Latest Results and Forecasts

Consolidated Operating Results for the First Nine Months
of the Fiscal Year Ending September 30, 2025

Overview

During the Nine months ended September 30, 2025 (January 1–September 30, 2025), prospects in the business environment in which the Group operates remained uncertain for various reasons, including the impact of trade policy in various countries, concerns about a slowdown in the global economy, volatile foreign exchange rates, and the continued high cost of resources and energy.

Under these conditions, the Group actively promoted sales activities and made progress on measures, including measures intended to lower costs, improve productivity, and improve business efficiency.

Consequently, the financial results for the nine months ended September 30, 2025, showed growth in sales and profits YoY.

Consolidated Financial Results

  Nine months ended
September 30, 2024
Nine months ended
September 30, 2025
Change
Millions of yen % of net sales Millions of yen % of net sales Millions of yen %
Net sales 215,219   227,790   12,570 5.8%
Operating income 6,055 2.8% 8,044 3.5% 1,989 32.8%
Ordinary income 7,251 3.4% 8,260 3.6% 1,009 13.9%
Net income attributable to owners of parent 5,511 2.6% 5,784 2.5% 272 5.0%

Performance by Industry Segment

Both sales and profits in the Die Castings business were up year on year (YoY). Net sales increased in both domestic and overseas markets as the production volume (weight) within the Group increased due to the recovery in automobile production. The increase in revenue offset the increase in fixed costs, resulting in an increase in profits.

In the Builders’ Hardware business, sales decreased YoY, while profits increased. Net sales increased in the domestic markets while decreased in overseas markets. Profits were increased due to improved productivity, as well as contribution from the China manufacturing subsidiary, which was acquired last year.

In the Printing Equipment business, both sales and profits were up YoY. Net Sales increased in overseas markets while decreased in domestic markets. Growth in sales boosted profits, despite the impact of rising raw material costs.

Net Sales by Industry Segment

Nine months ended
September 30, 2024
Nine months ended
September 30, 2025
Change
Millions of yen % of consolidated net sales Millions of yen % of consolidated net sales Millions of yen %
Die Castings 190,482 88.5% 201,770 88.6% 11,287 5.9%
Builders' Hardware 7,957 3.7% 7,953 3.5% -4 -0.1%
Printing Equipment 16,605 7.7% 17,884 7.9% 1,279 7.7%

Operating Income by Industry Segment

  Nine months ended
September 30, 2024
Nine months ended
September 30, 2025
Change
Millions of yen % of segment net sales Millions of yen % of segment net sales Millions of yen %
Die Castings 6,149 3.2% 7,289 3.6% 1,139 18.5%
Builders' Hardware -312 -3.9% 18 0.2% 331
Printing Equipment 236 1.4% 769 4.3% 533 225.8%

Forecasts for the Fiscal Year Ending December 31, 2025

As of November 6, 2025

Forecasts of consolidated financial results for the fiscal year ending December 31, 2025 remains unchanged from those announced on February 13, 2025 (during the announcement of financial results for the fiscal year ended December 31, 2024).

Consolidated Performance Forecast for the Full Fiscal Year Ending December 31, 2025

  Fiscal year ended
December 31, 2024
Fiscal year ending
December 31, 2025
Change
Millions of yen % of net sales Millions of yen % of net sales Millions of yen %
Net sales 293,314   305,000   11,685 4.0%
Operating income 9,494 3.2% 11,700 3.8% 2,205 23.2%
Ordinary income 11,551 3.9% 12,000 3.9% 448 3.9%
Net income attributable to owners of parent 6,935 2.4% 9,000 3.0% 2,064 29.8%

Net Sales by Industry Segment

Fiscal year ended
December 31, 2024
Fiscal year ending
December 31, 2025
Change
Millions of yen % of consolidated net sales Millions of yen % of consolidated net sales Millions of yen %
Die Castings 257,909 87.9% 270,000 88.5% 12,090 4.7%
Builders' Hardware 11,040 3.8% 11,000 3.6% -40 -0.4%
Printing Equipment 24,120 8.2% 24,000 7.9% -120 -0.5%

Operating Income by Industry Segment

  Fiscal year ended
December 31, 2024
Fiscal year ending
December 31, 2025
Change
Millions of yen % of segment net sales Millions of yen % of segment net sales Millions of yen %
Die Castings 8,994 3.5% 11,000 4.1% 2,005 22.3%
Builders' Hardware -413 -3.7% 200 1.8% 613
Printing Equipment 934 3.9% 500 2.1% -434 -46.5%

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