Overview

During the six months ended June 30, 2026 (January 1 – June 30, 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 six months ended June 30, 2026, showed increase in sales but decrease in profits year on year (YoY).

Performance by Industry Segment

In the Die Castings business, sales were up, while profits declined YoY. Although the production volume weight decreased slightly, net sales increased in both domestic and overseas markets as a result of the reflecting the passing of increased aluminum prices onto selling prices and higher yen-based sales of overseas subsidiaries due to the weaker yen. Because the passing of continuing increases in raw material (aluminum) prices onto selling prices lagged behind, profits declined despite efforts to reduce costs and improve productivity.

In the Builders’ Hardware business, sales and profits were down YoY. Net sales decreased in both domestic and 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 sales and profits were down 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. Profits decreased due to the impact of the lower sales.

Forecasts for the Fiscal Year Ending December 31, 2026

As of August 5, 2026

Forecasts of consolidated financial results for the fiscal year ending December 31, 2026, have been revised from those announced on February 12, 2026 (at the time of the announcement of consolidated financial results for the fiscal year ended December 31, 2025), as follows.

Net sales are expected to exceed the previous forecast, although production volume is expected to be slightly lower than assumed in the previous forecast. This reflects progress in passing increased raw material (aluminum) prices onto selling prices in the Die Castings business and higher yen-based sales of overseas subsidiaries due to the weaker yen.

Operating income, ordinary income, and net income attributable to owners of parent are expected to be generally in line with the previous forecast for the second half of the fiscal year. However, because operating results for the first half of the fiscal year exceeded the previous forecast, the forecasts for each of these items have been revised.