Supplementary Materials for Q1 FY2026 Financial Results

Overview of Financial Performance

In the first quarter of FY2026 ending October, net sales increased to JPY 106,549 million (109.5% YoY). Operating income decreased slightly to JPY 9,194 million (98.7% YoY), while net income attributable to owners of parent rose to JPY 5,806 million (112.2% YoY). EBITDA also remained firm at JPY 18,796 million (102.3% YoY). Gross profit margin stood at 25.4%, down 0.8 points from the previous year, and operating margin was 8.6%, down 1.0 point. On the balance sheet, the shareholders' equity ratio declined to 24.3% (down 5.1 points YoY), and the net debt-to-equity ratio increased to 1.76x (up 0.87x YoY), indicating higher financial leverage.

Segment Performance and Business Trends

By segment, domestic parking operations achieved net sales of JPY 52,557 million (109.8% YoY), the mobility business posted JPY 32,750 million (110.5% YoY), and overseas parking operations reached JPY 22,795 million (105.8% YoY). Operating income grew to JPY 9,598 million (103.5% YoY) in domestic parking operations, while the mobility business declined to JPY 2,821 million (89.4% YoY). Overseas parking operations posted an operating income of JPY 206 million, turning profitable from a loss in the previous year. Capital expenditures were actively executed at JPY 16,002 million (138.1% YoY), notably increasing in domestic parking and mobility businesses.