Financial Summary for the Fiscal Year Ending March 2026〔Japanese GAAP〕(Consolidated)

Business Overview

For the fiscal year ending March 2026, consolidated net sales reached JPY 1,227.6 billion, marking a record high with a 9.3% increase year-on-year. Operating income was JPY 136.6 billion (up 16.1% YoY), ordinary income was JPY 139.3 billion (up 17.3% YoY), and net income attributable to owners of the parent was JPY 98.0 billion (up 6.3% YoY), all achieving record highs. The core Energy segment benefited from increased demand in energy management and facility/power systems fields, while the Industry segment posted higher revenue and profit due to growth in large IT solution projects. On the other hand, the Semiconductor segment saw a decline in operating income due to decreased demand in the electronic equipment field. The Food Distribution segment experienced a decline in demand in the vending machine sector but operating income remained almost flat, supported by increased demand in the store distribution sector.

Financial Position and Dividend Policy

At the end of the fiscal year ending March 2026, total assets amounted to JPY 1,406.7 billion, an increase of JPY 94.5 billion compared to the previous fiscal year. Net assets reached JPY 842.9 billion (up JPY 112.3 billion YoY), and the equity ratio improved to 56.9%. Interest-bearing debt decreased by JPY 15.8 billion to JPY 89.1 billion, resulting in a decline in net interest-bearing debt. The basic policy is to maintain stable and continuous dividend payments, with an annual dividend of JPY 200 planned for the fiscal year ending March 2026 (interim dividend of JPY 91 and year-end dividend of JPY 109). For the fiscal year ending March 2027, an interim dividend of JPY 107 is planned, while the year-end dividend remains undecided. A share buyback program of up to 2,500,000 shares worth JPY 21 billion has been established to improve capital efficiency.