Financial Summary for the Second Quarter (Interim) of the Fiscal Year Ending May 2026 [Japanese GAAP] (Consolidated)

Overview of Performance

Consolidated results for the second quarter of the fiscal year ending May 2026 were net sales of 88,443 million yen (down 5.7% YoY), operating loss of 1,123 million yen (operating loss of 2,279 million yen in the previous year), ordinary loss of 1,062 million yen (ordinary loss of 2,352 million yen in the previous year), and interim net loss attributable to owners of parent of 932 million yen (interim net loss of 1,876 million yen in the previous year). In the housing business, there were no new store openings and the number of housing units delivered declined 12.0% YoY, resulting in net sales of 60,051 million yen (down 9.9% YoY) and operating loss of 3,219 million yen (operating loss of 3,812 million yen in the previous year). The real estate business achieved higher revenue and profit, with net sales of 25,198 million yen (up 6.4% YoY) and operating income of 1,543 million yen (up 96.1% YoY). The financial, energy, and other businesses experienced declines in revenue and profit.

Financial Position and Dividend Status

At the end of the second quarter of the fiscal year ending May 2026, total assets stood at 92,751 million yen, net assets at 27,561 million yen, and equity ratio at 29.7%. Net assets decreased from the previous year's end due to interim net loss and dividend payments. The dividend forecast remains unchanged at a year-end lump sum of 196 yen. The full-year earnings forecast anticipates net sales of 209,000 million yen (up 4.1% YoY), operating income of 4,700 million yen (up 14.3% YoY), and net income attributable to owners of parent of 1,350 million yen (down 8.7% YoY).