First Quarter Financial Summary for the Fiscal Year Ending March 2027 (Japan GAAP) (Consolidated)

Performance overview

This quarter's net sales were ¥48,987 million, up 27.7% YoY. Operating income was ¥4,945 million, ordinary income over ¥5,000 million, and net income attributable to owners of the parent over ¥3,000 million, showing a substantial improvement. Gains were supported by currency effects and favorable segment performance. Full-year guidance remains at net sales of ¥210,000 million, operating income of ¥14,000 million, and net income attributable to owners of the parent of ¥10,500 million.

Segment trends and financial position

All segments Industrial Process, Visual Imaging, Life Science, and Photonics Solution achieved revenue and profit growth driven by demand recovery and utilization improvements, including effects from the AMS-OSRAM light source acquisition. As of the end of the first quarter of the fiscal year ending March 2027, total assets stood at ¥373,832 million, net assets at ¥223,451 million, maintaining a high equity ratio. Cash and deposits contribute to medium-term capital policy considerations. Dividends are expected to continue at ¥70.