First Quarter Consolidated Financial Results for the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)

Overview of Results

The cumulative total for the first quarter surged to about ¥4,020 billion in net sales (up 50.1% YoY), with Information & Communications markedly expanding due to data center demand. Operating income rose to about ¥1,048 billion (+155.1%), ordinary income to about ¥1,115 billion (+166.8%), and net income attributable to owners of the parent to about ¥804 billion (+156.8%), maintaining a high level. R&D expenditure remained at the level of the first quarter. At the end of the term, the equity ratio was 56.8%, and total equity was ¥641,577 million.

Outlook and Considerations

For the full-year 2027, the company has issued a revised forecast in the second quarter, reflecting changes to interim earnings projections. Exchange rate movements, raw material trends, and the progress of acquiring new data center projects may affect performance. By segment, Information & Communications is expected to continue to drive overall results, while Electronics warrants attention for potential slowdown. In the long term, high-margin projects and improved pricing are anticipated to lift profitability.