Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026

Overview of Business Results

In the cumulative third quarter consolidated period of the fiscal year ending March 2026, net sales reached 45,646 million yen (13.3% year-over-year increase), operating income was 2,361 million yen (242.2% year-over-year increase), ordinary income was 3,142 million yen (137.3% year-over-year increase), and net income attributable to owners of parent recovered to 2,971 million yen. Increased demand for semiconductor manufacturing equipment and medical devices both domestically and internationally, as well as the yen depreciation effect, contributed to these results. Production of bearings and related products totaled 37,791 million yen (7.7% year-over-year increase), and orders received amounted to 48,158 million yen (18.6% year-over-year increase). The segment structure is single; sales of bearings and related products were 41,009 million yen (15.2% year-over-year increase), and other machinery components decreased slightly to 4,636 million yen (0.9% year-over-year decrease).

Financial Position and Outlook

Total assets stood at 121,760 million yen (an increase of 653 million yen from the previous fiscal year-end), total liabilities decreased to 41,041 million yen (down 3,993 million yen), and net assets increased to 80,718 million yen (an increase of 4,646 million yen). The equity ratio improved to 66.2%. The number of issued shares remained unchanged at 73,501,425 shares. The dividend forecast is an annual 28.00 yen, up from 19.00 yen in the previous fiscal year. There is no change to full-year earnings guidance, with forecasted net sales of 60,500 million yen (11.2% increase year-over-year), operating income of 3,100 million yen (164.2% increase), and net income attributable to owners of parent of 2,900 million yen (418.0% increase).