2026 Fiscal Year Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Business performance overview

In this interim period, overseas used-car exports, centered in Southeast Asia, performed well aided by the weaker yen, with shipments exceeding projections and sales increasing significantly. Automotive sales-related revenue reached the 22,317 million yen level, with segment profits also rising substantially. Although domestic new-car registrations declined slightly and the spread of Chinese-made EVs had some impact, overall profitability improved. The reuse segment expanded new initiatives such as brand-item purchases, but remains small and continued to incur segment losses.

Outlook and financial position

The full-year consolidated earnings forecast is unchanged from the published outlook. As of the interim period-end, cash and cash equivalents stood at 4,223 million yen, decreasing, while total assets were about 22,710 million yen and the equity ratio was 47.1%, indicating a healthy financial position. In financing activities, increases in short-term borrowings and repayments of long-term borrowings occurred, with noticeable growth in current liabilities. For the interim period, cash flow from operating activities declined due to reduced income, while financing activities provided funds, resulting in a decrease in cash and cash equivalents.