Fiscal Year Ending March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Summary of Business Results

In the cumulative consolidated third quarter period of the fiscal year ending March 2026, net sales increased to 300.793 billion yen (1.4% YoY increase); however, operating income decreased to 5.484 billion yen (10.1% YoY decrease), ordinary income to 5.957 billion yen (8.0% YoY decrease), and net income attributable to owners of parent to 3.374 billion yen (11.4% YoY decrease). This decline in profits was affected by sluggish housing starts in the housing industry and rising prices and labor costs. By segment, the comprehensive building materials wholesale business saw increased sales but decreased operating income, the plywood manufacturing & wood processing business experienced declines in sales and profits, and the comprehensive building materials retail business also recorded decreases in both sales and profits. Meanwhile, other businesses increased sales but recorded an operating loss.

Financial Position and Outlook

Total assets amounted to 230.291 billion yen, an increase of 7.323 billion yen compared to the end of the previous fiscal year, and net assets were 66.126 billion yen, up 0.419 billion yen. Although liabilities increased, management is focusing on capital costs and stock prices through initiatives such as treasury stock acquisition. There is no change in the full-year earnings guidance for the fiscal year ending March 2026, with expected net sales of 405.0 billion yen, operating income of 8.0 billion yen, and net income attributable to owners of parent of 5.0 billion yen. Growth strategies will continue to be promoted based on the new medium-term management plan 'Value Proposition 27.'