Message from the President
For the six months ended September 30, 2025, we reported net sales of 150.7 billion yen, operating profit of 6.3 billion yen, ordinary profit of 6.2 billion yen, and net income attributable to owners of the parent company of 3.0 billion yen.
The business environment surrounding our company continues to be extremely severe and uncertain due to factors such as tariff policy, sluggish sales at our main business partners, and rapid electrification in the automobile industry. However, as for our consolidated financial results for the semi-annual period, operating profit, ordinary profit, and net income were all higher than the same period a year ago, despite a decline in net sales. I firmly believe that this result proves that the efforts that have been made by our corporate group as a whole to reform the earnings structure are steadily showing positive outcomes.
However, we recently revised our business results forecast for the full period of fiscal 2025.
As for our clients’ sales and production situations in fiscal 2025, sales in the Americas have been brisk. Thanks to this and other factors, we expect that net sales, operating profit, and ordinary profit will be higher than the previous forecast.
On the other hand, continuing from the previous fiscal year, we expect to incur additional costs and losses to restructure our business operations in China; furthermore, some of our subsidiaries in Europe may incur losses. Due to these reasons, we expect to incur an extraordinary loss of about 8.0 billion yen, and therefore, net income attributable to owners of the parent company is expected to be lower than the previous forecast.
Despite these circumstances, since our company believes that steadily returning profits to shareholders is one of our highest priorities, we have determined to pay dividends as initially planned, after comprehensively considering current earnings and future business plans.
Our current business environment in Japan and China is severe, but we are building optimal production structures in Japan and China, with the aim of improving earnings. In addition, to expand earnings in the future, we are adding value to our existing products by further enriching fundamental core technologies, and we are also promoting strategic technology development, with a view to developing new products and sectors in the future.
Our company strongly believes that we should “provide value that can contribute to society,” and we will achieve our goals of improving and increasing earnings, with a strong will to “get it done no matter what,” without questioning “whether we can or cannot.”
We look forward to your continued support and encouragement.
December, 2025
