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

Overview of Performance

For the cumulative Q3 period of the fiscal year ending March 2026, consolidated results show net sales of 247.487 billion yen (up 0.5% YoY), operating income of 22.886 billion yen (up 1.6% YoY), ordinary income of 25.745 billion yen (up 5.5% YoY), quarterly profit before income taxes of 25.712 billion yen (up 5.2% YoY), and net income attributable to owners of parent of 16.105 billion yen (up 7.1% YoY). The increase in sales and profits is mainly due to price rises in the spice business following soaring purchase costs, as well as strong performance in the fuel wholesale, gasoline station, and information-related businesses. Conversely, decreases were seen due to lower sales in construction materials, reactionary decline in ODA business, and intensified competition in the tire wholesale business.

Segment Performance

The Information Systems-related Business posted net sales of 21.63 billion yen (up 5.6% YoY) and operating income of 3.361 billion yen (up 7.6% YoY), achieving growth in both sales and profits. The Corporate Supply-related Business recorded net sales of 119.981 billion yen (down 0.5% YoY) and operating income of 18.075 billion yen (down 0.8% YoY), showing decreases in both sales and profits. The Lifestyle & Regional Services Business posted net sales of 105.875 billion yen (up 0.5% YoY) and operating income of 3.676 billion yen (up 19.5% YoY), both increasing.

Overview of Financial Position

At the end of the Q3 consolidated accounting period, total assets amounted to 315.316 billion yen, an increase of 16.327 billion yen compared to the previous consolidated fiscal year-end. Current assets increased as well as fixed assets. Total liabilities increased from 112.946 billion yen to 112.946 billion yen, and net assets rose from 192.161 billion yen to 202.369 billion yen. The equity ratio remained stable at 55.8%, maintaining a solid financial base.

Dividend Status

The annual dividend forecast for the fiscal year ending March 2026 is 80 yen (including a 36 yen year-end dividend), an increase from 66 yen in the previous fiscal year. Notification was made that the dividend forecast has been revised upward.

Revision of Full Year Earnings Guidance

The full-year consolidated earnings forecast for the fiscal year ending March 2026 has been revised to net sales of 330 billion yen (up 3.1% from previous forecast), operating income of 30 billion yen (unchanged), ordinary income of 32.4 billion yen (up 3.2%), and net income attributable to owners of parent of 18.9 billion yen (up 2.2%). The limited decrease in demand for construction materials, petroleum products, and gondolas was less than initially expected, and increases in equity-method investment income were reflected in the growth of ordinary income and net income.