ADVANEX INC. Flash Report (Consolidated Basis) Results for FY2026 first half (six months ended September 30, 2025)
November 14, 2025
2Company name: ADVANEX INC. Stock listings: Tokyo Stock Exchange
Code number: 5998 URL https://http://www.advanex.co.jp Representative: Eitaro Asada, Chairman & President
Inquiries: Tetsuya Yoshihara, Executive Director & CFO Telephone: +81-3-3822-5865
Filing date of quarterly securities report: November 14, 2025 Supplementary explanation material for quarterly financial results Yes
Holding of presentation meeting for quarterly financial results Yes
Performance (April 1, 2025 through September 30, 2025) (Figures less than ¥1 million have been omitted.)
Consolidated operating results (For the six months ended September 30.).
Percentages indicate year-on-year increase (decrease)
Net sales
Operating income
Ordinary income
Net income
Millions of yen
14,537
13,837
%
Millions of yen
626
336
%
Millions of yen
565
(816)
%
-
-
Millions of yen
386
(924)
%
-
-
Six months ended September 30, 2025
5.1
86.4
Six months ended September 30, 2024
4.5
160.3
[Note] Comprehensive income: Six months ended September 30,2025 509million yen Six months ended September 30,2024 (466)million yen
Net income per share
Net income per share after dilution
Yen
Yen
Six months ended September 30, 2025
94.08
93.95
Six months ended September 30, 2024
(225.03)
-
Consolidated financial position
Total assets
Net assets
Equity ratio
As of September 30, 2025
As of March 31,2025
Millions of yen
32,050
28,505
Millions of yen
8,519
8,093
%
26.6
28.4
[Reference] Total shareholder's equity: 8,511 million yen at September 30, 2025 8,084 million yen at March 31, 2025
Dividends
Dividends per share
Record date
First quarter
-end dividends
Second quarter
-end dividends
Third quarter
-end dividends
Year-end dividends
Total
Yen
Yen
Yen
Yen
Yen
Year ended March 31, 2025
--
--
--
20.00
20.00
Year ended March 31, 2026
--
--
--
--
--
Year ended
March 31, 2026 (forecast)
--
--
--
20.00
20.00
[Note1] Revisions to the latest forecast of cash dividends: No
Forecast of consolidated results for FY2026 (April 1, 2025 through March 31, 2026)
Percentages indicate year-on-year increase (decrease)
Net sales
Operating income
Ordinary income
Net income (loss)
Net income (loss) per share
Year ended March 31, 2026
Millions of yen
29,000
%
1.6
Millions of yen
1,000
%
(9.9)
Millions of yen
700
%
310.2
Millions of yen
300
%
-
Yen
73.07
[Note1] Revisions to the latest forecasts of consolidated results: No
Others
Significant changes in subsidiaries during the subject fiscal year: No Additions: 0 Deletions: 0
Application of simplified accounting and specific accounting: No
Changes in accounting principles, procedures, presentations, etc.
Changes associated with revision of accounting standards, etc: No
Changes other than a.: No
Change in accounting estimate: No
Restatement: No
Number of shares outstanding (Common stock)
Number of shares outstanding at end of period (Including treasury stock) 4,153,370 shares at September 30, 2025
4,153,370 shares at March 31, 2025
Number of shares of treasury stock at end of period 47,970 shares at September 30, 2025
47,469 shares at March 31, 2025
Average number of shares issued and outstanding in each period: 4,105,688 shares at September 30, 2025
4,106,471 shares at September 30, 2024
[Notes]
Explanation for related to implementation of the quarterly review procedures
When disclosing this Brief Report of Financial Results, the review procedures for quarterly financial statements under the Financial Instruments and Exchange Law have not been brought to completion.
Explanation for appropriate use of financial forecasts and other special remarks
The above-mentioned forecasts are based on the information available as of the date when this information is disclosed, as well as on the assumptions as of the disclosing date of this information related with unpredictable parameters that are probable to affect our future business performances. Our actual performance is likely to differ greatly from these estimates depending on various factors in the future.
(Attachment)
Index
Qualitative Information and Financial Statements
4
… 5
.
Qualitative Information Regarding Consolidated Business Results 4
Qualitative Information Regarding Consolidated Financial Position…………………………………
Explanation of Consolidated Business Forecast and other Forecasts 4
5
Quarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets 6, 7
Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive Income 8, 9
Consolidated cash flow ……………………………………………………………………………………
…
….
