FY2025 December Fiscal Year Earnings Presentation

Consolidated Financial Summary for FY2025 December

Net sales for the fiscal year ending December 2025 were 117.1 billion yen, a 6.7% decrease compared to the previous year. This decline is attributed to the 2024 sale of subsidiary PIAA (with net sales of 4.2 billion yen) and production cuts by certain automakers. Meanwhile, operating income increased 19.1% YoY to 5.8 billion yen, with operating margin improving from 3.9% to 5.0%. The profit growth was driven by offsetting the loss from the PIAA sale through strengthened price pass-through amid inflation, revenues from new product launch mold profits, breakeven point reduction initiatives, and productivity improvements. Net income attributable to owners of parent increased 38.8% to 6.2 billion yen.

FY2026 December Earnings Outlook

For the fiscal year ending December 2026, net sales are projected at 118.0 billion yen (0.8% increase YoY), and operating income is forecasted at 5.9 billion yen (1.5% increase YoY). Although certain automakers’ continued production cuts and sluggish production volumes in the ASEAN market remain concerns, operating income is expected to increase, supported by reductions in customer production-cut compensations, and offsetting wage increase impacts through productivity improvements, operational efficiencies, and lower defect costs in ASEAN. The equity ratio is expected to remain at a high level of 61%.