Fiscal Year Ending March 2026 Financial Presentation Materials

Performance Overview

For the fiscal year ending March 2026, net sales were 126.7 billion yen (YoY +7.3%), supported by an increase in the number of units sold in the automobile sales business. Operating income was 6.7 billion yen (YoY △8.3%), impacted by increased depreciation expenses due to expanded capital investment in the passenger automobile business and improved employee benefits. Net income was 3.6 billion yen (YoY △28.8%), affected by the reversal of part of deferred tax assets recorded in the previous fiscal year. By segment, net sales in the passenger automobile business were 57.9 billion yen (+0.6 billion yen) with operating income of 2.2 billion yen (△0.5 billion yen). The real estate business recorded net sales of 6.8 billion yen (+0.1 billion yen) with operating income of 1.5 billion yen (△0.5 billion yen). The automobile sales business had net sales of 44.9 billion yen (+6.3 billion yen) and operating income of 1.6 billion yen (+0.2 billion yen). Other businesses had net sales of 30.1 billion yen (△0.6 billion yen) with operating income of 1.6 billion yen (+0.2 billion yen).

Earnings Guidance and Dividend Forecast for Fiscal Year Ending March 2027

The consolidated earnings forecast for the fiscal year ending March 2027 anticipates net sales of 129.7 billion yen (YoY +2.3%), operating income of 6.2 billion yen (YoY △8.5%), and net income of 3.7 billion yen (YoY +3.0%). An increase in net sales is expected due to promotion of condominium sales, while a decrease in operating income is forecast due to reduced sales volume of trucks and buses. Net income is projected to increase reflecting reduced impairment losses and gains from sales of investment securities. Dividends are planned at 90 yen per share, unchanged from the previous fiscal year, with a consolidated payout ratio of 29.6%.