Notes Concerning Quarterly Consolidated Financial Statements……………………………………
Segment Information, etc………………………….……………………………………………………
10,11
12
12,13
1．Qualitative Information on Financial Results For This Quarter (1)Explanation of Business Results
We have operations in 12 countries, including Japan, the Americas, Europe, and Asia. We manufacture and sell metal-processing components, including precision springs, primarily for automotive, healthcare, OA equipment, and aerospace applications.
In the first half of the fiscal year under review, the business environment remained unpredictable overall, due to a number of uncertain factors, including the impact of mutual tariffs by the U.S. government, the consequent impact on the global economy, foreign exchange rates, and geopolitical risks. Nevertheless, sales of automotive and OA equipment continued to be firm, and sales to healthcare, particularly in the U.S. and Europe, remained strong.
Under these circumstances, for the same period, net sales increased 5.1% year on year to ¥14.537 billion, operating income increased 86.4% year on year to ¥626 million, ordinary income was ¥565 million (compared with a loss of ¥816 million in the same period of the previous fiscal year), and net income attributable to owners of parent was ¥386 million (compared with a loss of ¥924 million in the same period of the previous fiscal year).
Segment results are as follows.
[Japan]
Net sales increased 4.1% year on year to 4.639 billion yen and segment income increased 192.2% to 160 million yen due to steady sales for automotive applications and strong sales for precision equipment, infrastructure, and housing equipment.
[Americas]
Net sales increased 18.3% year on year to 3.016 billion yen and segment income was 327 million yen, compared with a segment loss of 23 million yen in the same period of the previous fiscal year, due to continued expansion in the medical sector as improvements were made at the Mexico plant.
[Europe]
Net sales decreased 8.9% year on year to ¥1.474 billion due to a struggle in aircraft sales affected by U.S. customs duties. Segment income was ¥153 million, compared with segment income of ¥18 million in the same period of the previous fiscal year, due to inflated fixed costs such as increases in personnel expenses and energy costs.
[Asia]
Net sales increased 3.8% to 5.406 billion yen and segment income increased 5.5% to 288 million yen due to continued strong sales for automotive and OA equipment applications.
Explanation of Financial Position
① Financial position Assets
Total assets at the end of the current interim consolidated accounting period were 32.05 billion yen, an increase of 3.544 billion yen from the end of the previous consolidated accounting year.
In the Assets section, total current assets increased ¥2.365 billion to ¥17.019 billion. The main factors
were increases of 1.636 billion yen in cash and deposits, 262 million yen in notes and accounts receivable-trade, and 432 million yen in inventories. Total non-current assets increased ¥1.178 billion to
¥15.03 billion. This was mainly due to an increase in property, plant and equipment.
Liabilities
In the Liabilities section, total liabilities increased by ¥3.118 billion from the end of the previous fiscal year to ¥23.53 billion. This was mainly due to an increase of 2.285 billion yen in borrowings.
Net assets
Net assets totaled 8.519 billion yen, an increase of 426 million yen from the end of the previous fiscal year. This was mainly due to an increase of 123 million yen in foreign currency translation adjustment due to exchange rate fluctuations and an increase of 303 million yen in total shareholders' equity due to the generation of profit attributable to owners of parent and other factors.
As a result, the equity ratio was 26.6% (28.4% at the end of the previous fiscal year).
② Analysis of Cash Flows
Cash and cash equivalents at the end of the current interim consolidated accounting period increased by 1.591 billion yen from the end of the previous consolidated accounting year to 5.703 billion yen. Cash flows for each category and factors affecting cash flows are as follows.
Cash flows from operating activities
Net cash provided by operating activities increased 842 million yen (compared with net cash used of 456 million yen in the same period of the previous fiscal year).
Major inflows included net income before income taxes of 438 million yen and cash reserves of 752 million yen due to depreciation and amortization.
The main cash outflow factors were a cash decrease of 239 million yen due to an increase in notes and accounts receivable-trade and a cash decrease of 329 million yen due to an increase in inventories.
Cash flows from investing activities
Net cash used in investing activities decreased by ¥1.303 billion, from ¥367 million in the same period of the previous fiscal year.
The main cash outflow factor was 1.306 billion yen for capital investment by us and our group companies.
Cash flows from financing avtivities
Net cash provided by financing activities increased ¥1.979 billion (compared with net cash provided of
¥1.217 billion in the same period of the previous fiscal year).
The main cash inflow factor was an increase of 2.259 billion yen in interest-bearing debt.
Explanation of Consolidated Earnings Forecasts and Other Forward-Looking Information
The consolidated earnings forecasts for the year ended March 31, 2026 are unchanged from the forecasts announced on August 8, 2025.