Consolidated Financial Results for the Year Ended March 31 2026 （353KB）

Notice: This document is a translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

April 24, 2026

Company name: TOMEN DEVICES CORPORATION

Listing: Tokyo Stock Exchange

Securities code: 2737

URL: https://www.tomendevices.co.jp Representative: Kiyotaka Nakao, President

Inquiries: Hideki Hara, General Manager, Accounting Department Telephone: 03-3536-9150

Scheduled date of ordinary general meeting of shareholders: June 29, 2026 Scheduled date to file Securities Report: June 25, 2026

Scheduled date to commence dividend payments: June 30, 2026 Preparation of supplementary material on financial results: Yes

Holding of financial results briefing: Yes

(Amounts less than million yen are rounded down.)

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

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      March 31, 2026	633,668	50.3	18,784	84.7	13,322	80.6	10,015	79.2
      March 31, 2025	421,671	13.8	10,169	7.3	7,377	18.9	5,588	166.6

      Note: Comprehensive income	Year ended March 31, 2026	¥11,657 million	[ 113.0% ]
      	Year ended March 31, 2025	¥5,473 million	[ 25.2% ]

      	Earnings per share	Profit attributable to owners of parent/equity	Ordinary profit/total assets	Operating profit/net sales
      Year ended	Yen	%	%	%
      March 31, 2026	1,472.71	18.4	5.8	3.0
      March 31, 2025	821.69	11.7	6.0	2.4

      Reference: Share of profit (loss) of entities accounted for using equity method	Year ended March 31, 2026	¥29 million
      (2) Consolidated financial position	Year ended March 31, 2025	¥27 million

      	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
      As of	Millions of yen 344,957 113,970	Millions of yen 59,237 49,621	%	yen
      March 31, 2026			17.2	8,710.38
      March 31, 2025			43.5	7,296.29

      Reference: Equity As of March 31, 2026 ¥59,237 million

      As of March 31, 2025 ¥49,621 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
      Year ended	Millions of yen	Millions of yen	%	yen
      March 31, 2026	(97,467)	(362)	95,965	11,721
      March 31, 2025	9,210	(21)	(16,853)	13,172

2. Cash dividends

   	Annual dividends per share					Total cash dividends (Total)	Dividend payout ratio (Consolidated)	Ratio of dividends to net assets (Consolidated)
   	1st quarter-end	2nd quarter-end	3rd quarter-end	Fiscal year-end	Total
   	Yen	Yen	Yen	Yen	Yen	Millions of yen	%	%
   Year ended March 31, 2025 Year ended March 31, 2026	- -	0.00 0.00	- -	300.00 540.00	300.00 540.00	2,040 3,672	36.5 36.7	4.3 6.7
   Year ending March 31, 2027 (Forecast)	-	0.00	-	600.00	600.00		37.1

3. Forecast of consolidated financial results for the year ending March 31, 2027 (from April 1, 2026 to March 31, 2027) Percentages indicate year-on-year changes

   	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent		Earnings per share
   Full year	Millions of yen 750,000	% 18.4	Millions of yen 18,200	% (3.1)	Millions of yen 14,500	% 8.8	Millions of yen 11,000	% 9.8	Yen 1,617.43

4. Notes

1. Changes in significant subsidiaries during the year ended March 31, 2026 (changes in specified subsidiaries resulting in the change in the scope of consolidation) : No

2. Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statement Changes in accounting policies due to revisions to accounting standards and other regulations: No

   Changes in accounting policies due to other reasons: No Changes in accounting estimates: No

   Restatement of prior period financial statements: No

3. Number of issued shares (common shares)

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

Number of treasury shares at the end of the period

Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)

1. Non-consolidated financial results for the year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)

   1. Non-consolidated operating results (Percentages indicate year-on-year changes.)

1. 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	163,696	26,889	16.4	3,953.87
   March 31, 2025	70,762	26,268	37.1	3,862.52

   Reference: Equity As of March 31, 2026: ¥26,889 million

   As of March 31, 2025: ¥26,268 million

   • Financial results reports are exempt from audit conducted by certified public accountants or an audit firm.

