Financial Summary for the Third Quarter of Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Business Performance Overview

Consolidated results for the third quarter of the fiscal year ending March 2026 recorded net sales of 394,347 million yen (28.2% year-over-year increase), operating income of 13,400 million yen (53.6% year-over-year increase), ordinary income of 10,405 million yen (63.4% year-over-year increase), and net income attributable to owners of parent of 7,342 million yen (54.4% year-over-year increase). This growth was mainly driven by increased sales of server and storage as well as automotive memory semiconductors, expansion of high-resolution camera CIS for Chinese smartphones, and growth in the domestic SiP business. The surge in memory semiconductor prices also contributed to improved profitability.

Financial Position and Outlook

As of the end of the third quarter, total assets stood at 198,660 million yen (74.3% increase compared to the previous consolidated fiscal year), liabilities at 142,829 million yen (122.0% increase), and net assets at 55,830 million yen (12.5% increase). The equity ratio declined to 28.1%. The dividend forecast has been revised upward to an annual 430 yen. Earnings guidance has also been adjusted due to demand growth for generative AI-related products and rising memory prices, with full-year net sales expected to reach 530 billion yen, operating income 15.5 billion yen, and net income attributable to owners of parent 8 billion yen.