Financial Summary for the Fiscal Year Ending December 2025 [Japanese Standards] (Consolidated)

Summary of Business Results

For the fiscal year ending December 2025, consolidated net sales increased 12.5% YoY to 41,746 million yen, operating income rose 28.0% YoY to 8,893 million yen, and ordinary income increased 24.9% YoY to 8,750 million yen. Conversely, net income attributable to owners of parent decreased 4.0% YoY to 3,367 million yen. The increase in net sales was driven by strong demand for logic products for electric vehicles from specific customers, as well as robust sales of server and AI-related products. Operating and ordinary income growth was supported by increased sales, while net income declined due to reduced gains on fixed asset sales and revisions of corporate taxes and others.

Financial Position and Dividend Status

Total assets increased by 25,215 million yen from the previous fiscal year-end to 100,572 million yen, and net assets rose by 6,004 million yen to 59,928 million yen. Although the equity ratio declined to 40.2% from 49.6% in the previous fiscal year, net assets increased. The dividend planned is 110 yen per share (year-end dividend only), with a payout ratio of 29.7% and a dividend on equity ratio of 2.6%. For the fiscal year ending December 2026, no interim dividend will be paid, and the year-end dividend is undecided.