Summary of Financial Results (Japan GAAP)[Consolidated]
For the First Quarter of Fiscal Year Ending March 31,2025
August 2,2024
Company name:
Stock exchange listing:Stock code:
Representative:

IDEC CORPORATIONURL http://jp.idec.com/
Tokyo Stock Exchange - Prime Market
6652
Toshiyuki Funaki, Chairman and Chief Executive Officer

Contact:
Yasuyuki Ogawa, General Manager of strategic Planning(Tel.+81-06-6398-2500)
Scheduled date for dividend payment: Preparation of supplementary material on financial results: Yes
Holding of financial results briefing:1.

Yes (for analysts)(Amounts less than one million yen are omitted.)
Consolidated financial results for the three months ended June 30, 2024(From April 1 to June 30, 2024)(1) Consolidated operating results(Percentages indicate year-on-year changes.)
Net sales

Three months ended

Profit attributableto owners of parent

Ordinary profit

Millions ofyen%Millions ofyen%Millions ofyen%Millions ofyen%

15,962
18,180(12.2)
(9.8)

272
1,665

(83.6)(47.2)

494
2,022(75.6)(43.2)

300
1,467(79.5)(42.6)

June 30, 2024
June 30, 2023
(Note) Comprehensive income:Three months ended
June 30, 2024
June 30, 2023

Operating profit

3,263 million yen
5,591 million yen

Three months ended June 30,2024
Three months ended June 30,2023

Basic earnings
per share
Yen
10.21
50.16

(41.6%)
11.2%

Diluted earnings
per share
Yen
10.19
49.91

(2) Consolidated financial position
Total assets
Millions of yen
As ofJune 30, 2024
108,091
March 31, 2024
107,138

Net assets
Millions of yen

67,46966,006(Reference) Shareholders' equity: As of June 30,2024
As of March 31,2024

Shareholder's equity ratio
%
62.0
61.2

66,977 million yen
65,551 million yen

2. Dividends
End offirst quarter
Yen
Fiscal year ended
March 31, 2024
Fiscal year ended
March 31, 2025
Fiscal year ending
March 31, 2025(Forecast)-

Dividends per share
End of
End of
End ofsecond quarter
third quarterfiscal year
Yen
Yen
Yen

Annual(Total)
Yen

65.00

-

65.00

130.00

65.00

-

65.00

130.00-(Note) Changes in the forecasted cash dividends in this quarter: None

3. Forecast of consolidated results for the fiscal year ending March 31, 2025
(From April 1, 2024 to March 31, 2025)(Percentages indicate changes from the previous year.)
Profit attributable
Net income
Net sales
Operating profit
Ordinary profit
to owners of parent
per share
Millions ofyen%Millions ofyen%Millions ofyenFull year
71,700(1.4)
5,200(17.1)
5,200(Note)Revisions of the forecast most recently announced: None%

Millions of
yen

%

Yen

(24.9)

4,000

(9.2)

136.23* Notes(1) Significant changes in the scope of consolidation during the period under review: None
New: - company (company name) -, Excluded: - company (company name) (2) Applying of specific accounting of the consolidated quarterly financial statements: Yes(3) Changes in accounting policies, accounting estimates and retrospective restatements(a) Changes in accounting policies based on revisions of accounting standards: None(b) Changes in accounting policies other than ones based on revisions of accounting standards: None(c) Changes in accounting estimates: None(d) Retrospective restatements: None
(4) Number of issued and outstanding shares (common shares)(a) Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2024

33,224,485 shares

As of March 31, 2024

33,224,485 shares(b) Number of treasury shares at the end of the period
As of June 30, 2024

3,758,672 shares

As of March 31, 2024

3,789,485 shares

Three months ended June 30, 2023

29,264,116 shares(c) Average number of shares during the period
Three months ended June 30, 2024

29,448,072 shares* Review of accompanying quarterly consolidated financial statements by certified public accountants or
auditing firms: None

* Proper use of earnings forecasts, and other special matters
The forecasts included in this documents are based on the information that the Company has obtained at
the time of disclosure.
Actual results may differ significantly from the forecast due to a various factors in the future.
* This document has been translated from the Japanese original for reference purposes only. In the event ofany discrepancy between this translated document and the Japanese original, the original shall prevail.

