Financial Summary for the Fiscal Year Ending March 2026 [Japanese Standards] (Consolidated)

Summary of Performance

The consolidated financial results for the fiscal year ending March 2026 are as follows: net sales of ¥224.09 billion (up 2.0% YoY), operating profit of ¥11.38 billion (up 21.6% YoY), ordinary income of ¥11.45 billion (up 21.7% YoY), and net income attributable to owners of parent of ¥7.36 billion (up 13.1% YoY). The cardboard division experienced decreased sales volume due to declining domestic demand but saw increased sales from higher selling prices. The residential division's sales decreased due to fewer new housing starts, but profit margins improved through reflecting construction costs in sales prices. The transport and warehousing division achieved increased revenue and profit through logistics cost optimization and transportation efficiency improvements.

Outlook and Dividend Policy

For the fiscal year ending March 2027, consolidated earnings are forecasted to be net sales of ¥220.5 billion (down 1.6% YoY), operating profit of ¥12.7 billion (up 11.6% YoY), ordinary income of ¥11.9 billion (up 4.0% YoY), and net income attributable to owners of parent of ¥8.1 billion (up 10.0% YoY). The dividend per share for fiscal year 2026 will be ¥65 (final dividend), decided at the Board of Directors meeting held on May 15, 2026, with a total annual dividend of ¥170, including an interim dividend of ¥85.