Presentation: Results for the Fiscal Year Ended March 31, 2025

Presentation for the Fiscal Year Ended March 31, 2025

May 14, 2025

This datum is based on the data as of March 31, 2025. The opinion and forecast described here is based on our judgment at that time and may possibly be changed without notice.

1. Operation results for FY2025

2. FY2026 earning forecast

1. Summary of Consolidated Financial

Results for Fiscal Year Ended Mar 2025

Net Sales

Income

Operating

(Margin)

Income

Ordinary

Net Income

Attribute to owners of parent

• Sales were sluggish for automotive applications due to the rise of Chinese manufacturers and the impact of certification fraud issues. However, sales increased YoY due to favorable sales to OA and the rapid expansion of healthcare businesses, particularly in the Americas.

• Operating profit increased YoY due to the expansion of the medical business, particularly in the Americas, which drove earnings, despite rising personnel and energy costs.

• While core business (up to operating profit) improved, recurring profit declined YoY due to the booking of a foreign exchange loss of ¥761 million (compared to a gain of ¥664 million in the same period of the previous fiscal year) due to the revaluation of assets and liabilities held associated with foreign exchange fluctuations (mainly US dollar ÷ Mexican peso).

• The company booked a ¥371 million extraordinary retirement allowance for the closure of its Singapore plant and a ¥100 million provision for loss on litigation related to a lawsuit with Mareli K.K. as extraordinary losses.

1. Quarterly Transition of Sales and

Income(Consolidated)

（Million yen）

8,000

Net Sales(Left axis)

Operationg Income(Right axis)

582

（Million yen）

7,251

7,443

6,927

6,834

7,002

6,235

6,309

6,436

6,699

6,611

6,311

5,647

200

225

190

139

110

126

110

48

-21

-10

-165

600

4,000 0

0

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q

-600

1. Net Sales and Operating Income by

   Geographical Segment

   Net Sales（Left axis）

   Operating Income（Right axis）
   
   

   Million yen）

   Japan

   Americas

   Europe

   Asia

   （Million yen）

   12,000

   9,000

   8,867 9,095

   10,339 10,627

   1,000

   500

   6,000

   3,000

   113

   222

   △455

   4,231

   192

   5,410

   230

   150

   3,111 3,399

   0

   -500

   0

   FY24 FY25

   FY24 FY25

   FY24 FY25

   464

   544

   FY24 FY25

   -1,000

   ＋ Increase sales to OA

   • Raise in salary

   • Raise in energy cost

   ＋ Increase sales to medical ＋ Improvement of Mexico factory

   • Raise in energy cost

   • Raise in salary

     ＋ Increase sales to medical

   • Raise in energy cost

   • Raise in salary

     ＋ Increase sales to OA

   • Raise in energy cost

   • Raise in salary