Supplementary Materials for Second Quarter Financial Results

Overview of Performance

For the first half of the fiscal year, consolidated net sales amounted to 21,819 million yen, securing year-over-year revenue growth. Operating income was 2,973 million yen, ordinary income was 2,956 million yen, and quarterly net income attributable to owners of parent increased to 2,021 million yen. The full-year forecast is net sales of 42,900 million yen and operating income of 5,620 million yen, representing a progress rate of approximately 52.9%. Foreign exchange effects and segment-specific stability were cited as influencing factors.

Segment Conditions and Outlook

The food processing machinery manufacturing and sales business saw sales growth driven by demand in Europe and the Americas. Large bread line orders continued in North and South America, and repeat orders in Europe remained stable. In Japan, growth opportunities are being pursued supported by labor-saving subsidies. In Asia, a decline in large projects had an impact, but repair and molding machines remained steady. The order backlog stood at 12,249 million yen, supporting the view that the full-year forecast will be achieved.