Riso Kagaku : Consolidated Financial Results for the Fiscal Year Ended March 31, 2026(under Japanese GAAP)【PDF：460KB】

May 8, 2026

Company name: RISO KAGAKU CORPORATION Listing: Tokyo Stock Exchange Prime Market Securities code: 6413

URL: https://www.riso.co.jp/english/ Representative: Akira Hayama, President & CEO

Inquiries: Yoshiomi Narumiya, Director and General Manager of Corporate Headquarters Telephone: +81-3-5441-6611 (from overseas)

Scheduled date of annual general meeting of shareholders: June 24, 2026 Scheduled date to commence dividend payments: June 25, 2026 Scheduled date to file annual securities report: June 18, 2026 Preparation of supplementary material on financial results: Yes

Holding of financial results briefing: Yes (Recorded video of briefing on business results

scheduled for distribution)

(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31,2026)
   1. Consolidated operating results (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Fiscal year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      March 31, 2026	78,990	0.3	5,111	(17.3)	5,872	(7.7)	4,378	7.1
      March 31, 2025	78,723	5.5	6,183	17.6	6,364	2.6	4,088	(15.4)

      Note: Comprehensive income	For the fiscal year ended March 31, 2026:	¥6,992 million	[29.5%]
      	For the fiscal year ended March 31, 2025:	¥5,398 million	[(33.4)%]

      	Basic earnings per share	Diluted earnings per share	Return on equity	Ratio of ordinary profit to total assets	Ratio of operating profit to net sales
      Fiscal year ended	Yen	Yen	%	%	%
      March 31, 2026	68.71	-	6.5	6.4	6.5
      March 31, 2025	62.80	-	6.1	7.2	7.9

      Reference: Share of profit (loss) of entities accounted for using equity method For the fiscal year ended March 31, 2026: ¥－million

      For the fiscal year ended March 31, 2025: ¥－million

      A two-for-one split of its common shares was conducted on January 1, 2025. As a result, net income per share stated above was calculated based on the assumption that the two-for-one stock split took place at the beginning of the fiscal year ended March 31, 2025.

   2. Consolidated financial position

      	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
      As of	Millions of yen	Millions of yen	%	Yen
      March 31, 2026	95,201	68,792	72.3	1,093.58
      March 31, 2025	88,911	66,505	74.8	1,037.20

      Reference: Equity

      As of March 31, 2026: ¥68,792 million

      As of March 31, 2025: ¥66,505 million

   3. Consolidated cash flows

   	Cash flows from operating activities	Cash flows from investing activities	Cash flows from financing activities	Cash and cash equivalents at end of period
   Fiscal year ended	Millions of yen	Millions of yen	Millions of yen	Millions of yen
   March 31, 2026	7,513	(3,247)	(3,200)	15,533
   March 31, 2025	3,347	(8,303)	(1,465)	13,706

2. Cash dividends

   	Annual dividends per share					Total cash dividends (Total)	Payout ratio (Consolidated)	Ratio of dividends to net assets (Consolidated)
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Total
   	Yen	Yen	Yen	Yen	Yen	Millions of yen	%	%
   Fiscal year ended March 31, 2025	-	0.00	-	50.00	50.00	3,206	79.6	4.9
   Fiscal year ended March 31, 2026	-	0.00	-	50.00	50.00	3,145	72.8	4.7
   Fiscal year ending March 31, 2027 (Forecast)	-	0.00	-	50.00	50.00		76.7

3. Forecasts for the fiscal year ending March 31, 2027 (from April 1, 2026 to March 31, 2027)

(Percentages indicate year-on-year changes.)

