Q1 FY2027 Financial Results (Japanese GAAP) Consolidated

Overview of results

Sunyu achieved a substantial year-over-year increase in the first quarter with net sales of 6,765 million yen (up 6.2%), operating income of 356 million yen (up 77.1%), ordinary income of 410 million yen (up 79.6%), and net income attributable to owners of the parent of 259 million yen (up 80.7%). Both the polished steel rod division and the cold-formed steel wire division posted higher sales than the previous year, supported by increased sales volumes and ongoing cost reductions and productivity improvements. The full-year outlook remains: net sales 2,650 million yen, operating income 900 million yen, ordinary income 1,000 million yen, net income attributable to owners of the parent 620 million yen, and earnings per share 102.57 yen.

Financial position and outlook

As of the end of the first quarter, total assets were 21,595 million yen, net assets 11,160 million yen, and the equity ratio stood at 48.2%, indicating stability. On the asset side, increases in cash and deposits and proper management of notes receivable and accounts receivable were the main factors; on the liability side, decreases in long-term borrowings and increases in bonuses payable were the primary factors. There are no changes to the full-year earnings forecast, and current assumptions are maintained.