Financial Results Presentation for the Fiscal Year Ended August 2026

Performance Overview

In the consolidated results for the fiscal year ended August 2026, revenue declined substantially year-over-year while gross profit margin improved to 34.8%. The primary causes were delays in acceptance of large domestic projects, postponements of renovation and relocation work on some projects, and deferred orders due to delays in subsidy applications. The company pursued cost reduction measures—reducing material costs and optimizing the supply chain—to improve margins, and expects a year-end dividend of 10 yen. The medium-term management plan focuses on growth areas such as perovskite solar cell equipment, solar panel recycling equipment, and FA equipment.

Key Points of the Medium-Term Management Plan

The medium-term plan aims to achieve both revenue stabilization and sustainable growth, setting a five-year revenue target of approximately 60,849.5 million yen. The plan seeks to maintain a gross profit margin of around 30%, increase the proportion of revenue from non-FS companies to 70–75%, and achieve an average annual growth rate of about 10%. Total investments are approximately 4,000 million yen, with a basic dividend payout ratio of 25% and a DOE floor of 2%. The company will strengthen initiatives in growth areas such as perovskite solar cell equipment, solar panel recycling equipment, and FA equipment, expand rack-type lines, and broaden its lineup of in-house products.