Financial Summary for Fiscal Year Ending March 2026

Performance Overview

For the fiscal year ending March 2026, net sales reached 734.7 billion yen (+7% YoY), stock profit was 186.3 billion yen (+11%), and operating profit was 116.6 billion yen (+11%). Profit before tax was 199.0 billion yen (+32%), including exchange rate gains of 24.5 billion yen. Net income attributable to owners of parent was 151.0 billion yen (+28%), and comprehensive income set a new record at 306.0 billion yen (+88%). Total assets increased by 29.6% YoY to 1,185.6 billion yen, strengthening the financial foundation.

Segment Profit & Cash Flows

Increase in holdings was observed in electricity, gas, insurance, and beverage businesses, with M&A contributions remaining at 2%, but overall stock profit was boosted. Segment operating profit reached 116.6 billion yen, up 11% YoY, and cash flows are also on an upward trend. Dividends and interest received increased by 22% YoY, supporting a stable income base.

Shareholder Returns & Capital Efficiency

The dividend yield rose by 2 points to 4.3%, demonstrating an active shareholder return policy. Return on equity (ROE) remains high at 18.8%. The number of subsidiaries applying the equity method is 42, with some changes in voting rights ratios.

Earnings Outlook for Fiscal Year Ending March 2027

Forecasts for FY2027 include net sales of 775.0 billion yen (+5% YoY), stock profit of 201.5 billion yen (+8%), and operating profit of 130.0 billion yen (+11%). Conversely, profit before tax is expected to decline by 10% to 177.5 billion yen, and net income attributable to owners of parent is projected to decrease by 20% to 120.0 billion yen, reflecting anticipated impacts from exchange rate losses.