Financial Summary [Japanese Standards] (Consolidated) First Quarter of the Fiscal Year Ending May 9, 2026

Overview of Business Results

For the first quarter, revenue was 3,032,987 thousand yen, operating loss was 81,532 thousand yen, ordinary loss was 600,106 thousand yen, and quarterly net loss was 591,790 thousand yen. By segment, the mobile communications-related segment recorded revenue of 2,439,546 thousand yen and segment profit of 42,363 thousand yen; the real estate segment recorded revenue of 371,829 thousand yen; the resort segment recorded revenue of 3,020,123 thousand yen and together accounted for 162,428 thousand yen in segment profit. The financial summary emphasizes significant uncertainty regarding the financial structure and important subsequent events related to the restructuring plan; the decision to commence corporate reorganization proceedings and the actions of the trustee will affect future financial condition.

Future Policy and Outlook

Aiming to stabilize finances and maintain listing, the company intends under the supervision of the trustee in corporate reorganization proceedings to strengthen governance, reduce expenses, and implement business restructuring. Specifically, plans include improving profitability of the mobile business, optimizing assets including sale of real estate, enhancing resort business customer attraction, and stabilizing capital through seeking sponsors. Obtaining approval for the reorganization plan will be the focus going forward.