Presentation for Investors
FY2025 (April 1, 2025 - March 31, 2026) Financial Results
Translation of presentation materials for the conference call held on May 15, 2026
C o n t e n t s
01
FY2025 Financial Results P3
FY2026 Outlook P8
Segment Performance P16
ESG Topics P41
Appendix P46
C o n t e n t s
01
FY2025 Financial Results P3
FY2026 Outlook Segment Performance ESG Topics
Appendix
P8 P16 P41 P46
2H
vs. 2H
FY2024
Sales up ¥16.3 billion (+12%)
OP up ¥5.5 billion (+19%)
Net Income up ¥4.4 billion (+19%)
Full-
Year
vs. FY2024
Sales up ¥28.2 billion (+11%)
OP up ¥6.8 billion (+12%)
Net Income up ¥6.7 billion (+15%)
OP, Ordinary Income and Net Income set the highest results
ROE Actual for FY2025 is 20.3% (+1.6pt)
Full-
Year
vs. Outlook
as of Nov 2025
Sales above target ¥7.4 billion
OP above target ¥4.6 billion
Net Income above target ¥5.7 billion
Shareholder Returns
Dividend ¥202 (¥28 up vs. FY2024, ¥26 up vs. FY2025 initial outlook)
Completed a ¥10.5 billion share repurchase program （2.2 million shares）
Total Payout Ratio 75.7%, Dividend Payout Ratio 54.9%
(Medium-Term Plan Target: Total Payout Ratio 75%, Dividend Payout Ratio 55%)
(¥billion)
FY2024 Actual | FY2025 Actual | YOY Change | |||||||||||||
1H | 3Q | 4Q | 2H | Total | 1H | 3Q | 4Q | 2H | Total | 1H | 3Q | 4Q | 2H | Total | |
Sales | 118.2 | 56.6 | 76.6 | 133.2 | 251.4 | 130.1 | 65.3 | 84.2 | 149.5 | 279.6 | +11.9 (+10%) | +8.7 (+15%) | +7.6 (+10%) | +16.3 (+12%) | +28.2 (+11%) |
Operating Profit | 28.3 | 12.8 | 15.7 | 28.5 | 56.8 | 29.6 | 15.4 | 18.6 | 34.0 | 63.6 | +1.3 (+4%) | +2.6 (+21%) | +2.9 (+18%) | +5.5 (+19%) | +6.8 (+12%) |
Non-Operating Income/Expenses | -0.4 | 2.6 | -1.0 | 1.6 | 1.2 | 0.2 | 1.3 | 0.8 | 2.1 | 2.3 | +0.6 | -1.3 | +1.8 | +0.5 | +1.1 |
Foreign exchange Gains/Losses | -0.8 | 1.8 | -1.2 | 0.6 | -0.2 | -0.4 | 0.9 | 0.1 | 1.0 | 0.6 | +0.4 | -0.9 | +1.3 | +0.4 | +0.8 |
Ordinary Income | 27.9 | 15.4 | 14.7 | 30.1 | 58.0 | 29.8 | 16.7 | 19.4 | 36.1 | 65.9 | +1.9 (+7%) | +1.3 (+9%) | +4.7 (+32%) | +6.0 (+20%) | +7.9 (+14%) |
Extraordinary Income/Losses | 0.8 | 0.0 | 0.7 | 0.7 | 1.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.8 | 0.0 | -0.7 | -0.7 | -1.5 |
Net Income1 | 20.5 | 11.2 | 11.3 | 22.5 | 43.0 | 22.8 | 12.2 | 14.7 | 26.9 | 49.7 | +2.3 (+11%) | +1.0 (+9%) | -3.4 (+29%) | +4.4 (+19%) | +6.7 (+15%) |
EBITDA2 | 34.5 | 16.7 | 20.0 | 36.7 | 71.2 | 36.6 | 19.5 | 23.0 | 42.5 | 79.1 | +2.1 | +2.8 | +3.0 | +5.8 | +7.9 (+11%) |
EPS (¥/share) | 148.78 | 81.49 | 82.99 | 164.48 | 313.26 | 168.45 | 90.65 | 109.16 | 199.81 | 368.26 | +19.67 | +9.16 | +26.17 | +35.33 | +55.00 (+18%) |
Dividend (¥/share) | 70 | - | - | 104 | 174 | 70 | - | - | 132 | 202 | 0 | - | - | +28 | +28 |
Dividend payout ratio | - | - | - | - | 55.5% | - | - | - | - | 54.9% | - | - | - | - | -0.6pt |
Total amount of Dividend | 9.6 | - | - | 14.2 | 23.8 | 9.4 - | - | 17.8 | 27.2 | -0.2 | - | - | +3.6 | +3.4 | |
OP Margin | 24.0% | 22.5% | 20.6% | 21.4% | 22.6% | 22.8% | 23.5% | 22.1% | 22.7% | 22.7% | -1.2pt | +1.0pt | +1.5pt | +1.3pt | +0.1pt |
ROE | - | - | - | - | 18.7% | - | - | - | - | 20.3% | - | - | - | - | +1.6pt |
FX Rate (¥/$) | 153 | 152 | 153 | 152 | 153 | 146 | 154 | 157 | 155 | 151 | - | - | - | - | - |
1. Net Income = Profit Attributable to Owners of Parent 2. EBITDA = Operating Profit + Depreciation and amortization