• Stellar start to the year – Q1 FY9/26 results saw MRI record OP surging 133.5% YoY and RP rising 99.0% YoY, driven by healthy top-line growth and minimal incremental costs. GPM reached 27.3%, and OPM climbed to 11.2%. Earnings visibility is high, as the sum of Q1 FY9/26 net sales and order backlog already accounts for 74.4% of FY net sales guidance. The TTC segment remains the cornerstone of the group’s growth trajectory, particularly through strong momentum in the government and public offices sector. FY9/26 is positioned as a year of business rebuild, with key initiatives to expand the concentration domains in TTC (electric power and energy, medical and long-term care, business analytics and AI) and the growth area in ITS (public and electric power, HR and education, financial, DA and AI).