Financial Summary for Fiscal Year Ending February 2026 [Japan GAAP] (Consolidated)

Overview of Performance

For the fiscal year ending February 2026, consolidated net sales reached JPY 71,845 million (6.7% increase YoY), operating income was JPY 14,588 million (1.8% increase YoY), and ordinary income amounted to JPY 14,885 million (0.3% increase YoY), with net sales hitting a record high. Meanwhile, net income attributable to owners of parent was JPY 9,155 million (1.6% decrease YoY). Sales growth centered on the core industrial waste treatment business was achieved; however, profit was pressured by rising market prices of lead and increased raw material costs.

Financial Position and Dividend Status

Total assets stood at JPY 105,176 million (decrease YoY), and net assets were JPY 83,403 million (decrease YoY), but the equity ratio improved to 77.7%. The number of issued shares decreased to 48,000,000 shares, influenced by the cancellation of treasury stock. The annual dividend is planned at JPY 76 (up from JPY 72 in the previous year), resulting in a dividend payout ratio of 39.3%.

Earnings Forecast for Fiscal Year Ending February 2027

The consolidated earnings forecast for the fiscal year ending February 2027 anticipates net sales of JPY 74,200 million (3.2% increase YoY), operating income of JPY 16,800 million (15.1% increase YoY), ordinary income of JPY 17,000 million (14.2% increase YoY), and net income attributable to owners of parent of JPY 11,200 million (22.3% increase YoY). This outlook assumes revenue and profit growth fueled by expansion in environmental-related businesses and increased orders of high value-added projects.