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

Performance Overview

For the fiscal year ending March 2026, consolidated net sales reached ¥91,834 million (up 1.7% YoY), driven by steady demand in the logistics and automotive industries, and a recovery trend in semiconductor manufacturing equipment demand. Operating income was ¥5,862 million (up 13.7% YoY), ordinary income was ¥14,810 million (up 1.4% YoY), and net income attributable to owners of the parent was ¥13,529 million (up 11.5% YoY). Segment-wise, the Hose & Tube Products segment achieved net sales of ¥32,983 million (up 4.7%), with segment profit rising significantly to ¥1,073 million (up 627.6%). Conversely, the Chemical Products segment recorded net sales of ¥11,610 million (down 10.3%), with segment profit of ¥929 million (down 8.5%).

Dividends and Future Outlook

The annual dividend for the fiscal year ending March 2026 is scheduled at ¥160 (an increase of ¥25 from the previous year), with the final dividend amounting to ¥88 (up from the previous estimate of ¥73). For the fiscal year ending March 2027, the dividend forecast is ¥170 annually (with interim and year-end dividends of ¥85 each), aiming for a stable and steady increase guided by a consolidated payout ratio of over 30% and a DOE of over 2.5%. The earnings forecast for FY2027 projects net sales of ¥94.0 billion (up 2.4%), operating income of ¥6.2 billion (up 6.1%), ordinary income of ¥15.0 billion (up 1.4%), and net income attributable to owners of the parent of ¥12.3 billion (down 9.0%).