Financial Summary for the Second Quarter (Interim) of Fiscal Year Ending August 2026 [Japanese GAAP] (Consolidated)

Summary of Business Results

In the second quarter of the fiscal year ending August 2026, net sales amounted to 15,180 million yen (2.1% YoY increase), while operating income was 1,301 million yen (9.5% YoY decrease), ordinary income was 563 million yen (49.4% YoY decrease), and net income attributable to owners of parent was 357 million yen (34.6% YoY decrease). In the renewable energy business, the industrial solar power contracting segment progressed steadily; however, sales in the non-FIT solar power plant development segment fell short of plan. The energy storage business recorded net sales of 3,046 million yen and operating income of 911 million yen amid market expansion. The energy-saving business secured stable income driven by increased contracts for LED lighting and air conditioning equipment. The power business achieved net sales of 2,765 million yen and operating income of 54 million yen due to an increase in non-FIT power plant developments as green power procurement sources.

Financial Position and Dividend Status

Total assets stood at 146,042 million yen (a decrease of 2,504 million yen from the previous consolidated fiscal year-end), and net assets amounted to 34,735 million yen (a decrease of 1,802 million yen from the previous fiscal year-end). The equity ratio was 23.5%. Dividends are forecast at 35 yen at the end of the second quarter, with a full-year forecast of 70 yen, with no revisions announced. The number of shares outstanding remains unchanged at 46,027,488 shares.