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

Summary of Business Performance

For the third quarter of the fiscal year ending March 2026, consolidated net sales amounted to ¥398,455 million (up 4.1% YoY), operating income was ¥8,479 million (up 40.2% YoY), ordinary income was ¥9,208 million (up 42.4% YoY), and net income attributable to owners of parent was ¥6,639 million (up 16.6% YoY). The production-related segment saw net sales of ¥251,234 million (up 3.7% YoY), despite a slowdown in domestic automotive industry capital investment, with steady sales of automation and labor-saving equipment. The consumer goods segment recorded net sales of ¥64,151 million (up 10.3% YoY) in the housing construction business supported by strong sales of air conditioning and environmental products, and ¥79,967 million (up 1.1% YoY) in the household equipment business.

Financial Condition and Outlook

Total assets increased by ¥27,336 million from the end of the previous period, reaching ¥319,602 million, while total liabilities rose ¥20,986 million to ¥185,319 million. Net assets increased by ¥6,349 million to ¥134,282 million, though the equity ratio declined from 43.3% to 41.5%. The full-year consolidated earnings forecast remains unchanged from the previous announcement, with net sales expected at ¥530,000 million (up 2.7% YoY), operating income at ¥10,000 million (up 4.9% YoY), and net income attributable to owners of parent at ¥7,150 million (down 8.9% YoY). The dividend forecast also remains unchanged at an annual ¥52 per share.