January 2026 Term Financial Summary [Japanese GAAP] (Consolidated)

Overview of Performance

For the January 2026 term, consolidated net sales slightly increased to 218.329 billion yen (up 1.6% YoY). However, operating income declined to 12.651 billion yen (down 21.0% YoY) and ordinary income decreased to 13.815 billion yen (down 18.5% YoY). Net income attributable to owners of the parent markedly decreased to 3.151 billion yen (down 74.2% YoY). This was primarily due to impairment losses of 3.951 billion yen on manufacturing facilities and losses of 2.591 billion yen from European operations amid slowing growth of BEV in the European market. By segment, sales in the electronic components business increased 7.5% with an 8.5% rise in operating income, whereas the electric components business saw a 0.3% sales decline and an 18.5% drop in operating income.

Outlook and Dividend Policy

The consolidated earnings forecast for the January 2027 term anticipates net sales of 233.0 billion yen (up 6.7% YoY), operating income of 11.0 billion yen (down 13.1% YoY), ordinary income of 10.0 billion yen (down 27.6% YoY), and net income attributable to owners of the parent of 7.0 billion yen (up 122.1% YoY). Regarding dividends, the annual dividend for the January 2026 term is set at 18 yen per share (6 yen interim, 12 yen year-end), maintaining a DOE of 3.0%. A dividend of 19 yen per share is planned for the next term, maintaining a basic policy of stable and continuous dividend payments.