Financial Results Briefing Materials for Fiscal Year 2025

Overview of Fiscal Year 2025 Financial Results

Operating income for FY2025 reached 145.1 billion yen (up 1.9 billion yen YoY), setting a new record. Order backlog increased to 2,739.1 billion yen (up 108.4 billion yen), and net revenue rose to 2,311.2 billion yen (up 181.9 billion yen). Earnings before tax amounted to 145.5 billion yen (up 38.0 billion yen YoY), and net income attributable to owners of the parent was 108.1 billion yen (up 20.1 billion yen). Post-tax ROIC improved to 9.0% (up 1.0pt YoY). Segment-wise, Aerospace Systems, ES&M, and Precision Machinery & Robotics saw profit increases, while PS&E experienced a decline, but overall performance remained strong.

FY2026 Outlook and Incorporation of External Environment

For FY2026, the assumed exchange rate is 150 yen per US dollar, with plans to significantly increase operating income to 170.0 billion yen (up 24.9 billion yen YoY), setting a new record. External factors include risks of delays in material procurement due to Middle East geopolitical situations and potential impacts from US tariff policies. US tariff policies are incorporated based on applicable systems and tax rates as of May 12, 2026, but refunds under the IEEPA tariffs are not included.