Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Overview of Financial Results

For the third quarter of the fiscal year ending March 2026, consolidated financial results were net sales of JPY 1,778,073 million (down 5.6% YoY), operating income of JPY 94,442 million (down 24.2%), ordinary income of JPY 89,514 million (down 32.6%), and net income attributable to owners of the parent of JPY 84,332 million (down 27.8%). Net sales decreased and profits were lower than the same period last year. By segment, sales and profits declined in key areas such as steel & aluminum, forgings & castings, and machinery. The equity ratio improved to 41.9%, up 1.7 points from the previous fiscal year-end, reflecting enhanced financial soundness.

Financial Position and Future Outlook

Total assets stood at approximately JPY 2,888.2 billion, nearly unchanged from the end of the previous fiscal year. Liabilities decreased by JPY 48.5 billion to JPY 1,605.4 billion due to bond redemptions and loan repayments. Net assets increased by JPY 45.6 billion to JPY 1,282.7 billion. The full-year earnings forecast anticipates net sales of JPY 2,440,000 million (down 4.5%), operating income of JPY 130,000 million (down 18.1%), and net income attributable to owners of the parent of JPY 100,000 million (down 16.8%), indicating expected declines in revenue and profit. There are no revisions to the dividend forecast, and the annual dividend for the fiscal year ending March 2026 is planned at JPY 80.