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

Performance Overview

For the fiscal year ending March 2026, consolidated financial results were net sales of JPY 203.748 billion (down 5.8% YoY), operating income of JPY 10.253 billion (down 17.7% YoY), ordinary income of JPY 9.750 billion (down 14.6% YoY), and net income attributable to owners of parent of JPY 7.842 billion (down 11.6% YoY). In the semiconductor and electronic devices segment, sales declined due to customer inventory adjustments, resulting in lower segment profit. Conversely, the computer systems related business performed well, driven by advances in AI utilization and cloud adoption, achieving net sales of JPY 41.204 billion (up 10.4% YoY) and segment profit of JPY 6.542 billion (up 24.2% YoY).

Financial Position and Cash Flow Status

Total assets stood at JPY 162.211 billion (an increase of JPY 5.37 billion YoY), net assets were JPY 53.756 billion (an increase of JPY 4.752 billion YoY), and the shareholders' equity ratio improved to 32.6%. Cash flow from operating activities was JPY 15.684 billion (compared to JPY 18.915 billion in the prior year), cash flow from investing activities was a cash inflow of JPY 1.2 billion (compared to an outflow of JPY 2.068 billion prior year), and cash flow from financing activities was a cash outflow of JPY 17.848 billion (compared to JPY 15.251 billion prior year). The ending balance of cash and cash equivalents was JPY 7.622 billion.

Dividend Status

The annual dividend for the fiscal year ending March 2026 was JPY 107 (year-end JPY 72, interim JPY 35), with a payout ratio of 40.2%. The dividend forecast for the fiscal year ending March 2027 is an annual dividend of JPY 108 (year-end JPY 69, interim JPY 39), with an expected payout ratio of 40.6%.

Earnings Forecast for Fiscal Year Ending March 2027

The consolidated earnings forecast for the fiscal year ending March 2027 anticipates net sales of JPY 225 billion (up 10.4% YoY), ordinary income of JPY 11.3 billion (up 15.9% YoY), and net income attributable to owners of parent of JPY 7.85 billion (up 0.1% YoY). While risks such as product price increases and extended delivery times caused by memory supply-demand tightening linked to expanded AI-related investments exist, demand recovery in the semiconductor and electronic devices segment as well as the private brand business is expected.