Financial Summary for the Third Quarter of Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Overview of Performance

During the cumulative third quarter period of the fiscal year ending March 2026, net sales totaled JPY 46,067 million (6.7% decrease YoY). Operating income decreased to JPY 2,735 million (13.1% decrease YoY), while ordinary income rose to JPY 4,774 million (3.3% increase YoY), and net income attributable to owners of parent increased to JPY 4,137 million (25.0% increase YoY). The paint-related business was affected by a decline in large-scale projects leading to lower sales and segment profit. The automotive products-related business maintained steady sales, resulting in a slight year-over-year increase in net sales.

Financial Position and Dividend Status

Total assets stood at JPY 85,460 million, slightly up compared to the previous fiscal year-end. Net assets increased to JPY 64,728 million, with an equity ratio of 68.5% (1.1% increase YoY). The annual dividend for the fiscal year ending March 2026 is forecasted at JPY 110, up from JPY 90 the previous year, reflecting an increase. Full-year earnings forecasts anticipate net sales of JPY 60,500 million (8.4% decrease YoY), operating income of JPY 3,050 million (31.6% decrease YoY), and net income attributable to owners of parent of JPY 4,800 million (2.9% decrease YoY), indicating a profit decline but with a stable financial base maintained.