2027 Fiscal Year Q2 Interim Financial Summary (Japanese GAAP, Non-Consolidated)

Overview of Results

For the current interim period, net sales were 907 million yen, down 29.4% YoY. Operating loss was 250 million yen, ordinary loss was 267 million yen, and interim net loss was 185 million yen, continuing the deficit. By segment, Storage/Facility Management achieved 632 million yen in net sales with a segment loss of 76 million yen; Development and Subdivisions achieved 260 million yen in net sales with a segment profit of 22 million yen; Other Real Estate Transactions achieved 14 million yen in net sales with a segment profit of 8 million yen. Cash and deposits were 716 million yen, total assets 5,571 million yen, and equity ratio declined to 19.3%.

Financial Position and Cash Flows

As of the interim period end, current assets were 3,974 million yen, fixed assets 1,597 million yen, total assets 5,571 million yen. Liabilities totaled 4,498 million yen, net assets 1,073 million yen. Cash flows: operating activities negative 1,101 million yen, investing activities negative 240 million yen, financing activities positive 1,139 million yen, resulting in net cash increase. At period end, cash and cash equivalents were in the 700 million yen range. Looking ahead, cash generation will be influenced by market environment opacity as well as construction and labor costs.