Fiscal Year Ending March 2026 Q3 Financial Results Presentation

Business Performance Overview

In the third quarter of the fiscal year ending March 2026, Shin Nippon Air Technologies Co., Ltd. maintained high-level results with orders completed of 104.6 billion yen (YoY +18.2%), operating income of 8.8 billion yen (YoY +68.1%), ordinary income of 9.5 billion yen (YoY +64.1%), and net income of 7.0 billion yen (YoY +81.5%), all achieving record highs. Robust orders for large-scale redevelopment projects, factory-related facilities, and renovation work contributed to increases in orders received of 146.0 billion yen (YoY +31.9%) and backlog orders of 167.2 billion yen (YoY +26.8%). Profitability also improved, with an operating margin of 8.4% (+2.5 points), ordinary income margin of 9.1% (+2.5 points), and net profit margin of 6.7% (+2.3 points).

Outlook and Shareholder Returns

The consolidated earnings forecast for the fiscal year ending March 2026 has been revised upward with orders received expected to reach 177.0 billion yen (+14.2% from previous forecast), orders completed at 150.0 billion yen (+4.2%), operating income of 13.7 billion yen (+14.2%), ordinary income of 14.5 billion yen (+16.0%), and net income of 10.5 billion yen (+19.3%). Backlog orders remain high at 152.8 billion yen, supporting expectations for stable performance. Regarding shareholder returns, while there will be a decrease in net assets due to dividend payments, the financial foundation remains solid, and the company anticipates balancing stable profit growth with shareholder returns going forward.