Financial Summary for the Second Quarter of the Fiscal Year Ending June 2026 (Interim) [Japanese Standards] (Consolidated)

Overview of Performance

Consolidated net sales for the second quarter of the fiscal year ending June 2026 amounted to 37,904 million yen (16.5% increase YoY), operating income was 7,175 million yen (0.3% increase YoY), ordinary income was 7,859 million yen (8.8% increase YoY), and net income attributable to owners of parent for the interim period was 5,406 million yen (9.4% increase YoY). The increase in sales was primarily due to strong demand for public works-related materials in the social infrastructure business. The industry infrastructure business experienced a decline in sales at some overseas subsidiaries, but overall remained steady. The equity ratio improved to 79.7% compared to the same period in the previous year.

Segment Performance and Financial Position

Net sales in the social infrastructure business were 25,171 million yen (34.1% increase YoY), with operating income of 5,161 million yen (16.8% increase YoY), demonstrating strong performance. Meanwhile, the industry infrastructure business posted net sales of 12,732 million yen (7.5% decrease YoY) and operating income of 2,739 million yen (19.4% decrease YoY). Total assets amounted to 92,984 million yen, total liabilities were 18,825 million yen, and total net assets stood at 74,159 million yen, an increase of 5,712 million yen YoY. Cash flow generated from operating activities was an inflow of 3,388 million yen, outflow of 2,370 million yen from investing activities, and outflow of 1,449 million yen from financing activities. There is no change in the dividend forecast, with an annual dividend of 28.00 yen planned.