Fiscal Year Ending March 2026 Q3 Financial Summary [Japanese Standards] (Consolidated)

Performance Overview

For the cumulative consolidated period of the third quarter of the fiscal year ending March 2026, net sales amounted to 388,191 million yen (12.2% YoY increase), operating income was 77,694 million yen (292.1% YoY increase), ordinary income was 83,110 million yen (231.7% YoY increase), and net income attributable to owners of parent was 78,167 million yen (273.9% YoY increase). The main factors include progress into the final phase of the EPC contract revision for the U.S. Golden Pass LNG project and smooth progress of the Qatar North Field East LNG export facility project. Order intake significantly increased to 244,381 million yen (71.7% YoY increase), however, order backlog decreased by 11.2% compared to the previous consolidated fiscal year-end.

Financial Position and Future Outlook

Total assets increased by 20,282 million yen to 481,317 million yen compared to the previous consolidated fiscal year-end, total liabilities decreased by 6,338 million yen to 372,195 million yen, and total net assets amounted to 109,102 million yen, improving the equity ratio to 22.3%. The number of outstanding shares remains unchanged at 260,324,529 shares, while treasury stock decreased to 1,181,110 shares. There are no changes to the full-year earnings guidance or dividend forecast. The assumed exchange rate is 155 yen to 1 USD.