GEOLIVE Group Corporation Financial Summary for the Second Quarter (Interim) of Fiscal Year Ending March 2027

Overview of Results

For the interim period, net sales were 115,143 million yen, a substantial increase of 27.8% year-over-year, while operating income decreased to 734 million yen, down 19.1% year-over-year. Ordinary income was 1,373 million yen, a year-over-year increase of 1.7%, supported by special gains including a gain on sale of fixed assets of 622 million yen and a gain on sale of investment securities of 732 million yen. Net income attributable to owners of parent for the interim was 1,546 million yen, a significant increase year-over-year. There is no change from the previously announced full-year guidance: net sales 225,000 million yen, operating income 2,100 million yen, ordinary income 3,000 million yen, and net income attributable to owners of parent 2,350 million yen.

Financial Position and Capital Structure

Total assets amounted to 94,483 million yen and the equity ratio was 27.3%. Shareholders' equity increased compared with the prior fiscal year-end, while changes in asset composition were observed due to increases in inventories and decreases in trade receivables. Total liabilities were 68,605 million yen, decreasing partly due to a reduction in long-term borrowings. Net assets were 25,878 million yen, increasing mainly due to growth in retained earnings.