Fiscal Year Ending March 2026 Financial Summary [IFRS] (Consolidated)

Overview of Performance

For the fiscal year ending March 2026, consolidated revenue was JPY 777,600 million (3.2% YoY increase), reflecting revenue growth despite foreign exchange effects and market disruptions in some regions. Operating income stood at JPY 104,705 million (2.2% YoY decrease), adversely impacted by currency effects and increased advertising expenses; however, profit was partly supported by reinforcement of sales personnel. Net income was JPY 79,438 million (essentially flat at 0.3% YoY increase). By region, domestic sales were strong especially in rechargeable gardening equipment despite a decline in housing starts; Europe saw revenue growth supported by yen depreciation; North America experienced a revenue decline due to slowing housing investment; Asia and Latin America posted revenue growth.

Financial Position and Dividend Status

Total assets increased to JPY 1,181,185 million and total equity to JPY 1,004,541 million, indicating a sound financial base. The number of treasury shares increased due to share buybacks. The dividend was raised to JPY 150 annually for the fiscal year ending March 2026, targeting a consolidated payout ratio above 50%, compared to JPY 110 in the prior period. For the fiscal year ending March 2027, the earnings guidance projects revenue of JPY 820,000 million (5.5% YoY increase), operating income of JPY 110,000 million (5.1% YoY increase), and net income of JPY 81,000 million (2.0% YoY increase).