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

Overview of Performance

For the fiscal year ending March 2026, consolidated net sales amounted to 441,383 million yen (9.8% YoY increase), operating income was 47,613 million yen (2.4% YoY increase), ordinary income was 49,095 million yen (1.6% YoY decrease), and net income attributable to owners of the parent was 40,457 million yen (10.7% YoY increase). On the profitability front, increased volumes driven by proprietary measures contributed positively, and the results of Fictiv Inc., consolidated starting from July, were absorbed. Although ordinary income slightly decreased, net income grew due to a decline in adjustments for corporate tax, etc.

Segment Performance

The FA Business recorded net sales of 160,498 million yen (18.2% YoY increase) and operating income of 20,283 million yen (9.9% YoY decrease), impacted by M&A-related expenses and the consolidation effect of Fictiv Inc. The Mold Components Business reported net sales of 88,368 million yen (2.2% YoY increase) and operating income of 8,694 million yen (8.5% YoY decrease), affected by weakening auto markets in the Americas and Europe. The VONA Business saw steady growth with net sales of 192,516 million yen (7.1% YoY increase) and operating income of 18,635 million yen (28.8% YoY increase).

Financial Position and Cash Flows

Total assets were 464,969 million yen (10.8% YoY increase), net assets were 382,509 million yen (8.6% YoY increase), and the equity ratio stood at 81.7%. Cash flows from operating activities generated net inflows of 52,190 million yen, investing activities saw net outflows of 43,203 million yen, and financing activities resulted in net outflows of 41,801 million yen. Cash and cash equivalents at fiscal year-end amounted to 104,202 million yen.

Outlook for Fiscal Year Ending March 2027

For the fiscal year ending March 2027, consolidated earnings forecasts are net sales of 491,500 million yen (11.4% YoY increase), operating income of 55,000 million yen (15.5% YoY increase), and net income attributable to owners of the parent of 37,400 million yen (7.6% YoY decrease). Despite uncertainties such as geopolitical risks and rising raw material costs, an increase in automation demand related to data centers and semiconductors is anticipated.