Financial Summary for the Third Quarter of Fiscal Year Ending March 2026 [Japanese GAAP] (Non-consolidated)

Overview of Performance

During the cumulative period of the third quarter of the fiscal year ending March 2026 (April 1, 2025 to December 31, 2025), net sales amounted to 7,327 million yen (5.2% decrease Year-over-Year). Operating income was 128 million yen (28.5% increase Year-over-Year), ordinary income was 728 million yen (27.3% increase Year-over-Year), and quarterly net income increased to 488 million yen (15.0% increase Year-over-Year). By segment, the Kurasuwa-related business performed strongly with a 24.0% increase, while the Yomeishu-related business saw a decrease in sales. In terms of financial position, total assets stood at 57,721 million yen, net assets at 48,880 million yen, and the equity ratio slightly decreased to 84.7% compared to the previous fiscal year-end.

Dividend and Earnings Guidance

The annual dividend forecast remains unchanged at 45.00 yen per share at fiscal year-end, totaling 45.00 yen. The full-year earnings guidance for the fiscal year ending March 2026 projects net sales of 9,630 million yen (3.9% decrease Year-over-Year), operating income of 140 million yen (9.1% increase Year-over-Year), ordinary income of 760 million yen (21.3% increase Year-over-Year), and net income of 840 million yen (23.6% increase Year-over-Year). There are no revisions to the earnings forecast, and the company continues to focus on profitability improvements while advancing growth investments.