Fiscal Year Ending March 2027: Second Quarter (Interim) Earnings Presentation Materials

Overview of Results

For the cumulative second quarter (2Q), revenue was 75,800 million yen, operating income was 2,600 million yen, ordinary income was 1,900 million yen, income before tax for the interim period was 2,200 million yen, and interim net income attributable to owners of parent increased by 100 million yen. The primary factor for the revenue decline was reduced production volume due to consolidation to one plant in North America, but operating income increased thanks to higher orders in regions such as Asia and Europe and progress on rationalization. Improvement in foreign exchange gains and losses also contributed.

Outlook and Key Considerations

The attached materials do not include full-year guidance for the fiscal year ending March 2027, so the outlook is unknown. Note that trends differ by region—Japan, North America, Europe, Asia, China, and ASEAN show varying revenue and profit patterns. If currency effects, raw material price increases, and energy cost hikes persist, measures to close the time lag in passing on cost increases to selling prices will be important.