Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Overview of Performance

For the cumulative third quarter period of the fiscal year ending March 2026, net sales increased 15.8% Year-over-Year to 290.8 billion yen, mainly driven by increased sales volume of the new Patrol and new Armada models (up 5.3% YoY to 112,956 units). Operating income rose 356.4% Year-over-Year to 10.2 billion yen due to improved production efficiency, and ordinary income increased 305.8% to 10.9 billion yen. Although a special loss of 2.6 billion yen was recorded due to impairment losses on fixed assets associated with the conversion of the Shonan plant to service parts production, net income attributable to owners of the parent for the quarter was up 217.4% to 5.4 billion yen.

Overview of Financial Position and Future Outlook

Total assets decreased by 8.7 billion yen from the previous consolidated fiscal year-end to 261.2 billion yen, mainly due to a decrease in deposits among current assets. Total liabilities decreased by 11.9 billion yen to 81.4 billion yen, while net assets increased by 3.2 billion yen to 179.7 billion yen, improving the equity ratio to 68.8%. The full-year consolidated earnings forecast has been revised since the May 13, 2025 announcement; please refer to separate disclosed materials for details. The number of shares outstanding remains unchanged at 135,452,804 shares.