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

Overview of Business Performance

For the cumulative consolidated third quarter of the fiscal year ending March 2026, net sales amounted to 266,139 million yen (up 4.5% YoY), and operating income was 16,519 million yen (up 96.6% YoY). Ordinary income reached 19.8 billion yen (up 44.7% YoY), and net income attributable to owners of the parent for the quarter was 12,626 million yen (up 54.6% YoY), achieving significant profit growth. This was primarily driven by increased sales to the automotive, information infrastructure, and industrial equipment sectors. By product, multilayer ceramic capacitors performed well with 187,809 million yen (up 9.3% YoY), inductors recorded 48,624 million yen (up 4.7% YoY), while composite devices declined to 11,276 million yen (down 36.8% YoY).

Financial Position and Future Outlook

Total assets increased to 608,581 million yen compared to the previous fiscal year-end, and net assets also rose to 339,012 million yen. The equity ratio remained stable at 55.7%. The full-year consolidated earnings forecast for the fiscal year ending March 2026 has been revised upward, projecting net sales of 354 billion yen (up 3.7% YoY), operating income of 21 billion yen (up 100.8% YoY), ordinary income of 22 billion yen (up 109.2% YoY), and net income attributable to owners of the parent of 13 billion yen (up 458.3% YoY). The exchange rate assumption for the fourth quarter is 155 yen per US dollar.