First-half earnings are ahead of the full-year forecast; Q3 will confirm whether cumulative results reach the 75% mark

FY2026-H1 revenue was ¥2,555.647 million, operating profit was ¥339.928 million, ordinary profit was ¥338.908 million, and interim net profit attributable to owners of the parent was ¥226.822 million. Year on year, revenue increased 33.0%, operating profit 104.0%, ordinary profit 101.7%, and net profit 231.3%, indicating that profit growth significantly outpaced revenue growth.

Progress rates against the full-year forecast were 48.2% for revenue, 56.7% for operating profit, 57.4% for ordinary profit, and 63.0% for interim net profit attributable to owners of the parent. Calculated operating margin rose from approximately 8.7% in the same period of the previous year to approximately 13.3% in the current interim period, clearly showing an improvement in profit compared with operating profit of ¥166.592 million in FY2025-H1. At the interim point, earnings were running ahead of the 50% share of the calendar year elapsed.

The full-year forecasts are revenue of ¥5,300 million, operating profit of ¥600 million, ordinary profit of ¥590 million, and net profit of ¥360 million, with no revision to the earnings forecasts as of the first-half results. In the Q3 results, it will be necessary to assess, based on the relationship between cumulative results and the full-year forecasts, whether the high first-half earnings progress was temporary or will continue in the second half.

Seventy-five percent of the full-year revenue forecast is ¥3,975 million, and 75% of the operating profit forecast is ¥450 million. These are simple benchmarks for checking progress, not quarterly forecasts provided by the company. In FY2026-Q3, we will check the deviation from these levels, whether the full-year forecasts are revised, and whether margins are maintained, as well as whether the factors behind revenue and profit growth by business are disclosed in a form that can be compared with the same period of the previous year.