1. Significant changes in the scope of consolidation during the period: None

2. Changes in accounting policies, changes in accounting estimates, and restatement

   1. Changes in accounting policies due to revisions to accounting standards and other regulations: None

   2. Changes in accounting policies due to other reasons: None

   3. Changes in accounting estimates: None

   4. Restatement: None

3. Number of issued shares (common shares)

   1. Total number of issued shares at the end of the period (including treasury shares)

      As of March 31, 2026	72,000,000 shares
      As of March 31, 2025	72,000,000 shares

   2. Number of treasury shares at the end of the period

      As of March 31, 2026	9,094,616 shares
      As of March 31, 2025	7,879,016 shares

   3. Average number of shares outstanding during the period

A two-for-one split of its common shares was conducted on January 1, 2025. As a result, average number of shares outstanding during the period above was calculated based on the assumption that the two-for-one stock split took place at the beginning of the fiscal year ended March 31, 2025.

1. Non-consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)
   1. Non-consolidated operating results (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit
      Fiscal year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      March 31, 2026	57,187	(3.1)	2,580	(41.7)	4,873	(22.1)	4,391	(12.4)
      March 31, 2025	58,989	3.6	4,427	18.9	6,256	2.6	5,014	(1.9)

      	Basic earnings per share	Diluted earnings per share
      Fiscal year ended	Yen	Yen
      March 31, 2026	68.91	-
      March 31, 2025	77.04	-

      A two-for-one split of its common shares was conducted on January 1, 2025. As a result, number of net income per share stated above was calculated based on the assumption that the two-for-one stock split took place at the beginning of the fiscal year ended March 31, 2025.

   2. Non-consolidated financial position

   	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
   As of	Millions of yen	Millions of yen	%	Yen
   March 31, 2026	78,320	58,308	74.4	926.92
   March 31, 2025	74,974	57,899	77.2	902.98

   Reference: Equity

   As of March 31, 2026: ¥58,308 million

   As of March 31, 2025: ¥57,899 million

   • Review of the attached financial statements by a certified public accountant or audit firm: None

   • Proper use of the forecasts, and other special matters

   The forward-looking statements, including forecasts, contained in these materials are based on information currently available to the Company. These statements do not purport that the Company pledges to achieve such performance. Actual business may differ substantially from the forecasts due to various factors in the future.

   Attached MaterialsIndex

   1. Overview of Operating Results 2

      1. Overview of Operating Results for the Fiscal Year under Review 2

      2. Overview of financial position for the Fiscal Year under Review 3

      3. Overview of cash flows for the Fiscal Year under Review 3

      4. Business outlook for the next fiscal year 3

      5. Basic Policy for Earning Distribution and Current and Next Fiscal Year Dividends 3

      6. Impact of the Situation in the Middle East on Operations and Business Results 4

      7. Explanation on research and development activities 4

   2. Management Policies 5

   3. Basic policy on the selection of accounting standards 5

   4. Consolidated Financial Statements and Notes 6

      1. Consolidated balance sheets 6

      2. Consolidated statements of income and comprehensive income 8

         (Consolidated statements of income) 8

         (Consolidated statements of comprehensive income) 9

      3. Consolidated statements of changes in net assets 10

      4. Consolidated statements of cash flows 12

      5. Notes on consolidated financial statements 13

   (Notes on premise of going concern) 13

   (Notes on segment information) 13

   (Notes on per-share information) 14

   (Notes on significant subsequent events) 15

   1. Overview of Operating Results
      1. Overview of Operating Results for the Fiscal Year under Review

         The RISO Group (RISO) has conducted its business activities for the fiscal year ended March 31, 2026, in line with its Management Policies: “Maintain reliable management in the Printing Equipment-Related Business”, “Promote planning and development unique to RISO”, and “Improve planning in the Corporate Headquarters”.

         For the fiscal year under review, net sales were on par with the previous fiscal year, while operating profit decreased compared to the previous fiscal year.

         In the Printing Equipment-Related Business, net sales and gross profit were on par with the previous fiscal year. Although the integration of the inkjet head business in July 2024 and the depreciation of the yen contributed to an increase, this was offset by continued declines in sales in the digital duplicating business in Japan and lower sales of main hardware products in the overseas inkjet business.

         Operating profit decreased, as selling, general and administrative expenses rose due to the business integration and the depreciation of the yen, among other factors.

