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

Overview of Results

Consolidated results for the first quarter of the fiscal year ending December 2026 were net sales of JPY 117.644 billion (up 3.6% YoY), operating income of JPY 10.4 billion (down 35.6% YoY), ordinary income of JPY 14.885 billion (down 3.4% YoY), and net income attributable to owners of the parent of JPY 12.814 billion (up 30.9% YoY). Although the global economy maintained a firm growth trajectory, there were regional differences in economic conditions. In the Bicycle Components segment, operating income declined due to the European winter off-season and uncertain conditions in North America. Conversely, the Fishing Tackle segment performed steadily with increases in both net sales and operating income.

Revisions to Earnings Forecast and Dividend

For the full fiscal year ending December 2026, consolidated earnings forecasts are net sales of JPY 467.0 billion (unchanged from previous forecast), operating income of JPY 47.0 billion (unchanged), ordinary income of JPY 53.3 billion (down 4.8% from previous forecast), and net income attributable to owners of the parent of JPY 42.0 billion (unchanged). Only the ordinary income forecast has been revised downward. The annual dividend is forecast at JPY 363, representing an increase compared to the previous fiscal year. Although the number of treasury shares has increased due to share buybacks, there is no significant change in the number of outstanding shares.