Financial Summary for the First Quarter of the Fiscal Year Ending December 2026 (Japanese GAAP) (Consolidated)

Summary of Performance

Consolidated results for the first quarter of the fiscal year ending December 2026 showed net sales increased 7.0% YoY to 8,813 million yen. However, operating income was down 2.0% YoY to 1,959 million yen, ordinary income declined 1.4% YoY to 1,908 million yen, and net income attributable to owners of parent for the quarter decreased 2.7% YoY to 1,326 million yen. The iodine and natural gas segment performed steadily with net sales rising 8.3% YoY to 7,628 million yen, but the metal compounds segment saw net sales fall 0.8% YoY to 1,185 million yen due to price declines and posted an operating loss.

Financial Position and Future Outlook

Total assets decreased by 2,095 million yen from the previous consolidated fiscal year-end to 48,920 million yen. Liabilities declined by 2,442 million yen to 8,503 million yen, while net assets increased by 346 million yen to 40,416 million yen, resulting in an equity ratio rise to 82.6%. The number of issued shares and treasury shares remained unchanged. There is no change in the full-year consolidated earnings forecast, anticipating net sales of 38,000 million yen (3.2% decrease YoY), operating income of 8,000 million yen (15.7% decrease YoY), and net income attributable to owners of parent of 5,400 million yen (16.9% decrease YoY). The dividend forecast remains unchanged at 40.00 yen (post stock-split figure).