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

Performance Overview

For the cumulative third quarter of this fiscal year, net sales amounted to 55,172 million yen, down 0.8% compared with the same period last year; operating income was approximately 2,509 million yen; ordinary income was approximately 3,019 million yen; and net income attributable to owners of parent for the quarter was approximately 2,245 million yen. By segment, Disaster Prevention & Infrastructure, Environment & Energy, and International Business experienced a mix of improvements in order intake and cost control as well as delays in certain projects. The full-year outlook is net sales of 75,000 million yen, operating income of 42,000 million yen, ordinary income of 48,000 million yen, and net income attributable to owners of parent of 39,000 million yen, with no significant change from the previous announcement and limited downside risks to the earnings forecast.

Outlook and Impact for Investors

Looking ahead, while there are some factors that could slightly slow full-year performance versus plan, the latest quarterly results indicate continued strict cost management and progress in order intake. Demand trends in the Americas within the International Business and construction demand in the Asia-Pacific region remain solid, which is expected to help offset delayed recoveries between segments. There were no new announcements regarding dividend policy, and the current outlook and dividend forecast are being maintained.