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

Overview of Results

In the cumulative third quarter period of the fiscal year ending March 2026, net sales were 487,908 million yen (7.1% increase YoY), operating income was 73,048 million yen (17.0% increase YoY), and ordinary income was 73,721 million yen (20.0% increase YoY). Net income attributable to owners of parent was 41,126 million yen (0.3% increase YoY), affected by a special loss of 16,833 million yen recognized for business restructuring costs related to the termination of NASⓇ battery manufacturing and sales in the Energy Storage business. By segment, the Environment business recorded net sales of 294,587 million yen (2.0% increase YoY) and operating income of 54,108 million yen (4.3% increase YoY). The Digital Society business posted net sales of 149,136 million yen (20.3% increase YoY) and operating income of 20,095 million yen (99.6% increase YoY). The Energy & Industry business had net sales of 46,150 million yen (6.1% increase YoY) but posted an operating loss of 805 million yen.

Financial Position and Future Outlook

At the end of the third quarter, total assets amounted to 1,206,797 million yen (an increase of 63,811 million yen from the previous period end), total liabilities were 416,822 million yen (an increase of 1,342 million yen), and net assets were 789,975 million yen (an increase of 62,469 million yen), resulting in an improved shareholders' equity ratio of 64.7%. The full-year earnings forecast remains unchanged from the previous announcement, with expected net sales of 6,500 billion yen, operating income of 850 billion yen, and net income attributable to owners of parent of 550 billion yen. The company will continue monitoring changes in the market environment and revise forecasts as necessary.