#FinancialResultsPresentation

For the cumulative Q3 of FY2025, orders received amounted to ¥55,241 million (YoY +8.5%), net sales were ¥47,101 million (YoY +1.7%), and operating income was ¥4,282 million (YoY -12.9%).

Approximately 1 billion yen in treasury unit acquisition; conducted asset replacement through property sale and acquisition. Targeting ROE of 7.04%, expected to be achieved in the fiscal year ending December 2025. Sale proceeds will be utilized for the acquisition of Atsugi Iiyama South Factory and treasury unit acquisition.

In the Q2 financial results presentation materials for the June 2026 period, corrections were made to errors in sales figures for "non-automotive services" and "overseas business." Non-automotive services were revised to 162 million yen (YoY -54.1%), and overseas sales to 43 million yen (YoY -15.7%).

For the fiscal year ending December 2025, operating revenue was 48,547 million yen, down 5.2% year-over-year (YoY), and net income attributable to owners of parent was 19,299 million yen, down 18.0% YoY. Earnings guidance for the June 2026 period anticipates operating revenue of 53,924 million yen and net income of 24,064 million yen.

For Q2 FY2026, net sales were 12,938 million yen (YoY +6.9%), operating income was 3,685 million yen (YoY -8.6%), and net income was 7,237 million yen (YoY +163.5%).

For the fiscal period ending December 2025, operating revenue was 20,346 million yen, operating income was 10,547 million yen, and net income attributable to owners of parent was 9,446 million yen. Distributions per unit were 2,111 yen, a 5.2% increase year-over-year.

Net sales for the fiscal year ending December 2025 were JPY 190.29 billion (YoY +26.4%), with adjusted operating income reaching JPY 403 million, achieving profitability. For the fiscal year ending December 2026, net sales are expected to increase to JPY 232.15 billion (forecast +22.0%).

For the fiscal year ended December 2025, consolidated net sales were 86.65 billion yen (YoY +6.7%), operating income was 6.18 billion yen (YoY +35.5%), and net income attributable to owners of parent was 3.81 billion yen (YoY -12.5%).

Consolidated net sales for the nine months ended March 2026 totaled 168.8 billion yen and consolidated operating income was 19.8 billion yen. Full-year earnings guidance forecasts consolidated net sales of 260 billion yen and consolidated operating income of 29 billion yen, expecting the fourth consecutive period of revenue and profit growth.

Fiscal year 2025 sales reached an all-time high of 594.9 billion yen, and operating income also recorded a record high of 97.4 billion yen. Net income declined, but the annual dividend was increased to 130 yen. For fiscal year 2026, operating income is forecasted at 94.0 billion yen with a dividend of 135 yen.

Net sales for the fiscal year ending December 2025 reached 19.02 billion yen (YoY +26.4%), with adjusted operating income of 403 million yen, achieving full-year profitability.

Operating income for the 3rd quarter of FY2025 was 270.8 billion yen, down 10% YoY. Operating income excluding inventory effects was 391.4 billion yen, up 1% YoY, and net income was 129.2 billion yen, down 24% YoY.