Financial Summary for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Overview of Performance

Consolidated net sales for the fiscal year ending March 2026 amounted to 227.872 billion yen (2.8% YoY increase), showing steady growth. However, operating income declined to 8.937 billion yen (42.2% YoY decrease), ordinary income was 8.248 billion yen (44.4% YoY decrease), and net income attributable to owners of parent was 7.069 billion yen (39.0% YoY decrease). The primary factors for the profit decline included sharp rises in major raw material prices, increased costs related to launching new products, and slowing growth in the automotive and mobile device markets. Comprehensive income was 13.44 billion yen (24.5% YoY increase).

Financial Position and Cash Flow Status

Total assets increased to 232.142 billion yen (7.8% YoY increase), net assets rose to 144.362 billion yen (7.9% YoY increase), and the equity ratio remained stable at 62.1%. Cash flow from operating activities was positive 16.988 billion yen, cash flow from investing activities was negative 24.385 billion yen, and cash flow from financing activities was positive 454 million yen, resulting in cash and cash equivalents at the end of the period amounting to 48.499 billion yen.

Dividend Status

The annual dividend was maintained at 60 yen (interim 30 yen, year-end 30 yen), with a dividend payout ratio of 57.2% and a return on equity dividend ratio of 2.9%. The dividend forecast for the fiscal year ending March 2027 is an annual dividend of 50 yen (interim 25 yen, year-end 25 yen).

Earnings Forecast for the Fiscal Year Ending March 2027

The full-year earnings forecast for the fiscal year ending March 2027 anticipates net sales of 240.0 billion yen (5.3% YoY increase), operating income of 9.5 billion yen (6.3% YoY increase), ordinary income of 8.5 billion yen (3.0% YoY increase), and net income attributable to owners of parent of 6.0 billion yen (15.0% YoY decrease). The exchange rate assumption is 1 USD = 153 yen.