Kitakei Co., Ltd. Financial Summary for the Third Quarter of the Fiscal Year Ending November 2026 [Japanese GAAP] (Non-consolidated)

Overview of Performance

In the third quarter of the fiscal year ending November 2026, Kitakei Co., Ltd. recorded net sales in the 44.3 billion yen range, nearly flat compared with the same period last year. Operating income was approximately 544 million yen, ordinary income approximately 670 million yen, and quarterly net income approximately 412 million yen, each showing slight increases year-over-year. The company has not revised its full-year earnings forecasts since they were announced. Total assets decreased while liabilities also declined, resulting in net assets remaining almost unchanged. The dividend is expected to continue at 28 yen per share; although future capital policy changes are uncertain, the current stance is to maintain the status quo.

Financial Position and Outlook

At the end of the third quarter, total assets were 263,97 million yen and the equity ratio was 53.9%. Liabilities decreased to 121.59 million yen. There is no change to the full-year forecast announced on December 26, 2025. There was a change in accounting estimate affecting the amortization period for retirement benefit expenses, which has been changed to 9 years; the impact is minor. The statement of cash flows is not prepared on a quarterly basis.