Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026 [Japan GAAP] (Consolidated)

Business Overview

For the cumulative third quarter period of the fiscal year ending March 2026, net sales increased 16.6% YoY to 112,681 million yen, operating income rose 48.4% YoY to 5,626 million yen, and ordinary income increased 48.0% YoY to 6,178 million yen. Conversely, quarterly net income attributable to owners of the parent declined 81.9% YoY to 702 million yen. The increases in net sales and profit were primarily driven by higher revenues and profits in the special vehicles, environmental, and parking segments.

Financial Condition and Dividend Status

Total assets rose 4.3% from the end of the previous fiscal year to 195,839 million yen, but net assets decreased to 111,341 million yen due to dividend payments and other factors, causing the equity ratio to decline from 61.8% to 56.1%. The dividend forecast is an annual 140 yen, a decrease from 158 yen in the previous fiscal year.

Segment Performance

The special vehicles segment recorded net sales of 96,021 million yen (16.3% YoY increase) and operating income of 4,251 million yen (38.4% YoY increase). The environmental segment reported net sales of 10,768 million yen (27.1% YoY increase) and operating income of 1,801 million yen (36.6% YoY increase). The parking segment posted net sales of 6,389 million yen (12.3% YoY increase) and operating income of 757 million yen (12.3% YoY increase).

Outlook

The consolidated full-year forecast for the fiscal year ending March 2026 projects net sales of 168,000 million yen (19.6% YoY increase), operating income of 9,600 million yen (44.2% YoY increase), ordinary income of 9,500 million yen (37.9% YoY increase), and net income attributable to owners of parent of 2,645 million yen (54.6% YoY decrease). There are no revisions to the forecast at this time.