Financial Results Briefing Materials for the Fiscal Year Ending May 2026 | C.S. LUMBER CO.,INC (7808) timely disclosure

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Direction

Mixed performance

Direction inferred from the company’s description.

Scale

-678

¥ millions (year-on-year change in ordinary profit)

Wording

Conditional

How definitive the wording is.

Contents of this document

Financial results presentationFiscal year ending May 202612 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥20,381 million-1.4%

Operating profit¥1,134 million-36.1%

Ordinary income¥1,002 million-40.4%

Net income¥693 million-40.1%

Gross Profit Margin18.7

Operating profit margin5.6

Selling, general and administrative expenses¥2,679 million

Results for the three months of the current quarterFor the three months of the fourth quarter of the fiscal year ended May 2026: revenue of ¥5,367 million and operating profit of ¥404 million

Full-year earnings forecast

Net Sales

¥210 100 million

Operating profit

¥1,490 million

Ordinary income

¥12.7 100 million

Net income

¥9.1 100 million

What the company explained in this material

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

Decline in pre-cutting shipments¥-219 million
Decline in profit per pre-cut building¥-448 million
Decline in construction contract starts¥-50 million
Improvement in profit per construction contract¥139 million
Increase in rental income from property acquisitions¥220 million
Increase in rental property costs¥-121 million
Decline in real estate sales¥-20 million
Decrease in freight costs¥19 million
Increase in personnel expenses¥-42 million
Increase in amortization of intangible assets¥-23 million
Increase in provision for doubtful accounts¥-46 million
Increase in fees paid¥-27 million
Other¥-1 million

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

Housing starts are expected to remain sluggish, while price competition with competitors is expected to intensify further.

New initiatives

Strengthen proposals for bundled materials-and-construction contracts
Improve yields through the effective use of offcuts and other measures
Proactively acquire high-quality rental properties
Pursue unmanned operation of processing machinery
Enter the pre-cut siding business

Key KPIsA metric the company considers important as a management benchmark.

Pre-cutting shipments5,106 buildings
Year on year against the same period last year-6.9%
Pre-cutting shipment floor area212 thousand tsubo
Starts of large-scale wooden facilities20 buildings
Rental and managed properties66 buildings
Year on year against the same period last year+11.0%
Construction contract value for large-scale wooden facilities¥2,693 million
Year on year against the same period last year+27.6%

Unit price and quantity metricsThese figures show sales broken down by price and volume.

The materials present pre-cutting shipments of 5,106 buildings, shipment floor area of 212 thousand tsubo and the average selling price per building. Profit per building is presented as a factor behind the change in operating profit.

Segment results

Pre-cutting

Net Sales

¥14,430 million-5.4%

Segment profit

¥55 million-92.5%

Construction Contracting

Net Sales

¥5,814 million+12.5%

Segment profit

¥336 million-8.8%

Real Estate Leasing

Net Sales

¥1,344 million+19.6%

Segment profit

¥675 million+16.6%

Other

Net Sales

¥207 million-42.0%

Segment profit

¥6 million

Medium-term management plan targets

Target fiscal yearFiscal year ending May 2028

Pre-cutting buildings5,900 buildings

Pre-cutting floor area249 thousand tsubo

Number of trucks owned30% range

Number of building frames erected1,040 buildings

Construction completions280 projects

Completions of large-scale wooden facilities15 projects

Number of rental childcare facilities23 properties

Number of rental welfare facilities, apartments and other properties51 welfare facilities, apartments and other properties

Real estate sales lots30 lots (cumulative over 3 years)

Building materials sales¥1.1 billion

Financial targets

Interest-Bearing DebtBelow ¥2.5 billion (2032)

