Supplementary Explanatory Materials for the First-Quarter Financial Results for the Fiscal Year Ending March 2027

In the first quarter, consolidated net sales increased 3.3% year on year, driven by growth in overseas sales, while operating income declined 7.5% due to lower domestic sales and higher selling, general and administrative expenses. Quarterly net income attributable to owners of the parent increased 17.2%, reflecting an increase in extraordinary gains.

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No narrative explanation was provided for the reasons behind the changes in results. In numerical terms, overseas sales increased by ¥8,750 million, domestic sales decreased by ¥4,265 million, and selling, general and administrative expenses increased by ¥3,843 million. Extraordinary gains also increased by ¥5,158 million.

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