March 2026 Financial Results Supplemental Materials

Performance Overview

For the fiscal year ending March 2026, net sales are 51,103 million yen, remaining nearly flat compared to the previous year. However, due to the contraction of the metal spread, operating profit decreased significantly by 65.9% to 923 million yen. Ordinary income was 1,113 million yen (down 57.2% YoY), and net income attributable to owners of the parent was 1,275 million yen (down 26.4% YoY). Although sales volume increased, a decline in sales price suppressed profit margins.

Shareholder Returns and Capital Policy

The dividend forecast for the fiscal year ending March 2027 is 113 yen (up 9 yen YoY), with an interim dividend of 56 yen and a year-end dividend of 57 yen. The company will also conduct a share buyback of up to 900,000 shares (3.32% of issued shares), with a total acquisition amount of up to 1,700 million yen. The buyback period is from May 14, 2026, to November 30, 2026, conducted via market purchase. The equity ratio remains stable at 88.6%.