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

Overview of Financial Results

In the cumulative third quarter period of the fiscal year ending March 2026, net sales were 162,593 million yen (up 10.2% YoY), operating income was 17,117 million yen (up 17.0% YoY), ordinary income was 17,153 million yen (up 15.3% YoY), and net income attributable to owners of parent for the quarter was 11,933 million yen (up 12.5% YoY), all marking record highs for the cumulative third quarter period. The main drivers were the recovery of the domestic PC market and increased demand related to the GIGA School Program, particularly the PC-related business which led group performance. On the other hand, overseas operations declined in revenue and profit due to uncertain economic conditions in Europe and Southeast Asia, although the European 'iiyama' brand achieved both revenue and profit growth.

Financial Position and Future Outlook

Total assets stood at 144,580 million yen (an increase of 10,397 million yen from the previous fiscal year-end), and net assets were 94,718 million yen (an increase of 5,196 million yen). Total liabilities amounted to 49,861 million yen (an increase of 5,201 million yen), reflecting fluctuations in short-term borrowings and accrued corporate taxes. Treasury stock increased to 6,612 million yen due to share buybacks. The full-year earnings forecast for the fiscal year ending March 2026 is net sales of 214,000 million yen (up 3.3% YoY), operating income of 19,700 million yen (up 1.7% YoY), and net income attributable to owners of parent of 13,500 million yen (down 3.9% YoY), with the dividend forecast unchanged at 44 yen per share. Looking ahead, we will monitor fluctuations in raw material prices and supply-demand tightness while aiming to expand growth investments and stabilize earnings.