Investor Relations Performance Trends
March 2026 term 2Q
The Group entered the second year of its “IKO Medium-term Business Plan 2026 Connect for Growth —The Future of Innovation, Connected by IKO—.” Based on the key themes of focusing on enhancement in areas of strength and rebuilding our global business structure, we have made progress on measures to tackle our key challenges. In addition, to materialize our global strategy aimed at achieving medium- to long-term growth, we reorganized our corporate structure to adopt a divisional system in October of this year.
From a sales perspective, we actively participated in trade exhibitions in Japan and overseas, deepened business relationships with existing customers, and cultivated new markets and customers. At the same time, we added an automatic selection tool for Linear Motion Rolling Guides on our website and strove to offer customers greater convenience.
In terms of product development, we enhanced our lineup of high-value added products that meet customer needs, such as by developing the Lightweight Type Crossed Roller Bearing LCRB, which uses press-formed inner and outer rings, reducing its weight by over 60% compared to conventional products. Furthermore, in August, R&D Center China was established within our sales subsidiary, IKO-THOMPSON (SHANGHAI) LTD. This was done with the aim of further reinforcing our technical development and our ability to rapidly respond to customers in the Chinese market.
From a production standpoint, we advanced the improvement and optimization of the production function of our production bases in Japan and overseas with the aim of achieving a responsive global supply system. In July, we decided to consolidate and reallocate the production functions of the Kamakura Factory, one of our production sites, to Gifu Factory Complex with the aim of supplying products more quickly and stably.
As a result, consolidated net sales for the six months ended September 30, 2025 totaled ¥30,254 million, up 13.3% year on year. On the earnings front, due to some factors such as the effects of the increase in net sales and increase in production volume, operating profit was ¥1,543 million, up 101.3% year on year, ordinary profit was ¥1,776 million, up 167.1% year on year, and profit attributable to owners of parent was ¥1,706 million (compared to loss attributable to owners of parent of ¥511 million in the corresponding period of the previous fiscal year).
Consolidated Balance Sheets
Total assets as of June 30, 2025 totaled \120,523 million, a decrease of \583 million compared with the end of the previous fiscal year. This mainly comprised increases in notes and accounts receivable - trade of \1,107 million and investment securities of \889 million as well as decreases in cash and deposits of \261 million, inventories of \1,544 million, other accounts receivable of ¥515 million, and tangible fixed assets of ¥301 million.
Total liabilities amounted to \44,202 million, a decrease of \832 million compared with the end of the previous fiscal year. This mainly comprised an increase in accrued expenses of \767 million as well as a decrease in long-term borrowings of ¥1,642 million.
Total net assets amounted to ¥76,321 million, an increase of ¥248 million compared with the end of the previous fiscal year. This mainly comprised an increase in valuation difference on available-for-sale securities of ¥608 million as well as a decrease in foreign currency translation adjustments of ¥376 million.
