FY March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Performance Overview

For the third quarter of FY March 2026, consolidated net sales decreased 7.9% YoY to 183.167 billion yen, while operating income increased 34.9% to 23.907 billion yen, ordinary income grew 25.4% to 25.932 billion yen, and net income attributable to owners of parent surged 50.9% to 17.058 billion yen. Domestic operations saw a decline in sales due to lower volume and unit price reductions but posted profit growth. North American operations experienced increased sales and profits driven by slight volume growth and price rises. Asian operations faced declines in sales and profits due to lower exports and other factors.

Financial Position and Outlook

Total assets stood at 411.892 billion yen, down from the previous year, and net assets also decreased to 352.166 billion yen. The main factors were treasury stock acquisition and dividend payments. Looking ahead, amid continuing economic uncertainty domestically and internationally, securing sales volume remains a challenge. The full-year earnings guidance has been revised downward to net sales of 243.3 billion yen, operating income of 31.5 billion yen, ordinary income of 33.4 billion yen, and net income of 21.7 billion yen. The dividend forecast remains unchanged, with the annual dividend after the stock split at 134.50 yen (pre-stock split basis).