Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Overview of Business Performance

Net sales for the cumulative consolidated third quarter of the fiscal year ending March 2026 were 21,286 million yen (3.3% decrease YoY). This was impacted by a slowdown in capital investments by the chemical industry, a major customer, due to US tariff policies and sluggish economic conditions in China. Operating income declined to 3,644 million yen (14.8% decrease YoY) due to lower gross profit margins and other factors, and ordinary income was 3,974 million yen (12.4% decrease YoY). On the other hand, net income attributable to owners of the parent increased to 3,337 million yen (30.0% increase YoY) due to gains on sales of investment securities and the absence of previous year's losses from the liquidation of affiliates.

Financial Position and Outlook

Total assets stood at 41,731 million yen, down 664 million yen from the end of the previous period, while the equity ratio rose to 79.0%. This improvement was primarily due to increased current assets and reduced liabilities. There is no change to the full-year earnings guidance for the fiscal year ending March 2026, which forecasts net sales of 27,520 million yen (9.9% decrease YoY), operating income of 5,000 million yen (17.4% decrease YoY), and net income attributable to owners of the parent of 3,700 million yen (2.9% decrease YoY).