Financial Summary for the Second Quarter (Interim) of Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

Overview of Results

Nihon Seikan k.k. reported consolidated net sales of 5,802 million yen for the second quarter (interim) of the fiscal year ending March 2027, a slight increase of 0.2% year-over-year. Operating loss narrowed to -64 million yen (previous period -115 million yen), and ordinary loss improved to -60 million yen. Interim net loss attributable to owners of parent improved to -55 million yen. By segment, metal can manufacturing and sales performed steadily, but art cans saw a revenue decline due to reduced shipments. Real estate leasing remained robust.

Outlook and Capital Position

The full-year forecast remains unchanged, with net sales of 11,525 million yen, operating loss of -104 million yen, ordinary loss of -135 million yen, and net loss attributable to owners of parent of -69 million yen (approximately 200 sen per share). Financial position is solid with total assets of 13,004 million yen, net assets of 5,148 million yen, and an equity ratio of 31.8%. Although cash and cash equivalents decreased, equity is stable due to an increase in fixed assets and higher valuation differences on available-for-sale securities. There are important matters concerning the going concern assumption, but no material uncertainties regarding liquidity have been identified.