Fiscal Year Ending March 2026 Q3 Financial Summary [Japan GAAP] (Consolidated)

Overview of Performance

For the cumulative third quarter period of the fiscal year ending March 2026, consolidated business results showed net sales of 38,153 million yen, a 7.8% decrease year-over-year, operating income of 3,858 million yen, a 9.5% decrease year-over-year, ordinary income of 4,435 million yen, a 9.3% decrease year-over-year, and net income attributable to owners of parent of 3,519 million yen, a 6.6% decrease year-over-year. While sales in the Special Vehicle segment declined by 13% year-over-year, the Parts and Repair segment increased by 12%, and other segments also grew by 12%. Despite some quarters showing operating income growth due to manufacturing process reviews and cost improvements amid a challenging management environment, overall results were a decrease in income.

Financial Position and Dividend Status

At the end of the third quarter of the fiscal year ending March 2026, total assets amounted to 86,293 million yen, net assets stood at 71,706 million yen, and the equity ratio was 83.1%, with decreases in total and net assets compared to the previous year-end. Regarding dividends, the annual dividend forecast for the fiscal year ending March 2026 is 60 yen (a 5 yen increase from the previous year), with a planned interim dividend of 30 yen. The full-year earnings guidance remains unchanged at net sales of 61,000 million yen (2.9% increase year-over-year), operating income of 7,600 million yen (2.1% increase year-over-year), and net income attributable to owners of parent of 6,500 million yen (2.6% increase year-over-year).