Fiscal Year Ending March 2026 Q3 Financial Summary [Japan GAAP] (Consolidated)

Overview of Financial Performance

In the cumulative consolidated Q3 period of fiscal year ending March 2026, net sales decreased by 0.6% year-over-year to 262.33 billion yen. Operating income declined by 0.4% to 37.72 billion yen, and ordinary income decreased by 2.4% to 39.43 billion yen. Meanwhile, net income attributable to owners of parent for the quarter increased by 2.2% year-over-year to 28.54 billion yen, supported in part by gains on fixed asset sales. Although trends in domestic and international automotive markets affected performance, profit was supported by efforts to reduce controllable expenses.

Segment Performance and Financial Position

The synthetic resin molded products segment showed revenue growth driven by increased domestic exports and large-scale mold sales; however, due to decreased automobile production and sales in many overseas countries, overall sales declined 0.5% year-over-year to 235.56 billion yen with a profit decrease of 0.2% to 37.77 billion yen. The bed and furniture segment reported sales of 26.77 billion yen, down 2.0% year-over-year, impacted by struggles in domestic dealer sales and weak sales in Hong Kong; profit fell 3.1% to 4.13 billion yen. On the financial side, total assets increased to 372.25 billion yen and net assets rose to 286.56 billion yen, with the equity ratio climbing to 76.1%.

Status of Share Buyback

The treasury stock acquisition based on the board resolution dated October 31, 2025, was completed on January 28, 2026. A total of 285,300 shares were acquired at an aggregate purchase price of 1.417805 billion yen. This acquisition was intended to enhance capital efficiency and enable agile financial strategies. The number of issued shares remained unchanged while treasury shares increased.