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

Overview of Business Performance for the Fiscal Year Ending December 2025

For the fiscal year ending December 2025, consolidated net sales were ¥200.417 billion (2.1% increase YoY), operating income was ¥25.467 billion (17.7% increase YoY), ordinary income was ¥35.078 billion (8.1% increase YoY), and net income attributable to owners of parent was ¥26.272 billion (104.8% increase YoY). The main factors contributing to the profit increase included improvements in selling prices and product mix, as well as the absence of impairment losses. Sales in both the automotive electrical equipment market and life and industrial equipment market increased, with the automotive electrical equipment market reaching ¥154.549 billion (1.3% increase YoY).

Earnings Forecast and Stock Split for the Fiscal Year Ending December 2026

The consolidated earnings forecast for the fiscal year ending December 2026 anticipates net sales of ¥213 billion (6.3% increase YoY) and operating income of ¥26 billion (2.1% increase YoY), while ordinary income is expected to be ¥29.2 billion (16.8% decrease YoY) and net income attributable to owners of parent ¥21.5 billion (18.2% decrease YoY). These forecasts do not include foreign exchange gains or losses, and cost increases related to higher selling, general and administrative expenses due to M&A activities and strengthened research and development have had an impact. Additionally, a 2-for-1 stock split was carried out on January 1, 2026 to enhance investment accessibility for shareholders. The dividend is planned at ¥56 per share reflecting the stock split (equivalent to ¥112 before the split), maintaining stable profit distribution.