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

Overview of Business Results

For the third quarter consolidated cumulative period of the fiscal year ending March 2026, net sales were 28,545 million yen (21.6% increase YoY), operating income was 3,497 million yen (114.2% increase YoY), and ordinary income was 3,635 million yen (66.8% increase YoY). Net income attributable to owners of the parent was 2,935 million yen (84.8% increase YoY), including a special gain of 439 million yen from negative goodwill resulting from the acquisition of shares of Yoshinogawa Electric Wire Co., Ltd. By segment, the Electric Wire & Processed Products segment recorded 24,750 million yen (23.6% increase YoY), and the Electronic & Medical Components segment posted 3,775 million yen (10.2% increase YoY), both achieving increases in revenue and profits.

Financial Position and Outlook

At the end of the third quarter consolidated accounting period, total assets were 58,152 million yen, an increase of 11,046 million yen compared to the end of the previous period, and net assets were 44,457 million yen, an increase of 5,737 million yen. Liabilities stood at 13,695 million yen, rising by 5,308 million yen. The equity ratio decreased from 82.2% in the same period last year to 74.4%, mainly due to asset growth caused by the acquisition of shares of Yoshinogawa Electric Wire Co., Ltd. There is no change to the full-year earnings forecast for the fiscal year ending March 2026, with net sales projected at 36,500 million yen (18.5% increase YoY), operating income at 4,000 million yen (76.4% increase YoY), and net income attributable to owners of the parent at 3,300 million yen (62.9% increase YoY).