Fiscal Year Ending March 2026, 3rd Quarter Financial Summary “Japanese GAAP” (Consolidated)

Business Performance Overview

Net sales for the cumulative third quarter of the fiscal year ending March 2026 were JPY 185.016 billion, a 4.1% decrease compared to the same period last year. Operating income was JPY 25.310 billion, down 18.3%, ordinary income was JPY 26.921 billion, down 19.1%, and net income attributable to owners of the parent was JPY 21.26 billion, down 8.0%. By segment, sales significantly declined due to reduced demand in the high-performance products division, with decreases also seen in plant construction and sales, automotive parts, and building materials. Industrial products remained flat. Financial conditions improved with the equity ratio rising to 77.1% from 74.5% at the end of the previous fiscal year, and capital expenditures increased 40.4% year-on-year to JPY 7.22 billion.

Dividends and Share-Related Information

The annual dividend forecast for the fiscal year ending March 2026 is JPY 164 per share (including a year-end dividend of JPY 88), representing an increase from JPY 108 in the previous year. The number of outstanding shares remains at 67,811,917, while treasury stock increased from 3,482,982 shares at the end of the previous fiscal year to 4,494,383 shares. A 3-for-1 stock split is planned effective March 31, 2026, aiming to improve liquidity and expand the investor base.