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

Overview of Business Performance

For the second quarter of the fiscal year ending May 2026, consolidated net sales were JPY 68,323 million (10.2% increase YoY), operating income was JPY 3,385 million (24.0% increase YoY), ordinary income was JPY 3,396 million (31.1% increase YoY), and net income attributable to owners of parent was JPY 2,508 million (47.1% increase YoY). By segment, net sales in the Civil Engineering segment were JPY 19,129 million (4.3% increase YoY) showing an improving trend from a loss of JPY 137 million, the Architecture segment recorded net sales of JPY 47,181 million (26.4% increase YoY) and a significant profit increase to JPY 3,229 million (107.4% increase YoY). The Real Estate segment saw net sales of JPY 668 million (85.9% decrease YoY) with a decline in profit, while the Energy segment was solid with net sales of JPY 1,974 million (9.3% increase YoY) and profit of JPY 965 million (4.3% increase YoY).

Financial Position and Dividend Status

Total assets stood at JPY 150,727 million (JPY 140,649 million in the previous fiscal year), and net assets were JPY 68,335 million (JPY 66,429 million in the previous fiscal year), resulting in a slight decline in the equity ratio to 45.2% (47.1% in the previous fiscal year). The interim dividend was JPY 10 per share (same as previous fiscal year), with a forecasted year-end dividend of JPY 12 and total annual dividend of JPY 22, maintaining the same level as the previous fiscal year.