Equity ratio

39.2 %

Orders received and order backlog

Orders received

¥5,545 million

Order backlog

¥1,251 million

Number of employees

Number of Employees320 people

Temporary employees135 people

Record dateEnd of May 2026

Capital expenditures

¥3,743 million payments for the acquisition of property, plant and equipment

Annual Dividend

¥80 per share

End of period80

Contents of this document
Item	Details
Document type	Financial results presentation
Fiscal Period Covered	Fiscal year ending May 2026
Net Sales	¥20,381 million (YoY -1.4%)
Operating profit	¥1,134 million (YoY -36.1%)
Ordinary income	¥1,002 million (YoY -40.4%)
Net income	¥693 million (YoY -40.1%)
Gross Profit Margin	18.7
Operating profit margin	5.6
Selling, general and administrative expenses	¥2,679 million
Results for the three months of the current quarter	For the three months of the fourth quarter of the fiscal year ended May 2026: revenue of ¥5,367 million and operating profit of ¥404 million
Full-year earnings forecast	Net Sales ¥210 100 million / Operating profit ¥1,490 million / Ordinary income ¥12.7 100 million / Net income ¥9.1 100 million
Segment results	Pre-cutting Net Sales ¥14,430 million (YoY -5.4%) / Segment profit ¥55 million (YoY -92.5%) / Construction Contracting Net Sales ¥5,814 million (YoY +12.5%) / Segment profit ¥336 million (YoY -8.8%) / Real Estate Leasing Net Sales ¥1,344 million (YoY +19.6%) / Segment profit ¥675 million (YoY +16.6%) / Other Net Sales ¥207 million (YoY -42.0%) / Segment profit ¥6 million
Breakdown of Factors Affecting the Change	Factors Decline in pre-cutting shipments / Amount ¥-219 million, Factors Decline in profit per pre-cut building / Amount ¥-448 million, Factors Decline in construction contract starts / Amount ¥-50 million, Factors Improvement in profit per construction contract / Amount ¥139 million, Factors Increase in rental income from property acquisitions / Amount ¥220 million, Factors Increase in rental property costs / Amount ¥-121 million, Factors Decline in real estate sales / Amount ¥-20 million, Factors Decrease in freight costs / Amount ¥19 million, Factors Increase in personnel expenses / Amount ¥-42 million, Factors Increase in amortization of intangible assets / Amount ¥-23 million, Factors Increase in provision for doubtful accounts / Amount ¥-46 million, Factors Increase in fees paid / Amount ¥-27 million, Factors Other / Amount ¥-1 million
Key KPIs	Indicator name Pre-cutting shipments / Value 5,106 buildings / Year on year against the same period last year -6.9 buildings, Indicator name Pre-cutting shipment floor area / Value 212 thousand tsubo, Indicator name Starts of large-scale wooden facilities / Value 20 buildings, Indicator name Rental and managed properties / Value 66 buildings / Year on year against the same period last year 11 buildings, Indicator name Construction contract value for large-scale wooden facilities / Value ¥2,693 million / Year on year against the same period last year ¥27.6 million
Unit price and quantity metrics	The materials present pre-cutting shipments of 5,106 buildings, shipment floor area of 212 thousand tsubo and the average selling price per building. Profit per building is presented as a factor behind the change in operating profit.
Number of employees	Number of Employees 320 people / Temporary employees 135 people / Record date End of May 2026
Assumptions Underlying the Business Outlook	Housing starts are expected to remain sluggish, while price competition with competitors is expected to intensify further.
Medium-term management plan targets	Target fiscal year Fiscal year ending May 2028 / Pre-cutting buildings 5,900 buildings / Pre-cutting floor area 249 thousand tsubo / Number of trucks owned 30% range / Number of building frames erected 1,040 buildings / Construction completions 280 projects / Completions of large-scale wooden facilities 15 projects / Number of rental childcare facilities 23 properties / Number of rental welfare facilities, apartments and other properties 51 welfare facilities, apartments and other properties / Real estate sales lots 30 lots (cumulative over 3 years) / Building materials sales ¥1.1 billion
Financial targets	Interest-Bearing Debt Below ¥2.5 billion (2032) / Equity ratio 39.2 %
Annual Dividend	¥80 per share
Capital expenditures	¥3,743 million (payments for the acquisition of property, plant and equipment)
Orders received and order backlog	Orders received ¥5,545 million / Order backlog ¥1,251 million
New initiatives	Strengthen proposals for bundled materials-and-construction contracts, Improve yields through the effective use of offcuts and other measures, Proactively acquire high-quality rental properties, Pursue unmanned operation of processing machinery, Enter the pre-cut siding business

Items this document does not state (8)

Progress against full-year forecastSelf-assessment against the planNumber of stores and locationsRisk amount incorporated into the outlookPayout ratioAcquisition of treasury sharesMarket Size / ShareKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

In the pre-cutting business, shipments declined as housing starts fell and competition for orders intensified, while selling prices also remained weak. In addition, lower profit per building contributed to the decline in operating profit. For the fiscal year ending May 2027, the Company plans to maintain its profit level through a thorough focus on yield improvement, integrated materials-and-construction sales and proactive investment in rental properties.

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