FY2026 Q3 Earnings Presentation Materials

Performance Overview

For the consolidated results of the third quarter of the fiscal year ending March 2026, net sales amounted to 73.72 billion yen (YoY +8.8%), operating income was 4.83 billion yen (+12.0%), ordinary income was 5.54 billion yen (-5.8%), and quarterly net income was 4.62 billion yen (-23.5%). Operating income increased due to favorable performance in consolidated subsidiaries of the Energy and Product businesses, resulting in higher revenue and profit. However, quarterly net income declined due to a decrease in gains on sales of policy holdings and a special loss booking of 489 million yen related to litigation loss provisions. Both order intake and backlog increased year-over-year.

Revision to Full-Year Earnings Forecast and Dividends

The full-year earnings forecast was revised upward, with net sales increased from 105.0 billion yen to 108.0 billion yen, operating income from 6.6 billion yen to 7.6 billion yen, ordinary income from 7.15 billion yen to 8.5 billion yen, and net income attributable to owners of the parent from 6.05 billion yen to 6.5 billion yen. Accompanying this, the year-end dividend forecast per share was raised from 73.66 yen to 81.66 yen, with a policy to maintain stable dividends targeting a total return ratio of 45%.