Financial Summary for the Fiscal Year Ending March 2026 [Japanese Standards] (Consolidated)

Overview of Performance

For the fiscal year ending March 2026, consolidated performance showed net sales of ¥150,866 million (a 12.3% decrease YoY), operating income of ¥10,973 million (a 35.3% decrease), ordinary income of ¥9,657 million (a 40.4% decrease), and net income attributable to owners of the parent of ¥7,215 million (a 37.7% decrease). Sales volume declined by 6.8% YoY, with high-functionality materials decreasing by 9.9% and general materials decreasing by 5.0%. While raw material prices remained relatively stable, increased personnel costs and depreciation expenses pressured profits.

Future Outlook

The business environment is expected to see solid demand related to semiconductors, with imports decreasing from peak levels. Orders for general stainless steel materials are also recovering, but geopolitical risks such as Middle East tensions and soaring energy prices pose uncertainties, making forecasts challenging. For the fiscal year ending March 2027, consolidated performance is projected to be ¥169,000 million in net sales (a 12.0% increase YoY), ¥13,000 million in operating profit (an 18.5% increase), and ¥8,000 million in net income attributable to owners of the parent (a 10.9% increase).