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

Overview of Business Performance

For the cumulative third quarter of the fiscal year ending March 2026, consolidated results were as follows: net sales of JPY 192,686 million (up 4.5% YoY), operating income of JPY 16,142 million (up 25.4% YoY), ordinary income of JPY 16,669 million (up 25.9% YoY), and net income attributable to owners of the parent for the quarter of JPY 12,708 million (up 40.4% YoY). Quarterly net income per share rose significantly to JPY 193.78 compared to the same period last year. Comprehensive income also performed well at JPY 13,595 million (up 42.2% YoY). By segment, the housing equipment business, the core segment, recorded net sales of JPY 192,489 million and operating income of JPY 15,968 million.

Financial Position and Capital Policy

Total assets slightly increased to JPY 278,420 million compared to the same period last year, while net assets decreased to JPY 191,337 million and the equity ratio declined to 68.7%. This was impacted by a significant increase in treasury stock to 3,905,064 shares (compared to 10,327 shares a year earlier) due to share buyback. The treasury stock acquisition was carried out based on the board resolution on May 8, 2025, conducted from May 9, 2025 to February 20, 2026, with 3,894,700 shares acquired by the end of the third quarter (purchase cost JPY 10,150 million). The annual dividend forecast is JPY 100.00, an increase from JPY 78.00 paid in the previous fiscal year.