Fiscal Year Ending March 2026 Q3 Financial Summary〔IFRS〕(Consolidated)

Overview of Business Performance

For the cumulative consolidated period of the third quarter of the fiscal year ending March 2026, revenue was JPY 1,066,883 million (0.6% YoY increase), operating income was JPY 65,435 million (9.1% YoY increase), profit before tax was JPY 61,734 million (10.1% YoY increase), and net income attributable to owners of the parent was JPY 42,978 million (13.0% YoY increase). We achieved profit growth under favorable business conditions by refining our area strategies and maintaining appropriate inventory levels, mainly in the detached housing subdivision business. By segment, the detached housing subdivision business accounted for the majority of total revenue. While there were some increases and decreases among individual groups, the overall trend remained solid.

Financial Position and Earnings Guidance

Total assets at the end of the third quarter consolidated accounting period were JPY 1,922,756 million, an increase of JPY 68,925 million compared to the end of the previous fiscal year. Total liabilities were JPY 924,435 million, up JPY 52,591 million, and total equity was JPY 998,321 million, up JPY 16,334 million. The number of issued shares remained unchanged at 280,379,057 shares, and the number of treasury shares was nearly flat. There is no change in the full-year consolidated earnings forecast for the fiscal year ending March 2026, with projected revenue of JPY 1,530 billion, operating income of JPY 93 billion, and net income attributable to owners of the parent of JPY 58 billion.