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Results5998Advanex Inc.Construction and Materials

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period, net sales and operating profit increased, while ordinary profit declined due to foreign exchange losses and other factors. Net income increased substantially due to extraordinary income from the transfer of the Singapore plant. Full-year earnings and dividend forecasts remain unchanged.

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Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales15,941¥ millionYear on year +9.7%Progress 53.1%
Operating profit748¥ millionYear on year +19.5%Progress 49.9%
Ordinary income419¥ millionYear on year -25.8%Progress 34.9%
Net income attributable to owners of the parent1,504¥ millionYear on year +289.5%

The 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.

Net income per share¥366.57
Financial position at period-end
Total assets34,321¥ million
of which net assets 11,268 ¥ millionEquity ratio 32.8%vs. prior year-end +1.7pt

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.

Cash inflows and outflows
Operating+1,002,835
Investment+482,924
Financials-49,732
Net change+1,436,027

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥6,555,231 thousand
Segment revenueJapan ¥4,851,358 thousand (YoY +4.6%), Americas ¥3,344,181 thousand (YoY +10.9%), Europe ¥2,043,714 thousand (YoY +38.6%), Asia ¥5,702,093 thousand (YoY +5.5%)
Segment profitJapan ¥131,841 thousand (YoY -18.0%), Americas ¥68,064 thousand (YoY -79.2%), Europe ¥69,473 thousand, Asia ¥471,093 thousand (YoY +63.5%)
Regional sales¥4,851,358 thousand (YoY +4.6%), ¥3,344,181 thousand (YoY +10.9%), ¥2,043,714 thousand (YoY +38.6%), ¥5,702,093 thousand (YoY +5.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥30,000 million (YoY +1.1%)
Operating profit¥1,500 million (YoY +13.4%)
Ordinary income¥1,200 million (YoY -10.7%)
Profit attributable to owners of the parent¥2,000 million (YoY +94.6%)
Annual Dividend Forecast¥35 → ¥50
Factors Behind Changes in Business Performance

Strong performance in the automotive, medical equipment, precision equipment and aircraft sectors; higher raw material costs; reciprocal tariffs imposed by the U.S. government; foreign exchange impact from the stronger Mexican peso; foreign exchange losses; gains on the sale of fixed assets arising from the transfer of the Singapore plant, and other factors

Disclosure regarding the going concern assumption

None

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies (company name: —) / Excluded 0 companies (company name: —)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥1,393,766 thousand / Extraordinary loss Loss on sale of property, plant and equipment ¥141 thousand, Loss on disposal of non-current assets ¥1,942 thousand, Business restructuring loss ¥9,137 thousand, Compensation for damages ¥77,440 thousand
Depreciation and amortization¥878,418 thousand
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingHeld ( 대상者: Not disclosed)
Issued Shares at Period-End4,153,370
Treasury Shares at Period-End49,066
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥15,941 million (YoY +9.7%)
Operating profit¥748 million (YoY +19.5%)
Ordinary income¥419 million (YoY -25.8%)
Profit attributable to owners of the parent¥1,504 million (YoY +289.5%)
Net income per share¥366.57
Equity ratioEnd of the current fiscal period 32.8 / End of previous period 31.1
Total assets¥34,321 million
Net assets¥11,268 million
Cash flows from operating activities¥1,002,835 thousand
Cash flows from investing activities¥482,924 thousand
Cash flows from financing activities¥-49,732 thousand
Cash and cash equivalents at end of period¥6,555,231 thousand
Full-year earnings forecastNet Sales ¥30,000 million (YoY +1.1%) / Operating profit ¥1,500 million (YoY +13.4%) / Ordinary income ¥1,200 million (YoY -10.7%) / Profit attributable to owners of the parent ¥2,000 million (YoY +94.6%)
Annual Dividend Forecast¥35 → ¥50
Segment revenueJapan ¥4,851,358 thousand (YoY +4.6%), Americas ¥3,344,181 thousand (YoY +10.9%), Europe ¥2,043,714 thousand (YoY +38.6%), Asia ¥5,702,093 thousand (YoY +5.5%)
Segment profitJapan ¥131,841 thousand (YoY -18.0%), Americas ¥68,064 thousand (YoY -79.2%), Europe ¥69,473 thousand, Asia ¥471,093 thousand (YoY +63.5%)
Regional sales¥4,851,358 thousand (YoY +4.6%), ¥3,344,181 thousand (YoY +10.9%), ¥2,043,714 thousand (YoY +38.6%), ¥5,702,093 thousand (YoY +5.5%)
Depreciation and amortization¥878,418 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥1,393,766 thousand / Extraordinary loss Loss on sale of property, plant and equipment ¥141 thousand, Loss on disposal of non-current assets ¥1,942 thousand, Business restructuring loss ¥9,137 thousand, Compensation for damages ¥77,440 thousand
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies (company name: —) / Excluded 0 companies (company name: —)
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingHeld ( 대상者: Not disclosed)
Issued Shares at Period-End4,153,370
Treasury Shares at Period-End49,066
Factors Behind Changes in Business PerformanceStrong performance in the automotive, medical equipment, precision equipment and aircraft sectors; higher raw material costs; reciprocal tariffs imposed by the U.S. government; foreign exchange impact from the stronger Mexican peso; foreign exchange losses; gains on the sale of fixed assets arising from the transfer of the Singapore plant, and other factors
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders received and order backlogImpairment lossMaterial subsequent events

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.

Net sales increased as sales to the automotive, medical equipment, precision equipment and aircraft sectors, among others, remained strong. Operating profit was affected by higher raw material costs in Japan, reciprocal tariffs in the Americas and the stronger Mexican peso, while ordinary profit declined due to foreign exchange losses arising from currency fluctuations and other factors. Interim net income attributable to owners of the parent increased due to gains on the sale of fixed assets arising from the transfer of the Singapore plant and other factors.

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