Supplementary Financial Presentation Materials Q1 FY2026 for the Period Ending November

Overview of Performance

In Q1 FY2026 ending November, net sales amounted to 30,384 million yen (up 4.7% year-over-year), and operating income was 4,333 million yen (up 28.3% year-over-year). Robust sales of domestic market rice cookers 'Enbui-daki' and humidifiers, along with successful price pass-through to offset rising import costs, contributed to the increase in net sales. Although selling, general and administrative expenses increased, operating income also increased. By region, domestic sales increased by 1,458 million yen, while overseas sales decreased by 106 million yen. By product category, fluctuations were observed across cooking appliances, living, and household appliance segments.

Consolidated Earnings Forecast and Future Outlook

For FY2026 ending November, consolidated earnings forecasts anticipate net sales of 92,500 million yen (up 1.5% year-over-year), operating income of 6,600 million yen (down 11.2% year-over-year), and net income attributable to owners of parent of 4,800 million yen (down 19.7% year-over-year). Capital expenditures are projected to significantly increase to 7,332 million yen compared to the previous year. The assumed exchange rate is 145 yen to the US dollar. While net sales are expected to remain robust, a decline in profits is forecast.