Financial Summary for Q3 FY2026 (Japanese Standards) (Consolidated)

Overview of Results

During the cumulative third quarter period of FY2026, the spread of generative AI increased demand for advanced semiconductors such as GPUs and HBM, leading semiconductor manufacturers to expand capital expenditure. As a result, shipments of precision processing equipment remained strong, and consumables shipments stayed at high levels. Net sales reached JPY 303.828 billion (up 11.5% YoY), operating income was JPY 126.212 billion (up 9.7% YoY), and quarterly net income attributable to owners of parent was JPY 92.639 billion (up 8.7% YoY). Operating margin and net profit margin remained at high levels, 41.5% and 30.5%, respectively.

Financial Position and Dividend Status

Total assets increased by JPY 24.176 billion from the previous fiscal year-end to JPY 678.263 billion, and net assets rose by JPY 49.98 billion to JPY 542.611 billion, resulting in an equity ratio increase of 4.7 points to 79.8%. The number of issued shares stood at approximately 108.44 million shares, nearly the same as the previous year. The annual dividend forecast for FY2026 is JPY 437 (year-end dividend JPY 308, second quarter dividend JPY 129), with a note that the dividend forecast has been revised.

Full-Year Earnings Guidance

The consolidated earnings forecast for FY2026 anticipates net sales of JPY 419.0 billion (up 6.5% YoY), operating income of JPY 172.1 billion (up 3.2% YoY), ordinary income of JPY 172.4 billion (up 2.0% YoY), and net income attributable to owners of parent of JPY 126.4 billion (up 2.0% YoY). Earnings per share is projected at JPY 1,165.72. This forecast is a cautious outlook reflecting market conditions in the semiconductor and electronic components industries.