Notice Regarding Consolidated Earnings Outlook for the Second Quarter (Interim) of the Fiscal Year Ending March 2027

Overview of the Earnings Outlook

We disclose the consolidated earnings outlook for the second quarter of the fiscal year ending March 2027. We forecast revenue of 3,460 million yen, net operating revenue of 3,382 million yen, operating income of 187 million yen, ordinary income of 340 million yen, and interim net income attributable to owners of parent of 136 million yen. A substantial decrease is expected compared with the same period last year. Primary factors include delayed macroeconomic recovery, market environment fluctuations, and weak trading values.

Background of the Differences and Future Outlook

Despite improvements in employment and income conditions and wage increases during the interim period, geopolitical risks and rising prices have suppressed consumer spending. Although trading values for equities and the like at Nissan Securities increased year-on-year, commissions received decreased due to sluggish trading in precious metals futures markets and weak overall market activity. Financial income increased, but overall a significant decrease year-on-year is forecast. No extraordinary gains are expected to be recorded; aside from the recording of special retirement payments, tax burdens have decreased.