FY2026 March 3Q Financial Summary [Japanese GAAP] (Consolidated)

Performance Overview

In the consolidated cumulative third quarter period of FY2026 March, net sales were 103,302 million yen (13.7% increase YoY), operating income was 10,847 million yen (11.0% increase YoY), ordinary income was 11,981 million yen (9.8% increase YoY), and net income attributable to owners of parent for the quarter was 9,020 million yen (14.2% increase YoY). Order backlog was 125,777 million yen (10.5% increase YoY), with notable increases in orders related to nuclear power plant restarts and new and replacement LNG thermal power plant construction. By segment, net sales in the Construction segment were 33,742 million yen (14.6% increase YoY), and the Repair segment recorded 69,559 million yen (13.2% increase YoY), with a significant increase in profit in the Construction segment.

Financial Position and Outlook

Total assets stood at 165,984 million yen, net assets at 124,661 million yen, with the equity ratio improving to 74.2% compared to the previous year. The number of shares outstanding increased to 65,195,940 shares following a 3-for-1 stock split on October 1, 2025. The annual dividend forecast is 70.00 yen (Fiscal Year-End), which corresponds to 210.00 yen when not adjusted for the stock split. There are no changes to the full-year consolidated earnings forecast, expecting net sales of 143,000 million yen (13.8% increase YoY), operating income of 15,000 million yen (15.1% increase YoY), and net income attributable to owners of parent of 10,600 million yen (8.7% increase YoY).