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

Performance Overview

Consolidated net sales for the fiscal year ending March 2026 amounted to 64,277 million yen, a slight decrease of 0.1% compared to the previous year, showing a nearly flat trend. Operating income decreased by 10.7% to 3,502 million yen, while net income attributable to owners of parent increased by 5.1% to 2,738 million yen. Net sales growth was driven by increases in the Public Solutions segment, offset by temporary decreases in Mobility Solutions and reduced sales of data for car navigation systems. Operating expenses rose due to higher personnel costs and other factors. Ordinary income declined less than operating income due to improvements in equity-method investment gains and losses.

Financial Position and Dividend

At the end of the fiscal year ending March 2026, total assets stood at 72,014 million yen, down 2.6% from the previous year, and liabilities decreased by 4.2% to 23,111 million yen. Net assets decreased by 1.9% to 48,903 million yen, but the equity ratio improved by 0.5 points to 67.9%. Cash and cash equivalents declined by 17.0% to 11,536 million yen. An annual dividend of 42 yen (21 yen interim and 21 yen year-end) is planned, a 7 yen increase from the previous year. The earnings forecast for the fiscal year ending March 2027 projects net sales of 66,000 million yen (2.7% increase), operating income of 3,600 million yen (2.8% increase), ordinary income of 3,900 million yen (0.9% increase), and net income of 2,500 million yen (8.7% decrease).