FY2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Performance

During the cumulative third quarter period of FY2026, net sales reached ¥20,458 million (Year-over-Year △21.4%), operating income was ¥1,777 million (YoY △39.6%), ordinary income was ¥2,514 million (YoY △32.6%), and quarterly net income attributable to owners of parent was ¥1,622 million (YoY △88.7%). By segment, the steel construction business reported net sales of ¥17,747 million (decline YoY) and operating income decreased to ¥838 million. Conversely, the real estate business recorded net sales of ¥2,711 million (increased YoY) and a stable operating income of ¥939 million. Although the economic environment is on a mild recovery path, there have been impacts from rising material costs and labor shortages.

Financial Position and Earnings Guidance

Total assets increased to ¥122,174 million compared to the previous consolidated fiscal year-end, with net assets also rising to ¥76,769 million. The equity ratio improved to 61.5%. Total liabilities slightly increased to ¥45,405 million. The consolidated earnings forecast for FY2026 has been revised to expect net sales of ¥34,000 million (YoY △1.9%), operating income of ¥4,100 million (YoY +4.3%), ordinary income of ¥4,800 million (YoY +1.8%), and net income attributable to owners of parent of ¥3,200 million (YoY △78.5%). There is no change to the dividend forecast.