For the third quarter of the fiscal year ending March 2026, consolidated net sales were JPY 127,979 million (Year-over-Year +1.1%), operating income was JPY 4,655 million (Year-over-Year \u25b341.9%), and quarterly net income attributable to owners of the parent was JPY 3,736 million (Year-over-Year 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/9517-20260210-01.pdf","jir_short_summary":"For the third quarter of the fiscal year ending March 2026, consolidated net sales were JPY 127,979 million (Year-over-Year +1.1%), operating income was JPY 4,655 million (Year-over-Year \u25b341.9%), and quarterly net income attributable to owners of the parent was JPY 3,736 million (Year-over-Year \u25b315.4%).","jir_summary":"### Performance Overview\nDuring the cumulative consolidated third quarter period of the fiscal year ending March 2026, net sales slightly increased to JPY 127,979 million (Year-over-Year +1.1%), whereas operating income sharply declined to JPY 4,655 million (Year-over-Year \u25b341.9%). This was due to loss recognition associated with the commencement of civil rehabilitation proceedings of a business partner and temporary expenses caused by timing differences in recognizing loss compensation from non-controlling shareholders. Although profit before tax and quarterly net income attributable to owners of the parent fell below the prior year due to exchange loss\/gain impacts, they exceeded the plan.\n\n### Business Segment Trends and Financial Position\nIn the electricity retail business, sales volume increased by 22.4% year-over-year, resulting in net sales of JPY 44,049 million (Year-over-Year +4.9%), surpassing the plan. The trading business saw a decline in operating income due to losses related to a business partner\u2019s civil rehabilitation, though net sales and sales volume increased. The power generation business operated biomass power plants approximately according to plan, and the fuel business exceeded planned profits due to falling prices and increased sales. Total assets were JPY 156,429 million (up JPY 3,047 million from the previous consolidated fiscal year-end), total liabilities were JPY 81,499 million (up JPY 597 million), and total equity was JPY 74,930 million (up JPY 2,449 million), with the equity ratio attributable to owners of the parent rising to 43.4%.","jir_financial_highlights":"Net Sales: JPY 127,979 million (Year-over-Year +1.1%)\nOperating Income: JPY 4,655 million (Year-over-Year \u25b341.9%)\nProfit Before Tax: JPY 5,567 million (Year-over-Year \u25b333.1%)\nQuarterly Profit: JPY 3,443 million (Year-over-Year \u25b344.3%)\nQuarterly Net Income Attributable to Owners of Parent: JPY 3,736 million (Year-over-Year \u25b315.4%)\nTotal Assets: JPY 156,429 million (Compared with previous consolidated fiscal year-end + JPY 3,047 million)\nTotal Liabilities: JPY 81,499 million (Compared with previous consolidated fiscal year-end + JPY 597 million)\nTotal Equity: JPY 74,930 million (Compared with previous consolidated fiscal year-end + JPY 2,449 million)\nEquity Ratio Attributable to Owners of Parent: 43.4% (Compared with previous consolidated fiscal year-end +1.6 points)\nNumber of Issued Shares (Including Treasury Stock): 78,161,608 shares (Year-over-Year +94,850 shares)\nNumber of Treasury Shares at Period-End: 134,930 shares (Year-over-Year \u25b39,784 shares)","jir_category":"","jir_hashtags":"#ErexCoLtd, #FinancialSummary, #JapaneseStocks","jir_key_figures":"Net Sales: JPY 127,979 million (Year-over-Year +1.1%)\nOperating Income: JPY 4,655 million (Year-over-Year \u25b341.9%)\nQuarterly Net Income Attributable to Owners of Parent: JPY 3,736 million (Year-over-Year \u25b315.4%)","jir_meta_title":"Erex Co., Ltd. FY2026 Q3 Financial Results Net Sales JPY 127,979 Million, Operating Income Down 41.9%","jir_meta_description":"Erex Co., Ltd. FY2026 Q3 Financial Summary. Net sales rose 1.1% year-over-year to JPY 127,979 million, while operating income declined 41.9% to JPY 4,655 million. Strong electricity retail business offset by partial loss recognition reduced profits.","jir_og_title":"Erex Co., Ltd. FY2026 Q3 Earnings Highlights","jir_og_description":"Net sales of JPY 127,979 million and operating income of JPY 4,655 million. 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