FY March 2026 Financial Summary [IFRS] (Consolidated)

Overview of Business Performance

Consolidated revenue for the fiscal year ending March 2026 was 1,413.3 billion yen (up 3.7% YoY), driven by increased sales in the Printing Solutions segment and the Manufacturing-related & Wearable segment. Conversely, operating income declined sharply to 49.6 billion yen (down 34.0% YoY), impacted by a goodwill impairment loss of 25.9 billion yen related to Fiery Inc. and higher costs due to U.S. tariffs. Net income attributable to owners of parent was 18.2 billion yen (down 67.0% YoY). Foreign exchange rates saw the U.S. dollar strengthen 1% against the yen, while the euro weakened 7% against the yen.

Segment Performance

The Printing Solutions segment recorded revenue of 1,029.5 billion yen (up 5.0% YoY) and segment income of 120.6 billion yen (down 3.4% YoY). The Visual Communication segment posted revenue of 181.4 billion yen (down 11.0% YoY) and segment income of 12.3 billion yen (down 57.8% YoY), reflecting decreases in both sales and profits. The Manufacturing-related & Wearable segment achieved revenue of 206.1 billion yen (up 13.6% YoY) and segment income of 10.8 billion yen (compared to a 3.2 billion yen loss in the previous year), marking a substantial profit increase.

Financial Position and Cash Flow Overview

Total assets increased by 78.4 billion yen to 1,534.9 billion yen, impacted by the goodwill impairment and other factors. Total liabilities rose by 29.7 billion yen to 681.2 billion yen, and net assets attributable to owners of parent increased by 48.8 billion yen to 853.5 billion yen. Cash flow from operating activities saw an inflow of 112.4 billion yen (compared to 138.1 billion yen in the previous year), investing activities reported an outflow of 65.6 billion yen (previous year 150.8 billion yen), and financing activities had an outflow of 39.6 billion yen (previous year 45.1 billion yen).

Outlook

For the fiscal year ending March 2027, consolidated earnings forecasts include revenue of 1,450 billion yen (up 2.6% YoY), segment income of 90.0 billion yen (up 7.4% YoY), operating income of 86.0 billion yen (up 73.5% YoY), and net income attributable to owners of parent of 59.0 billion yen (up 224.1% YoY). Exchange rate assumptions are 151.00 yen per U.S. dollar and 175.00 yen per euro. While monitoring geopolitical risks and trade policy uncertainties, the company aims to improve performance.