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

Performance Overview

For the third quarter of the fiscal year ending March 2026, consolidated revenue was JPY 13.681 trillion, a 1.9% decrease year-over-year. Profit before tax was JPY 819.9 billion, down 32.0%, and quarterly profit was JPY 701.1 billion, down 24.6%. Net income attributable to owners of parent for the quarter was JPY 607.9 billion, a 26.5% decrease. The main factors behind these decreases included the impact of Lawson's application of the equity method, a reversal in securities gains and losses, and impairment losses related to the sale of the Australian raw coal business. Basic earnings per share for the quarter were JPY 158.74.

Financial Position and Dividends

Total assets increased by JPY 2.4457 trillion from the end of the previous fiscal year to JPY 23.9418 trillion. Total equity decreased by JPY 295.1 billion to JPY 9.8593 trillion, resulting in an equity ratio attributable to owners of parent dropping to 38.0%. The number of issued shares increased year-over-year to approximately 4,028.9 million shares, and treasury shares also increased to about 322.9 million shares. An annual dividend of JPY 110 is planned, representing a JPY 10 increase over the previous fiscal year.

Revision of Earnings Guidance

There is no change to the consolidated earnings forecast for the fiscal year ending March 2026. Net income attributable to owners of parent is expected to be JPY 700 billion (a 26.4% decrease YoY). Meanwhile, cash flow from operating activities has been revised upward by 2% from the previous forecast of JPY 900 billion to JPY 920 billion.