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

Summary of Performance

Consolidated revenue for the second quarter was 12,422 hundred million yen, representing a 19.8% increase year-over-year. However, operating income decreased to 255 million yen, down -21.1% from the same period last year. Ordinary income was 293 million yen, and interim net income attributable to owners of parent was 177 million yen, both lower year-over-year. Goodwill was recorded following the addition of newly consolidated subsidiary Trust Growth. By segment, sales growth in Asmo Trading and solid performance in nursing care and food service were notable. There is no significant change to the full-year outlook: revenue is forecast at 24,768 hundred million yen and earnings per share are projected at 29.19 yen.

Cash, Financial Position and Outlook

The equity ratio slightly declined to 67.6% (from 70.0% at the end of the previous fiscal year). Cash and cash equivalents were 5,254 million yen, and free cash flow was positive at 287 million yen. Accounting impacts related to the business combination, including goodwill arising from the acquisition of Trust Growth, are included. Going forward, the company aims to improve margins and grow the business through new customer acquisition and deeper engagement with existing customers.