(million yen)
2021 2022 2023 2024 2025 2026
FY 199,727205,129206,603221,986225,424-
3Q 137,046148,078144,557156,169158,476164,013
2Q 87,240102,34394,349103,536102,784108,120
1Q 38,46147,18244,36348,72846,22750,020

2026 3Q (9 months) ended December 31, 2025

Overall sales increased 3.5% over the same period of the previous fiscal year. In Japan, the Company concentrated on enhancing sales activities which match each market; the acute care hospital market, the small and mid-sized hospital market, and the clinic market. The Company also focused on strengthening its marketing and service capabilities, creating customer value which contributed to improving medical safety, patient outcomes, and operating efficiency. Because capital expenditure in hospitals was cautious, domestic sales decreased, while the Company focused on strengthening its consumables and services business. Sales of Patient Monitors and Treatment Equipment decreased, while sales of Physiological Measuring Equipment and Other Medical Equipment increased. Internationally, sales achieved double-digit growth, because sales in North America, Europe, and Asia & Other increased favorably. Overseas sales also increased favorably on a comparable basis excluding the currency effect and the impact of the consolidation of Ad-Tech. Sales of Physiological Measuring Equipment and Treatment Equipment increased significantly. Sales of Patient Monitors and Other Medical Equipment decreased.

(million yen)
2021 2022 2023 2024 2025 2026
FY 27,09430,99221,12019,59120,713-
3Q 15,58623,31611,37710,51510,9359,134
2Q 8,75817,4147,2177,4915,1146,741
1Q 1,8316,4231,8172,205-1,2481,400

2026 3Q (9 months) ended December 31, 2025

Operating income decreased 16.5%, as domestic sales decreased and SG&A expenses increased due to wage increases and R&D investment.

(million yen)
2021 2022 2023 2024 2025 2026
FY 28,37434,56324,12225,58920,373-
3Q 14,69724,67713,93713,25813,50611,882
2Q 8,21517,99013,01912,5462,1396,732
1Q 1,5816,7435,4815,7941,674473

2026 3Q (9 months) ended December 31, 2025

Ordinary income decreased 12.0%.

(million yen)
2021 2022 2023 2024 2025 2026
FY 18,24323,43517,11017,02614,098-
3Q 8,88216,9118,8607,9268,1376,408
2Q 5,82612,2948,5417,9974634,524
1Q 1,0604,5373,6793,787766137

2026 3Q (9 months) ended December 31, 2025

Income attributable to owners of parent decreased 21.2%, as extra payments for early retirements were recorded as extraordinary losses.

(yen)
2021 2022 2023 2024 2025 2026
FY 214.21276.51203.28101.2384.88-
3Q 104.30199.36105.2547.1048.7739.31
2Q 68.42144.85101.4347.532.7627.74
1Q 12.4653.3843.6622.514.570.84

* Effective July 1, 2024, each share of common stock was split into two shares. Net income per share is calculated on the assumption that the stock split was implemented at the beginning of FY ended March 31, 2024.

(million yen)
2021 2022 2023 2024 2025 2026
FY 193,030210,201216,728233,233258,276-
3Q 170,521191,981206,011215,788246,286246,762
2Q 168,512189,754209,292220,990218,600246,579
1Q 161,362180,514203,115216,444223,787247,066
(million yen)
2021 2022 2023 2024 2025 2026
FY 138,986156,381167,604181,082181,294-
3Q 127,733150,175161,242171,479177,694172,534
2Q 126,853147,144162,424174,305176,385173,815
1Q 121,577139,525156,453169,587179,211177,528
(%)
2021 2022 2023 2024 2025 2026
FY 72.074.477.377.669.5-
3Q 74.978.278.379.572.169.9
2Q 75.377.577.678.980.770.5
1Q 75.377.377.078.480.171.2

Caution

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