FY2027 First Quarter Consolidated Financial Results Summary (Japanese GAAP) [Consolidated]

Overview of Results

For the first quarter to date, consolidated results show net sales of 89,157 million yen, operating income of 4,878 million yen, ordinary income of 4,923 million yen, and net income attributable to owners of the parent of 1,849 million yen, exceeding the previous year's level. By segment, Japan, the Americas, and Asia achieved higher revenue and profits, while China faced decreased revenue and segment losses, and Europe was flat in revenue but posted a loss. The full-year outlook remains at the previously disclosed level. The current financial position shows total assets of 315,167 million yen and a equity ratio of 39.7%, with higher cash deposits contributing to increased current assets.

Outlook and Notes

In the discussion of forward-looking information related to this quarter's results, it is stated that there is no change to the consolidated earnings forecast issued on May 12, 2026. Preparations for applying the lease accounting standard are progressing, with the impact scheduled to commence at the beginning of 2028 and the amount still undetermined. The company will continue its growth strategies for Mobility and Energy Solution, addressing segment restructuring, local production relocation needs, and growing AI demand.