Fiscal Year Ending March 2027 Second Quarter Earnings Presentation

Earnings Overview

In the consolidated results for the second quarter, revenue increased to 5,756 million yen year-on-year, with strong profit growth in the real estate revitalization business offsetting declines in Environmental Solutions and Renewable Energy. Operating income was 712 million yen and ordinary income was 642 million yen, both up year-on-year. Meanwhile, interim net income decreased year-on-year due to the absence of the previous period's gain on sale of Koken Kogyo shares. By segment, the real estate revitalization business made a large contribution, while the renewable energy segment was negatively impacted by weather-related factors and lower power generation.

Outlook and Shareholder Returns

The consolidated full-year forecast is maintained at revenue 13,630 million yen, operating income 1,220 million yen, and net income attributable to owners of parent 690 million yen. The dividend policy continues with a DOE floor of 2%, and capital policies are being implemented with an eye toward the final year of the Medium-Term Management Plan 2030. As of 2Q, segment order status and planned business expansion measures include leveraging brownfield sites and expanding real estate revitalization, and expanding the renewable energy business through business transfers from Next Energy & Resources.