Notice Regarding Differences from Previous Period Results in Individual Financial Performance

Overview of Performance

For the fiscal year ending March 2026, individual net sales remained nearly flat at 113,865 million yen compared to the previous period. However, operating income decreased to 5,644 million yen year-over-year, mainly due to expenses related to restricted stock compensation for employees. Ordinary income and net income attributable to owners of parent significantly increased to 20,285 million yen and 16,065 million yen, respectively, driven by higher dividends received from group companies and gains on sales of held shares.

Reasons for Variance

While net sales remained almost unchanged, the decrease in operating income was primarily impacted by the recognition of expenses related to restricted stock compensation for employees. The rise in ordinary income and net income attributable to owners of parent resulted from increased dividend income from group companies and gains on sales of held shares. This led to a substantial net income increase of 40.29% compared to the previous period.