Financial Results Explanation Document for Fiscal Year 2025 (Period ending March 2026) (IFRS)

Overview of Consolidated Financial Results for FY2025

In FY2025, supported by increased demand in nuclear and energy sectors, the order backlog reached a record high of ¥1.9547 trillion. Sales revenue was ¥1.6434 trillion, and operating income recorded a historic high of ¥165.5 billion. Improved tax effects also contributed to a significant increase in net income attributable to owners of the parent, which totaled ¥160.9 billion. EBITDA also exceeded the previous year at ¥241.8 billion. Although operating cash flow decreased to ¥121.3 billion, metrics such as ROIC and ROE are showing improvement trends.

Outlook for Consolidated Performance in FY2026

For FY2026, expansion in orders for private-sector engines and defense projects is expected, but order backlog is projected to decrease to ¥1.76 trillion due to the反動 of large-scale projects in the energy sector in the previous period. Sales revenue is forecasted at ¥1.83 trillion, with operating income expected to increase to ¥240.0 billion, resulting in an operating profit margin of 13.1%. Pre-tax profit and net income are also expected to increase, setting a new record for three consecutive periods. Operating cash flow is projected to decrease to ¥100.0 billion.