FY2026 Full-Year Financial Results Presentation Materials

Overview of FY2026 Full-Year Results

FY2026 full-year results were generally in line with plan, with net sales of 148,332 million yen (YoY +27.8%) and EBITDA of 52,125 million yen (YoY +19.9%). EBITDA margin stood at 35.1%, within the planned range of 30-40%. Operating income was 50,931 million yen (YoY +19.5%), net income was 37,840 million yen (YoY +23.0%), and EPS was 249.16 yen (YoY +23.2%), maintaining a trend of profit growth. The number of consultants increased to 5,590 (from 4,784 at previous fiscal year-end, YoY +16.8%), and the number of projects showed steady progress at YoY +20.7%.

Shareholder Return Policy and Capital Strategy

The shareholder return policy targets a stable profit distribution with a dividend payout ratio of 40% based on IFRS. For FY2026, an interim dividend of 50 yen per share and a year-end dividend of 50 yen per share (totaling 100 yen per share for the full year) are planned. Regarding capital policy, surplus cash will be allocated primarily to share buybacks to enhance capital efficiency. There is potential for share buybacks to be conducted within the fiscal year or around the announcement of the year-end financial results, based on earnings forecasts and year-end result outlook.