Kitagawa Seiki Co.,Ltd. Earnings Report for the First Quarter of the Fiscal Year Ending June 2027 [Japanese GAAP] (Consolidated)

Overview of Results

Kitagawa Seiki Co.,Ltd. recorded for the first quarter of the fiscal year ending June 2027 revenue of 3,229 million yen (up 180.5% year-over-year), operating income of 488 million yen (up 140.4% year-over-year), ordinary income of 472 million yen (up 109.3% year-over-year), and net income attributable to owners of parent of 345 million yen (up 122.8% year-over-year). Sales of printed circuit board-related press equipment for overseas markets within the industrial machinery business were solid, and AI-related investments contributed to results. The company continues growth strategies aimed at achieving the mid-term management plan "KITAGAWA 2030."

Financial Position and Outlook

Total assets amounted to 11,826 million yen and net assets were 6,411 million yen, resulting in an equity ratio of 54.2%. Increases in cash and deposits and contract liabilities were factors. The dividend forecast remains unchanged. The consolidated full-year forecast for the fiscal year ending June 2027 remains as previously announced. Supplementary materials for the earnings announcement are scheduled to be disclosed on November 6.