FY2027 Third Quarter for the Year Ending March 2027 Financial Summary (Consolidated) [Japanese GAAP]

Performance overview

For the cumulative first quarter, net sales were 7,551 million yen, down 3.3% YoY. Operating loss was 239 million yen, ordinary loss 211 million yen, and net loss attributable to owners of the parent was 107 million yen. Key factors include reduced demand in the specialty wire products tied to automotive and civil engineering segments, weakness in wire rope-related demand, and rising costs. By segment, sales declined in the specialty steel wire-related business and in the wire rope-related business; while the engineering-related segment rose, cost increases led to losses. Other real estate-related activities remained solid. Note that, due to delisting plans, full-year earnings guidance is not disclosed.

Financial position and outlook

As of the first quarter end, total assets were 44,319 million yen, net assets 24,976 million yen, and equity ratio 56.4%. Liabilities rose to 19,343 million yen due to increases in accrued expenses. In light of the delisting plan, the full-year consolidated earnings forecast for the year ending March 2027 was not disclosed. Going forward, the company intends to continue expanding sales of high value-added products and reducing costs.