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

Performance Overview

For the nine months ended December 2025 of the fiscal year ending March 2026, consolidated net sales amounted to JPY 320,661 million (6.3% YoY increase). Operating income was JPY 32,264 million (10.7% YoY decrease), ordinary income was JPY 33,414 million (14.1% YoY decrease), and net income attributable to owners of parent for the quarter was JPY 23,027 million (18.4% YoY decrease). The decline in profits mainly reflects the impact of Fictiv Inc., included in consolidation from July, foreign exchange effects, and offsetting positive effects from volume increases and other improvements. However, expenses related to growth initiatives and foreign exchange impacts contributed to decreased profitability.

Segment Performance

The FA business recorded net sales of JPY 115,919 million (13.5% YoY increase) and operating income of JPY 14,045 million (19.8% YoY decrease), with strong performance from Fictiv Inc. contributing to sales growth overseas. However, M&A-related expenses adversely affected earnings. The Mold Components business posted net sales of JPY 65,203 million (0.7% YoY increase) and operating income of JPY 6,285 million (10.4% YoY decrease), influenced by weakened demand in the automotive sector. The VONA business showed a solid trend with net sales of JPY 139,538 million (3.6% YoY increase) and operating income of JPY 11,933 million (2.7% YoY increase).

Financial Position Overview

Total assets were JPY 438,099 million (4.4% increase from the previous consolidated fiscal year-end), net assets were JPY 366,510 million (4.1% increase), and the equity ratio stood at 83.0%, remaining nearly flat. The increase was mainly due to capital increase and acquisition of subsidiary shares leading to intangible fixed asset growth.

Revised Earnings Forecast

The full-year consolidated earnings guidance for the fiscal year ending March 2026 was revised upwards. Net sales were raised from JPY 432,000 million to JPY 440,000 million, operating income was increased from JPY 45,500 million to JPY 46,200 million, and ordinary income was revised up from JPY 46,300 million to JPY 47,300 million. Net income attributable to owners of parent remained at JPY 33,900 million. Earnings per share is forecast at JPY 125.11, a slight increase from the previous estimate.

Dividend Status

The annual dividend forecast for the fiscal year ending March 2026 is JPY 44.06 per share (year-end dividend of JPY 26.04), representing an increase from JPY 43.21 in the previous fiscal year. This figure includes a revision from the most recently announced dividend forecast.