Third Quarter Financial Summary for the Fiscal Year Ending March 2026 [Japanese Standards] (Consolidated)

Overview of Business Results

During the cumulative third quarter consolidated period of the fiscal year ending March 2026, net sales amounted to 182,573 million yen (7.1% YoY increase), operating income was 19,007 million yen (6.6% YoY increase), ordinary income was 19,507 million yen (5.8% YoY increase), and net income attributable to owners of parent for the quarter was 14,303 million yen (12.2% YoY increase), achieving record-high profits for two consecutive terms in the third quarter. The dormitory, hotel, food, and development businesses posted increases in both revenue and profit, while the comprehensive building management business saw decreases in revenue and profit. In the hotel business, new openings and maintaining high occupancy rates and high unit prices contributed positively, while the dormitory business remained firm due to new openings and strengthened sales systems.

Financial Position and Outlook

Total assets were 323,620 million yen (an increase of 22,150 million yen from the end of the previous consolidated fiscal year), liabilities were 190,330 million yen (a decrease of 11,778 million yen), and net assets were 133,290 million yen (an increase of 33,929 million yen), resulting in an equity ratio increase to 41.2%. The number of outstanding shares increased to 88,055,503 shares, reflecting capital and capital surplus increases due to the exercise of warrants. There is no change in the consolidated earnings forecast for the fiscal year ending March 2026, and the dividend forecast remains at 46.00 yen annually.