Fiscal Year Ending December 2026 Third Quarter Financial Summary [Japanese GAAP] (Consolidated)

Performance Highlights

For the third quarter of the current fiscal year, consolidated net sales decreased 2.0% year-over-year to 29,444 million yen. Operating income decreased 15.2% year-over-year to 6,362 million yen, ordinary income decreased 14.6% year-over-year to 6,247 million yen, and net income attributable to owners of parent for the quarter decreased 16.0% year-over-year to 4,352 million yen. By segment, the iodine and natural gas business experienced lower sales volume and was affected by raw material costs, resulting in lower sales and profits, while the metal compounds business saw increased sales volume but profits declined due to higher raw material costs. The financial position remains stable with total assets of 51,382 million yen and net assets of 42,396 million yen. There is no change to the full-year forecast, and per-share indicators reflecting the stock split have been disclosed.

Outlook for the Company and Impact on Shareholders

There is no change to the full-year earnings forecast, and the company will disclose information in a timely manner while monitoring demand uncertainty. The financial structure has improved with increased net assets and an improving equity ratio. Due to the stock split, caution is required when comparing per-share figures. Future recovery of performance will depend on raw material price trends and market supply-demand recovery.