Financial Results for the Second Quarter of the Fiscal Year Ending August 2026 (Interim) [Japanese GAAP] (Consolidated)

Overview of Business Performance

For the second quarter of the fiscal year ending August 2026, consolidated net sales were ¥14,094 million (up 19.1% year on year), operating income was ¥1,473 million (up 11.3% year on year), ordinary income was ¥1,617 million (up 20.3% year on year), and interim net income attributable to owners of the parent was ¥1,180 million (up 27.1% year on year). In Japan, against the backdrop of a recovery trend in public and private investment, the adoption of the implant method progressed mainly in disaster recovery and reconstruction projects as well as national resilience projects. The method was steadily adopted in embankment, revetment, quay wall, and road-related construction works. Overseas, sales expanded in Asia and Europe, and market expansion is accelerating due to the establishment of the comprehensive customer support service "GTOSS."

Performance and Financial Position by Segment

The Construction Machinery segment posted net sales of ¥9,818 million (up 20.9% year on year) and operating income of ¥2,147 million (up 10.9% year on year). While product sales and rentals progressed, rising raw material prices and higher personnel costs pressured profitability. The Press-in Construction segment recorded net sales of ¥4,276 million (up 15.3% year on year) and operating income of ¥502 million (down 0.7% year on year). Although adoption of the method remained solid, a decline in development-type projects resulted in lower profits. Total assets amounted to ¥46,479 million (down ¥1,357 million from the previous fiscal year-end), liabilities were ¥7,036 million (down ¥515 million), and net assets were ¥39,443 million (down ¥841 million). There is no change to the full-year earnings forecast.