Fiscal Year Ending December 2026 Third Quarter Financial Summary (Japanese GAAP) (Consolidated)

Overview of Results

For the nine-month cumulative period of the fiscal year ending December 2026, net sales were 232,458 million yen, a slight increase from the same period last year. However, operating income declined substantially by 34.0% due to the impact of segment structural reforms and increased expenses. Although foreign exchange gains and other factors were recorded, ordinary income fell short of the prior year overall, and net income attributable to owners of parent for the quarter decreased by 41.9% due to charges related to business structure improvement. The full-year outlook remains unchanged from the previous announcement.

Capital Policy, Financial Position and Outlook

The financial position remains solid with total assets of 656,429 million yen, a shareholders' equity ratio of 73.4% and net assets of 485,358 million yen. Meanwhile, a share buyback was executed, resulting in 17,069,363 shares of treasury stock at period-end. The full-year earnings forecast is unchanged, and future focus will be on foreign exchange trends, fluctuations in raw material and fuel costs, the effects of structural reforms and measures to contain related expenses.