Fiscal Year Ending December 2026 First Quarter Earnings Report [Japanese Standards] (Consolidated)

Summary of Performance

The consolidated financial results for the first quarter of fiscal year ending December 2026 show net sales of ¥147.69 billion (down 2.3% YoY), operating income of ¥20.31 billion (down 4.6% YoY), ordinary income of ¥20.67 billion (down 3.6% YoY), and net income attributable to owners of the parent of ¥12.99 billion (down 15.1% YoY). Although revenue increased due to growth in the Wireless & Communications Business, it declined due to a decrease in large-scale spot sales in the Real Estate Business. Operating income increased in the Wireless & Communications Business but was impacted by a decrease in profit in the Real Estate Business. The planned annual dividend remains at ¥36, unchanged from the previous period.

Segment Performance

The Wireless & Communications Business reported net sales of ¥89.86 billion (up 10.8% YoY) and segment profit of ¥19.09 billion (up 53.8% YoY), both showing growth. The Micro Devices Business achieved net sales of ¥15.89 billion (up 18.6% YoY) and a segment profit of ¥145 million (recovering from a loss of ¥3.29 billion in the same period last year). The Brake Business posted net sales of ¥14.82 billion (up 4.1% YoY) with segment profit of ¥973 million (down 5.1% YoY). The Precision Equipment Business had net sales of ¥13.60 billion (down 3.1% YoY) and segment profit of ¥922 million (up 43.5% YoY). The Chemicals Business reported net sales of ¥2.31 billion (down 0.6% YoY) and segment profit of ¥100 million (improved from a loss of ¥125 million in the same period last year). The Textile Business registered net sales of ¥6.73 billion (down 15.5% YoY) and a segment loss of ¥442 million (expanded loss). The Real Estate Business saw net sales of ¥888 million (a decrease of ¥14.04 billion YoY) and segment profit of ¥515 million (down ¥11.04 billion YoY), reflecting decreased revenue and profit decline.