Financial Results Briefing for the Fiscal Year Ending March 2026

Financial Results Overview

The consolidated performance for the fiscal year ending March 2026 exceeded the previous fiscal year's results and the revised plan, driven by increased additional repair and maintenance work in routine refurbishments. Notably, steady demand for projects to maintain the stable operation of existing facilities at oil refining and petrochemical plants contributed to the expansion of maintenance sales. Selective orders emphasizing profitability were continued, leading to an improvement in gross profit margin.

Review of the Third Medium-Term Management Plan and Dividend Policy

The fiscal year ending March 2029, the final year of the third medium-term management plan, has revised upward its performance targets to a sales figure of 195.0 billion yen (a +14.0% revision), operating profit of 16.3 billion yen (+19.9%), and net income of 11.2 billion yen (+20.4%). Based on a stable operating cash flow, the Company has announced a new capital allocation policy balancing growth investments to expand capacity and high-level shareholder returns. The annual dividend for the fiscal year ending March 2026 will be at least 117 yen, with the higher of the dividend payout ratio of 60% or a shareholder capital dividend rate of 7% applied to determine the annual dividend, ensuring continued high and stable shareholder returns.