Publication of Q&A Summary Regarding the 3rd Quarter Earnings Presentation (Telephone Conference) for the Fiscal Year Ending May 2026

Overview of Performance

At the fiscal year ending May 2026 Q3 earnings presentation, the strong orders in March were explained as mainly due to increased contract rates from securing and training personnel, as well as an increase in prospective buyers amidst the trend of rising interest rates. In the real estate segment, the increase in procurement of premium land in the detached house development business contributed to improved capital turnover and maintenance of high profit margins, while procurement of premium properties also contributed to the improvement of operating profit margins in the office condominium sales business. Regarding the price increase of building materials, although some manufacturers have requested adjustments, the company is making appropriate adjustments and striving to secure materials.

Shareholder Returns and Future Outlook

The recent decision to reduce the dividend was carefully made considering the current business environment and future investment balance from the perspective of capital allocation. The dividend per share was set at 125 yen as a measure to firmly implement initiatives to strengthen the sales structure and improve profitability. Going forward, the company plans to proceed with rebuilding the business foundation aimed at a V-shaped recovery of earnings and invest in medium- to long-term growth while striving to expand orders and performance.