Financial Summary for the Second Quarter (Interim) of the Fiscal Year Ending June 2026 [Japanese GAAP] (Consolidated)

Overview of Performance

For the second quarter of the fiscal year ending June 2026, consolidated net sales slightly increased to 63,063 million yen (up 0.9% YoY). However, operating income decreased to 5,056 million yen (down 31.4% YoY), ordinary income declined to 5,311 million yen (down 28.1% YoY), and interim net income attributable to owners of parent was 4,023 million yen (down 21.1% YoY), resulting in reduced profitability. By segment, the Packaging Plant business performed well with net sales of 42,177 million yen (up 17.0% YoY), whereas the Mechatronics System business and Agricultural Equipment business experienced declines in revenue and profit. Notably, the Mechatronics System segment posted an operating loss, and the Agricultural Equipment segment was affected by increased depreciation expenses associated with the new headquarter factory.

Financial Position and Dividend Status

Total assets increased to 160,314 million yen compared with the previous fiscal year-end. Net assets totaled 111,574 million yen, and the equity ratio improved to 69.6%. Interest-bearing debt decreased to 3,243 million yen. Cash flow showed a decrease of 3,663 million yen from operating activities, a decrease of 7,855 million yen from investing activities, and a decrease of 1,837 million yen from financing activities, resulting in cash and cash equivalents of 32,277 million yen. The dividend for the end of the second quarter was 47.50 yen, with the annual forecast remaining unchanged at 95.00 yen. The full-year earnings guidance for the fiscal year ending June 2026 remains unchanged, with net sales forecasted at 133 billion yen (up 3.1% YoY) and operating income at 13 billion yen (down 5.4% YoY).