FY2026 Q1 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Business Performance

Consolidated results for the first quarter of FY2026 ending September show net sales of JPY 18,506 million (2.1% YoY increase), despite which operating income was JPY 726 million (49.6% YoY decrease), ordinary income was JPY 1,025 million (39.2% YoY decrease), and net income attributable to owners of parent was JPY 150 million (87.1% YoY decrease). Net sales slightly increased due to a recovery in orders for the plastic film-related business amid delays in large projects in the powder-related business. The decline in operating income was influenced by temporary rises in expenses such as international exhibition participation costs and the recording of special losses from restructuring expenses of the German subsidiary.

Financial Position and Dividend Status

Total assets increased to JPY 104,487 million compared to the previous fiscal year-end, net assets rose to JPY 69,366 million, and the equity ratio improved to 66.4% year-over-year. The number of shares outstanding is 15,730,538 shares. The forecasted annual dividend is 130 yen (interim 65 yen, year-end 65 yen), representing an increase compared to the previous year. There is no change to the earnings guidance, with full-year net sales projected at JPY 78,500 million and operating income at JPY 7,000 million.