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

Overview of Results

For the third quarter of fiscal year ending March 2026, consolidated results were net sales of 28,992 million yen (16.1% decrease YoY), operating income of 1,141 million yen (42.1% decrease YoY), and ordinary income of 899 million yen (62.5% decrease YoY). Net income attributable to owners of parent increased significantly to 10,971 million yen (222.7% increase YoY), reflecting gains on sale of investment securities following partial divestiture of SiTime Corporation shares. Although sales and profits declined due to weakened market demand in the ASIC business, the recording of gains on sale of investment securities led to a substantial increase in net income.

Financial Position and Dividend Status

Total assets stood at 256,295 million yen (an increase of approximately 106,354 million yen compared to the previous consolidated fiscal year-end), net assets at 189,529 million yen (an increase of approximately 71,288 million yen over the same period), and equity ratio decreased to 73.7%. The number of treasury shares was 3,552,954 shares, while shares outstanding totaled 19,046,900 shares. A year-end dividend of 250 yen is planned, representing an increase from 140 yen in the previous fiscal year.

Outlook

For the full fiscal year ending March 2026, earnings guidance forecasts net sales of 38,000 million yen (10.2% decrease YoY), operating income of 1,000 million yen (54.3% decrease YoY), ordinary income of 500 million yen (80.8% decrease YoY), and net income attributable to owners of parent of 10,500 million yen (95.5% increase YoY). Despite projected declines in sales and profits, net income is expected to increase due to gains on sale of investment securities.