Financial Summary for the Fiscal Year Ending December 2025 [Japanese GAAP] (Consolidated)

Overview of Financial Results

For the fiscal year ending December 2025, consolidated net sales amounted to 320,043 million yen (8.5% increase YoY), operating income was 22,816 million yen (14.2% increase YoY), and ordinary income was 22,541 million yen (12.4% increase YoY). Net income attributable to owners of parent was 15,881 million yen (1.3% decrease YoY), impacted by a reactionary decrease due to the gain on sale of the former Osaka head office building recorded the previous year. By segment, Factory Route sales were 211,223 million yen (7.2% increase YoY), e-Business Route 76,960 million yen (12.9% increase YoY), Home Center Route 28,396 million yen (5.9% increase YoY), and Overseas Route 3,463 million yen (12.0% increase YoY), all showing revenue growth.

Outlook and Dividends

The consolidated earnings forecast for the fiscal year ending December 2026 anticipates net sales of 341,000 million yen (6.5% increase YoY), operating income of 21,720 million yen (4.8% decrease YoY), ordinary income of 21,220 million yen (5.9% decrease YoY), and net income attributable to owners of parent of 14,540 million yen (8.4% decrease YoY). An increase in selling, general and administrative expenses is expected, resulting in higher revenues but lower profits. The annual dividend is projected at 55.50 yen, a decrease compared to the previous year, but will include a Trusco Select Dividend addition. The company maintains stable dividends as a basic policy, targeting a consolidated dividend payout ratio of 25%.