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

Overview of Business Results

For the fiscal year ending March 2026, consolidated net sales totaled 162,254 million yen (up 4.7% YoY), operating income was 10,926 million yen (up 6.3% YoY), ordinary income was 10,998 million yen (up 6.6% YoY), and net income attributable to owners of parent was 7,652 million yen (up 14.9% YoY). We achieved revenue and profit growth in multiple segments including our core automotive leasing business, chemical business, parking business, machinery and tools sales business, and agriculture-related business. Notably, the agriculture-related business performed strongly with net sales of 19,635 million yen (up 11.7% YoY) and segment profit of 1,453 million yen (up 24.3% YoY). Conversely, the synthetic resin business experienced a profit decline due to decreased sales of gaming machine components.

Overview of Financial Position and Cash Flows

As of the end of the fiscal year ending March 2026, total assets were 211,603 million yen, an increase of 6,232 million yen from the previous fiscal year, and net assets were 72,145 million yen, up 6,749 million yen. The equity ratio improved to 33.8%. Cash flows from operating activities were positive at 9,451 million yen, increasing from the previous fiscal year. Although cash flows from investing and financing activities were negative, the cash and cash equivalents balance at period-end rose to 10,635 million yen.

Outlook

For the fiscal year ending March 2027, consolidated earnings forecasts anticipate net sales of 173,000 million yen (up 6.6% YoY), operating income of 11,500 million yen (up 5.2% YoY), ordinary income of 10,780 million yen (down 2.0% YoY), and net income attributable to owners of parent of 6,910 million yen (down 9.7% YoY). The automotive leasing segment plans to enhance profitability by leveraging integration effects, while sales expansion will be pursued in the chemical and parking businesses. In the agriculture-related business, efforts will focus on profitability improvement through development of large-scale farms and promoting sixth-sector industrialization.

Business Expansion Through M&A

On June 1, 2026, we plan to acquire shares of Mitsubishi Corporation Agri-Service Co., Ltd. and MC Ferticom Co., Ltd., making them subsidiaries. This aims to strengthen procurement capabilities for fertilizer raw materials and integrate product development strengths to enhance competitiveness and expand market share in the agriculture-related business. The acquisition-related costs and goodwill amounts are currently undetermined.