List of Attachments
1. Overview of business performance, etc.……………………………………………………………………………

2(1)Overview of business results for this quarter ………………………………………………………………

2(2)Overview of financial position for this quarter ……………………………………………………………

4(3)Explanation of future forecast information such as consolidated financial results forecasts …

4

2. Consolidated Quarterly Financial Statements ……………………………………………………………………

5(1)Consolidated Quarterly Balance Sheets …………………………………………………………………………
(2)Consolidated Quarterly Statements of Income and Consolidated Quarterly Statements ofComprehensive Income ………………………………………………………………………………………………
(3)Notes on the Consolidated Quarterly Financial Statements…………………………………………………

5[Notes - Uncertainties of entity's ability to continue as going concern] …………………………

9[Notes - When there are significant changes in amounts of equity]……………………………………

9[Notes - Accounting treatments specific to quarterly financial statements] ………………………

9[Notes - Quarterly consolidated statement of cash flows] ………………………………………………

9[Notes - Segment information, etc.]……………………………………………………………………………

10

3. Supplementary Information ……………………………………………………………………………………………

11(1)Summary of consolidated performance ……………………………………………………………………………

11(2)Net sales by products ………………………………………………………………………………………………

11(3)Net sales by regions

11………………………………………………………………………………………………

7
9(4)Orders received and orders backlog……………………………………………………………………………

12(5)Consolidated statement of cash flows…………………………………………………………………………

12(6)Capital expenditure …………………………………………………………………………………………………

12(7)Depreciation and amortization expense …………………………………………………………………………

12(8)R&D expense ……………………………………………………………………………………………………………

12

- 1 -

１. Overview of business performance, etc.
(1) Overview of business results for this quarter
During the first quarter under review, the Japanese economy showed a moderate recovery trend given
the improved employment and income environment and an increase in inbound tourism. On the other hand,the outlook remains uncertain in light of factors such as soaring raw materials prices due to surging
resource prices and a weakening yen, the impact of continued high interest rates in Europe and the
U.S., and downside risks associated with the stagnant real estate market in China.
The Group announced that it will revise its medium-term management plan in May 2024 in order totransform into a highly profitable business structure by promoting fundamental reforms globally. We
will announce details at a later date, but we are promoting structural reforms aimed at new growth.
Under these circumstances, the Group saw domestic net sales decrease by 1,744 million yen year on
year to hit 4,937 million yen (down 26.1% year on year), mainly due to the impact of distributors’
inventory adjustments continuing from last year. Overseas net sales declined 473 million yen year on
year to reach 11,025 million yen (down 4.1% year on year) mainly as a result of a decrease in sales
caused by distributors’ inventory adjustments continuing from last year as with domestic net sales
although net sales increased in some regions due to the weaker yen. As a result, consolidated net sales
for the first quarter under review totaled 15,962 million yen (down 12.2% year on year).
In terms of profit, operating income decreased 1,392 million yen year on year to total 272 million
yen (down 83.6% year on year) due to a decrease in profit resulting from a drop in revenue. Ordinary
income fell 1,528 million yen year on year to 494 million yen (down 75.6% year on year), and net income
attributable to owners of the parent decreased 1,167 million yen year on year to hit 300 million yen(down 79.5% year on year).
The above results for the first quarter under review are as shown below.
Three months ended
Three months ended
June 30, 2023
June 30, 2024
Net sales
18,18015,962(Millions of yen)
Gross profit
7,900
6,861
(Millions of yen)increase/decrease

Rate of
Change(2,218)(12.2%)(1,039)(13.2%)

Gross income margin(%)

43.5

43.0

(0.5)

-

Operating profit(Millions of yen)

1,665

272

(1,392)(83.6%)

9.2

1.7

(7.5)

-

2,022

494

(1,528)(75.6%)

1,467

300

(1,167)(79.5%)

Average exchange rate for USD

137.49155.86+18.37-

Average exchange rate for EUR

149.58167.84+18.26-

Average exchange rate for CNY

19.56

21.47

+1.91

-

Operating income margin(%)
Ordinary profit(Millions of yen)
Profit attributable to owners ofparent(Millions of yen)
(Exchange Rate)

Results by segment for the first quarter under review are as follows.
【Japan】
In Japan, net sales decreased 2,062 million yen year on year to hit 5,673 million yen (down 26.7% year
on year), and operating loss totaled 457 million yen (operating income of 672 million yen in the same
period of the previous fiscal year). This was due in part to a sense of stagnation in key industries
such as robotics and machine tools, and distributors’ inventory adjustments.

