FY March 2026 Q3 Financial Summary Supplementary Presentation

Performance Overview

Consolidated results for Q3 FY March 2026 recorded net sales of JPY 103,394 million (4.0% YoY increase), operating income of JPY 5,867 million (27.7% YoY increase), ordinary income of JPY 5,126 million (16.0% YoY increase), and net income attributable to owners of parent of JPY 2,458 million (67.1% YoY increase). The increase in operating income was despite a profit reduction of approximately JPY 1.98 billion caused by tariff impacts, labor cost increases, and higher depreciation expenses. This was offset by profit increases totaling about JPY 3.28 billion contributed by labor cost price pass-through, foreign exchange effects, profit growth accompanying sales increases, expense reductions, and enhanced profitability management including reduced air freight costs. The equity ratio rose to 37.4%, and ROE improved to 4.4%.

Full-Year Earnings Forecast and Dividend

The consolidated full-year earnings forecast for FY March 2026 has been revised to net sales of JPY 134 billion (1.7% YoY decrease), operating income of JPY 8 billion (12.8% YoY increase), ordinary income of JPY 7 billion (2.6% YoY increase), and net income attributable to owners of parent of JPY 4 billion (47.0% YoY increase). The upward revision of net income attributable to owners of parent reflects the recording of a special gain from the sale of investment securities, announced on November 13, 2025. The dividend forecast is an annual payout of JPY 28 per share, a JPY 4 increase compared to the previous period, with a payout ratio of 32.8%.