   • Proper use of forecasts of financial results, and other special matters (Caution regarding forward-looking statements and others)

     The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. Consequently, any statements herein do not constitute assurances regarding actual results by the Company. Actual business and other results may differ substantially due to various factors.

     Contents of the Attachment

     1. Overview of Operating Results, etc 2

        1. Overview of Operating Results 2

        2. Overview of Financial Position 2

        3. Overview of Cash Flows 3

        4. Future Outlook 4

        5. Basic Policy on Profit Distribution and Dividends for the Current and Next Fiscal Years… 4

     2. Basic Approach to Selecting Accounting Standards 5

     3. Consolidated Financial Statements and Primary Notes 6

        1. Consolidated Balance Sheet 6

        2. Consolidated Statements of Income and Comprehensive Income 8

           Consolidated Statement of Income 8

           Consolidated Statement of Comprehensive Income 9

        3. Consolidated Statement of Changes in Shareholders' Equity, etc 10

        4. Consolidated Statements of Cash Flows 12

        5. Notes to Consolidated Financial Statements 13

           (Notes on Going Concern Assumption) 13

           (Segment Information) 13

           (Per Share Information) 15

           (Significant Subsequent Events) 15

     4. Supplementary Information 16

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1. Overview of Operating Results, etc.

   1. Overview of Operating Results

      During the consolidated fiscal year under review, the Japanese economy experienced a gradual recovery, supported by a rebound in personal consumption amid improved employment and income conditions and solid corporate earnings. However, the global economic outlook remained uncertain due to concerns over trade friction related to U.S. policy changes, foreign exchange volatility, geopolitical risks, and rising energy and raw material prices.

      In the electronics industry, demand for memory products was driven by data center investments associated with the expansion of generative AI. In the automotive field, the adoption of advanced semiconductors continued to increase alongside the advancement of Autonomous Driving (AD) and Advanced Driver Assistance Systems (ADAS) technologies.

      In these circumstances, the Tomen Devices Group posted net sales of ¥633,668 million (up 50.3% year on year) due to an increase in sales of products for servers and storage and products for automotive applications, as well as the upward trend in prices of memory products, which are its mainstay products. In addition, amid rising prices for memory products, the Company worked to improve profitability, operating profit increased to

      ¥18,784 million (up 84.7% year on year), ordinary profit to ¥13,322 million (up 80.6% year on year), and profit attributed to owners of parent to ¥10,015 million yen (up 79.2% year on year).

      Operating results by segment for the fiscal year under review are as follows:

      (Japan)

      Net sales in this segment amounted to ¥159,885 million (up 25.6% year on year), driven by increased sales of the automotive and system-in-package (SiP) businesses. Segment profit was 7,094 million yen (up 61.4% year on year).

      (Overseas)

      Net sales in this segment amounted to ¥473,783 million (up 61.0% year on year), as increased sales of memory products for server and storage and automotive applications offset a decline in sales of high-resolution CIS for smartphones. Segment profit stood at 11,437 million yen (up 94.4% year on year).

      For results by product category, see "4. Supplementary Information" on page 16.

   2. Overview of Financial Position

Total assets at the end of the consolidated fiscal year under review stood at ¥344,957 million (up 202.7% from the end of the previous fiscal year), mainly due to increases in merchandise, notes and accounts receivable - trade, and cash and deposits.

Liabilities totaled ¥285,719 million (up 344.0% from the end of the previous fiscal year), mainly reflecting increases in short-term borrowings, accounts payable - trade and advances received.

Net assets were ¥59,237 million (up 19.4% from the end of the previous fiscal year), mainly due to the recording of profit attributable to owners of parent and the payment of dividends.

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