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

Overview of Business Performance

During the cumulative third quarter period of the fiscal year ending March 2026 consolidated, operating revenue amounted to 69.304 billion yen (up 11.4% YoY), net operating revenue was 66.652 billion yen (up 9.5% YoY), ordinary income stood at 15.361 billion yen (up 28.4% YoY), and net income attributable to owners of parent for the quarter was 11.779 billion yen (up 23.8% YoY). Commission revenue was 44.84 billion yen (up 17.1% YoY), reflecting increases in entrustment commissions as well as underwriting, secondary offerings, and solicitations for specific investor sales. Although trading income decreased, financial income improved, and selling, general and administrative expenses amounted to 53.733 billion yen (up 6.3% YoY) due to increases in personnel expenses and transaction-related costs.

Overview of Financial Position and Earnings Guidance

Total assets stood at 1.245082 trillion yen, decreasing compared to the previous consolidated fiscal year-end, while net assets increased to 219.293 billion yen, resulting in an improved equity ratio of 17.6%. Regarding earnings guidance, due to the nature of the financial instruments business and its sensitivity to market fluctuations, no forecast for the fiscal year ending March 2026 is disclosed. Dividend forecasts are also undecided.