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

Performance Overview

For the third quarter of the fiscal year ending March 2026, consolidated results were net sales of ¥51,286 million (2.4% decrease YoY), operating income of ¥4,799 million (9.5% decrease YoY), ordinary income of ¥5,390 million (7.5% decrease YoY), and net income attributable to owners of parent of ¥3,547 million (12.3% decrease YoY). Domestically, demand related to disaster prevention and mitigation was steady, while the construction segment experienced some delays due to labor shortages and skyrocketing material costs. Overseas, inventory adjustments in the U.S. market have largely been completed, showing signs of recovery, whereas the Asian and European markets remained sluggish.

Segment Performance and Financial Position

The Japan segment performed steadily with net sales of ¥36,773 million (1.6% increase YoY) and operating income of ¥3,183 million (6.1% increase YoY). The U.S. recorded net sales of ¥11,131 million (10.7% decrease YoY) and operating income of ¥792 million (40.4% decrease YoY), showing decline but recovery trends. The Asia segment showed weak results with net sales of ¥3,167 million (12.1% decrease YoY) and operating income of ¥389 million (29.6% decrease YoY), while Europe recorded net sales of ¥215 million (12.6% decrease YoY) and an operating loss of ¥12 million. Net assets increased to ¥82,813 million, and the equity ratio rose to 76.0%.