Financial Summary for the Fiscal Year Ending December 2025〔IFRS〕(Consolidated)

Overview of Business Performance

For the fiscal year ending December 2025, consolidated performance showed increased demand in the Component Solutions, Transport Solutions, and Accessibility Solutions segments, resulting in net sales of JPY 307,912 million (up 9.8% YoY) and operating income of JPY 20,726 million (up 60.3% YoY). The increase in operating income was driven by higher sales and profitability improvements from Project 10 initiatives. However, in the fourth quarter, the company recorded a loss of JPY 1,324 million related to the reorganization of an affiliated company for railway vehicle equipment and a goodwill impairment loss of JPY 989 million for Deep Sea Co. Net income attributable to owners of parent stood at JPY 15,695 million (up 55.1% YoY).

Outlook and Dividends

For the fiscal year ending December 2026, net sales are forecasted at JPY 327,000 million (up 6.2% YoY) and operating income at JPY 27,700 million (up 33.6% YoY). Segment-wise, demand growth is expected in the Component Solutions and Transport Solutions businesses. The annual dividend is planned to remain at JPY 80, the same as for the fiscal year ending December 2025, with a forecast of JPY 82 for 2026. The company is also conducting share buybacks and cancellations, focusing on shareholder returns.