Earnings Presentation Materials Fiscal Year Ending March 2027 — Second Quarter

Summary of Results

Consolidated revenue for the second quarter of the fiscal year ending March 2027 totaled 73.0 hundred million yen (Year-over-Year +12.5%), driven by expansion across segments and progressing in line with the full-year plan. The earnings presentation materials forecast full-year revenue of 1,880 hundred million yen, a substantial increase of +25.9% year-over-year; however, ordinary income and net income are expected to decline due to higher financial costs and the reversal following one-off gains. By segment, housing sales and income-producing real estate sales are performing well, and hotel operations and leasing/operations are expected to expand, but the company anticipates impacts such as inventory valuation losses will weigh on overall ordinary income.

Shareholder Returns and Financial Soundness

The shareholder return policy maintains a stable and sustainable dividend and preserves the initially forecast dividend of 53 yen. The payout ratio is raised to 25%, with a mid-term plan target for the final year of 30% under Mid-Term Plan 2028. The equity ratio at the end of 2Q is 26.9%, net interest-bearing debt is 95.11 hundred million yen, and the D/E ratio is 1.6x. The company plans to balance proactive business investment with capital policy.