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

Performance Overview

For the third quarter of the fiscal year ending March 2026, consolidated net sales amounted to ¥192.102 billion, down 3.1% year-over-year. However, operating income increased 28.6% to ¥12.945 billion, ordinary income rose 38.1% to ¥13.418 billion, and net income attributable to owners of parent for the quarter grew 80.4% to ¥10.923 billion. The decrease in net sales was mainly due to the non-recurrence of a large-scale solar power plant construction project from the previous period, while improved construction profitability and the sale of policy holdings contributed to the profit growth. By segment, the equipment construction business remained the core, with steady progress in indoor wiring work.

Financial Position and Future Outlook

At the end of the third quarter, total assets stood at ¥297.299 billion, down ¥13.261 billion from the previous fiscal year-end, while net assets increased by ¥5.584 billion to ¥142.266 billion. Liabilities decreased ¥18.846 billion due to reductions in both current and fixed liabilities. There are no revisions to the full-year earnings guidance or dividend forecast for the fiscal year ending March 2026, with expectations of net sales of ¥277.0 billion (2.2% year-over-year increase), operating income of ¥20.0 billion (24.7% year-over-year increase), and net income attributable to owners of parent of ¥15.0 billion (39.3% year-over-year increase). Based on the Medium-Term Management Plan 2027, the company will continue pursuing growth fields and strengthening its management foundation, anticipating increased demand for DX and carbon neutrality initiatives.