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

Overview of Results

For the fiscal year ending March 2026, consolidated results recorded net sales of 252.756 billion yen (up 3.9% YoY), operating income of 19.083 billion yen (up 22.1% YoY), ordinary income of 19.677 billion yen (up 22.9% YoY), and net income attributable to owners of parent of 15.073 billion yen (up 35.9% YoY), marking record highs. The housing equipment-related business performed strongly, driven mainly by increased sales for new homes. By segment, net sales in the housing equipment-related business were 252.493 billion yen (up 3.8% YoY), with operating income of 18.851 billion yen (up 22.1% YoY).

Financial Condition, Dividends, and Shareholder Returns

Total assets increased year-on-year to 285.152 billion yen, while the equity ratio slightly decreased from 70.2% to 68.8%. The annual dividend was increased to 116 yen (from 78 yen the previous year), resulting in a dividend payout ratio of 50.0%. Treasury stock acquisition worth 10.499 billion yen was also executed, with a consolidated total return ratio of 118.9%. Furthermore, a treasury stock acquisition plan of up to 12 billion yen has been decided for the period from May 1, 2026 to February 19, 2027.

Outlook

The earnings forecast for the fiscal year ending March 2027 anticipates net sales of 260 billion yen (up 2.9% YoY), operating income of 20.8 billion yen (up 9.0% YoY), ordinary income of 21.5 billion yen (up 9.3% YoY), and net income attributable to owners of parent of 15.4 billion yen (up 2.2% YoY). Geopolitical risks and fluctuations in material costs are not currently factored into the forecast; any impacts will be disclosed promptly if they arise.