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

Performance Overview

For the fiscal year ending March 2026, consolidated results reached net sales of 148.954 billion yen (up 7.0% YoY), operating profit of 9.842 billion yen (up 10.4% YoY), ordinary income of 10.987 billion yen (up 7.2% YoY), and net income attributable to owners of the parent of 16.910 billion yen (up 153.6% YoY), marking a record high. Market conditions were affected by geopolitical risks such as US tariffs and the prolonged invasion of Ukraine by Russia, while domestic capital investment activity remained steady. In the Water Environment segment, increased demand for the expansion and renewal of water supply and drainage facilities, sludge recycling processing, and biomass utilization facilities contributed. Meanwhile, in the Industrial segment, order expansion for chemical and life science plant and equipment supported growth.

Future Outlook and Dividends

For the fiscal year ending March 2027, earnings are projected to reach net sales of 152.0 billion yen (up 2.0% YoY), operating profit of 11.0 billion yen (up 11.8% YoY), ordinary income of 11.7 billion yen (up 6.5% YoY), and net income attributable to owners of the parent of 8.5 billion yen (down 49.7% YoY). The dividend is planned at 88 yen annually (44 yen at the year-end, forecasted), aiming for a payout ratio of 41.0%. While monitoring external factors such as Middle East tensions and exchange rate fluctuations, the company aims for sustainable growth through initiatives like digital transformation (DX), M&A, and alliances.