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

Overview of Business Results

For the cumulative consolidated period of the third quarter of the fiscal year ending March 2026, net sales were JPY 83,572 million (2.0% increase YoY). Operating income was JPY 9,623 million (5.2% decrease YoY), ordinary income was JPY 13,069 million (6.5% decrease YoY), and net income attributable to owners of parent for the quarter was JPY 9,590 million (4.2% decrease YoY). The Architectural Finishing Materials segment recorded net sales of JPY 73,088 million (1.3% increase YoY) due to strengthened sales of high value-added products targeting the renovation market, but profits declined. The Fireproof and Insulation Materials segment saw steady orders from urban redevelopment, resulting in net sales of JPY 9,111 million (9.5% increase YoY) and increased profits.

Financial Position and Future Outlook

At the end of the third quarter, total assets amounted to JPY 199,151 million (4.2% increase from the previous fiscal year-end), and net assets were JPY 170,534 million (4.3% increase). Liabilities stood at JPY 28,617 million (3.7% increase), maintaining a stable financial base. There are no revisions to the full-year consolidated earnings forecast for the fiscal year ending March 2026, with net sales expected to be JPY 109 billion (2.7% increase YoY), operating income JPY 12.8 billion (2.9% increase YoY), and net income attributable to owners of parent JPY 10.8 billion (0.7% increase YoY). The dividend forecast remains unchanged at JPY 120 per share at the fiscal year-end.