- 2 -【Americas】
In North America, although distributors’ inventory that was in excess at the end of the previous
fiscal year settled down at a certain level and orders were getting on a track to recovery, compared tothe same period of the previous fiscal year when backlog of orders were cleared, net sales decreased 169
million yen year on year to reach 3,506 million yen (down 4.6% year on year). Operating income decreased
14 million yen year on year to 341 million yen (down 4.2% year on year).
【Europe, Middle East and Africa(EMEA)】
Net sales in the European market fell year on year in local currency terms due to weak demand in majorindustries, but in yen terms, net sales increased 274 million yen year on year to total 4,091 million
yen (up 7.2% year on year) due to the weak yen against euro. Although the gross profit margin improved
due to a better model mix and the effect of price hikes, the decrease in sales in local currency terms
resulted in an operating loss of 62 million yen (operating income of 193 million yen in the same periodof the previous year).
【Asia Pacific】
In the Asia-Pacific region, net sales decreased 260 million yen year on year to total 2,690 million
yen (down 8.8% year on year), and operating income dropped 254 million yen year on year to hit 196
million yen (down 56.4% year on year) due to the impact of the economic slowdown in China and Southeast
Asia.
Net sales by product category for the first quarter under review are as follows.
【HMI】
Net sales decreased 445 million yen year on year to reach 8,149 million yen (down 5.2% year on year) as
a result of distributors’ inventory adjustments for our mainstay switches and programmable displays inJapan, the Americas, and the Asia-Pacific region.
*This product category includes control switches, joysticks, indicator lights, and programmable displays,
which are key human-machine interfaces (HMIs).
【Industrial relays & components】
Net sales were down 415 million yen year on year to hit 2,533 million yen (down 14.1% year on year) as
a result of a decrease in sales of industrial relays in the Asia-Pacific region, our key market, due tothe economic slowdown particularly in the Chinese market and continuing distributors’ inventory
adjustments.
*This product category includes switching power supplies, terminal blocks, control relays/sockets, andcircuit protectors, which are built into control panels for controlling and operating machines andproduction lines and are used as the basis for control parts of machines and equipment.
【Automation & sensing】
Net sales decreased 269 million yen year on year to reach 2,071 million yen (down 11.5% year on year)
as a result of decreased new orders particularly in Japan and the Americas as most of backlog of orders
for programmable logic controllers were cleared and products were delivered to customers thanks to theimproved delivery time for electronic components in the previous fiscal year.
*This product category includes products designed to contribute to the automation of equipment used in awide range of industrial and consumer applications, programmable controllers, which act as the brainsof machines and equipment, and automatic identification devices, which are used in retail, logistics,
and various other areas.

