2026 Fiscal Year Q3 Consolidated Financial Summary [Japan GAAP] (Consolidated)

Business performance overview

For the third quarter-to-date period, net sales were 7,330 million yen (YoY +10.2%), achieving revenue growth. Operating income was 592 million yen (YoY +91.8%), ordinary income 685 million yen (YoY +121.2%), and net income attributable to owners of the parent 415 million yen (YoY +256.4%), showing substantial improvement. By segment, Performance Marketing improved profitability despite advertiser budget reductions due to cost reductions at overseas bases and strong performance in Indonesia and other regions. Media revenue declined, but losses narrowed due to growth in paid services and tutoring-related offerings. Overall, cost efficiency and expansion of new revenue models contributed to results.

Outlook and financial position

We plan to prepare supplemental materials for the earnings briefing and hold an online results briefing for institutional investors and analysts. There is no change to the full-year consolidated earnings forecast, and the financial position remains stable with current assets of 9,728 million yen, equity ratio of 50.9%, and net assets of 5,844 million yen. Increases in cash deposits and a slight rise in accounts receivable support liquidity. There are no special adjustments to the dividend forecast. We remain on a solid growth path, continuing to expand recurring revenue and improve cost efficiency.