We would like to express our sincere appreciation for your continued support.

For the fiscal year ending March 2026, net sales increased by 4.2% YoY, to 2,662.6 billion yen, because transaction volume mainly represented by Primary Metal business and Overseas Sales Subsidiaries increased. Operating profit decreased by 5.0% YoY, to 58.4 billion yen, mainly due to the deterioration in the profitability of the Metal Recycling business and increased personnel expenses. Ordinary profit decreased by 12.5% YoY, to 52.2 billion yen and net profit attributable to owners of the parent decreased by 15.9% YoY, to 38.2 billion yen.

Regarding year-end dividends, a dividend of 165 yen per share was approved at the Ordinary General Meeting of Shareholders held on June 26, 2026. As a result, the annual dividend per share for the fiscal year ending March 2026, including the interim dividend of 125 yen per share already paid, amounts to 290 yen.

On May 12, 2026, the Group formulated the “Medium-Term Business Plan 2028,” covering the three-year period from fiscal 2026 to fiscal 2028. This plan is built on the following basic policies: shifting toward proactive business investments that enable non-linear growth, strengthening human capital, and refining and restructuring of the business portfolio. Leveraging the cash generation capacity cultivated in our domestic operations, we will enhance resource allocation to growth markets and thereby achieve sustainable global growth.

Going forward, we will execute our business strategy and capital policies in an integrated manner under the Medium-Term Business Plan, aiming to achieve sustainable growth and further enhance the overall corporate value of the Group. We will make every effort to meet the expectations of our shareholders and investors, and we sincerely ask for your continued understanding and support.