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

Overview of Results

Consolidated interim results showed net sales of 8,650 million yen (up 43.0% YoY), operating income of 1,917 million yen (up 544.6% YoY), ordinary income of 1,866 million yen (up 324.1% YoY), and net income attributable to owners of parent of 1,286 million yen (up 322.8% YoY), indicating substantial improvement. By segment, both the Machinery Parts and Electrical Parts divisions achieved higher sales and profits. Although raw material price surges and procurement difficulties continue, price revisions and strengthened raw material procurement secured stable supply. The financial position shows total assets of 21,696 million yen, net assets of 1,476 million yen, and an equity ratio of 68.1%. Cash flows have decreased, but the factors affecting operating, investing, and financing activities are clearly described.

Dividends and Outlook

An interim dividend of 60 yen per share is planned, with an assumed increase up to an 80 yen interim cap resulting in an expected full-year dividend of 140 yen per share. The full-year earnings forecast has been revised upward, and initiatives under the mid-term management plan through fiscal 2028 include diversifying raw material procurement and developing tungsten-saving technologies. While market volatility is expected to continue, demand in the semiconductor and automotive markets is projected to remain solid.