Consolidated Financial Summary for Fiscal Year Ending March 2026 [FY2025]

Overview of FY2025 Results

In FY2025, driven by Energy's Power Grid business, DSS’s domestic IT business, and Mobility's railway signaling and control business, revenue reached 10,586.7 billion yen (YoY +8%). Adjusted EBITA was 1,311.4 billion yen (+21%), adjusted EBITA margin was 12.4% (+1.3 points), net income attributable to owners of parent was 802.3 billion yen (+186.6 billion yen), and core free cash flow was a record high of 1,170.2 billion yen (+389.6 billion yen). ROIC improved to 12.4% (+1.5 points). The expansion and profit increase of the Lumada business, along with an increase in advances received, contributed to the rise in core FCF.

FY2026 Outlook and Growth Strategy

For FY2026, revenue is expected to reach 11,100 billion yen (+5%), adjusted EBITA 1,420 billion yen (+8%), net income attributable to owners of parent 850 billion yen (+47.6 billion yen), and core FCF 850 billion yen (–320.2 billion yen). The aim is to achieve revenue and profit growth across four sectors, primarily focusing on Energy's Power Grid business and DSS's domestic IT business. While closely monitoring the Middle East situation, impact is expected to be limited. Growth strategies include establishing a new company with Nojima in the consumer electronics business, integrating the ATM business with OKI, and expanding acquisitions in the mobility sector. Additionally, they plan to strengthen AI and digital technology utilization centered on the Lumada business, optimize costs in the storage business, and accelerate structural reforms.