Fiscal Year Ending March 2026 Financial Summary [IFRS] (Consolidated)

Overview of Consolidated Results for Fiscal Year Ending March 2026

Consolidated revenue for the fiscal year ending March 2026 was JPY 356,865 million (3.6% decrease YoY), primarily impacted by parts supply shortages in the Safety & Security segment's wireless systems business and tariff measures in the United States resulting in decreased sales. Operating income before depreciation was JPY 20,880 million (17.5% decrease YoY), operating income was JPY 20,540 million (5.7% decrease YoY), and income before income taxes was JPY 21,660 million (7.8% decrease YoY). Net income attributable to owners of the parent was JPY 16,787 million (17.2% decrease YoY), reflecting a decline in profitability. By segment, the Mobility & Telematics Services segment saw revenue decline yet an increase in operating income; the Safety & Security segment experienced decreases in both revenue and profit; while the Entertainment Solutions segment recorded decreased sales but increased operating income.

Financial Position, Cash Flows, and Dividend Status

Total assets amounted to JPY 347,605 million (approximately JPY 34.3 billion increase from previous period), contributed by increases in both current and non-current assets. Total liabilities were JPY 197,960 million (approximately JPY 16.0 billion increase YoY), influenced by the issuance of convertible bond-type bonds with subscription rights to shares. Total equity reached JPY 149,698 million (approximately JPY 18.3 billion increase YoY), with the reduction from share buybacks offset by increased retained earnings and foreign exchange gains. Cash flow from operating activities increased by JPY 33,758 million, investing activities saw an increased outflow of JPY 22,340 million, and financing activities experienced an inflow of JPY 1,761 million. The annual dividend is planned at JPY 18 per share (up from JPY 15 last year), with a total shareholder return ratio forecast of approximately 33%. The dividend forecast for the fiscal year ending March 2027 is JPY 20 per share.