FY2027 Q1 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Performance

In Q1 of the current fiscal year, net sales increased year-on-year to 18,476 million yen, while operating income decreased to 114 million yen versus the same period last year. However, quarterly net income rose significantly to 96 million yen. By segment, electrical installation materials achieved higher sales and profits. Construction-related and car-life-related segments experienced declines in both sales and profits, which pressured overall profitability. The full-year earnings forecast remains unchanged from the prior announcement, and the company continues to monitor economic trends and cost increases.

Outlook and Capital Position

Total assets stood at 41,555 million yen and the equity ratio was 38.1%, showing marginal change from the prior fiscal year-end. Increases in short-term borrowings and movements in bonus provisions affected current liabilities. There is no revision to dividend forecasts; the number of shares outstanding at the fiscal year-end remains unchanged at 1,758,400 shares, and treasury stock remains at 106,376 shares. By segment, the company will continue to capture demand for energy-saving and environmentally friendly investments while pursuing cost improvements and higher added value.