Nihon Dengi Co., Ltd. Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Overview of Performance

In the second quarter of the fiscal year ending March 2027, Nihon Dengi achieved orders of 33,303 million yen (an increase of 18.6% year-on-year) and net sales of 19,758 million yen (an increase of 5.8% year-on-year). Driven mainly by contributions from the HVAC instrumentation-related business, operating income expanded to 4,549 million yen (an increase of 9.9% year-on-year), ordinary income to 4,846 million yen (an increase of 12.8% year-on-year), and net income attributable to owners of parent to 3,300 million yen (an increase of 11.2% year-on-year). By segment, HVAC instrumentation-related sales were 17,403 million yen (decline in new construction work offset by increase in existing facility work) and industrial systems-related sales were solid at 2,354 million yen. There is no revision to the annual plan, and the seasonality of sales due to seasonal factors continues.

Financial Position and Dividends

At the end of the interim period, total assets stood at 60,162 million yen, net assets at 48,926 million yen, and the equity ratio was 81.3%. The primary factors were a decrease in current assets and an increase in investment securities, and liabilities decreased to 11,235 million yen. There is no change to the recently announced dividend policy. Interim net income per share, taking into account a stock split, is 51.78 yen, and the dividend policy is expected to remain unchanged moving forward.