Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRSThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
In the automotive-related business, demand in the North American market was strong and aftermarket products continued to grow steadily. In Components and Solutions, demand increased with investment in data centers for generative AI, while Niterra Materials contributed to revenue. The medical business returned to profitability through fixed-cost reductions. Overall, the weaker yen supported exchange rates, and a ¥59.027 billion gain on the valuation of investment securities was recorded, while a ¥9.808 billion loss on business transfer was recorded.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥406,226 million (YoY +15.7%) |
| Operating profit | ¥81,773 million (YoY +15.6%) |
| Ordinary income | ¥138,108 million (YoY +84.5%) |
| Profit attributable to owners of the parent | ¥110,040 million (YoY +108.1%) |
| Net income per share | ¥282.16 |
| Operating Margin | 20.1% |
| Equity ratio | End of the current fiscal period 65.5% / End of previous period 62.8% |
| Total assets | ¥1,287,243 million |
| Net assets | ¥846,576 million |
| Cash flows from operating activities | ¥69,537 million |
| Cash flows from investing activities | ¥23,982 million |
| Cash flows from financing activities | ¥-40,003 million |
| Cash and cash equivalents at end of period | ¥239,150 million |
| Full-year earnings forecast | Net Sales ¥810,000 million (YoY +10.8%) / Operating profit ¥160,000 million (YoY +15.8%) / Ordinary income ¥160,000 million (YoY -3.3%) / Net income ¥125,000 million (YoY +10.7%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥810,000 million / Operating profit Not disclosed → ¥160,000 million / Ordinary income Not disclosed → ¥160,000 million / Net income Not disclosed → ¥125,000 million |
| Annual Dividend Forecast | ¥205.00 (previous fiscal year actual, before the stock split) → ¥238.00 (on a pre-stock-split basis; annual total after the stock split: –)（16.1% (on a pre-stock-split basis)） |
| Payout ratio | 37.1% |
| Segment revenue | Automotive-Related Business ¥322,713 million (YoY +13.2%), Components & Solutions ¥75,991 million (YoY +23.7%) |
| Segment profit | Automotive-Related Business ¥76,894 million (YoY +8.8%), Components & Solutions ¥5,883 million |
| Depreciation and amortization | ¥22,468 million |
| Breakdown of extraordinary income (loss) | Gain on the valuation of investment securities (finance income) ¥59,027 million, Loss on business transfer (other expense) ¥9,808 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement Not disclosed |
| Changes in the scope of consolidation | Newly consolidated: 0 companies; excluded from consolidation: 0 companies. No significant changes. |
| Material subsequent events | A 2-for-1 stock split of common shares was conducted effective 1 October 2026. |
| Availability of Supplementary Financial Results Materials | None |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 398,495,440 shares |
| Treasury Shares at Period-End | 9,179,704 shares |
| Factors Behind Changes in Business Performance | In the automotive-related business, demand in the North American market was strong and aftermarket products continued to grow steadily. In Components and Solutions, demand increased with investment in data centers for generative AI, while Niterra Materials contributed to revenue. The medical business returned to profitability through fixed-cost reductions. Overall, the weaker yen supported exchange rates, and a ¥59.027 billion gain on the valuation of investment securities was recorded, while a ¥9.808 billion loss on business transfer was recorded. |
Items this document does not state (4)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Performance remained solid as the yen traded at weaker levels, supported by increased demand for the SPE business, strong demand in the North American market and fixed-cost reductions in the medical business. The full-year forecast is now expected to exceed the previous forecast even after taking into account losses on the withdrawal of Wells' automotive parts business and other factors. Gains on the valuation of investment securities have not been included in the full-year forecast because market prices remain volatile, making it difficult to establish reliable assumptions.