Fiscal Year Ending May 2027 First Quarter Financial Summary [Japanese GAAP] (Consolidated)

Overview of Results

In the first quarter, revenue totaled 43,100 thousand yen (YoY -13.2%), operating loss was -15,299 thousand yen, ordinary loss was -16,741 thousand yen, and quarterly net loss attributable to owners of parent was -16,813 thousand yen. Although revenue declined due to upfront investments such as launching new services and strengthening organizational structure, the magnitude of losses narrowed compared to the prior year same period. Supplementary financial presentation materials have been prepared, and future earnings guidance will be disclosed when it can be reasonably estimated. The company will continue to execute its listing maintenance plan and intends to pursue capital and business investment in growth areas while strengthening governance.

Financial Position and Outlook

Current assets were 534,917 thousand yen, total liabilities were 320,348 thousand yen, and net assets were 291,661 thousand yen. The equity ratio was 47.7%. The quarterly financial statements received an interim review by the audit firm, and there are no specific notes regarding the assumption of going concern. However, full-year earnings forecasts are TBD, and due to many uncertain factors the company has refrained from publishing numerical guidance at this time.