Financial Summary for the Third Quarter of Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Performance Overview

For the cumulative period of the third quarter of the fiscal year ending March 2026, net sales amounted to 123,696 million yen (down 1.3% year-over-year). Operating income was 7,947 million yen (up 16.0%), ordinary income was 8,498 million yen (up 28.2%), and net income attributable to owners of the parent was 6,396 million yen (up 67.0%). The decline in net sales was mainly due to a reduction in production volume from major customers in the Japanese market. However, operating income increased due to higher production volume from U.S. customers, effects of human capital investments, and foreign exchange impacts in Mexico.

Segment Performance and Financial Position

The Japan segment reported net sales of 76,816 million yen (down 6.0% year-over-year) and operating income of 2,443 million yen (down 50.6%). The North America segment performed well with net sales of 36,371 million yen (up 7.1%) and operating income of 4,445 million yen (up 176.5%). ASEAN posted net sales of 8,179 million yen (down 2.7%) and operating income of 467 million yen (down 32.4%), while China & Korea recorded net sales of 5,784 million yen (down 13.8%) and operating income of 39 million yen (up 55.1%). Total assets stood at 163,542 million yen (up 5.8% from the previous fiscal year-end), net assets were 89,599 million yen (down 0.4%), and the equity ratio slightly decreased to 53.2%.