FY2026 Q3 Financial Summary [IFRS] (Consolidated) (Mid-term Review Completed by Certified Public Accountant)

Overview of Performance

For the cumulative consolidated period of Q3 FY2026 ending March, revenue amounted to JPY 1,138,503 million, a decrease of 0.2% year-over-year. Operating income increased by 7.2% to JPY 30,450 million, and net income attributable to owners of parent improved significantly to JPY 11,807 million, up 175.7% YoY. Business profit also increased from the same period last year, partially offsetting the rise in financial expenses. By segment, the company manages three divisions: Water Technology Business, Housing Technology Business, and Living Business. With the establishment of the Living Business segment, efforts are focusing on improving profitability in domestic operations.

Financial Position and Outlook

Total assets increased to JPY 1,939,063 million and total equity rose to JPY 670,863 million compared to the previous year, with the equity ratio attributable to owners of parent increasing to 34.4%. Treasury shares slightly increased to 69,763 shares. There is no change to the dividend forecast, with an annual dividend planned at JPY 90. The earnings guidance remains unchanged, anticipating full-year revenue of JPY 1,540,000 million (up 2.3% YoY), operating income of JPY 30,000 million (up 1.1% YoY), and net income attributable to owners of parent of JPY 8,000 million (up 299.7% YoY). The interim review by a certified public accountant has been completed with no changes to disclosed content.