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

Overview of Business Results

For the fiscal year ending March 2026, consolidated net sales amounted to 633.668 billion yen (50.3% year-over-year increase), operating income was 18.784 billion yen (84.7% year-over-year increase), ordinary income was 13.322 billion yen (80.6% year-over-year increase), and net income attributable to owners of parent was 10.015 billion yen (79.2% year-over-year increase). These results were primarily driven by increased sales in servers, storage and automotive applications, as well as improved profitability due to sharp price increases of memory products. By segment, Japan reported net sales of 159.885 billion yen (25.6% year-over-year increase) and segment income of 7.094 billion yen (61.4% year-over-year increase), while overseas posted net sales of 473.783 billion yen (61.0% year-over-year increase) and segment income of 11.437 billion yen (94.4% year-over-year increase).

Financial Position and Outlook

Total assets reached 344.957 billion yen (202.7% year-over-year increase), liabilities were 285.719 billion yen (344.0% year-over-year increase), and net assets totaled 59.237 billion yen (19.4% year-over-year increase). Meanwhile, the equity ratio declined to 17.2%. Cash flows from operating activities recorded a significant outflow of 97.467 billion yen, while financing activities generated an inflow of 95.965 billion yen. For the fiscal year ending March 2027, consolidated earnings forecasts anticipate net sales of 750 billion yen (18.4% year-over-year increase), operating income of 18.2 billion yen (3.1% year-over-year decrease), ordinary income of 14.5 billion yen (8.8% year-over-year increase), and net income attributable to owners of parent of 11 billion yen (9.8% year-over-year increase). Dividends are planned at 540 yen per share (payout ratio 36.7%), with a plan to increase to 600 yen per share (payout ratio 37.1%) next fiscal year.