- 3 -【Safety & explosion protection】
Net sales fell 753 million yen year on year to total 2,350 million yen (down 24.3% year on year) due toa downturn in sales of safety components as distributors’ inventory adjustments continued and demand
kept decreasing in major industries such as semiconductors and machine tools in Japan and the Asia-Pacificregion, particularly in the Chinese market.
*This product category includes safety components, such as emergency stop pushbutton switches, safetyswitches, and enabling devices, which protect the safety of industrial sites, as well as explosionprotection devices that prevent accidents at sites where explosive gases exist, such as oil and chemicalplants.
【Systems】
Net sales dropped 196 million yen year on year to reach 714 million yen (down 21.6% year on year) due
to a decrease in sales of control panels for semiconductor manufacturing facilities, logistics facilities,
etc. in the Asia-Pacific region.
*This product category includes various systems custom-made with IDEC products according to customer needs
as well as collaborative robot system solutions that combine safety components and safety technologies
to create optimal systems.
【Others】
Net sales fell 137 million yen year on year to total 142 million yen (down 49.1% year on year) as aresult of a decrease in demand for other related products in Japan.
*This product category includes mega-solar and photovoltaic power generation power management systems(renewable energy business), which are being researched for application in a wide range of fields.
(2) Overview of financial position for this quarter(Assets, liabilities, and net assets）
Total assets at the end of the first quarter under review came to 108,091 million yen, an increase of
952 million yen since the end of the previous fiscal year. This uptick was mainly due to an increase of
1,206 million yen in property, plant and equipment and intangible assets, an increase of 831 million yen
in inventories, and an increase of 760 million yen in cash and deposits, despite a decrease of 2,222
million yen in trade receivables.
Liabilities decreased 510 million yen from the end of the previous fiscal year to total 40,622 million
yen. This fall was mainly due to a decrease of 1,319 million yen in borrowings, despite an increase of
446 million yen in contract liabilities, an increase of 295 million yen in trade payables, and anincrease of 105 million yen in lease liabilities.
Net assets increased 1,462 million yen from the end of the previous fiscal year to reach 67,469 million
yen mainly due to an increase of 2,911 million yen in foreign currency translation adjustments, despitea decrease of 1,612 million yen in retained earnings.
(3) Explanation of future forecast information such as consolidated financial results forecasts
There is no change to the consolidated earnings forecast for the fiscal year ending March 2025, which
was announced in the "Consolidated Financial Results for the Fiscal Year Ended March 31, 2024" dated
May 10, 2024.

- 4 -2. Consolidated Quarterly Financial Statements(1)Consolidated Quarterly Balance Sheets(Millions of yen)
As of March 31, 2024
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade,and contract assets
Electronically recorded monetary claims operating
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
Tools, furniture and fixtures, net
Land
Leased assets, net
Right-of-use assets, net
Construction in progress
Total property, plant and equipment
Intangible assets
Trademark right
Customer-related intangible assets
Software
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Retirement benefit asset
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets- 5 -As of June 30, 2024

17,62818,38812,716

10,763928

659

13,000
1,919
6,559
2,203
(35)
54,921

13,690
1,907
6,714
2,455
(36)
54,541

9,668
3,932
1,798
5,958
142
1,749
752
24,000

9,682
3,982
1,896
6,008
214
1,770
690
24,245

2,534
7,965
1,602
12,284
1,123
25,511

2,624
8,233
1,746
12,7081,160
26,473

489
399
1,201
646
(31)
2,704
52,217
107,138

493
401
1,321
638
(24)
2,830
53,549108,024

(Millions of yen)
As of March 31, 2024
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations operating
Short-term borrowings
Current portion of long-term borrowings
Lease liabilities
Accounts payable - otherAccrued expenses
Income taxes payable
Contract liabilities
Deposits received
Provision for product warranties
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Lease liabilities
Deferred tax liabilities
Provision for retirement benefits for
directors (and other officers)
Retirement benefit liability
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-forsale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive
incomeShare acquisition rights
Total net assets
Total liabilities and net assets- 6 -As of June 30, 2024

3,792

4,090

537

534

7,000
6,073
566
852
2,430
505
477
165
40
1,388
23,830

6,650
3,455
611
748
2,291
490
924
207
45
1,483
21,533

10,183
1,418
3,026

11,832
1,479
3,129

56

30

1,485
116
1,014
17,301
41,132

1,479
117
1,019
19,08840,622

10,056
9,571
41,077(6,970)53,735

10,056
9,593
39,464(6,916)52,198(16)

17

11,80130

14,712
49

11,815

14,778455
66,006
107,138491
67,469108,024

(2)Consolidated Quarterly Statements of Income and Consolidated Quarterly Statements of Comprehensive Income(Consolidated Quarterly Statements of Income)(Millions of yen)Three months ended
June 30, 2023
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest and dividend income
Share of profit of entities accounted forusing equity method
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Loss on valuation of derivatives
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Gain on reversal of share acquisition rights
Total extraordinary income
Extraordinary losses
Loss on sale of non-current assets
Loss on abandonment of non-current assets
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to owners of parent- 7 -Three months ended
June 30, 2024

18,18010,279
7,900
6,235
1,665

15,962
9,100
6,861
6,589
272

34

35

40

29

581
90
745

374
54
495

30
289
68
388
2,022

41
148
82
273
494

3
62
3
70

3
1
4

0
0
1
2,091
483
139
623
1,467
1,467

0
1
1
497
337
(141)
196
300
300

(Consolidated Quarterly Statements of Comprehensive Income)(Millions of yen)Three months ended
June 30, 2023
ProfitOther comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Remeasurements of defined benefit plans,
net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to ownersof parent- 8 -Three months ended
June 30, 2024

