Strong Performance Leads to an Upward Revision of the Annual Dividend Forecast to 76 Yen

In the first half of this fiscal year, driven by growing demand in the SS (Sensing Solutions) and IA (Industrial Automation) businesses, increased sales of high value-added products, and the effects of the weak yen, consolidated net sales increased 36.7 billion yen (up 21% year on year) and operating profit rose to 5.5 billion yen (up 51% year on year), resulting in significant increases in both net sales and profit. In the SS business, sales of security-related products for large-scale critical facilities, including data centers, increased. In the IA business, capital expenditure demand recovered, particularly in the semiconductor, electrical, and electronic components industries, and sales of factory automation (FA) and inspection lighting-related products remained strong.

Based on these first-half performance trends, we have revised our full-year earnings forecast upward. Although concerns remain regarding the impact of component procurement difficulties and rising raw material prices in the second half of the fiscal year, we aim to expand sales of high value-added products by strengthening our solutions-oriented business, with the goal of achieving record-high net sales of 73.3 billion yen and operating profit of 10.5 billion yen.

Regarding shareholder returns, we have set the interim dividend at 38 yen and raised the annual dividend forecast to 76 yen. We will continue to strive to enhance our stable and continuous shareholder returns.