Fiscal Year March 2026 Q3 Financial Summary〔Japanese GAAP〕(Consolidated)

Overview of Business Performance

In the third quarter consolidated cumulative period of the fiscal year ending March 2026, net sales amounted to ¥1,976.5 billion (0.6% decrease YoY), operating income was ¥31.6 billion (69.8% decrease YoY), and ordinary income was ¥32.6 billion (58.5% decrease YoY). Net loss attributable to owners of parent was ¥4.5 billion, marking a significant deterioration from the ¥33.2 billion profit during the same period last year. Global unit sales totaled 589,000 units, down 6% YoY. Although U.S. tariff policies have stabilized, global price competition, geopolitical risks, and economic slowdown concerns have negatively impacted performance.

Financial Position and Revision of Earnings Forecast

Total assets increased to ¥2,324.2 billion (¥78.3 billion increase from previous fiscal year-end), while cash and deposits decreased to ¥334.5 billion (¥118.0 billion decrease from previous fiscal year-end). Total liabilities rose to ¥1,387.3 billion (¥114.9 billion increase from previous fiscal year-end), and interest-bearing debt stood at ¥421.4 billion (¥106.6 billion increase from previous fiscal year-end). Net assets declined to ¥936.9 billion (¥36.7 billion decrease from previous fiscal year-end), resulting in a reduced equity ratio of 38.4%. The full-year consolidated earnings forecast raised net sales to ¥2,900 billion but maintained previous forecasts for operating income, ordinary income, and net income.