         Profit attributable to owners of parent increased, due in part to recording 303 million yen of foreign exchange gains as non-operating income (as opposed to 319 million yen of foreign exchange losses in the previous fiscal year), extraordinary income of 677 million yen as gain on sale of investment securities, and extraordinary losses of 101 million yen as loss on liquidation of subsidiaries (490 million yen of business restructuring expenses were recorded in the previous fiscal year).

         Net sales were 78,990 million yen (up 0.3% year on year), operating profit was 5,111 million yen (down 17.3% year on year), ordinary profit was 5,872 million yen (down 7.7% year on year), and profit attributable to owners of parent was 4,378 million yen (up 7.1% year on year).

         The average exchange rates during the current consolidated fiscal year under review were 150.77 yen (a 1.81 yen appreciation of the yen year on year) for the US dollar and 174.79 yen (a 11.04 yen depreciation of the yen year on year) for the euro.

         Results by segment are as follows:

         1. Printing equipment-related business

            RISO operates a printing equipment-related business, comprising the Printing Equipment Business and the Inkjet Head Business. Within the Printing Equipment Business, we operate the inkjet business, principally with its ORPHIS high-speed inkjet printers, as well as the digital duplicating business, consisting mainly of its RISOGRAPH digital duplicators.

            In the Printing Equipment-Related Business, net sales were 77,317 million yen (up 0.4% year on year)—on par with the previous fiscal year—and segment profit was 4,838 million yen (down 18.1% year on year), a decrease compared to the previous fiscal year.

            Net sales in Japan amounted to 35,766 million yen (down 1.2% year on year), while overseas net sales reached 41,551 million yen (up 1.7% year on year).

         2. Real estate business

            RISO’s real estate business consists of the leasing of buildings.

            Net sales in the real estate business were 1,061 million yen (up 3.6% year on year), and segment profit was 642 million yen (up 3.3% year on year).

         3. Others

            RISO operates the print creating business, the digital communication business, and the application software business, among others as well as printing equipment-related business and real estate business.

            Net sales in the others were 611 million yen (down 6.9% year on year), and segment loss was 369 million yen (compared to segment loss of 345 million yen in the same period of the previous fiscal year).

      2. Overview of financial position for the Fiscal Year under Review

         The financial position at the end of the fiscal year under review compared to the end of the previous fiscal year was as follows.

         Total assets rose by 6,290 million yen to 95,201 million yen. Net assets rose by 2,286 million yen to 68,792 million yen.

         The main changes in the assets section were increases of 1,888 million yen in cash and deposits, 2,622 million yen in investment securities, and 1,096 million yen in retirement benefit asset. In the liabilities section, short-term borrowings increased by 2,126 million yen and retirement benefit liability increased by 786 million yen, while long-term borrowings decreased by 751 million yen. In the net assets section, retained earnings increased by 1,172 million yen, treasury shares increased by 1,499 million yen (decreasing net assets), and foreign currency translation adjustment increased by 1,705 million yen.

         As a result, the equity ratio decreased by 2.5 points to 72.3%.

      3. Overview of cash flows for the Fiscal Year under Review

         Cash and cash equivalents (“cash”) at the end of the fiscal year under review increased by 1,826 million yen year on year to 15,533 million yen.

         The positions and contributing factors of each cash flow in the fiscal year under review were as follows.

         (Cash flows from operating activities)

         Net cash provided by operating activities was 7,513 million yen (up 124.4% year on year). This is mainly attributable to profit before income taxes of 6,359 million yen, depreciation of 3,223 million yen, and income taxes paid of 1,677 million yen.

         (Cash flows from investing activities)

         Net cash used in investing activities was 3,247 million yen (down 60.9% year on year). This is primarily the result of expenditures of 1,513 million yen for the purchase of property, plant and equipment, and expenditures of 1,891 million yen for the purchase of investment securities.