1,467

300

(43)

33

4,169

2,911

(1)

18

4,123
5,591

2,963
3,263

5,591

3,263

(3) Notes on the Consolidated Quarterly Financial Statements[Notes - Uncertainties of entity's ability to continue as going concern]
No items to report[Notes - When there are significant changes in amounts of equity]
No items to report[Notes - Accounting treatments specific to quarterly financial statements](Calculation of Income tax expense)
Some consolidated subsidiaries have adopted a method for reasonably estimating the effective tax rate
after applying tax effect accounting to profit before income taxes for the fiscal year that includes
the first quarter under review and multiplying quarterly profit before income taxes by this estimatedeffective tax rate.
[Notes - Quarterly consolidated statement of cash flows]
The Company has not prepared the quarterly consolidated statement of cash flows for the first quarter
under review. Depreciation (including amortization related to intangible assets excluding goodwill)
and amortization of goodwill for the first quarter under review are as follows.
(Millions of yen)Three months ended
June 30, 2023

Three months ended
June 30, 2024

946
238

1,019
253

Depreciation
Amortization of goodwill- 9 -[Notes - Segment information, etc.][Segment Information]
ⅠThree months ended June 30, 2023 (From April 1, 2023 to June 30, 2023)
1. Disclosure of sales and profit (loss) for each reportable segment(Millions of yen)
Reportable segments
Japan

Americas

Asia
Pacific

EMEA

Adjustments

Consolidated
total

Total

Net Sales
Revenue from Contracts
with Customers

7,736

3,675

3,817

2,950

18,180-18,180

-

-

-

-

-

-

-

7,736

3,675

3,817

2,950

18,180-18,180

2,076

233

667

2,173

5,151

(5,151)

-

Total

9,813

3,908

4,485

5,124

23,331(5,151)

18,180

Segment profit

672

356

193

450

1,673

(8)

1,665

Other income
Revenues from externalcustomers
Transactions withother segments(Notes)1. Adjustments of segment profit (8) million yen represents intersegment transactions.
2．Segment profit has been adjusted to be consistent with the operating profit reported in
the consolidated statements of income.
3．These are mainly performance obligations that are satisfied at a point in time, but some
performance obligations are satisfied over a period of time.
The amounts recognized as performance obligations satisfied over time are insignificant.
Ⅱ Three months ended June 30, 2024 (From April 1, 2024 to June 30, 2024)
1. Disclosure of sales and profit (loss) for each reportable segment(Millions of yen)
Reportable segments
Japan

Americas

Asia
Pacific

EMEA

Adjustments

Consolidated
total

Total

Net Sales
Revenue from Contracts
with Customers
Other income
Revenues from externalcustomers
Transactions withother segments
Total
Segment profit(loss)

5,673

3,506

4,091

2,690

15,962-

15,962

-

-

-

-

-

-

-

5,673

3,506

4,091

2,690

15,962-

15,962

1,650

214

545

1,329

3,740

(3,740)

-

7,323

3,720

4,637

4,020

19,702(3,740)15,962

(457)

341

(62)

196

18

253

272

(Notes)1. Adjustments of segment profit(loss) 253 million yen represents intersegment transactions.
2．Segment profit(loss) has been adjusted to be consistent with the operating profit reported
in the consolidated statements of income.
3．These are mainly performance obligations that are satisfied at a point in time, but some
performance obligations are satisfied over a period of time.
The amounts recognized as performance obligations satisfied over time are insignificant.

