Fiscal Year Ending March 2026 Q3 Financial Summary〔IFRS〕(Consolidated)

Overview of Performance

For the cumulative period of the third quarter of the fiscal year ending March 2026, net sales amounted to 640.6 billion yen (1.7% YoY increase) and operating income was 18.5 billion yen (71.3% YoY increase), largely supported by improved sales prices in the European architectural glass business. Net loss attributable to owners of the parent for the quarter narrowed to 5.1 billion yen. By segment, increased sales in the automotive glass business offset declines in the architectural and specialty glass businesses. Although financial costs increased and a one-time corporate tax reserve was recorded, equity method investment income improved.

Financial Position and Outlook

Total assets rose to 1,074.9 billion yen compared to the previous fiscal year-end, and total equity increased to 154.7 billion yen. Net borrowings increased due to seasonal fluctuations and foreign exchange effects. Cash flow from operating activities was negative, and although free cash flow improved compared to the same period last year, it remained negative. There are no revisions to the full-year earnings forecast for the fiscal year ending March 2026. This marks the midpoint of the medium-term management plan “2030 Vision : Shift the Phase,” aimed at promoting transformation based on four strategic pillars to achieve sustainable social development.