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

Performance Overview

For the fiscal year ending March 2026, consolidated revenue was ¥5,117.7 billion (up 4.5% YoY), driven by increased vehicle production volume by customers and higher powertrain unit sales. Operating income reached ¥228.7 billion (up 12.7% YoY), profit before tax was ¥247.9 billion (up 43.0% YoY), and net income attributable to owners of parent was ¥171.6 billion (up 59.6% YoY), achieving substantial profit growth. By segment, revenue and profit increased in Japan, North America, and ASEAN & India, while Europe and China experienced decreases in both revenue and profit. Cash flow increased by ¥376.0 billion from operating activities, decreased by ¥77.1 billion from investing activities, and decreased by ¥181.9 billion from financing activities, resulting in a year-end cash and cash equivalents balance of ¥592.3 billion.

Capital Policy and Future Outlook

At the Board of Directors meeting on April 28, 2026, resolutions were approved to acquire treasury stock with an upper limit of 65 million shares and a total acquisition amount of ¥100 billion, conduct a tender offer with a maximum of 23.23 million shares amounting to ¥46.1 billion, and cancel 33,000,000 shares of treasury stock. These measures aim to improve capital efficiency and enhance corporate value. The earnings guidance for the fiscal year ending March 2027 forecasts revenue of ¥5,250 billion (up 2.6% YoY), operating income of ¥235 billion (up 2.7% YoY), and net income attributable to owners of parent of ¥150 billion (down 12.6% YoY). Foreign exchange assumptions are ¥150 per US dollar and ¥21.5 per Chinese yuan, with a ¥15 billion profit reduction factored in due to rising raw material prices associated with Middle East geopolitical conditions.