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

Overview of Consolidated Financial Results for FY2026

For the fiscal year ending March 2026, consolidated net sales decreased by 4.0% to 384.24 billion yen compared to the previous year. Operating profit increased by 82.0% to 26.22 billion yen, and ordinary income grew by 153.1% to 19.29 billion yen. Net income attributable to owners of the parent turned positive to 15.70 billion yen, reflecting the recording of special gains such as gains from the transfer of factory land and losses related to US subsidiaries. Segment-wise, the Electronics & Advanced Products segment posted net sales of 104.43 billion yen (up 13.3%) and operating profit of 13.89 billion yen (up 51.5%), performing well. Conversely, the Life Innovation segment recorded net sales of 40.52 billion yen (down 6.3%) and operating profit of 6.24 billion yen (down 34.9%).

Financial Position and Cash Flows

Total assets were 681.06 billion yen, an increase from the previous year's period-end, and net assets increased by 33.88 billion yen. The equity ratio improved to 45.6%, up from 45.2% at the end of the previous year. Cash flows from operating activities totaled 36.15 billion yen, up from 18.62 billion yen a year earlier, while cash flows used in investing activities amounted to 45.02 billion yen due to capital expenditures. Cash flows from financing activities were 7.63 billion yen, mainly due to an increase in borrowings.

Earnings Forecast for FY2027

For the fiscal year ending March 2027, the forecast includes net sales of 450.0 billion yen (up 17.1%), operating profit of 30.0 billion yen (up 14.4%), ordinary income of 20.0 billion yen (up 3.7%), and net income attributable to owners of the parent of 16.0 billion yen (up 1.9%). The company plans to pay a dividend of ¥100 per share annually. The forecast assumes increasing demand and normalization of raw material procurement, leading to increased sales and profits.