Financial Summary for the Fiscal Year Ending December 2025〔Japanese GAAP〕(Non-consolidated)

Overview of Financial Performance

For the fiscal year ending December 2025, net sales were 46,919 million yen (2.1% Year-over-Year decline), operating income was 7,477 million yen (7.4% Year-over-Year decline), ordinary income was 7,444 million yen (6.5% Year-over-Year decline), and net income attributable to owners of parent was 5,076 million yen (6.7% Year-over-Year decline). While the domestic and international economic environments have shown a gradual recovery trend, the company was affected by rising raw material costs and intensified competition. In the core commercial refrigerator segment, environmentally friendly natural refrigerant products were newly introduced to the market, also addressing hygiene-related needs. The equity ratio improved to 75.4%, up 2.4 points from the previous fiscal year, reflecting a solid financial base.

Outlook and Dividend Policy

For the fiscal year ending December 2026, the company forecasts net sales of 49,400 million yen (5.3% increase from the prior fiscal year), operating income of 8,400 million yen (12.3% increase), ordinary income of 8,300 million yen (11.5% increase), and net income of 5,600 million yen (10.3% increase). The company will strengthen labor-saving and automation initiatives as well as HACCP compliance and will focus on expanding sales of environmentally friendly natural refrigerant products. The dividend is planned at 60 yen annually (30 yen interim, 30 yen year-end), continuing a shareholder return policy emphasizing stable payouts.