Financial Presentation Materials for Q3 Fiscal Year Ending March 2026

Overview of Business Performance

In the third quarter of the fiscal year ending March 2026, net sales amounted to 207.0 billion yen (9.2% YoY increase), operating income was 7.1 billion yen (10.9% YoY increase), ordinary income reached 8.6 billion yen (4.3% YoY increase), and quarterly net income attributable to owners of parent was 6.7 billion yen (13.4% YoY increase). The operating assets balance grew to 1,122.5 billion yen (13.2% YoY increase), while net assets also steadily increased to 147.8 billion yen (3.8% YoY increase). While lease business contract execution and order volumes significantly rose, the finance business demonstrated a declining trend.

Segment Status and Future Outlook

The lease business performed well, with contract execution and order volumes increasing by 16.0% and 37.9% respectively, driven by GIGA projects and large-scale government contracts. The finance business’s operating income declined 52.2% YoY due to provisions for doubtful accounts and other factors. The investment business expanded, with net sales up 39.1% and gross profit up 20.9%. Other businesses also posted a significant increase due to sales of real estate for sale. While foreign currency interest rates declined, rising yen interest rates caused the funding cost ratio to rise to 1.24%. Credit-related expenses increased by 280 million yen compared to the previous year.