Financial Summary for the First Quarter of Fiscal Year Ending November 2026 [Japanese Standards] (Consolidated)

Overview of Business Performance

During the consolidated cumulative first quarter period of the fiscal year ending November 2026, the global economy maintained steady growth. Due to the impact of foreign exchange rates, both net sales and operating income significantly increased year-on-year in Europe, Africa, and Asia. Solid sales trends and cost reduction effects also led to a substantial increase in operating income in Japan and the U.S. As a result, net sales reached 42.627 billion yen (12.8% increase YoY), operating income was 6.134 billion yen (57.9% increase YoY), ordinary income was 6.694 billion yen (61.1% increase YoY), and net income attributable to owners of parent for the quarter was 5.04 billion yen (93.2% increase YoY). The overseas sales ratio rose to 70.8%.

Financial Condition and Dividend Status

Total assets decreased by 2.512 billion yen from the end of the previous fiscal year to 265.187 billion yen, while net assets increased by 571 million yen to 194.428 billion yen, and the equity ratio improved to 68.8% (67.5% at the end of the previous fiscal year). The dividend forecast for the fiscal year ending November 2026 is set at 84 yen annually (39 yen at the end of the first quarter, 45 yen at the fiscal year-end), representing a dividend decrease forecast from 88 yen in the previous fiscal year.