Fiscal Year Ending March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Business Performance

For the cumulative consolidated period of Q3 FY March 2026, net sales were JPY 146,716 million (9.5% YoY decrease), operating income was JPY 6,306 million (28.8% YoY decrease), ordinary income was JPY 6,028 million (24.0% YoY decrease), and net income attributable to owners of the parent was JPY 5,030 million (9.8% YoY decrease). The semiconductor and electronic device segment saw a gradual recovery in demand as customers reduced inventory; however, sales declined due to a decrease in automotive semiconductor product sales and prolonged wafer market adjustments, resulting in lower segment profits compared to the same period last year. Meanwhile, the computer systems-related segment achieved increases in both sales and profits due to the expansion of cloud usage and strong sales of security products.

Financial Position and Dividend Status

Total assets increased to JPY 158,331 million compared to the end of the previous consolidated fiscal year, net assets amounted to JPY 50,089 million, and the equity ratio improved to 31.1%. Regarding dividends, the forecast for the fiscal year ending March 2026 is a total annual dividend of JPY 99.00, down from JPY 119.00 in the previous fiscal year. The full-year earnings forecast projects net sales of JPY 200,000 million (7.6% decrease YoY), ordinary income of JPY 9,100 million (20.3% decrease YoY), and net income attributable to owners of the parent of JPY 7,200 million (18.9% decrease YoY).