Financial Summary for the First Quarter of Fiscal Year Ending March 2027

Overview of Financial Performance

ZENRIN reported net sales of 13,726 million yen (△3.3% YoY) in the first quarter of fiscal year ending March 2027, with an operating loss of 1,011 million yen, an ordinary loss of 871 million yen, and a net loss attributable to owners of the parent of 241 million yen. Sales decreased year-over-year due to declines in sales of residential map data and navigation data, and increased expenses contributed to the widening of losses. Total assets stood at 70,268 million yen, with a solid equity ratio of 68.3%, although net assets decreased to 48,142 million yen. The full-year forecast remains unchanged.

Outlook and Impact on Investors

ZENRIN continues to invest in high-precision map data and strengthening its service infrastructure, pursuing a long-term growth strategy. Although short-term sales declines and widening losses are expected to persist, the full-year forecast remains unchanged, and opportunities exist for further digital transformation and new business development. Investors should consider the company's solid financial foundation and long-term growth strategy, maintaining close monitoring.