Financial Summary for Q1 FY2026 (Japanese GAAP) (Consolidated)

Overview of Financial Results

For Q1 FY2026, net sales were 36,272 million yen (1.5% decrease YoY), operating income was 2,353 million yen (13.0% decrease YoY), ordinary income was 2,487 million yen (12.8% decrease YoY), and net income attributable to owners of parent was 1,656 million yen (14.9% decrease YoY). The main factors include delays in demand recovery for semiconductor manufacturing equipment, machine tools, and automotive sectors, as well as construction and electrical retail sectors facing higher material costs and labor shortages, leading to construction delays. On the other hand, proactive sales activities were actively pursued, such as promoting proposal-based sales and acquiring new clients.

Financial Position and Outlook

Total assets stood at 116,442 million yen, an increase of 5,439 million yen from the previous fiscal year-end, while net assets increased by 661 million yen to 59,584 million yen. Total liabilities also rose to 56,857 million yen. Treasury stock increased to 889,083 shares compared to the previous period-end. There is no change in the consolidated earnings forecasts for the second quarter cumulative and full fiscal year announced on December 9, 2025. Given the rise in copper prices and uncertainty in the economic outlook, continuous attention to the business performance trend is necessary.