FY2026 March End Q3 Financial Summary [Japanese GAAP] (Consolidated)

Performance Overview

For the consolidated cumulative period of Q3 in the fiscal year ending March 2026, net sales significantly increased to ¥61,200 million (23.0% increase YoY). Operating income rose to ¥4,420 million (86.5% increase YoY), ordinary income to ¥4,618 million (86.2% increase YoY), and net income attributable to owners of parent for the quarter increased substantially to ¥3,038 million (96.5% increase YoY). The order backlog was maintained at a high level of ¥58,982 million, a 0.4% increase YoY, with steady orders in slope works, foundation and ground improvement works, and repair works. The improvement in profit margins was due to continued company-wide cost control.

Financial Position and Outlook

Total assets amounted to ¥59,671 million (an increase of ¥2,725 million from the previous fiscal year-end), net assets were ¥36,359 million (an increase of ¥1,791 million), and the equity ratio remained stable at 60.5%. Liabilities increased to ¥23,311 million compared to the previous fiscal year-end, primarily due to an increase in electronically recorded obligations. There is no revision to the full fiscal year earnings forecast for the fiscal year ending March 2026, with net sales projected at ¥76,000 million, operating income at ¥5,000 million, and net income attributable to owners of parent at ¥3,350 million. In the fourth quarter, the company will continue to focus on securing orders and reducing costs to build a stable earnings base.