Q1 Financial Summary (Consolidated) [Japanese GAAP]

Overview of results

Muro Corporation reported net sales of 5,808 million yen for the first quarter of the fiscal year ending March 2027, up 1.2% year over year. Although operating income declined due to increased man-hours from new product launches and higher raw material costs, ordinary income significantly improved due to decreases in subsidies related to a U.S. subsidiary. Net income attributable to owners of the parent increased substantially. Segment-wise, metal-related components and resin-related components remained solid, while other businesses softened due to factors such as geopolitical developments in the Middle East. The full-year forecast remains unchanged.

Outlook and capital position

The full-year earnings forecast remains unchanged from the May release. While uncertainties persist given the current assumptions, the company will continue to pursue cost reductions and earnings improvements on the ground. Financial position: total assets 30,028 million yen, equity ratio 76.1%, equity capital 22,862 million yen. Dividend forecast: mid-year and final dividends totaling 47 yen for the year ending March 2027 (23 yen interim, 24 yen final, total 47 yen).