Supplementary Materials for First Half Financial Results for the Fiscal Year Ending March 2027

Summary of Financial Results

For the first half cumulative period of the fiscal year ending March 2027, revenue was 112.8 hundred million yen, a 30.4% increase year-on-year. Operating income exceeded the first-half plan but decreased versus the same period last year. The main causes were higher procurement costs in retail and trading, reduced sales volume due to a cooler summer, and rising costs in overseas operations. In the second half, the company will pursue securing profitability in retail and trading, reducing overseas business costs, and cutting selling, general and administrative expenses.

Second-Half Measures and Outlook

In the second half, the company aims to improve profitability through margin-enhancing plan changes, utilization of lower-cost procured power, and price negotiations and cost reductions overseas. It will also focus on progress in growth projects such as the Hau Giang Vietnam project and expansion of the battery storage business. Considering the impact including IFRS adjustment items, the company will accelerate company-wide SG&A reductions.