Financial Results Presentation Materials for the Third Quarter of the Fiscal Year Ending March 2026

Overview of Financial Performance

In the consolidated results for the third quarter of the fiscal year ending March 2026, net sales increased to 96.1 billion yen (YoY +7.9%). Conversely, operating income declined to 6.9 billion yen (YoY △7.3%), and net income attributable to owners of parent decreased to 3.8 billion yen (YoY △36.0%). The rise in net sales was mainly driven by increased unit sales in the automobile sales business, while the decrease in operating income was affected by higher depreciation costs due to expanded capital expenditures in the passenger automobile business and increased personnel expenses. The decline in quarterly net income was due to the reversal of deferred tax assets accounted for in the previous period.

Segment Performance

The passenger automobile business maintained steady net sales at 44.1 billion yen (+0.2 billion yen), but operating income decreased to 2.6 billion yen (△1.1 billion yen), affected by increased depreciation and personnel expenses. The real estate business posted net sales of 5.0 billion yen (+0.3 billion yen) and operating income of 1.8 billion yen (flat). The automobile sales business achieved significant growth with net sales of 33.1 billion yen (+5.4 billion yen) and operating income of 1.3 billion yen (+0.2 billion yen). Other businesses recorded net sales of 22.1 billion yen (△0.8 billion yen) and operating income of 1.2 billion yen (+0.2 billion yen).