Financial Summary for the Third Quarter of Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Overview of Business Results

Consolidated net sales for the third quarter of the fiscal year ending March 2026 reached 184,412 million yen (1.4% increase YoY), supported by increased air conditioning equipment construction and power generation and transformation equipment construction. Operating income was 12,325 million yen (28.5% increase YoY), driven by sales growth and enhanced construction profitability through stringent cost management. Ordinary income was 12,407 million yen (21.5% increase YoY), and net income attributable to owners of the parent for the quarter was 7,960 million yen (16.9% increase YoY). By segment, sales in the Equipment Construction business were 181,936 million yen (1.4% increase YoY) with segment profit of 11,713 million yen (30.5% increase YoY).

Financial Position and Dividends

Total assets stood at 215,556 million yen, a decrease of 17,997 million yen compared to the previous consolidated fiscal year-end. However, net assets increased by 2,699 million yen to 150,412 million yen, raising the equity ratio to 69.7%. The annual dividend forecast for fiscal year ending March 2026 is 72 yen (an increase of 4 yen from the previous fiscal year), with a year-end dividend of 36 yen planned. The full-year earnings forecast remains unchanged at net sales of 267,000 million yen (3.8% increase YoY), operating income of 16,700 million yen (3.2% increase YoY), and net income attributable to owners of the parent of 12,200 million yen (1.8% increase YoY).