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

Performance Overview

During the cumulative consolidated first quarter of the fiscal year ending October 2026, net sales amounted to 35,348 million yen (up 5.7% YoY), operating income was 1,623 million yen (up 41.2% YoY), ordinary income was 1,712 million yen (up 37.8% YoY), and net income attributable to owners of the parent was 1,095 million yen (up 129.4% YoY). The increase in net sales was driven by higher selling prices and increased sales volumes in Japan and the United States. The rise in profits was due to an increase in gross profit from higher selling prices and a reduction in selling, general and administrative expenses. By segment, Japan recorded net sales of 29,669 million yen (up 5.8% YoY), the U.S. 3,955 million yen (up 13.0% YoY), and China 3,244 million yen (down 1.5% YoY).

Financial Position and Dividend Status

Total assets stood at 105,676 million yen, an increase of 9,089 million yen compared to the end of the previous consolidated fiscal year. The equity ratio was 53.5%, down from 56.7% in the same period last year. Regarding dividends, the annual dividend forecast for the fiscal year ending October 2026 is 90 yen (45 yen at the end of the first quarter, and 45 yen at the fiscal year-end), representing an increase from 60 yen last year. The number of issued shares remains unchanged at 17,100,000 shares.