Fiscal Year Ending March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Performance Overview

For the third quarter of the fiscal year ending March 2026, consolidated net sales amounted to ¥499,267 million (7.5% YoY increase), operating income was ¥51,957 million (69.2% YoY increase), ordinary income was ¥55,850 million (65.1% YoY increase), and quarterly net income attributable to owners of parent was ¥40,257 million (64.8% YoY increase), all significantly exceeding the same period last year. Segment performance also showed increased revenue and profit, with completed contract amount reaching ¥412.72 billion (3.5% YoY increase) and operating income at ¥46.94 billion (72.3% YoY increase). Backlog of orders grew 22.0% YoY to ¥623.57 billion, with increased orders from Kansai Electric Power Group and general customers. By construction type, all categories showed growth including distribution construction, general electrical work, information and communication construction, environment-related work, and other electric power works.

Financial Position and Future Outlook

Total assets increased 3.4% year-on-year to ¥849.56 billion, net assets rose 5.0% to ¥629.93 billion, resulting in an equity ratio of 74.1%. While current assets declined, the increase in fixed assets drove the total asset growth. Liabilities slightly decreased, maintaining a stable financial base. The full-year performance forecast for the fiscal year ending March 2026 has been revised upward to net sales of ¥750.0 billion (6.4% YoY increase), operating income of ¥84.0 billion (37.8% YoY increase), and net income attributable to owners of parent of ¥65.5 billion (38.6% YoY increase). Dividend forecasts also indicate an expected increase.