Fiscal Year Ending March 2026 3rd Quarter Financial Summary [Japanese GAAP] (Consolidated)

Overview of Business Results

For the cumulative consolidated period of the 3rd quarter of the fiscal year ending March 2026, net sales were JPY 124,254 million, decreasing 6.4% year-over-year. Operating income increased 2.4% year-over-year to JPY 3,851 million. Meanwhile, ordinary income was JPY 5,465 million (down 12.8% YoY), and net income attributable to owners of parent amounted to JPY 4,019 million (down 43.8% YoY). The Capacitor segment recorded net sales of JPY 75,824 million (up 2.0% YoY) and segment operating income of JPY 2,447 million (up 124.6% YoY), achieving both sales and profit growth. This was supported by expanding demand in the information and communications field and automotive-related equipment. The NECST segment posted net sales of JPY 48,430 million (down 17.1% YoY) and operating income of JPY 1,405 million (down 47.3% YoY), resulting in declines in both sales and profit.

Financial Position and Outlook

At the end of the 3rd quarter, total assets were JPY 197,391 million, up JPY 4,809 million compared to the previous fiscal year-end. Net assets increased by JPY 5,318 million to JPY 119,132 million, and the equity ratio stood at 58.4%. Net cash provided by operating activities was JPY 9,480 million, net cash used in investing activities was JPY 5,272 million, and net cash used in financing activities was JPY 3,128 million. There is no revision to the full-year consolidated earnings forecast, which anticipates net sales of JPY 180,000 million (2.4% increase YoY), operating income of JPY 6,000 million (15.3% increase YoY), and net income attributable to owners of parent of JPY 6,000 million (2.1% increase YoY).