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

Overview of Results

Medical Net, Inc. is promoting expansion into the health tech domain centered on a dental healthcare platform. For the cumulative first quarter, revenue was 1,554,493 thousand yen (down 0.4% year-over-year), operating loss was 21,774 thousand yen, ordinary loss was 36,123 thousand yen, and quarterly net loss attributable to owners of parent was 42,930 thousand yen. By segment, Medical BtoB and Dentwave-related businesses expanded sales and moved into profitability, while Media & Platform saw reduced profitability due to sluggish advertising growth. Earnings were also affected by foreign exchange fluctuations. The full-year forecast remains unchanged from the outlook announced in July 2026.

Segment Highlights and Outlook

In the Medical BtoB business, sales increased due to orders for large-scale clinic openings and expansion of high-margin services. Profitability is expected to improve as clinic plans using Dentwave expand and research/consulting services are strengthened. Conversely, the Cloud Integration business and Media & Platform face profitability challenges due to impacts from overseas partnerships and variability in advertising revenue. The risk of continued foreign exchange losses should also be monitored.