2026 Fiscal Year Second Quarter (Interim) Financial Summary [Japanese Standards] (Consolidated)

Performance Overview

The consolidated performance for the second quarter of the 2026 fiscal year (October 1, 2025 – March 31, 2026) showed net sales of ¥36,067 million (up 27.9% YoY), operating profit of ¥6,033 million (up 46.8% YoY), ordinary income of ¥6,178 million (up 40.7% YoY), and net income attributable to owners of the parent of ¥3,877 million (up 31.8% YoY). While some regions experienced economic slowdowns, recovery trends were observed supported by steady U.S. performance and European recovery. Strong production activities in the automotive industry, continued capital expenditure in the electronics industry, and expansion of power distribution facilities contributed to the improved performance.

Segment Performance

The welding equipment segment recorded net sales of ¥20,244 million (up 18.8% YoY) and operating profit of ¥3,095 million (up 12.2% YoY), maintaining steady growth. The flat grinding equipment segment posted net sales of ¥12,024 million (up 30.7% YoY) and operating profit of ¥2,490 million (up 101.4% YoY), showing significant increases. The electrical equipment segment achieved net sales of ¥3,798 million (up 93.7% YoY) and operating profit of ¥475 million (up 36.4% YoY).

Financial Position and Dividends

As of the interim period of September 2026, total assets increased by ¥832 million from the previous fiscal year-end to ¥104,662 million. Net assets totaled ¥7,447 million, a decrease of ¥29 million from the previous period. The annual dividend remains forecasted at ¥150, unchanged from the previous period.