Fiscal Year Ending March 2027 Second Quarter Financial Presentation

Performance Overview

The second quarter results were revenue of 3,921 million yen, gross profit of 1,385 million yen, and operating income of 266 million yen, representing a 7.0% decline in revenue and a 33.1% decline in operating income year-over-year. The main causes were a significant reduction in print media advertising and a slowdown in housing-related advertising. While high-margin services such as internet advertising grew, they were not enough to offset the overall impact. Depreciation expense of 61 million yen was recorded due to a revision of the asset retirement obligation estimate.

Outlook and Shareholder Returns

There is no change to the full-year forecast. In the second half, the company aims to achieve targets through securing large projects in the real estate business and capturing year-end demand. An interim dividend of 12 yen is planned. The shareholder return policy targets the higher of DOE 6% or a 50% payout ratio, and share buybacks will continue.