Increased Sales in Generative AI and Energy Segments
Sales in generative AI-related businesses in industry and energy segments increased. Additionally, sales of process automation and Connect saw growth, contributing to an overall adjusted operating profit increase.
Adjusted Operating Profit Increased
Adjusted operating profit reached JPY91.5 billion, with an increase in all segments, notably in lifestyle and energy, offsetting the deconsolidation of automotive.
Net Profit Increase
Net profit increased to JPY71.5 billion, aided by improvements in income taxes despite a deterioration in non-operating income and loss.
Strong Demand for Energy Storage Systems
Favorable sales of energy storage systems for data centers were driven by the expansion of the generative AI market, leading to increased industrial and consumer sales.
Lifestyle Segment Growth
Lifestyle segment saw increased sales due to steady sales of consumer electronics, HVAC, and electrical construction materials in Japan.