         (Cash flows from financing activities)

         Net cash used in financing activities was 3,200 million yen (up 118.4% year on year). This mainly reflects a net increase in short-term borrowings of 2,124 million yen, expenditures of 1,499 million yen for the purchase of treasury stock, and payments of 3,205 million yen for cash dividends.

      4. Business outlook for the next fiscal year

         For the next fiscal year, consolidated forecasts are net sales of 80,900 million yen, operating profit of 4,900 million yen, ordinary profit of 5,100 million yen, and profit attributable to owners of parent of 4,100 million yen. The aforementioned forecast is premised on the exchange rates of 150 yen against US dollar and 175 yen against the euro.

         For the next fiscal year, the Company expects net sales to increase, driven in part by the business succession of its sales distributor in the Philippines. On the other hand, operating profit is expected to decrease due to one-time expenses related to the business succession and the burden of goodwill amortization, among other factors. Profit attributable to owners of parent is also forecast to decrease.

         The cost increases currently anticipated as a result of the situation in the Middle East have been factored into the forecasts for the next fiscal year. However, depending on how the situation develops going forward, business results may be further affected.

      5. Basic Policy for Earning Distribution and Current and Next Fiscal Year Dividends

         As for distribution of earnings to shareholders, the Company sets the two policies as below as Basic Policies: (1)Allocate an appropriate portion of earnings as a dividend in accordance with business result while retaining

         the means to strengthen the corporate structure.

         (2) Strive to make continued, stable dividend payments.

         Based on the Basic Policies, the Company will distribute annual dividends from surplus once a year at the end of every fiscal year. Also, we regard the repurchasing of shares as a measure for allocating earnings to shareholders and will effectuate it taking into account stock price levels and market trends.

         The Company plans year-end dividend of 50 yen per share for the fiscal year under review. During the fiscal year under review, the Company purchased a total of 1,215,600 shares of treasury stock, for 1,499 million yen. In accordance with the Basic Policies, the Company plans to pay a dividend of 50 yen per share for the next fiscal year.

         In accordance with the Basic Policies, the Company plans to pay a dividend of 50 yen per share for the next fiscal year. That said, if the situation in the Middle East affects business results going forward, it may also affect dividends.

      6. Impact of the Situation in the Middle East on Operations and Business Results

         The Company recognizes that, since February 28, 2026, heightened tensions in the Middle East have affected the supply of crude oil and naphtha within Japan.

         The raw materials and components used in the Company’s products contain a significant amount of chemical products and resins derived from naphtha, and we have concluded that this will affect the manufacturing of our products. In response to the heightened tensions in the Middle East, some suppliers have notified us of shipment adjustments and price increases for raw materials and components.

         Furthermore, should energy prices surge significantly due to constraints on the supply of crude oil or other factors, this would lead to increases in the manufacturing costs of our products as well as in expenses such as transportation costs and utility costs, and we have concluded that this would affect the business results of the Group.

         Regarding the Impact of Price Increases for Raw Materials and Components

         A certain increase in manufacturing costs, in line with price increases in raw materials and components, has been assumed and factored into the forecasts for the next fiscal year. However, depending on how the situation develops going forward, cost increases may exceed our current assumptions.

         Regarding Increases in Expenses

         Surging energy prices may push up transportation, utility, and other costs beyond our assumptions, potentially affecting the Group’s business results. However, as a reasonable estimate is difficult at this time, it has not been factored into the forecasts for the next fiscal year.

         Regarding the Procurement of Raw Materials and Components

         No significant problems have arisen in the procurement of raw materials and components at this time, and we do not anticipate any impact on the sale of our products or the supply of our services. However, should the naphtha supply problem persist and disrupt the procurement of raw materials and components, this would affect the sale of our products and the supply of our services, and may therefore affect the Group’s business results.

         In addition, the impact on the sale of our products from fluctuations in customer demand caused by price movements and shifts in economic conditions accompanying the heightened tensions in the Middle East has not been factored into the forecasts for the next fiscal year, as a reasonable estimate is difficult at this time.

