Fiscal Year 2027 Q1 Financial Summary (Japanese GAAP) (Consolidated)

Overview of results

In the first quarter of this fiscal year, net sales significantly increased year over year, aided by higher orders for Driver System and expanded sales of automotive motor cores. However, costs for new projects in the Mold System led to operating losses. Overall, ordinary income and quarterly net loss were recorded. By segment, Driver System achieved substantial profitability, while Mold System remained negative; Machinery & Measurement Systems saw losses narrow. The full-year forecast initially published in May 2026 remains unchanged. The impact of gains on sale of investment securities is expected from the second quarter onward.

Outlook and capital position

The financial condition improved with higher total assets driven by increases in current assets and liabilities, maintaining capital structure. Orders for Driver System remained strong, suggesting the possibility that the full-year results may surpass initial forecasts. However, uncertainties surrounding new Mold System projects and potential downward revisions to production plans by major customers are expected to continue. Gains on sale of investment securities are expected to be recognized in the 2Q, with ongoing efforts to strengthen the financial health.