Overview

During the fiscal year under review, prospects in the business environment in which the Group operates remained uncertain for various reasons, including the impact of trade policies 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 various measures, including measures intended to lower costs, improve productivity, and improve business efficiency.

Consequently, the financial results for the fiscal year under review showed growth in sales and profit from the previous fiscal year. Net income attributable to owners of parent increased significantly, partly due to the recording of gains on the sale of cross-held shares.

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, as well as the impact of raw material (aluminum) prices. 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 decreased in both domestic and overseas markets. Profits were increased due to improved productivity, as well as contribution from the manufacturing subsidiary in China, which was acquired last year.

In the Printing Equipment business, sales decreased YoY, while profits increased. Net Sales decreased in domestic markets while increased in overseas markets. Despite rising raw material costs, profits increased due to factors such as improved productivity.

Forecasts for the Fiscal Year Ending December 31, 2026

As of February 12, 2026

Despite concerns such as the impact of trade policies in various countries, the Japanese economy is expected to maintain a path of moderate recovery, thanks in part to employment and income environment and the effects of various policies.

Under these circumstances, we currently anticipate, as follows, higher sales for the fiscal year ending December 2026 than for the fiscal year under review, with operating income also expected to increase. However, ordinary income is expected to decrease due to a decline in foreign exchange gains, subsidy income, and other factors. Net income attributable to owners of parent is expected to increase, reflecting the continued sale of cross-held shares.

The assumed exchange rates are 150 yen to the U.S. dollar, 200 yen to the British pound, 21 yen to the Chinese yuan, and 4.7 yen to the Thai baht.

The outlook for full-year operating results by segment for the next fiscal year is as follows.

Sales in the Die Castings business are expected to increase in Japan due mainly to progress in launching new products, while decreasing overseas. Thanks to the effect of higher sales, profits are also expected to increase.

Sales in the Builders’ Hardware business are expected to increase both in Japan and overseas. Profits are expected to increase due to higher revenue.

Sales in the Printing Equipment business are expected to decline domestically, while remaining flat overseas. Profits are expected to decrease due to lower revenue.