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

Performance Overview

For the second quarter of the fiscal year ending March 2027, net sales rose 9.7% year-over-year to 11,282,998 thousand yen, operating income was 1,338,169 thousand yen, ordinary income was 1,328,767 thousand yen, and interim net income attributable to owners of parent was 988,612 thousand yen. Mainstay construction machinery filters recorded higher sales and profits driven by expanding demand and increased market share in North America. Air filters saw recovery and achieved higher sales and profits as system replacement disruptions subsided. A new functional materials business was launched, incurring expenses, but overall profits were maintained year-over-year. The full-year plan remains unchanged from the previous outlook.

Outlook and Capital Investment

Under the mid-term plan "Fly to the next stage" and "YAMASHIN FILTER VISION 2030," the company will promote the establishment of the functional materials business and development of new markets. Investments in the functional materials field will be strengthened to expand the North American market and grow the business portfolio. The financial summary states the company will disclose milestones and KPIs to visualize progress on the equity story.