#Erex

Erex Corporation has tentatively decided on executive personnel changes at the Board of Directors meeting held on April 13, 2026. Mr. Daisuke Sakai and Ms. Setsuko Miyagawa have been selected as new director candidates, with formal appointment expected after the Annual General Meeting of Shareholders on June 26, 2026.

Erex announced its mid-term management plan for 2027 to 2029, planning to expand its battery storage and aggregation business, strengthen domestic and international biomass power generation, and grow overseas power generation operations.

Erex Co., Ltd. has formulated a medium-term management plan for 2027 to 2029, targeting net sales of 208.3 billion yen, ordinary income of 14 billion yen, and net income of 9.5 billion yen.

Revised the year-end dividend forecast for the fiscal year ending March 2026 from 11 yen per share to 22 yen. The total dividend forecast was also increased from 11 yen to 22 yen, strengthening shareholder returns.

Operating income forecast for the fiscal year ending March 2026 has been revised down by 17.5% from 8,601 million yen to 7,100 million yen, while net income attributable to owners of parent has been revised upward by 17.1% from 3,415 million yen to 4,000 million yen.

Erex Corporation has formulated a medium-term management plan for the fiscal years ending March 2027 through March 2029, targeting net sales of 208.3 billion yen, operating income of 11.3 billion yen, and net income of 9.5 billion yen.

For the third quarter of the fiscal year ending March 2026, consolidated net sales were JPY 127,979 million (Year-over-Year +1.1%), operating income was JPY 4,655 million (Year-over-Year △41.9%), and quarterly net income attributable to owners of the parent was JPY 3,736 million (Year-over-Year △15.4%).

For the cumulative Q3 of FY2026, net sales were 127.9 billion yen (progress rate 72.6%), operating income was 4.6 billion yen (progress rate 54.1%), income before tax was 5.5 billion yen (progress rate 74.1%), and quarterly profit was 3.7 billion yen (progress rate 109.4%).

A new shareholder benefit program will be introduced for shareholders holding 300 shares or more listed in the shareholder register as of the end of March and September 2026, awarding up to 35,000 shareholder benefit points.