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

Overview of Performance

For the nine-month cumulative period, revenue was 4,329,400 thousand yen (YoY +59.1%), EBITDA was 995,002 thousand yen (YoY +353.8%), operating income was 457,903 thousand yen, ordinary income was 413,654 thousand yen, and net income attributable to owners of parent for the quarter was 410,743 thousand yen, turning profitable. Expansion of domestic core services centered on IoP Cloud contributed to achieving profitability on a quarterly basis. The company reports a single segment, IoP Cloud, and changes in the scope of consolidation, such as the exclusion of AdMedica and others, are reflected.

Financial Position and Outlook

Total assets amounted to 6,974,811 thousand yen and net assets were 4,016,764 thousand yen, resulting in a shareholders' equity ratio of 52.1%. Shareholders' equity increased due to factors including an increase in stock acquisition rights. According to supplemental materials, the company revised its forecast announced on July 14, 2026, raising full-year revenue to 5,700 hundred million yen, EBITDA to 1,200 hundred million yen, net income to 300 million yen, and earnings per share to 11.03 yen. Forecasts have been adjusted in line with the progress of results.