Fiscal Year Ending March 2026 Financial Results Presentation Materials

Overview of Fiscal Year Ending March 2026 Results

Net sales for the fiscal year ending March 2026 were 303.9 billion yen, down 1.8% year-over-year, while operating income increased 1.8% to 22.2 billion yen, and net income grew 7.3% to 13.7 billion yen. ROE improved to 7.3%, an increase of 0.9 points from the previous period. Although there were profit-reducing factors such as a decline in AT product orders and increased costs related to human capital, revenue increased and profits grew due to withdrawal from an unprofitable U.S. subsidiary, increased sales in China and other parts of Asia, and passing on cost increases to sales prices.

Forecast and Capital Policy for Fiscal Year Ending March 2027

For the fiscal year ending March 2027, net sales are forecast at 305.0 billion yen (0.4% increase YoY), operating income at 24.5 billion yen (10.2% increase YoY), and net income at 14.0 billion yen (2.3% increase YoY). Despite a decline in AT product orders, revenue and earnings are expected to grow due to price pass-through to customers and monetization of non-operating assets in Thailand. ROE is expected to improve to 7.5%. To enhance capital efficiency, the company has decided to increase the dividend (from 300 yen to 350 yen per year) and conduct a share buyback of 8 billion yen on the TSE trading market. The impact of the tense situation in the Middle East is not factored in at this point.