First Quarter Financial Summary for the Fiscal Year Ending March 2027 (Japan GAAP) (Consolidated)

Business Performance Overview

For the first quarter cumulative period, net sales were 15,761 million yen, up from the previous period. However, rising costs such as raw materials, labor, and logistics were not fully absorbed, resulting in an operating loss of 266 million yen. Ordinary income rose to 394 million yen, while net income attributable to owners of the parent for the quarter was 125 million yen, slightly down YoY. By segment, automotive related net sales were 13,484 million yen with an operating income of 475 million yen, and medical devices net sales were 1,376 million yen with an operating income of 45 million yen.

Outlook and Financial Position for the Current Term

The full-year earnings forecast has been maintained from the previous disclosure, with expected net sales of 63,000 million yen, operating income of 1,500 million yen, and net income attributable to owners of the parent of 700 million yen. As of the end of the first quarter, total assets were 100,182 million yen, liabilities 34,810 million yen, and net assets 65,372 million yen, with a debt-to-equity ratio of 64.0% and a stable capital structure.