Q1 Financial Results for December 2026 – Supplementary Explanation Materials

Performance Overview

The consolidated net sales for Q1 of the fiscal year ending December 2026 reached 8,149 million yen, an increase of 34.5% compared to the same period last year. Consolidated operating profit was 1,849 million yen, an increase of 86.8%. Net income attributable to owners of parent was 1,204 million yen, rising 170.3% YoY, marking growth for two consecutive years. The growth was mainly driven by increased overseas clean energy-related sales within the fittings segment. Although the disaster prevention and construction segment experienced a decline in semiconductor-related construction, overall earnings base has strengthened.

Segment Performance and Business Portfolio Changes

The fittings segment recorded sales of 5,707 million yen and an operating profit of 1,487 million yen, significantly increasing, driven particularly by clean energy-related activities. The disaster prevention and construction segment posted sales of 1,397 million yen and an operating profit of 394 million yen, impacted by decreases in semiconductor-related construction. The automotive and robotics segments recorded sales of 553 million yen and an operating profit of 43 million yen, recovering to profitability. The overseas sales ratio increased to 30.0%, with active global expansion. Construction of the second factory in Hokkaido is progressing, enhancing production capacity and strengthening responses to the clean energy business.