Fiscal Year Ending March 2026 Q3 Financial Summary〔IFRS〕(Consolidated)

Overview of Business Results

For the cumulative consolidated third quarter of the fiscal year ending March 2026, revenue was ¥1,129.3 billion (1.8% decrease YoY). Expansion in the defense business and increased demand for vehicle turbochargers contributed positively, while revenue declined due to business transfers and the absence of large-scale projects from the previous year. Operating income was ¥102.5 billion (0.9% decrease YoY). The aftermarket business for commercial aircraft engines remained solid, but there were increases in maintenance costs and research and development expenses. Profit before tax for the quarter was ¥118.9 billion (3.8% increase YoY), and net income attributable to owners of the parent was ¥85.0 billion (10.7% increase YoY).

Financial Position and Outlook

Total assets increased by ¥213.9 billion from the end of the previous fiscal year to ¥2,454.3 billion. Liabilities rose by ¥131.3 billion to ¥1,863.0 billion. The equity ratio attributable to owners of the parent increased from 21.5% to 23.0%. Cash flow from operating activities recorded a net outflow of ¥73.2 billion, investing activities showed a net outflow of ¥47.7 billion, and financing activities a net inflow of ¥81.4 billion. The full-year order intake forecast was upwardly revised by ¥90 billion to ¥1,940 billion, with no changes to revenue or earnings forecasts. The company aims for sustainable high growth by focusing on growth in the aerospace, defense, and clean energy sectors.