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

Overview of Financial Performance

For the nine months ended March 2026, net sales increased 10.7% year-over-year to 40,931 million yen, operating income rose 24.9% to 3,697 million yen, ordinary income grew 26.6% to 4,342 million yen, and net income attributable to owners of parent for the quarter surged 36.5% to 3,185 million yen. Although order volume declined 20.9% year-over-year, sales increased and profitability improved significantly. By segment, the construction works segment was strong with net sales rising 10.6% and operating income increasing 25.7%; the commercial facility operations segment posted an 18.7% sales increase but operating income decreased 8.0%.

Overview of Financial Position and Outlook

Total assets rose 2.4% from the end of the previous fiscal year to 60,280 million yen, while net assets decreased 1.1% to 40,782 million yen, resulting in an equity ratio decline to 67.5%. The number of issued shares was 24,127,652, down from the previous fiscal year-end. For the full fiscal year ending March 2026, earnings guidance projects net sales of 54,900 million yen (3.3% year-over-year increase), operating income of 5,300 million yen (10.5% increase), and net income attributable to owners of parent of 4,300 million yen (9.3% increase). Dividends are forecasted at 56 yen per share at fiscal year-end, an increase from 45 yen last fiscal year.