FY3/2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Business Performance

The consolidated results for the third quarter of the fiscal year ending March 2026 recorded net sales of JPY 159.5091 billion (14.0% increase YoY), operating income of JPY 16.363 billion (65.4% increase YoY), ordinary income of JPY 17.394 billion (62.1% increase YoY), and net income attributable to owners of parent for the quarter of JPY 11.437 billion (60.7% increase YoY). Orders received totaled JPY 166.944 billion (5.2% increase YoY). The decline in large-scale power construction contracts was offset by increases in general electrical construction, information and communications construction, and environmental plant construction projects. Profitability improved due to better project margins and improvements in workplace environment and employee treatment.

Financial Position and Dividend Status

Total assets stood at JPY 203.308 billion, net assets at JPY 130.69 billion, and the equity ratio improved to 61.3% compared to the previous year. The dividend for the end of the second quarter of fiscal year ending March 2026 is planned at JPY 78 per share, with the annual dividend forecast at JPY 78, a decrease from JPY 146 in the previous year.

Full-Year Earnings Forecast

The full-year earnings forecast anticipates net sales of JPY 218.0 billion (7.1% increase YoY), operating income of JPY 21.0 billion (17.4% increase YoY), ordinary income of JPY 22.3 billion (17.9% increase YoY), and net income attributable to owners of parent of JPY 15.0 billion (17.2% increase YoY). There are no revisions from the forecast announced on October 30, 2025.