Fiscal Year Ending March 2026 Q3 Earnings Presentation

Overview of Q3 Earnings for Fiscal Year Ending March 2026

Cumulative sales for the third quarter of the fiscal year ending March 2026 amounted to JPY 28,545 million, representing a 21.6% increase compared to the same period last year. Operating income was JPY 3,497 million, up 114.2% YoY; ordinary income was JPY 3,635 million, up 66.8% YoY; and net income attributable to owners of parent was JPY 2,935 million, up 84.8% YoY, indicating substantial overall profit growth. Profitability improved with an operating margin of 12.3% and an ordinary income margin of 12.7%.

Segment Performance and Market Trends

The Electric Wire & Processed Products segment showed strong performance in automotive cables, energy industry related cables, and medical cables, with sales increasing 23.6% YoY and segment income rising 17.9% YoY to JPY 3,475 million. The Electronic & Medical Components segment saw sales grow 10.2% YoY due to increased large OEM orders for electronic devices, with segment income increasing 3.9% YoY to JPY 712 million. By market, automotive, energy industry-related, and semiconductor inspection cables remained robust.

Full-Year Earnings Outlook for Fiscal Year Ending March 2026

The full-year sales forecast is JPY 36.5 billion (up 18.5% YoY), operating income is expected at JPY 4.0 billion (up 76.4% YoY), ordinary income at JPY 4.0 billion (up 56.4% YoY), and net income attributable to owners of parent at JPY 3.3 billion (up 62.9% YoY). The target operating margin and ordinary income margin are both 11.0%. The assumed exchange rate is JPY 147 per USD.