Fiscal Year Ending March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Summary of Business Results

For the consolidated cumulative third quarter period of the fiscal year ending March 2026, net sales amounted to JPY 487,908 million (up 7.1% YoY), operating income was JPY 73,048 million (up 17.0% YoY), and ordinary income reached JPY 73,721 million (up 20.0% YoY). Net income attributable to owners of the parent was JPY 41,126 million (up 0.3% YoY), affected by a special loss of JPY 16,833 million recorded due to business structure reform expenses. Segment-wise, the Environment segment posted net sales of JPY 294,587 million (up 2.0% YoY) and operating income of JPY 54,108 million (up 4.3% YoY); the Digital Society segment recorded net sales of JPY 149,136 million (up 20.3% YoY) and operating income of JPY 20,095 million (up 99.6% YoY); the Energy & Industry segment had net sales of JPY 46,150 million (up 6.1% YoY) but an operating loss of JPY 850 million.

Financial Position and Future Outlook

At the end of the consolidated third quarter accounting period, total assets increased to JPY 1,206,797 million compared to the end of the previous fiscal year, net assets totaled JPY 789,975 million, and the equity ratio rose to 64.7%. Liabilities remained almost flat at JPY 416,822 million. The full-year earnings forecast remains unchanged from the announcement on October 31, 2025. Should a revision of the earnings forecast become necessary, it will be disclosed promptly.