Fiscal Year Ending March 2026 Financial Summary〔IFRS〕(Consolidated)

Overview of Performance

Consolidated results for the fiscal year ending March 2026 showed a slight increase in revenue to JPY 1,510.74 billion (0.4% increase YoY). Operating profit grew to JPY 38.5 billion (22.9% increase YoY), while operating income declined to JPY 28.43 billion (4.3% decrease YoY) due to additional structural reform costs and foreign exchange losses. Net income attributable to owners of the parent rose significantly to JPY 8.143 billion (4.1 times YoY). Domestically, despite a sluggish number of new housing starts, strong demand for water-related product renovations persisted, while overseas improvements in profitability in Europe and sales expansion in growth markets such as the Middle East and India contributed positively.

Segment Performance and Outlook

The reporting segments were revised to three categories: Water Technology Business, Housing Technology Business, and Living Business. The Water Technology Business performed well with revenue of JPY 811.052 billion (0.8% increase YoY) and operating profit of JPY 45.438 billion (23.3% increase YoY). Housing Technology Business posted revenue of JPY 525.657 billion (0.3% decrease YoY) and operating profit of JPY 26.710 billion (2.6% increase YoY). Living Business recorded revenue of JPY 207.579 billion (1.0% increase YoY) and operating profit of JPY 7.842 billion (8.5% increase YoY). For the fiscal year ending March 2027, revenue is forecasted at JPY 1.6 trillion (5.9% increase YoY) and net income attributable to owners of the parent at JPY 12 billion (47.4% increase YoY). Dividends are planned to be maintained at an annual JPY 90.