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

Overview of Performance

Consolidated performance for the fiscal year ending March 2026 showed net sales of 677,919 million yen (4.1% decline YoY), but operating income increased substantially to 18,715 million yen (23.3% increase YoY), ordinary income rose to 20,840 million yen (56.9% increase YoY), and net income attributable to owners of parent surged to 16,026 million yen (158.1% increase YoY). The profit growth was driven by increased core sales excluding delivered goods, material cost fluctuations, and foreign exchange impacts, as well as rationalization improvements and price pass-through implementation. Segment-wise, profits increased significantly in Japan and North America; Europe showed sales growth but profit decline; China experienced sales decrease but profit increase; Asia achieved sales growth but profit decline.

Financial Position and Outlook

Total assets increased by 20.4 billion yen to 334.3 billion yen, net assets rose by 22.6 billion yen to 145.8 billion yen, improving the equity ratio to 41.5%. Cash flow from operating activities increased by 55.9% YoY to 38.6 billion yen; cash outflow from investing activities was 26.5 billion yen; and cash outflow from financing activities was 6.3 billion yen. For the fiscal year ending March 2027, the company forecasts net sales of 669.0 billion yen (1.3% decrease YoY), operating income of 19.0 billion yen (1.5% increase YoY), ordinary income of 19.0 billion yen (8.8% decrease YoY), and net income attributable to owners of parent of 14.0 billion yen (12.6% decrease YoY).