Fiscal Year Ending March 2027 First Quarter Financial Summary [Japanese GAAP] (Consolidated)

Performance Overview

For the first quarter, consolidated revenue totaled 3,930 million yen, representing a 14.9% increase year-over-year. Operating income was 1,198 million yen, up 14.3%; ordinary income was 1,152 million yen, up 18.4%; and net income attributable to owners of parent for the quarter was 831 million yen, up 27.5%. Expansion of the international communications business and recovery in domestic segments contributed, resulting in overall steady performance. The full-year forecast remains unchanged. An IR briefing is scheduled.

Outlook and Capital Allocation

Although market conditions remain uncertain, the company will continue to expand the international submarine cable business centered on Candle-related operations, promoting network expansion connecting the Philippines, Japan, and Singapore. The company will maintain previously announced figures for both cumulative second-quarter and full-year consolidated forecasts, with a stable financial position indicated by an equity ratio of 38.6%. There is no change to the recently announced dividend outlook, and no major changes to the shareholder return policy are expected.