Supplementary Materials for the Third Quarter of the Fiscal Year Ending August 2026 | SAN HOLDINGS,INC. (9628) timely disclosure

Worth reading

71In focus

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Direction

Mixed performance

Direction inferred from the company’s description.

Scale

7031

Millions of yen (year-on-year change in operating revenue)

Wording

Avoiding a definitive answer

How definitive the wording is.

Contents of this document

Supplementary materials to the earnings reportNine months ended May 202612 items taken from the company’s own explanation

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

Net Sales¥27,801 million+33.9%

Operating profit¥2,438 million-1.8%

Ordinary income¥2,310 million-7.2%

Net income¥1,388 million -5.7%profit attributable to owners of the parent

Operating profit margin8.8 %

Selling, general and administrative expenses¥2,605 million一般管理費

Full-year earnings forecast

Operating revenue

¥59,300 million

Operating Expenses

¥45,320 million

General and administrative expenses

¥7,510 million

Operating profit

¥6,470 million

Operating profit margin

10.9 %

Ordinary income

¥6,310 million

Profit attributable to owners of the parent

¥3,520 million

Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。

Operating revenue46.9 %

Operating Expenses50.2 %

General and administrative expenses34.7 %

Operating profit37.7 %

Ordinary income36.6 %

Profit attributable to owners of parent for the quarter39.4 %

What the company explained in this material

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

葬祭4セグメントの増収
葬祭4セグメントの費用増加（のれん償却を含む）
新規会館出店に伴う地代家賃等の増加
採用費・人件費等の増加

The company identifies the factors but does not state the amount attributable to each one.

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

Earnings period17か月間

こころネットの連結業績予想への影響Currently under review

New initiatives

こころネット株式会社を株式交換により連結子会社化
新規会館の開設
IT・M&A等の戦略的投資

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

葬儀施行件数（グループ）24,243 Engagements
公益社グループ葬儀施行件数10,269 Engagements
Year on year against the same period last year+0.7%
葬仙グループ葬儀施行件数1,183 Engagements
Year on year against the same period last year+4.0%
タルイグループ葬儀施行件数1,283 Engagements
Year on year against the same period last year-0.1%
きずなグループ葬儀施行件数11,508 Engagements

