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

Overview of Business Performance

In the cumulative third quarter consolidated period for the fiscal year ending March 2026, operating revenue was 69.3 billion yen (11.4% Year-over-Year increase), net operating revenue was 66.6 billion yen (9.5% increase), operating income was 12.9 billion yen (25.4% increase), ordinary income was 15.3 billion yen (28.4% increase), and net income attributable to owners of parent for the quarter was 11.7 billion yen (23.8% increase). The main revenue source, brokerage commissions, amounted to 44.8 billion yen (17.1% increase Year-over-Year), driven by solid stock brokerage commissions and increased fees related to underwriting, secondary offerings, and solicitations to specific investors. Trading profits decreased slightly to 15.7 billion yen (0.2% decrease Year-over-Year), but financial income significantly increased to 6.5 billion yen (85.7% increase). Selling, general and administrative expenses were 53.7 billion yen (6.3% increase).

Overview of Financial Position and Earnings Guidance

At the end of the consolidated third quarter period for the fiscal year ending March 2026, total assets were 1.245 trillion yen, down from the end of the previous fiscal year. Net assets increased to 219.2 billion yen, and the equity ratio rose to 17.6%. Regarding earnings guidance, as the core business is financial instruments trading and influenced by market conditions, no earnings forecasts are disclosed. Dividend forecasts are also undecided.