Earnings Presentation Materials Fiscal Year Ending March 2026 Third Quarter 2026-02-12

Performance Overview

In the cumulative third quarter of the fiscal year ending March 2026, net sales reached 542.5 billion yen (YoY +8%), operating income was 88.5 billion yen (+2%), and net income was 112.6 billion yen (+9%), setting new records. The full-year earnings guidance has been revised upward to revenue of 760 billion yen, operating income of 115 billion yen, and net income attributable to owners of parent of 120 billion yen, with progress rates at 71% for sales, 76% for operating income, and 93% for net income. The assumed exchange rate was adjusted from 146 yen to 150 yen, resulting in a 5 billion yen upward revision to net income.

Business Segment Trends and Shareholder Returns

Low-voltage sales in the electricity and gas business and growth in the insurance business have been strong, increasing sales and recurring profits across segments. Communications, beverages, insurance, finance, and solutions businesses are also performing steadily. The dividend was raised by 5 yen per share in the third quarter, with full-year dividend guidance set at 190 yen (YoY +12%), marking the 15th consecutive year of dividend increases and no dividend cuts for 23 years. Of the 10 billion yen treasury stock acquisition authorization, 2.15 billion yen has been executed. The equity ratio stands at 41.6%, supporting high financial soundness.