Fiscal Year Ending March 2026 Financial Summary [Japan GAAP] (Consolidated)

Overview of Business Performance

For the fiscal year ending March 2026, consolidated results showed net sales of ¥50,855 million (up 20.9% YoY), operating income of ¥15,109 million (up 14.5% YoY), ordinary income of ¥12,980 million (up 11.4% YoY), and net income attributable to owners of parent of ¥11,032 million (up 15.3% YoY). The Building business recorded net sales of ¥46,236 million (up 21.7% YoY) and operating income of ¥14,657 million (up 12.7% YoY), driven by increased rental income and a significant rise in property sale revenue. The Asset Management business also posted revenue and profit growth, with net sales of ¥4,619 million (up 13.3% YoY) and operating income of ¥2,737 million (up 16.2% YoY).

Overview of Financial Position and Cash Flows

At the end of the fiscal year, total assets stood at ¥451,838 million (an increase from the previous year), liabilities at ¥325,075 million (also increased), and net assets at ¥126,763 million (increased). Interest-bearing debt was ¥272,683 million, exhibiting an upward trend. Cash flows from operating activities increased by ¥14,852 million, cash flows from investing activities decreased by ¥26,470 million, and cash flows from financing activities increased by ¥10,802 million. As a result, cash and cash equivalents totaled ¥24,425 million, a slight decrease compared to the previous fiscal year.

Outlook and Dividend Policy

For the fiscal year ending March 2027, consolidated earnings forecasts anticipate net sales of ¥63,800 million (up 25.5% YoY), operating income of ¥15,800 million (up 4.6% YoY), ordinary income of ¥13,000 million (up 0.2% YoY), and net income attributable to owners of parent of ¥11,500 million (up 4.2% YoY). Regarding dividends, the annual dividend for FY2026 is set at ¥98 per share (ordinary dividend ¥83, special dividend ¥15), representing a ¥12 increase. A dividend of ¥103 per share is planned for FY2027, aiming for the 10th consecutive year of dividend increases.