Fiscal Year Ending March 2027 Q2 (Interim) Financial Summary [Japanese Standards] (Consolidated)

Overview of Results

For the interim period, net sales amounted to 10,690 million yen, a decrease of 13.0% year-over-year. However, due to additional contracted construction work, ordinary income increased to 670 million yen and net income attributable to owners of parent for the interim rose to 457 million yen. By segment, Fasteners, Civil Engineering Materials, and Construction all generated sales and profits, and overall profitability improved despite the revenue decline. Supplementary materials for the financial results were prepared; no earnings presentation meeting was held. The full-year earnings forecast remains unchanged from the previous announcement.

Financial Position and Outlook

At the end of the interim period, total assets were 26,953 million yen, net assets were 22,379 million yen, and the equity ratio remained high at 83.0%. The decrease in assets was due in part to a reduction in completed-contract accounts receivable, and liabilities declined significantly. The outlook for future performance remains based on the assumption of continued stable order intake, and there is no change to the full-year forecast for the fiscal year ending March 2027.