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

Overview of Performance

For the fiscal year ending March 2026, consolidated results recorded net sales of JPY 2,504.82 billion (13.6% YoY increase), operating income of JPY 272.415 billion (21.5% YoY increase), income before income taxes of JPY 276.81 billion (16.4% YoY increase), and net income attributable to owners of parent of JPY 195.663 billion (17.0% YoY increase), setting new records in both sales and profit. Strong shipments for ICT market products, along with rationalization and structural reform effects, contributed to profit growth. By product category, energy application products accounted for the largest composition at JPY 1,370.34 billion (16.5% YoY increase), with passive components, sensor application products, and magnetic application products also recording revenue increases.

Financial Position and Cash Flow

At the end of the fiscal year March 2026, total assets amounted to JPY 4,415.175 billion (24.7% YoY increase), and equity attributable to owners of parent stood at JPY 2,187.234 billion (21.5% YoY increase). Cash flows from operating activities totaled JPY 507.672 billion (an increase of JPY 6.1833 billion YoY), cash flows from investing activities was negative JPY 377.751 billion (an increase of JPY 13.2909 billion YoY), and cash flows from financing activities was negative JPY 64.747 billion (a decrease of JPY 7.8586 billion YoY).

Dividend Status

The annual dividend for fiscal year ending March 2026 was JPY 36 (interim dividend JPY 16, year-end dividend JPY 20), with an expected annual dividend of JPY 40 (interim JPY 20, year-end JPY 20) for fiscal year ending March 2027. The company aims for stable dividend increases targeting a payout ratio of approximately 35%.

Earnings Forecast for Fiscal Year Ending March 2027

The consolidated performance forecast for the fiscal year ending March 2027 anticipates net sales of JPY 2,580 billion (3.0% YoY increase), operating income of JPY 295 billion (8.3% YoY increase), income before income taxes of JPY 300 billion (8.4% YoY increase), net income attributable to owners of parent of JPY 225 billion (15.0% YoY increase), and basic earnings per share of JPY 118.54. Structural reform expenses of approximately JPY 6 billion, including fixed asset acquisitions and R&D expenses, are planned.