Fiscal Year Ending February 2027 Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Overview of Results

For the interim period, net sales were 79,917 million yen, an increase of 16.4% from the same period last year. Operating income expanded to 12,866 million yen, and ordinary income reached 13,781 million yen. Net income attributable to owners of parent for the interim period was 9,948 million yen, remaining at a similar level to the prior year, with the yen depreciation cited as an influencing factor from a foreign exchange perspective. By segment, marine, industrial, wireless LAN and handy terminal businesses contributed, supporting sales and profits amid steady demand. Supplementary explanatory materials for the financial results will be published and an investor briefing for institutional investors is scheduled.

Outlook and Dividends

Full-year earnings and dividend forecasts have been revised, with an announced dividend increase. The revision to the full-year outlook is based on interim results. Under Growth Plan Phase 3 targeting the fiscal year ending February 2031, new management targets include net sales of 180,000 million yen, an operating margin of 15% or higher, and ROE/ROIC of 15% or higher. A total dividend of 210 yen including the year-end dividend is assumed. The company will continue new growth and human capital investments, pursuing stability and growth especially in the marine and industrial sectors.