Summary of Financial Results for the Third Quarter of Fiscal Year Ending March 2026

Overview of Third Quarter Results for Fiscal Year Ending March 2026

Net sales increased 8.6% year-over-year to JPY 89,766 million, and operating income rose 19.6% to JPY 3,793 million. Growth was driven by strong demand in AI data centers and next-generation communications. Operating income maintained gains despite costs related to reorganization of Chinese operations and raw material price inflation, supported by a solid business environment. However, net income attributable to owners of the parent declined 63.1% year-over-year due to recording a special loss associated with the disposition of equity interests in an equity-method affiliate in China.

Performance Trends by Segment and Region and Full-Year Earnings Guidance

The electronic components segment saw revenue growth with flat profit; the electronic chemical assembly segment posted increases in both sales and profits; the information equipment segment experienced declines in sales and expanded losses. Regionally, China and Europe & the U.S. performed strongly, while Japan recorded decreased sales and shifted to a loss. The full-year forecast was revised downward to net sales of JPY 1.2 trillion (up 5.2% YoY), operating income of JPY 5 billion (down 3.8%), and net income of JPY 600 million (down 78.4%), reflecting accelerated structural reform initiatives and the impact of special loss recognition.