Financial Results for the Third Quarter Ending July 2026 (Japan GAAP, Consolidated)

Overview of the earnings forecast revision

This report states that the full-year consolidated earnings forecast for the fiscal year ending July 2026 has been revised downward. Net sales declined from the previous forecast of 3,030 million yen to 2,575 million yen; operating income from 221 million yen to 155 million yen; ordinary income from 353 million yen to 308 million yen; net income attributable to owners of parent from 197 million yen to 157 million yen. Key factors cited are reduced 5G-related investments in the domestic market and failure to secure large overseas orders.

Dividend revision and financial soundness

The dividend forecast has been revised upward, announcing an increased year-end dividend of 25 yen. The annual dividend is 25 yen with a payout ratio of 139.1%. On the other hand, the equity ratio remains high at over 86%, indicating strong financial soundness, and the company emphasizes ample cash on hand. The policy is to dynamically pursue mid- to long-term capital efficiency improvements and enhanced shareholder returns.