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

葬儀施行件数と葬儀施行単価をグループ別に開示

Segment results

公益社 Group

Number of funerals conducted

10,269 Engagements+0.7%

Average price per funeral

¥1,124 thousand-1.3%

会館数

78 Banquet halls

Segment Profitability

¥14,576 million-0.2%

Segment profit

¥1,616 million-16.6%

葬仙 Group

Number of funerals conducted

1,183 Engagements+4.0%

Average price per funeral

¥892 thousand+1.3%

会館数

14 Banquet halls

Segment Profitability

¥1,207 million+6.0%

Segment profit

¥110 million+5.0%

タルイ Group

Number of funerals conducted

1,283 Engagements-0.1%

Average price per funeral

¥1,080 thousand+1.1%

会館数

15 Banquet halls

Segment Profitability

¥1,518 million+2.1%

Segment profit

¥259 million-21.3%

きずな Group

Number of funerals conducted

11,508 Engagements

Average price per funeral

¥864 thousand

会館数

187 Banquet halls

Segment Profitability

¥10,353 million

Segment profit

¥-7 million

Financial targets

Equity ratio

64.8 %

Change from the end of the previous fiscal year, percentage points5.8

Number of stores and locations

公益社 Group

End of period78 Banquet halls

Change during the period6 Banquet halls

葬仙 Group

End of period14 Banquet halls

Change during the period0 Banquet halls

タルイ Group

End of period15 Banquet halls

Change during the period3 Banquet halls

きずな Group

End of period187 Banquet halls

Annual Dividend

¥57 per share

Interim28.5

End of period28.5

Payout ratio

33.1 %

Acquisition of treasury shares

今後も株価やその他諸条件を考慮のうえ機動的な実施を検討

Three months of the current quarter

Operating revenue

¥9,568 million-0.2%

Operating Expenses

¥7,845 million+5.2%

General and administrative expenses

¥831 million-29.5%

Operating profit

¥891 million-6.1%

Operating profit margin

9.3 %

Year-on-year change (points)-0.6

Ordinary income

¥829 million-10.3%

Quarterly net income

¥497 million-6.0%

Contents of this document
Item	Details
Document type	Supplementary materials to the earnings report
Fiscal Period Covered	Nine months ended May 2026
Net Sales	¥27,801 million (YoY +33.9%)
Operating profit	¥2,438 million (YoY -1.8%)
Ordinary income	¥2,310 million (YoY -7.2%)
Net income	¥1,388 million (profit attributable to owners of the parent) (YoY -5.7%)
Operating profit margin	8.8 %
Selling, general and administrative expenses	2,605 百万円（一般管理費）
Three months of the current quarter	Operating revenue ¥9,568 million (YoY -0.2%) / Operating Expenses ¥7,845 million (YoY +5.2%) / General and administrative expenses ¥831 million (YoY -29.5%) / Operating profit ¥891 million (YoY -6.1%) / Operating profit margin 9.3 % / Ordinary income ¥829 million (YoY -10.3%) / Quarterly net income ¥497 million (YoY -6.0%)
Full-year earnings forecast	Operating revenue ¥59,300 million / Operating Expenses ¥45,320 million / General and administrative expenses ¥7,510 million / Operating profit ¥6,470 million / Operating profit margin 10.9 % / Ordinary income ¥6,310 million / Profit attributable to owners of the parent ¥3,520 million
Progress against full-year forecast	Operating revenue 46.9 % / Operating Expenses 50.2 % / General and administrative expenses 34.7 % / Operating profit 37.7 % / Ordinary income 36.6 % / Profit attributable to owners of parent for the quarter 39.4 %
Segment results	公益社 Group Number of funerals conducted 10,269 Engagements (YoY +0.7%) / Average price per funeral ¥1,124 thousand (YoY -1.3%) / 会館数 78 Banquet halls / Segment Profitability ¥14,576 million (YoY -0.2%) / Segment profit ¥1,616 million (YoY -16.6%) / 葬仙 Group Number of funerals conducted 1,183 Engagements (YoY +4.0%) / Average price per funeral ¥892 thousand (YoY +1.3%) / 会館数 14 Banquet halls / Segment Profitability ¥1,207 million (YoY +6.0%) / Segment profit ¥110 million (YoY +5.0%) / タルイ Group Number of funerals conducted 1,283 Engagements (YoY -0.1%) / Average price per funeral ¥1,080 thousand (YoY +1.1%) / 会館数 15 Banquet halls / Segment Profitability ¥1,518 million (YoY +2.1%) / Segment profit ¥259 million (YoY -21.3%) / きずな Group Number of funerals conducted 11,508 Engagements / Average price per funeral ¥864 thousand / 会館数 187 Banquet halls / Segment Profitability ¥10,353 million / Segment profit ¥-7 million
Breakdown of Factors Affecting the Change	Factors 葬祭4セグメントの増収 / Amount Not disclosed, Factors 葬祭4セグメントの費用増加（のれん償却を含む） / Amount Not disclosed, Factors 新規会館出店に伴う地代家賃等の増加 / Amount Not disclosed, Factors 採用費・人件費等の増加 / Amount Not disclosed
Key KPIs	Indicator name 葬儀施行件数（グループ） / Value 24,243 Engagements / Year on year against the same period last year Not disclosed, Indicator name 公益社グループ葬儀施行件数 / Value 10,269 Engagements / Year on year against the same period last year 0.7 Engagements, Indicator name 葬仙グループ葬儀施行件数 / Value 1,183 Engagements / Year on year against the same period last year 4 Engagements, Indicator name タルイグループ葬儀施行件数 / Value 1,283 Engagements / Year on year against the same period last year -0.1 Engagements, Indicator name きずなグループ葬儀施行件数 / Value 11,508 Engagements / Year on year against the same period last year Not disclosed
Unit price and quantity metrics	葬儀施行件数と葬儀施行単価をグループ別に開示
Number of stores and locations	公益社 Group End of period 78 Banquet halls / Change during the period 6 Banquet halls / 葬仙 Group End of period 14 Banquet halls / Change during the period 0 Banquet halls / タルイ Group End of period 15 Banquet halls / Change during the period 3 Banquet halls / きずな Group End of period 187 Banquet halls / Change during the period Not disclosed
Assumptions Underlying the Business Outlook	Earnings period 17か月間 / こころネットの連結業績予想への影響 Currently under review
Financial targets	Equity ratio 64.8 %
Annual Dividend	¥57 per share
Payout ratio	33.1 %
Acquisition of treasury shares	今後も株価やその他諸条件を考慮のうえ機動的な実施を検討
New initiatives	こころネット株式会社を株式交換により連結子会社化, 新規会館の開設, IT・M&A等の戦略的投資

Items this document does not state (9)

Gross Profit MarginSelf-assessment against the planNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsCapital expendituresOrders received and order backlogMarket 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.

営業収益は、きずなホールディングスの連結子会社化が通期で寄与したため増加した。一方、既存セグメントでは死亡者数減少の影響を受け、のれん償却費、新規会館出店に伴う地代家賃、将来の成長に備えた採用費・人件費などが増加したため、利益が減少した。

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