Supplementary Materials for Interim Financial Results for the Fiscal Year Ending March 2027

Performance Overview

In the interim period, profitability improved due to higher sales driven by increased production related to electrification and the effects of efficiency measures. By segment, Japan and China performed steadily, while Thailand slowed, but overall the company achieved increases in both sales and profits. Consolidated net sales were 26,482 million yen, operating income was 1,663 million yen, ordinary income was 1,274 million yen, and interim net income was 839 million yen. Growth in the electrification business is expected to continue in the second half, although uncertainty in overseas demand remains. Full-year forecasts are unchanged. An interim dividend of 4 yen was paid.

Outlook and Impact for Investors

The full-year outlook is net sales of 50,000 million yen, operating income of 2,400 million yen, ordinary income of 1,600 million yen, and net income of 1,000 million yen, with continued contribution from the electrification division toward year-end. In the short term, there remains the risk of production cuts by major overseas customers, but the company will continue rationalization and cost-reduction efforts. The interim dividend of 4 yen demonstrates the company’s shareholder return policy.