Consolidated Operating Results for the First Three Months
of the Fiscal Year Ending December 31, 2026
Overview
During the three months ended March 31, 2026 (from January 1 to March 31, 2026), the business environment surrounding the Group remained uncertain due to factors such as soaring resource and energy prices and the impact of trade policies in various countries.
Under these conditions, the Group actively promoted sales activities and made progress on various measures, including measures intended to lower costs, improve productivity, and improve business efficiency.
Consequently, the financial results for the three months ended March 31, 2026, showed a decrease in sales but an increase in profits YoY. Net income attributable to owners of parent increased significantly, due in part to the recognition of gain on sale of investment securities resulting from the sale of cross-shareholdings.
Consolidated Financial Results
| Three months ended March 31, 2025 |
Three months ended March 31, 2026 |
Change | ||||
|---|---|---|---|---|---|---|
| Millions of yen | % of net sales | Millions of yen | % of net sales | Millions of yen | % | |
| Net sales | 78,012 | 75,939 | -2,072 | (-2.7%) | ||
| Operating income | 2,787 | (3.6%) | 2,901 | (3.8%) | 114 | (4.1%) |
| Ordinary income | 2,465 | (3.2%) | 2,841 | (3.7%) | 376 | (15.3%) |
| Net income attributable to owners of parent | 1,750 | (2.2%) | 2,706 | (3.6%) | 955 | (54.6%) |
Performance by Industry Segment
In the Die Castings business, net sales and income increased compared to the same period of the previous fiscal year. Although the production volume weight remained almost flat, sales increased YoY, reflecting the passing of increased aluminum prices onto selling prices and higher yen-based sales of overseas subsidiaries due to the weaker yen. Meanwhile, net sales increased in Japan but decreased overseas chiefly owing to a decline in the Americas. Profits increased mainly due to lower costs and improved productivity, as well as to progress in passing increased labor costs and energy prices onto selling prices.
In the Builders' Hardware business, both net sales and income decreased YoY. Net sales increased in the domestic markets while decreased in overseas markets. Profits decreased due to higher procurement costs reflecting the stronger Chinese yuan, despite our efforts to reduce costs and cut back on expenses.
In the Printing Equipment business, both net sales and income decreased YoY. Net sales decreased in both domestic and overseas markets, affected by a decline in appetite for capital investment due to uncertainty about the future. Regarding profits, income decreased due to the impact of the lower sales.
Net Sales by Industry Segment
| Three months ended March 31, 2025 |
Three months ended March 31, 2026 |
Change | ||||
|---|---|---|---|---|---|---|
| Millions of yen | % of consolidated net sales | Millions of yen | % of consolidated net sales | Millions of yen | % | |
| Die Castings | 67,870 | (87.0%) | 69,328 | (91.3%) | 1,457 | (2.1%) |
| Builders' Hardware | 2,730 | (3.5%) | 2,556 | (3.4%) | -173 | (-6.4%) |
| Printing Equipment | 7,377 | (9.5%) | 4,011 | (5.3%) | -3,365 | (-45.6%) |
Operating Income by Industry Segment
| Three months ended March 31, 2025 |
Three months ended March 31, 2026 |
Change | ||||
|---|---|---|---|---|---|---|
| Millions of yen | % of segment net sales | Millions of yen | % of segment net sales | Millions of yen | % | |
| Die Castings | 2,246 | (3.3%) | 2,911 | (4.2%) | 665 | (29.6%) |
| Builders' Hardware | -12 | (-0.5%) | -45 | (-1.8%) | -32 | (—) |
| Printing Equipment | 582 | (7.9%) | 59 | (1.5%) | -523 | (-89.8%) |
- Consolidated Financial Statements for the First Three Months of Fiscal 2026 <PDF 332KB>
- Consolidated Financial Summary for the First Three Months of Fiscal 2026 <PDF 524KB>
Forecasts for the Fiscal Year Ending December 31, 2026
As of May 12, 2026
Forecasts of consolidated financial results for the fiscal year ending December 31, 2026 remains unchanged from those announced on February 12, 2026 (during the announcement of financial results for the fiscal year ended December 31, 2025).
Consolidated Performance Forecast for the Full Fiscal Year Ending December 31, 2026
| Fiscal year ended December 31, 2025 |
Fiscal year ending December 31, 2026 |
Change | ||||
|---|---|---|---|---|---|---|
| Millions of yen | % of net sales | Millions of yen | % of net sales | Millions of yen | % | |
| Net sales | 309,111 | 313,000 | 3,888 | (1.3%) | ||
| Operating income | 12,665 | (4.1%) | 12,800 | (4.1%) | 134 | (1.1%) |
| Ordinary income | 14,620 | (4.7%) | 13,300 | (4.2%) | -1,320 | (-9.0%) |
| Net income attributable to owners of parent | 11,182 | (3.6%) | 11,500 | (3.7%) | 317 | (2.8%) |
Net Sales by Industry Segment
| Fiscal year ended December 31, 2025 |
Fiscal year ending December 31, 2026 |
Change | ||||
|---|---|---|---|---|---|---|
| Millions of yen | % of consolidated net sales | Millions of yen | % of consolidated net sales | Millions of yen | % | |
| Die Castings | 274,310 | (88.7%) | 280,000 | (89.4%) | 5,689 | (2.1%) |
| Builders' Hardware | 10,874 | (3.5%) | 11,500 | (3.7%) | 625 | (5.8%) |
| Printing Equipment | 23,667 | (7.7%) | 21,500 | (6.9%) | -2,167 | (-9.2%) |
Operating Income by Industry Segment
| Fiscal year ended December 31, 2025 |
Fiscal year ending December 31, 2026 |
Change | ||||
|---|---|---|---|---|---|---|
| Millions of yen | % of segment net sales | Millions of yen | % of segment net sales | Millions of yen | % | |
| Die Castings | 11,257 | (4.1%) | 12,300 | (4.4%) | 1,042 | (9.3%) |
| Builders' Hardware | 119 | (1.1%) | 200 | (1.7%) | 80 | (67.2%) |
| Printing Equipment | 1,321 | (5.6%) | 300 | (1.4%) | -1,021 | (-77.3%) |
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