Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026 [IFRS] (Consolidated) (Interim Review Completed by Certified Public Accountant)

Overview of Business Performance

During the cumulative third quarter consolidated period of the fiscal year ending March 2026, revenue was JPY 626.87 billion (7.6% decrease YoY), operating income was JPY 17.551 billion (23.7% decrease YoY), and net income attributable to owners of parent for the quarter was JPY 11.12 billion (20.2% decrease YoY). The main factors were decreases in new and used car sales volumes and gross profit per unit in the Car Life business, and the reversal of one-off gains recorded in the same period last year in the Power & Utility business. On the other hand, the Home Life business showed improvement in retail LP gas margins, and the Industrial Business segment's industrial gas sales performed favorably.

Segment Performance and Financial Position

The Car Life business posted revenue of JPY 436.6 billion (5.8% decrease YoY), operating income of JPY 5.956 billion (36.8% decrease YoY), and net income of JPY 3.24 billion (24.6% decrease YoY), impacted by declining new and used car sales volumes. The Industrial Business segment recorded revenue of JPY 85.874 billion (17.3% decrease YoY), operating income of JPY 5.077 billion (15.6% decrease YoY), and net income of JPY 3.971 billion (11.5% decrease YoY). The Power & Utility segment reported revenue of JPY 53.352 billion (8.5% decrease YoY), operating income of JPY 4.593 billion (22.5% decrease YoY), and net income of JPY 2.462 billion (30.7% decrease YoY), reflecting the impact of last year’s one-off gains. The Home Life segment achieved revenue of JPY 51.045 billion (2.8% decrease YoY), operating income of JPY 1.007 billion (42.6% increase YoY), and net income of JPY 945 million (13.4% decrease YoY). Total assets were JPY 433.459 billion and total equity was JPY 204.973 billion, with an equity ratio of 40.8%.