Financial Summary for the First Quarter of the Fiscal Year Ending June 2027 [Japanese GAAP] (Consolidated)

Overview of Results

In the first quarter, consolidated revenue increased substantially to 1,387,584 thousand yen (up 34.7% year-over-year). Operating income returned to profit at 123,948 thousand yen, ordinary income was 95,265 thousand yen, and net income attributable to owners of parent for the quarter was 53,939 thousand yen, also returning to profit. Both the water-related and energy-related segments contributed to improved overall profitability due to an increase in backlog and the effects of newly acquired subsidiary SKE.

Future Strategy and Impact

The company has formulated the medium-term management plan "FLIGHT PLAN: TRANSFORM (REBOOT) 2029." In addition to reforming existing businesses, the plan promotes structural transformation through M&A and strengthening of human capital. The consolidation impact from acquiring all shares of SKE is expected to contribute to the transition into a comprehensive water-treatment company and expand business areas. Full-year forecasts remain unchanged, with order trends in the second half and movements in raw material and energy costs being key factors.