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

Summary of Business Performance

For the consolidated cumulative period of the third quarter of the fiscal year ending March 2026, net sales were 83,721 million yen (16.1% year-over-year increase), operating income was 8,115 million yen (138.5% year-over-year increase), ordinary income was 8,142 million yen (169.5% year-over-year increase), and net income attributable to owners of parent was 6,012 million yen (149.5% year-over-year increase). The domestic business recorded net sales of 69,260 million yen (15.8% YoY increase) and operating income of 6,808 million yen (93.9% YoY increase), despite impacts such as delays in large-scale project commencements. The overseas business achieved significant profitability turnaround with net sales of 14,502 million yen (17.1% YoY increase) and operating income of 1,301 million yen, mainly driven by business improvement at the Vietnam subsidiary, which had posted operating losses in the previous year.

Financial Position and Revision of Earnings Forecast

Total assets increased by 5,261 million yen from the previous fiscal year-end to 102,656 million yen. Net assets rose by 4,145 million yen to 53,459 million yen. Total liabilities increased by 1,116 million yen to 49,197 million yen. The full-year consolidated earnings forecast was revised upward from 9,000 million yen to 9,500 million yen for operating income and from 5,700 million yen to 6,500 million yen for net income attributable to owners of parent. There was no change to the dividend forecast.