         The forward-looking statements, including consolidated earnings forecasts, made in these materials are based on information currently available to the Company and on certain assumptions deemed reasonable. Actual business results, etc. may differ from the forecasts for various reasons.

      7. Explanation on research and development activities

      Expenses for RISO’s research and development activities in FY2026 totaled 5,919 million yen. The main R&D activities were in the printing equipment-related business.

2. Management Policies

   In the Group’s mainstay printing equipment business, we understand that improving the profitability of the inkjet business is a key issue. We also recognize that the medium- to long-term management issue for the Group is adapting to changes in the business environment and creating a lean and efficient corporate structure.

   To achieve medium- to long-term growth for the Group, we will implement global sales initiatives that leverage the unique characteristics of our products and services. Additionally, we will engage in efforts aimed at creating new businesses.

   For the fiscal year ending March 2027, we will operate according to the following management policies.

   Enhance the profit structure of the Printing Equipment-Related Business. Promote planning and development unique to RISO.

   Improve planning in the Corporate Headquarters. Swiftly adapt to the changing international environment.

3. Basic policy on the selection of accounting standards

   Due to convergence with international accounting standards, Japanese accounting standards have attained high quality and compare favorably in international terms. As they are considered the equal of international accounting standards, RISO applies Japanese accounting standards. With regard to adopting international accounting standards in future, the Company will respond appropriately based on due consideration of both domestic and international circumstances.

4. Consolidated Financial Statements and Notes

(Millions of yen)

As of March 31, 2025 As of March 31, 2026

Assets

Current assets

Liabilities

(Millions of yen) As of March 31, 2025 As of March 31, 2026

Current liabilities

Comprehensive income attributable to non-controlling － －

interests

(Millions of yen)

(Millions of yen)

No items to report

1. Reportable segments

   The reportable segments of the Company are the constituent units for which separate financial information is obtainable, and the Board of Directors periodically conducts examinations of these segments to determine the allocation of management resources and evaluate performance.

   Business units for each product and service are located in the headquarters of the Company, with each business unit formulating comprehensive strategies for the products and services that they handle in both domestic and overseas markets, and engaging in business activities accordingly.

   Therefore, the Company’s business is classified into Printing Equipment Business, Inkjet Head Business, Real Estate Business, Print Creating Business, Digital Communication Business, Application Software Business, etc.

2. Methods to determine the amounts of sales, income or loss, assets, liabilities and other items

   The accounting method for the business segments that are reported is largely the same as the one for the consolidated financial statements.

   Figures for reportable segment profit are on the basis of operating income.

3. Information on sales and income or loss for each reportable segment Fiscal year ended March 31, 2025 (from April 1, 2024 to March 31, 2025)

(Millions of yen)

Notes: 1. The printing equipment-related business includes both the printing equipment business and the inkjet head business.

1. The business segment “Others” encompasses businesses not included in the reportable segments, and includes the print creating business, the digital communication business and the application software business, among others.

2. Total amount of segment profit (loss) coincides with the operating profit in the semi-annual consolidated statements of income.

3. Assets and liabilities at the segment level are not taken into consideration when determining the allocation of management resources or when evaluating results and thus are not presented here.

Fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)

(Millions of yen)

Notes: 1. The printing equipment-related business includes both the printing equipment business and the inkjet head business.

1. The business segment “Others” encompasses businesses not included in the reportable segments, and includes the print creating business, the digital communication business and the application software business, among others.

2. Total amount of segment profit (loss) coincides with the operating profit in the semi-annual consolidated statements of income.

3. Assets and liabilities at the segment level are not taken into consideration when determining the allocation of management resources or when evaluating results and thus are not presented here.

Notes: 1. The Company conducted a stock split at a ratio of 2 shares for every 1 share of common stock on January 1, 2025. Basic earnings per share are calculated as if this stock split had been conducted at the beginning of the previous consolidated fiscal year.

1. Diluted earnings per share is not shown in the above table, as there are no residual shares.

2. The basis for calculating basic earnings per share is as follows.

No items to report