Financial Results for the Third Quarter of the Fiscal Year Ending June 2026

Overview of Business Performance

Consolidated performance for the third quarter of the fiscal year ending June 2026 showed net sales of ¥96,510 million (up 2.7% YoY), driven by increased revenue in the Packaging Plant segment. Meanwhile, gross profit was ¥17,250 million (down 8.8% YoY), and operating income was ¥8,215 million (down 23.0% YoY), impacted by declines in the Mechatronic Systems and Agricultural Equipment segments. Net income attributable to owners of the parent was ¥6,449 million (down 15.3% YoY).

Segment Performance

The Packaging Plant segment achieved net sales of ¥63,430 million (up 9.9% YoY) and operating income of ¥10,560 million (up 4.9% YoY), resulting in both increased sales and profits. The Mechatronic Systems segment recorded net sales of ¥24,770 million (down 11.1% YoY) and an operating loss of ¥1,360 million (a significant decrease from last year). The Agricultural Equipment segment posted net sales of ¥8,210 million (down 0.9% YoY) and an operating loss of ¥1,480 million (a decline from the previous year).

Order Trends and Financial Position

Order backlog increased by 8.7% YoY to ¥95,304 million, while the order backlog position decreased by 3.8% YoY to ¥91,962 million. Total assets were ¥162,218 million, an increase of ¥27.91 million from the previous period end, and net assets were ¥112,993 million, an increase of ¥50.71 million compared to the previous period end.

Full-Year Forecast for the Fiscal Year Ending June 2026

The full-year forecast projects net sales of ¥133.0 billion (up 3.1% YoY), operating income of ¥13.0 billion (down 5.4% YoY), ordinary income of ¥13.2 billion (down 4.2% YoY), and net income attributable to owners of the parent of ¥9.3 billion (down 7.5% YoY). Although sales are expected to increase, profits are projected to decrease due to rising fixed costs and increases in raw material and energy prices.