Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026 [Japan GAAP] (Consolidated)

Overview of Business Performance

During the cumulative third quarter period of the fiscal year ending March 2026 (April 1, 2025 through December 31, 2025), net sales were 42,786 million yen (3.8% year-over-year increase), operating income was 5,677 million yen (12.1% increase), ordinary income was 6,253 million yen (10.7% increase), and net income attributable to owners of parent was 4,345 million yen (11.3% increase), achieving record highs. The increase in net sales was mainly due to the pass-through of selling prices, increased sales volume, cost improvement activities in response to rising raw material costs, and expense reductions. By segment, the Construction Machinery segment posted net sales of 34,803 million yen (1.9% year-over-year increase) and segment profit of 5,639 million yen (13.5% increase), while the Industrial Machinery segment recorded net sales of 7,982 million yen (13.3% increase) and segment profit of 1,524 million yen (18.8% increase), with both segments reaching record highs.

Financial Position and Dividend Status

As of the end of the third quarter of the fiscal year ending March 2026, total assets amounted to 67,273 million yen, net assets were 43,855 million yen, and the equity ratio stood at 64.9%, an increase of 1.2 points compared to the same period last year. Regarding dividends, the annual dividend forecast was raised by ¥3 to ¥60, with an interim dividend of ¥20 already paid as of the end of the second quarter. The full-year earnings forecast anticipates net sales of 55,000 million yen (1.2% increase year-over-year), operating income of 6,920 million yen (7.1% increase), and net income attributable to owners of parent of 4,870 million yen (2.2% increase).