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

Overview of Business Performance

For the third quarter of the fiscal year ending March 2026, consolidated net sales reached ¥889,522 million (0.4% YoY increase), operating income was ¥15,037 million (35.5% YoY increase), ordinary income was ¥13,956 million (9.0% YoY increase), and net income attributable to owners of the parent was ¥7,752 million (a significant increase from ¥57 million in the same period last year). Expansion in the lifestyle-related business, improved profitability of Opal in Australia, and efforts to strengthen the foundation of the paper and paperboard business contributed to the substantial increase in operating income. By segment, while net sales in the paper and paperboard business decreased, increases were achieved in the lifestyle-related business and the wood, building materials, and civil engineering-related business.

Financial Position and Dividend Status

Total assets stood at ¥1,741.05 billion, net assets were ¥516.39 billion, and the equity ratio was 27.9%. Dividends are forecasted at ¥15 per share annually for the fiscal year ending March 2026, up from ¥10 in the prior year. The full-year earnings guidance anticipates net sales of ¥1.2 trillion, operating income of ¥30 billion, and net income attributable to owners of the parent of ¥10 billion, representing substantial increases compared to the prior year.