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

Overview of Performance

For the cumulative third quarter period ending March 2026, consolidated results were net sales of JPY 723.91 billion (down 1.8% YoY), operating income of JPY 4.652 billion (up 161.9% YoY), ordinary income of JPY 5.152 billion (up 136.1% YoY), and net income attributable to owners of parent of JPY 3.647 billion (up 128.8% YoY). The construction segment experienced a 1.3% decline in completed construction volume YoY, but operating income increased by 150.4% due to improved gross profit margin on completed projects. The real estate and others segment saw declines in net sales and operating income, down 2.5% YoY. The equity ratio rose to 67.7%, up 5.1 points from the prior year period.

Dividend Situation and Future Outlook

The annual dividend forecast for the fiscal year ending March 2026 is JPY 75 (including a year-end dividend of JPY 49 and a commemorative dividend of JPY 3 for the 440th anniversary), representing an increase from JPY 48 in the previous period. Earnings guidance anticipates net sales of JPY 980.0 billion (down 1.3% YoY), operating income of JPY 5.5 billion (up 62.6% YoY), and net income attributable to owners of parent of JPY 4.1 billion (up 50.4% YoY). It is noted that revisions have been made to the latest published earnings forecast.