#IHI

Mori Hills REIT Investment Corporation will borrow 3,750 million yen as a green loan on February 27, 2026, to refinance existing long-term borrowings.

For the third quarter of the fiscal year ending March 2026, revenue was ¥1,129.3 billion (1.8% decrease YoY), operating income was ¥102.5 billion (0.9% decrease YoY), and net income attributable to owners of the parent was ¥85.0 billion (10.7% increase YoY).

Q3 orders for fiscal 2025 were JPY 1,364.8 billion (YoY +JPY 150.6 billion), net income attributable to owners of parent was JPY 85.0 billion (YoY +JPY 8.2 billion), and the full-year 2025 forecast was revised upward to a record-high JPY 1,940.0 billion in orders.

Mr. Atsushi Sato is scheduled to be appointed Representative Director, Executive Vice President, and Head of Aerospace, Defense & Space Business Domain effective April 1, 2026. Number of shares held: 21,200 shares (as of end of December 2025).

Changes to directors including Chairman, Representative Director, and Executive Vice President effective April 1, 2026. Some directors are scheduled for reappointment at the shareholders meeting in late June.

It was announced that the number of voting rights held by Capital Research and Management Company increased to 1,102,787 units (110,278,840 shares) as of January 26, 2026, representing 10.40% of the total voting rights.

Scheduled for November 1, 2026, IHI Transport Machinery will succeed Sumitomo Heavy Industries Conveyor Systems’ mechanical parking system business through an absorption-type split. The subject business’ sales for the fiscal year ending December 2024 were 7,090 million JPY, with negligible impact anticipated on the earnings forecast for the fiscal year ending March 2026.

Sales for December of the February 2026 fiscal year increased 112.2% year-over-year (YoY), customer count rose 107.3% YoY, average spending per customer increased 104.6% YoY, and the number of stores at month-end was 469.

For the nine months ended in February 2026, net sales reached JPY 46,174 million (up 12.7% YoY), operating income was JPY 5,285 million (up 30.7% YoY), and quarterly net income stood at JPY 3,560 million (up 29.3% YoY), marking record highs.