Q1 Financial Summary for the Fiscal Year Ending December 2026 [Japanese Standards] (Consolidated)

Performance Overview

Consolidated results for the first quarter of the fiscal year ending December 2026 showed net sales of 255,566 million yen (5.8% YoY increase), operating income of 13,377 million yen (19.6% YoY increase), ordinary income of 11,046 million yen (26.9% YoY increase), and net income attributable to owners of parent for the quarter of 7,913 million yen (21.8% YoY increase). Orders received increased 22% YoY to 318.4 billion yen, with growth in the Mechatronics, Logistics & Construction, and Energy & Lifeline segments. Notably, the Energy & Lifeline segment’s orders surged 94% YoY. Conversely, the Industrial Machinery segment saw a 12% decline in orders due to reduced demand for semiconductor manufacturing equipment.

Financial Position and Outlook

Total assets stood at 1.3281 trillion yen, an increase of 7.6 billion yen from the previous consolidated fiscal year-end, while net assets rose by 3.3 billion yen to 689.5 billion yen. The equity ratio remained stable at 51.6%. Cash flow consisted of a 4.6 billion yen increase from operating activities, a 6.2 billion yen decrease from investing activities, and an 11.8 billion yen increase from financing activities. There is no revision to the full-year consolidated earnings forecast for the fiscal year ending December 2026, with projections of net sales of 1.09 trillion yen (2.2% YoY increase), operating income of 60.0 billion yen (16.5% YoY increase), and net income attributable to owners of parent of 34.0 billion yen (9.9% YoY increase).