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

Overview of Results

For the cumulative third quarter period of the fiscal year ending February 2026 (March 1, 2025 to November 30, 2025), operating revenue was ¥182.416161 billion (3.3% YoY increase), operating income was ¥12.626 billion (0.8% YoY increase), ordinary income was ¥13.109 billion (1.9% YoY increase), and net income attributable to owners of parent was ¥8.077 billion (0.9% YoY decrease). Increased tourism in Okinawa Prefecture and price hikes amid inflation contributed to sales growth, while labor shortages and cost increases posed challenges on the profit front.

Financial Position and Dividend Status

Total assets increased to ¥211.153 billion compared to the previous fiscal year-end, and net assets increased to ¥158.112 billion; however, the equity ratio declined to 72.8% from 78.7% at the previous fiscal year-end. The forecast dividend for the fiscal year ending February 2026 is ¥100 per share, up from ¥80 in the previous fiscal year, representing a planned dividend increase.

Full-year Earnings Guidance

The full-year earnings forecast for the fiscal year ending February 2026 anticipates operating revenue of ¥247.876 billion (4.5% increase year-over-year), operating income of ¥17.227 billion (1.8% increase), ordinary income of ¥17.796 billion (1.9% increase), and net income attributable to owners of parent of ¥11.05 billion (4.0% decrease). There are no changes to the earnings forecast.