First Quarter Financial Results for the Fiscal Year Ending March 2027 (Japan GAAP) [Consolidated]

Overview of Results

In the first quarter of the current fiscal year, net sales rose 7.8% year over year to 13.806 billion yen, supported by favorable exchange rates and solid demand in North America. On the profit front, currency translation effects from a weaker yen, depreciation reduction, and a rebound from impairment losses booked in the previous period contributed to operating income increasing 37.6% to 1.109 billion yen, ordinary income rising 26.5% to 1.141 billion yen, and profit attributable to owners of the parent increasing 46.9% to 891 million yen. All segments—units, parts, and others—remained solid. The full-year forecast is unchanged.

Outlook and Capital Structure

For the full year ending March 2027, the outlook assumes net sales of 50,000 million yen, operating income of 3,000 million yen, ordinary income of 3,000 million yen, and profit attributable to owners of the parent of 2,000 million yen. However, given uncertainties such as regional tensions in the Middle East, exchange rate fluctuations, and auto demand in China, the current public forecast is kept intact. The financial position remains solid, with total assets of 51.126 billion yen, net assets of 30.998 billion yen, and an equity ratio of 60.5%.