Financial Summary for Q1 of Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

Performance Overview

For Q1 of the fiscal year ending December 2026, consolidated net sales were JPY 24.026 billion (up 10.8% YoY), operating income was JPY 2.245 billion (up 33.8% YoY), ordinary income was JPY 2.215 billion (up 31.7% YoY), and quarterly net income attributable to owners of parent was JPY 1.474 billion (up 17.8% YoY). In the synthetic resin business, sales increased due to the consolidation of Fujiko Co., Ltd., a consolidated subsidiary, and cost reduction efforts contributed to a significant rise in operating income. The new materials business saw higher sales and profits driven by strong demand for optical films used in large LCD TVs. The building materials business experienced decreased sales and profits due to a decline in housing starts, while other businesses recorded increased sales and profits supported by steady information system development and hotel operations.

Financial Position and Dividend Status

Total assets increased to JPY 117.690 billion compared to the previous consolidated fiscal year-end, but the equity ratio declined by 7.7 points to 53.6%. Regarding dividends, the annual forecast for the fiscal year ending December 2026 is set at JPY 220 (JPY 110 at the end of Q2 and JPY 110 at year-end), expecting a dividend increase compared to the previous fiscal year. There is no revision to the earnings forecast.