Financial Summary for the Fiscal Year Ending March 2026〔Japanese Standards〕(Consolidated)

Overview of Performance

For the fiscal year ending March 2026, consolidated results recorded net sales of JPY 209,844 million (17.2% YoY increase), operating income of JPY 12,879 million (21.2% YoY increase), ordinary income of JPY 13,175 million (32.4% YoY increase), and net income attributable to owners of parent of JPY 9,136 million (33.3% YoY increase). The Environmental Engineering Business, Operations Business, and Overseas Business performed strongly, with order intake and backlog exceeding the previous year. Foreign exchange gains of JPY 621 million from yen depreciation are included in ordinary income.

Segment Performance

The Environmental Engineering Business posted net sales of JPY 58,475 million (11.7% YoY increase) and operating income of JPY 4,543 million (92.3% YoY increase), representing significant growth in both revenue and profit. The System Solutions Business recorded net sales of JPY 61,154 million (6.9% YoY increase) but operating income decreased to JPY 2,625 million (23.3% YoY decrease), with profit declining despite sales growth. The Operations Business had net sales of JPY 33,455 million (5.2% YoY increase) and operating income of JPY 2,425 million (9.3% YoY increase). The Overseas Business experienced substantial growth with net sales of JPY 56,759 million (50.4% YoY increase) and operating income of JPY 3,285 million (25.3% YoY increase).

Financial Position and Cash Flow

Total assets increased to JPY 220,292 million YoY, net assets rose to JPY 94,150 million, and the equity ratio was 40.6%. Cash flows from operating activities were positive at JPY 15,132 million (increased YoY), cash flows from investing activities were negative JPY 17,027 million (decreased YoY), and cash flows from financing activities were negative JPY 7,165 million (decreased YoY).

Dividend Status

For the fiscal year ending March 2026, the annual dividend was JPY 35 (year-end only), aggregating JPY 3,056 million in total dividends, with a payout ratio of 33.4% and a return on net assets of 3.6%. The forecast for the fiscal year ending March 2027 is an annual dividend of JPY 40 (year-end JPY 40).

Consolidated Earnings Forecast for Fiscal Year Ending March 2027

The consolidated earnings forecast for the fiscal year ending March 2027 anticipates net sales of JPY 240,000 million (14.4% YoY increase), operating income of JPY 15,000 million (16.5% YoY increase), ordinary income of JPY 14,500 million (10.1% YoY increase), net income attributable to owners of parent of JPY 10,000 million (9.5% YoY increase), and earnings per share of JPY 229.04.