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

Summary of Performance

For the cumulative third quarter period of the fiscal year ending March 2026 (April 1, 2025 to December 31, 2025), net sales amounted to 54,846 million yen (2.6% decrease YoY), operating income was 3,841 million yen (15.7% decrease YoY), ordinary income was 4,089 million yen (16.2% decrease YoY), and net income attributable to owners of parent for the quarter was 2,897 million yen (9.0% decrease YoY). The business environment remained severe, affected by high construction material prices, labor shortages, and international risks including the situation in Ukraine. By segment, net sales in the Asphalt Applied Processing Products segment were 18,802 million yen (7.8% decrease YoY), with segment profit of 2,912 million yen (24.3% decrease YoY). Net sales in the Road Paving segment were 35,812 million yen (0.4% increase YoY), with segment profit of 2,790 million yen (6.4% decrease YoY). Other segments posted net sales of 230 million yen (5.6% decrease YoY) and segment profit of 357 million yen (62.1% increase YoY).

Financial Position and Dividend Status

Total assets increased by 94 million yen from the previous consolidated fiscal year-end to 112,462 million yen, net assets rose by 181 million yen to 77,501 million yen, and the equity ratio stood at 68.9%. The annual dividend forecast for the fiscal year ending March 2026 is set at 80 yen (40 yen at year-end), an increase from 75 yen in the previous period. The full-year earnings forecast remains unchanged, anticipating net sales of 80,000 million yen (5.6% increase YoY), operating income of 7,000 million yen (11.7% increase YoY), and net income attributable to owners of parent of 4,900 million yen (1.1% increase YoY).