Financial Summary for the Year Ending March 2026【Japanese Standards】 (Consolidated)

Performance Overview

The consolidated performance for the fiscal year ending March 2026 recorded net sales of 158.535 billion yen (up 5.2% YoY), operating income of 11.054 billion yen (up 9.3% YoY), ordinary income of 12.33 billion yen (up 18.7% YoY), and net income attributable to owners of the parent of 7.77 billion yen (up 18.0% YoY). The growth in revenue and profit was driven by increases in the Information Electronics, Industrial Infrastructure, and Wellness segments. Despite increased depreciation expenses and some losses, gains from the sale of investment securities and utilization of special tax credits for corporate taxes contributed to profit growth.

Segment Performance

The Wellness segment achieved net sales of 27.849 billion yen (up 2.6% YoY), but recorded an operating loss of 21 million yen due to increased pre-operational expenses. The Environmental Solutions segment posted net sales of 32.559 billion yen (a slight decrease of 0.4% YoY) with decreased revenue and profit, but operating income improved to 1.459 billion yen (up 12.5% YoY). The Information Electronics segment saw net sales of 56.8 billion yen (up 5.3% YoY) and operating income of 4.77 billion yen (up 13.4% YoY). The Industrial Infrastructure segment performed well with net sales of 41.325 billion yen (up 11.8% YoY) and operating income of 5.026 billion yen (up 22.9% YoY).

Financial Position and Cash Flows

As of the end of March 2026, total assets were 156.791 billion yen, an increase from the previous year-end. Liabilities decreased to 52.452 billion yen, while net assets increased by 10.433 billion yen to 104.339 billion yen, resulting in a shareholders’ equity ratio of 60.5%. Cash flow from operating activities was 11.781 billion yen, cash outflows from investing activities were 20.069 billion yen, and cash inflows from financing activities totaled 191 million yen.

Dividend Policy

The annual dividend for the fiscal year ending March 2026 is 72 yen (interim 72 yen, year-end 18 yen), which corresponds to 144 yen before stock splits. The forecast for the fiscal year ending March 2027 is an annual dividend of 36 yen (interim 18 yen, year-end 18 yen). The company aims to maintain stable and continuous dividends with a payout ratio of approximately 40%.

Forecast for the Fiscal Year Ending March 2027

The projected consolidated performance for the fiscal year ending March 2027 includes net sales of 176.0 billion yen (up 11.0% YoY), operating income of 11.2 billion yen (up 1.3% YoY), ordinary income of 11.5 billion yen (down 6.5% YoY), and net income attributable to owners of the parent of 6.5 billion yen (down 15.7% YoY). The forecast assumes an exchange rate of 155 yen per US dollar. The company will monitor external factors such as geopolitical risks, including Middle East situations, and will revise forecasts as necessary.