Fiscal Year Ending March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Performance

For the cumulative third quarter period of the fiscal year ending March 2026, net sales amounted to 195,739 million yen (up 4.5% YoY), operating income was 8,856 million yen (up 6.5% YoY), ordinary income reached 9,298 million yen (up 10.1% YoY), and net income attributable to owners of parent for the quarter was 6,339 million yen (up 28.5% YoY). Orders received totaled 227,618 million yen (up 8.8% YoY), and order backlog at the end of Q3 was 349,687 million yen (up 11.1% YoY). By segment, both sales and orders increased in special purpose vehicles, parking systems, fluid, and aircraft sectors, while the industrial machinery and environmental systems segment recorded a decrease in sales resulting in an operating loss.

Financial Position and Dividends

Total assets stood at 285,662 million yen (an increase of 19,218 million yen from the end of the previous consolidated fiscal year), and net assets were 118,198 million yen (an increase of 5,132 million yen). However, the equity ratio decreased from 42.0% to 41.1%. Regarding dividends, the annual dividend forecast for the fiscal year ending March 2026 is 54 yen per share (an increase of 2 yen YoY), with a year-end dividend planned at 27 yen.

Revision of Consolidated Earnings Forecast

The full-year consolidated earnings forecast for the fiscal year ending March 2026 has been revised to net sales of 281,000 million yen (down 1.4% from the previous forecast), operating income of 15,000 million yen (unchanged), ordinary income of 13,200 million yen (unchanged), net income attributable to owners of parent of 9,200 million yen (unchanged), and net income per share of 139.09 yen (unchanged). The decline in net sales primarily reflects a review of certain segments.