FY2026 Q3 Financial Summary [IFRS] (Consolidated)

Performance Overview

For the fiscal year ending March 2026, consolidated results were net sales of JPY 731.27 billion (12.0% YoY increase), operating income of JPY 138.158 billion (6.6% YoY increase), profit before tax of JPY 165.484 billion (24.1% YoY increase), and net income attributable to owners of parent of JPY 112.892 billion (21.9% YoY increase). The automotive-related segment reported net sales of JPY 587.55 billion (8.2% YoY increase) and operating income of JPY 135.32 billion (0.8% YoY increase), driven by growth in global new vehicle assembly products and steady demand for repair parts. The Component & Solution segment posted net sales of JPY 130.742 billion (26.8% YoY increase) supported by strong sales for generative AI applications, advanced logic semiconductors, and contributions from subsidiary Niterra Materials; however, it posted an operating loss of JPY 4.58 billion due to impairment losses. Other businesses recorded net sales of JPY 13.766 billion (74.2% YoY increase) and operating income of JPY 7.436 billion (324.5% YoY increase).

Financial Position and Cash Flow Status

As of March 2026 fiscal year-end, total assets amounted to JPY 1.2211 trillion (YoY increase of JPY 230.134 billion), total liabilities were JPY 449.846 billion (YoY increase of JPY 133.62 billion), and total equity reached JPY 771.255 billion (YoY increase of JPY 96.532 billion). Cash flows from operating activities were JPY 109.384 billion (YoY decrease of JPY 23.536 billion), cash flows from investing activities were outflows of JPY 165.531 billion (YoY increase of JPY 131.285 billion), and cash flows from financing activities were inflows of JPY 28.616 billion (previous fiscal year outflows of JPY 70.995 billion), resulting in cash and cash equivalents of JPY 187.747 billion at fiscal year-end.

Outlook

For the fiscal year ending March 2027, assuming exchange rates of 1 US$ = JPY 150 and 1 Euro = JPY 180, the company forecasts net sales of JPY 790.0 billion (8.0% YoY increase), operating income of JPY 150.0 billion (8.6% YoY increase), profit before tax of JPY 150.0 billion (9.4% YoY decrease), and net income attributable to owners of parent of JPY 105.0 billion (7.0% YoY decrease), driven by steady demand in the automotive segment, expansion of high value-added products, and growth in generative AI-related demand in the SPE business. The dividend is planned at JPY 210 per share annually.