Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026 (Japanese GAAP) (Consolidated)

Overview of Business Results

During the consolidated cumulative period for the third quarter of the fiscal year ending March 2026, net sales reached ¥35,378 million (up 1.2% YoY), marking a record high. This was driven by the penetration of price revisions for electrical materials, piping materials, and wiring devices, as well as steady product trends. On the other hand, operating income was ¥5,468 million (down 4.0% YoY), ordinary income was ¥5,616 million (down 3.6% YoY), and net income attributable to owners of the parent was ¥3,812 million (down 3.4% YoY), impacted by rising raw material costs. By segment, electrical materials and piping materials posted net sales of ¥27,051 million (down 0.3%) and operating income of ¥4,858 million (down 8.4%); wiring devices had net sales of ¥6,096 million (up 8.8%) and operating income of ¥706 million (up 31.0%); others recorded net sales of ¥2,231 million (down 0.5%) and operating income of ¥526 million (up 19.3%).

Overview of Financial Condition and Earnings Guidance

Total assets increased by ¥750 million from the end of the previous consolidated fiscal year to ¥67,300 million, and net assets increased by ¥1,419 million to ¥54,833 million. The equity ratio rose to 80.3%. Liabilities were ¥12,466 million, a decrease of ¥668 million. The number of outstanding shares was 25,607,086 shares, and treasury stock was 9,447,241 shares, showing no major changes. The annual dividend forecast remains unchanged at ¥130.00 (interim ¥50.00, year-end ¥80.00). There are no changes to the full-year consolidated earnings forecast announced on April 24, 2025.