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

Overview of Performance

In the fiscal year ending March 2026, consolidated operating revenue was JPY 264,714 million (1.5% increase YoY), operating income was JPY 39,945 million (15.2% increase YoY), ordinary income was JPY 37,763 million (6.1% increase YoY), and net income attributable to owners of parent was JPY 25,135 million (11.5% increase YoY). The transportation segment benefited from the Osaka-Kansai Expo effect and expanded inbound demand, while the real estate, distribution, and leisure/service segments also recorded increases in both revenue and profit. Although operating revenue declined in the construction segment, operating income increased due to improved profit margins. On April 1, 2026, the railway business was spun off and the company name changed to NANKAI Electric Railway Co., Ltd.

Financial Position and Future Outlook

Total assets amounted to JPY 1,065.1 billion (an increase of JPY 84.086 billion YoY), total liabilities were JPY 711.015 billion (up JPY 59.865 billion YoY), and total net assets were JPY 354.085 billion (up JPY 24.220 billion YoY), resulting in an equity ratio of 31.3%. Cash flows showed net inflow of JPY 47.535 billion from operating activities, net outflow of JPY 56.825 billion from investing activities, and net inflow of JPY 5.976 billion from financing activities. For the fiscal year ending March 2027, consolidated earnings are forecasted as operating revenue of JPY 287.5 billion (8.6% increase YoY), operating income of JPY 40 billion (0.1% increase YoY), ordinary income of JPY 35.9 billion (4.9% decrease YoY), and net income attributable to owners of parent of JPY 23.8 billion (5.3% decrease YoY).