First Quarter Financial Results for the Fiscal Year Ending March 2027 (Japan GAAP, Non-consolidated)

Overview of Results

Ohya Industrial recorded sales of 1,793 million yen in the first quarter of the fiscal year ending March 2027, a 10.7% decrease year over year. Regarding profits, operating income was 80 million yen, ordinary income 74 million yen, and quarterly net income 55 million yen, all significantly down from the prior year. By segment, Electric Power & Communications posted sales of 1,241/1,194 million yen and Building Materials 598 million yen, totaling 1,793 million yen, with segment profits of 138/181 million yen for Electric Power & Communications and 26/42 million yen for Building Materials, also decreasing. Increased depreciation costs from the new plant and related manufacturing expenses are partially observed. Financial position shows total assets of 7,837 million yen, net assets 4,461 million yen, equity ratio 56.9%, and D/E ratio 0.26, indicating stability. The full-year forecast remains unchanged from the previous disclosure.

Outlook and Financial Position

While a quarterly decline in profits may continue, the markets for Electric Power & Materials segments remain solid in parts, and large projects or redevelopment could influence results. Attention should be paid to cash and deposits, movements in inventories, and fluctuations in accrued expenses and corporate taxes. The fiscal year ending March 2027 earnings forecast remains as disclosed on May 12, 2026, with no substantial revisions observed.