First Quarter Financial Summary for the Fiscal Year Ending March 2027

Overview of Results

Revenue for the first quarter increased significantly to 2,652 million yen, rising 43.9% year over year due to progress on major large-scale projects. However, operating loss was 874 million yen, ordinary loss 892 million yen, and net loss attributable to owners of the parent was 978 million yen. Although still in the red, the loss narrowed year over year. By segment, activity varied across Broadcasting Systems, Industrial Systems, and Medical fields, with regional differences in North America, Europe, and Asia. The full-year Outlook remains unchanged, but given the high degree of uncertainty, management expects mid- to long-term improvement.

Outlook and Financial Position

Full-year revenue is projected at 21,000 million yen, operating income at 300 million yen, and net income attributable to owners of the parent at 500 million yen. Dividends are not changed from the latest disclosure: a0 yen at the year-end, with an annual total of 15 yen. The balance sheet shows total assets decreasing from the end of the previous year, with the equity ratio at 49.4% and net assets decreasing. External factors such as Middle East developments and market capital fluctuations require continued attention, and earnings will be monitored with caution.