- 10 -

3．Supplementary Information(1)Summary of consolidated performance
Fiscal year ended
March 31, 2024
Firstquarter

YoY

Full year

YoY

First
quarter(Millions of yen, %)Fiscal year ended
March 31, 2025
Full year
YoY
YoY(Forecast)

Net sales

18,18090.2

72,711

86.7

15,96287.8

71,70098.6

Operating profit

1,665

52.8

6,276

44.6

272

16.4

5,200

82.9

Ordinary profit

2,022

56.8

6,920

48.1

494

24.4

5,200

75.1

Profit attributableto owners of parent

1,467

57.4

4,407

43.4

300

20.5

4,000

90.8

(2)Net sales by products
Fiscal year ended
March 31, 2024
Firstquarter

YoY

Full year

YoY

First
quarter(Millions of yen, %)Fiscal year ended
March 31, 2025
Full year
YoY
YoY(Forecast)

HMI

8,594

96.8

33,948

94.9

8,149

94.8

34,700102.2

Industrial relays &components

2,948

73.7

11,629

75.1

2,533

85.9

11,000

94.6

2,341

108.4

9,904

95.9

2,071

88.5

9,900

100.0

3,104

80.8

11,647

71.5

2,350

75.7

11,30097.0

Systems

911

95.8

3,969

81.9

714

78.4

3,200

80.6

Others

280

86.6

1,612

137.3

142

50.9

1,600

99.2

Total

18,18090.2

72,711

86.7

15,96287.8

71,70098.6

Automation &sensing
Safety & explosion
protection(3)Net sales by regions
Fiscal year ended
March 31, 2024
FirstquarterJapan

YoY

Full year

YoY

First
quarter(Millions of yen, %)Fiscal year ended
March 31, 2025
Full year
YoY
YoY(Forecast)

6,681

80.3

26,907

77.9

4,937

73.9

25,20093.7

Americas

3,707

107.2

14,158

90.3

3,572

96.4

-

-

EMEA

3,776

113.9

15,589

115.8

3,977

105.3

-

-

Asia Pacific

4,015

79.3

16,056

79.4

3,474

86.5

-

-

Total Overseas

11,49897.1

45,804

92.8

11,02595.9

46,500

101.5

Total

18,18090.2

72,711

86.7

15,96287.8

71,70098.6

Overseas- 11 -

(4)Orders received and orders backlog
First quarter offiscal year ending March 31,2024
OrdersOrdersYoY
YoY
receivedbacklog(Millions of yen, %)First quarter offiscal year ending March 31,2025
OrdersOrdersYoY
YoY
receivedbacklog

Japan

6,550

59.2

12,329

62.0

6,551

100.0

7,013

56.9

Americas

2,681

55.0

3,863

60.3

3,403

126.9

2,750

71.2

EMEA

4,164

117.1

9,947

133.9

4,136

99.3

8,038

80.8

Asia Pacific

2,257

60.3

3,392

46.9

2,907

128.8

3,205

94.5

Total

15,655

67.4

29,532

72.1

16,999108.6

21,00871.1(5)Consolidated statement of cash flowsFirst
quarter
Cash flows fromoperating activities
Cash flows frominvesting activities
Cash flows fromfinancing activities
Cash and cash
equivalents

Fiscal year ended
March 31, 2024
SecondThird
quarterquarter

FourthquarterFirst
quarter(Millions of yen)
Fiscal year ended
March 31, 2025
SecondThird
FourthQuarterquarterquarter

(414)

2,816

(215)

3,318

4,036

-

-

-

78

(282)

(958)

(760)

(347)

-

-

-

(2,327)

(523)

1,421

(3,033)(3,309)---12,96915,131

15,167

15,04015,957---(6)Capital expenditure
Fiscal year ended
March 31, 2024
Firstquarter
Consolidated

928

YoY
120.2

Full year
2,960

YoY
72.4

First
quarter
854(Millions of yen, %)Fiscal year ended
March 31, 2025
Full year
YoY
YoY(Forecast)
92.0

4,400

148.6

(7)Depreciation and amortization expense
Fiscal year ended
March 31, 2024
Firstquarter
Consolidated

946

YoY
112.5

Full year
3,917

YoY
110.5

First
quarter
1,019(Millions of yen, %)Fiscal year ended
March 31, 2025
Full year
YoY
YoY(Forecast)
107.7

4,200

107.2

(8)R&D expenseFirstquarter
Consolidated

687

Fiscal year ended
March 31, 2024
Sales
Full year
Ratio
3.8

2,796

- 12 -

Sales
Ratio
3.8

First
quarter
755(Millions of yen, %)Fiscal year ended
March 31, 2025
Sales
Full year
Sales
Ratio
(Forecast)
Ratio
4.7

2,800

3.9