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

Summary of Business Performance

During the cumulative consolidated period of the third quarter of the fiscal year ending March 2026, operating revenue was JPY 60,364 million (up 9.3% YoY), operating income was JPY 3,398 million (up 32.4% YoY), ordinary income was JPY 4,164 million (up 25.1% YoY), and net income attributable to owners of the parent for the quarter was JPY 3,052 million (up 48.3% YoY), resulting in both increased revenue and profit. The logistics business achieved operating revenue of JPY 56,030 million (up 9.9% YoY) and segment profit of JPY 4,161 million (up 21.6% YoY) due to high occupancy of newly established logistics facilities and the start of new transactions. The real estate business reported operating revenue of JPY 4,752 million (up 4.1% YoY) and segment profit of JPY 1,483 million (up 17.2% YoY) supported by favorable occupancy of the multipurpose building.

Financial Position and Outlook

Total assets amounted to JPY 225,205 million (an increase of JPY 14,884 million from the end of the previous fiscal year), net assets were JPY 102,643 million (an increase of JPY 8,457 million), and the equity ratio increased by 0.8 points to 45.4%. Cash flow showed an increase of JPY 5,734 million from operating activities, a decrease of JPY 6,136 million from investing activities, and a decrease of JPY 375 million from financing activities. The full-year earnings forecast for the fiscal year ending March 2026 has been revised, with the dividend forecast also increased to JPY 68.00. Additionally, partial sale of treasury shares is planned from February to March 2026, with approximately JPY 1.8 billion in net gain expected to be recorded as a special profit in the fourth quarter.