Q3 Financial Summary for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) (Completion of Midterm Review by Certified Public Accountants)

Performance Overview

During the nine months ended December 2025 of the fiscal year ending March 2026, operating revenue was 60,364 million yen (up 9.3% YoY), operating income was 3,398 million yen (up 32.4% YoY), ordinary income was 4,164 million yen (up 25.1% YoY), and net income attributable to owners of parent was 3,052 million yen (up 48.3% YoY), achieving both revenue and profit growth. In the logistics segment, operating revenue was 56,030 million yen (up 9.9% YoY) and segment profit was 4,161 million yen (up 21.6% YoY), driven by higher utilization of newly established logistic facilities and new business commencements. The real estate segment also performed steadily, with operating revenue of 4,752 million yen (up 4.1% YoY) and segment profit of 1,483 million yen (up 17.2% YoY), supported by strong occupancy of the mixed-use building.

Financial Position and Future Outlook

Total assets stood at 225,205 million yen, up 14,884 million yen from the previous fiscal year-end, net assets increased by 8,457 million yen to 102,643 million yen, and the equity ratio rose 0.8 points to 45.4%. Cash flow from operating activities increased by 5,734 million yen, cash flow from investing activities decreased by 6,136 million yen, and cash flow from financing activities decreased by 375 million yen. There is no revision to the full-year earnings guidance or dividend forecast for the fiscal year ending March 2026, maintaining the revised figures disclosed on February 3, 2026. Additionally, part of the investment securities is planned to be sold between February and March 2026, with approximately 1.8 billion yen of gain expected to be recorded as special income in the fourth quarter.