Financial Results Briefing for the Fiscal Year Ending March 2026 and New Medium-Term Management Plan

Overview of Results

For the year ended March 2026, consolidated net sales were 51.6 billion yen, operating profit was 3.998 billion yen (vs. the previous year, profits increased on an actual basis), and net income attributable to owners of the parent was 2.227 billion yen. Segment-wise, profitability improved with higher earnings from small engine valves and increased sales and profits from marine components, contributing to overall better profitability. This includes the impacts of exchange rate fluctuations and newly consolidated subsidiaries. Toward NC10 achievement, expansion of the India footprint and M&A-driven portfolio transformation are being pursued.

NC10 and Financial Targets

NC10 targets net sales of 100 billion yen, operating profit of 10 billion yen, and an operating margin of 10% or higher by the fiscal year ending March 2029 as a long-term vision. During the plan period, priority is given to strengthening profitability of existing businesses, maximizing the profits of VISION I and investing in VISION II/X to transform the portfolio. ROE target is 8%, aiming for ROE exceeding 10% upon NC10 achievement. Capital allocation anticipates growth investments of 7.5 billion yen and M&A investments of 10 billion yen.