Fiscal Year Ending March 2027 Q2 (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Overview of Results

Consolidated net sales for the interim period amounted to 7,440 million yen, a significant increase year-over-year. Operating income was 568 million yen, ordinary income was 560 million yen, and net income attributable to owners of parent for the interim period was 356 million yen, all showing substantial growth compared with the same period last year. By segment, Wires performed particularly well with sales of 5,544 million yen, up 42.1% year-over-year. Polymatec recorded sales of 1,322 million yen, showing a slight increase, while Electric Heating Wires posted solid sales of 573 million yen. The financial position remains stable with total assets of 15,083 million yen and an equity ratio of 51.6%.

Business Strategy and Outlook

The Company is pursuing a transformation into a "customer-problem-solving company," improving returns on capital and strengthening human capital management. The interim results are seen as reflecting improved profitability from strengthening high value-added products in each segment and cost containment. In the second half, further expansion of sales and profits is expected supported by growth in LED-related products and recovery in demand for wires and electric heating wires; however, attention should be paid to Middle East developments and fluctuations in raw material prices.