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

Overview of Financial Results

Net sales for the nine months ended March 2026 were 3,501.5 billion yen, a 5.1% decrease compared to the same period last year. Operating loss was 231.2 billion yen, a significant deterioration from the 148.3 billion yen profit in the same period last year. Ordinary income was 37.4 billion yen (decreased 76.1% YoY), and net loss attributable to owners of the parent for the quarter was 14.7 billion yen. Key factors contributing to the decline in operating income include tariff impacts of 119.2 billion yen, worsened sales volume and mix of 78.0 billion yen, foreign exchange effects of 20.2 billion yen, and increases in raw materials and logistics costs by 8.1 billion yen. On the other hand, cost improvements reduced expenses by 18.8 billion yen and fixed costs and others decreased by 35.3 billion yen.

Revision of Full-year Earnings Guidance and Dividend Status

For the fiscal year ending March 2026, consolidated earnings guidance has been revised to net sales of 4,820 billion yen (4.0% decrease YoY), operating income of 50 billion yen (73.1% decrease), ordinary income of 78 billion yen (58.7% decrease), and net income attributable to owners of the parent of 20 billion yen (82.5% decrease). The dividend is forecasted to be 55 yen annually (interim 25 yen, year-end 30 yen), with no revisions to the latest dividend forecast. The number of shares outstanding remains unchanged at 631.8 million shares.