Fiscal Year Ending March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Performance

Consolidated net sales for the third quarter of the fiscal year ending March 2026 amounted to 442.418 billion yen, representing a 0.5% decrease year-over-year. Operating income was 39.021 billion yen (0.6% decrease YoY), while ordinary income rose to 45.387 billion yen (8.6% increase YoY) due to increased foreign exchange gains. Net income attributable to owners of parent for the quarter decreased to 29.982 billion yen (8.9% decrease YoY), impacted by the absence of one-time special gains. Segment-wise, sales and profits displayed distinct regional characteristics in Japan, India, Europe, Asia, Africa, and other areas.

Financial Position and Dividend Status

Total assets stood at 786.321 billion yen, net assets at 364.614 billion yen, with the equity ratio improving slightly to 36.4% year-over-year. The dividend forecast for the fiscal year ending March 2026 is an increase to 110 yen annually, up from 50 yen the previous year, with quarterly dividends planned at 55 yen at both the end of the second quarter and fiscal year-end. Earnings guidance for the full fiscal year expects net sales of 590.0 billion yen (0.2% increase YoY), operating income of 51.0 billion yen (2.0% decrease YoY), ordinary income of 55.0 billion yen (12.0% increase YoY), and net income attributable to owners of parent of 34.0 billion yen (11.2% decrease YoY).