95,881 million yen. Net assets increased by 4,570 million yen to 75,740 million yen due to the increase in net income attributable to owners of parent. The equity ratio improved to 79.0%. The dividend is forecasted at 150 yen at fiscal year-end (110 yen ordinary dividend and 40 yen commemorative dividend), representing an increase from the previous fiscal year’s 100 yen.

Outlook

There is no change to the full-year earnings forecast for the fiscal year ending March 2026, with net sales projected at 58,000 million yen (3.0% YoY increase), operating income at 5,500 million yen (3.6% YoY increase), and net income attributable to owners of parent at 4,800 million yen (80.3% YoY increase). We aim to continue expanding profitability supported by firm demand in the automotive market.