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

Business Performance Overview

During the interim period, the Group advanced expansion of new businesses and capital raising. The battery segment's sales were bolstered by increased demand for nickel-metal hydride and lithium batteries, while the electronic segment recorded a decline due to reduced demand for module-related products. Overall, net sales were 28,482 million yen, down 4.3% year-over-year; operating income was 477 million yen; ordinary income was 201 million yen; and net income attributable to owners of parent for the interim period resulted in a loss. At the end of the interim period, FDK KOREA LTD. was added to the consolidated group, and convertible bonds were issued as part of capital measures to strengthen the financial base. The full-year forecast remains unchanged from the prior forecast.

Outlook and Impact for Investors

If the battery segment's contribution to revenue growth continues, overall profitability is expected to improve; however, if the revenue decline in the electronic segment persists, recovery of operating profits may take time. Additionally, financing via convertible bonds and the consolidation of the new subsidiary have enhanced financial flexibility. The decision to maintain the full-year forecast is based on current assumptions, and actual results may exceed or fall short depending on future market developments.