(Correction) Notice Regarding Partial Correction of “Supplementary Materials for the Fiscal Year Ending March 2026 Financial Results”

Performance Overview

For the fiscal year ending March 2026, consolidated results showed net sales of 112,093 million yen (5.1% YoY increase), operating income of 9,763 million yen (60.2% YoY increase), ordinary income of 10,084 million yen (60.0% YoY increase), and net income attributable to owners of parent of 6,602 million yen (72.7% YoY increase), all marking profit growth. Net sales increased as declines in the Metering Business and Optical Application Inspection Equipment Business were offset by growth in the Power Equipment Business, driven by special high-voltage substation plant orders, and in the GX Solutions Business. Profitability improved significantly due to increased sales.

Segment Status and Future Outlook

The Power Equipment Business accounted for 57% of net sales and performed well due to increased orders for special high-voltage substation plants. The Metering Business was nearly flat, while the GX Solutions Business achieved higher sales and profits driven by EMS-related projects and PPP/PFI projects. Although the Optical Application Inspection Equipment Business declined, overall performance was lifted. For fiscal 2026, increases in sales and profits are expected in the Power Equipment and Metering businesses, with order backlog also growing. Dividends were determined at 120 yen annually (a 25 yen increase compared to the previous fiscal year), targeting a consolidated payout ratio of 30%.