Financial Summary for the Third Quarter of Fiscal Year Ending March 2026 [IFRS] (Consolidated)

Overview of Business Results

During the cumulative consolidated third quarter of the fiscal year ending March 2026, revenue amounted to 786,195 million yen (1.0% increase YoY). Operating income was 147,860 million yen (3.3% decrease YoY), profit before tax was 148,682 million yen (2.7% decrease YoY), and quarterly net income was 105,735 million yen (2.8% decrease YoY). In key markets, demand for IT devices and high-end smartphones exceeded expectations, and earnings improved in the nucleic acid contract manufacturing field; however, operating income was negatively impacted by an 8.8 billion yen loss due to yen appreciation.

Performance by Segment

The Industrial Tape segment showed steady performance with revenue of 275,074 million yen (3.0% increase) and operating income of 38,847 million yen (3.0% increase). The Optronics segment recorded revenue of 412,000 million yen (2.4% decrease) and operating income of 120,506 million yen (12.6% decrease), affected by a decline in sales of information functional materials. The Human Life segment posted revenue of 106,922 million yen (8.0% increase) and operating loss of 2,535 million yen, narrowing the loss from 5,723 million yen in the same period last year. The Others segment posted revenue of 10 million yen (184.5% increase) and operating loss of 5,333 million yen, improving from a loss of 10,484 million yen in the previous year.

Overview of Financial Position

Total assets reached 1,377,793 million yen (an increase of 55,872 million yen from the previous consolidated fiscal year-end), total liabilities were 273,120 million yen (a decrease of 3,685 million yen), and total equity was 1,104,672 million yen (an increase of 59,558 million yen), with the equity ratio attributable to owners of parent rising to 80.1%. Although cash and cash equivalents decreased, increases were observed in trade receivables, inventories, and tangible fixed assets.

Revision of Earnings Guidance

The full-year consolidated earnings guidance for the fiscal year ending March 2026 has been revised upward to revenue of 1,027,000 million yen (3.2% increase from previous forecast), operating income of 186,000 million yen (7.5% increase), and net income attributable to owners of parent of 136,000 million yen (7.9% increase). The assumed exchange rate for the fourth quarter is 1 USD = 154.3 JPY. The revision reflects a positive outlook based on steady demand trends.