We would like to express our sincere appreciation to our shareholders for their continued support.
The business environment surrounding our Group remains challenging, due to persistently high raw material and energy costs, as well as rising labor and logistics expenses. In addition, heightened tensions in the Middle East have increased uncertainty regarding the future outlook, with concerns over sharp increases in raw material prices and potential disruptions to energy supplies.
The automotive industry to which our Group belongs also continues to face a challenging business environment due to factors such as intensified competition with local manufacturers in the Chinese market and weak demand in the Thai market. On the other hand the domestic market showed signs of a modest recovery, reflecting improved sales performance at certain automobile manufacturers.
Under these circumstances, net sales for the first quarter of the fiscal year increased by 9.1% year-on-year to ¥17,562 million, primarily due to strong sales growth in the domestic automotive equipment business.
Operating income amounted to \63 million (compared with operating loss of ¥172 million in the previous fiscal year), due to sales increase.
Ordinary loss amounted to \19 million (compared with ordinary loss of \207 million).
Net loss attributable to owners of the parent amounted to ¥236 million (compared with net loss attributable to owners of the parent of ¥328 million in the previous fiscal year).
The forecast for FY26 remains unchanged from the forecasts announced on May 14, 2026, of 72,000 million yen in sales, 1,500 million yen in operating income, 1,000 million yen in ordinary income, and 200 million yen in net income attributable to shareholders of the parent company.
We kindly ask for your continued understanding and support.
August 6th, 2026
President & CEO
