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

Overview of Performance

For the cumulative consolidated period of the third quarter of the fiscal year ending March 2026, net sales amounted to JPY 53,017 million (7.2% increase YoY), operating income was JPY 4,380 million (90.4% increase YoY), ordinary income was JPY 4,913 million (107.6% increase YoY), and quarterly net income attributable to owners of the parent was JPY 2,886 million (78.6% increase YoY). Domestic net sales rose to JPY 17,940 million (2.7% increase YoY), and overseas net sales reached JPY 35,076 million (9.6% increase YoY), reflecting a growth trend. Profitability benefited not only from increased sales but also from foreign exchange gains. By segment, the Asia-Pacific region saw a 24.0% increase in net sales and a 198.4% growth in operating income, indicating strong performance. Conversely, in the Americas, operating income declined due to an increase in selling, general and administrative expenses ratio.

Financial Position and Outlook

At the end of the third quarter of the fiscal year ending March 2026, total assets stood at JPY 110,484 million, an increase of JPY 3,267 million compared to the previous fiscal year-end. Liabilities were JPY 42,223 million, down JPY 1,183 million, and net assets increased by JPY 4,451 million to JPY 68,261 million. The equity ratio rose to 61.2%. Regarding earnings guidance, there is no change from the consolidated earnings forecast for the fiscal year ending March 2026 announced in the financial summary dated May 15, 2025.