Operator

Thank you very much for waiting. We will now begin Nippon Paint Holdings FY 2026 Q1 Financial Results Conference Call. Before we begin, a little housekeeping announcement. [Operator Instructions] Please note that this phone conference will be conducted with simultaneous interpretation in English and Japanese.

Now Mr. Wakatsuki, Mr. Tanaka, please begin.

Yuichiro Wakatsuki
Representative Executive Officer, Co-President & Director

Thank you very much. Hello, everyone. I am Wakatsuki, Co-President of NPHD. Thank you very much for taking the time to join us today despite your busy schedules. I will provide an overview of our FY 2026 Q1 financial results.

First, as always, historical performance is shown on Page 3. This Q1 was also strong with revenue CAGR of 16% and operating profit CAGR of 17.6% even in the long term. Furthermore, the profit contributions from organic and inorganic growth are 10% each, showing that both wheels of our Asset Assembler business are working well.

Next, on Page 4. On a consolidated basis, revenue reached JPY 490.3 billion. Adjusted operating profit was JPY 76.4 billion. Adjusted OP margin was 15.6% and adjusted EPS was JPY 24.2, all of which were record highs for Q1. Revenue growth was over 20%, and adjusted operating profit rose sharply at approximately 38%. Organic and inorganic profit contribution was