Seibu Giken (6223) investor relations material

Executive summary

• Q1 FY2026 net sales rose 40.7% year-over-year to JPY 9,619 million, driven by large engineering projects in Japan.

• Operating profit increased 21.8% year-over-year to JPY 1,533 million, with higher sales offsetting increased costs.

• Net profit attributable to shareholders surged 56.2% year-over-year to JPY 1,443 million.

• Comprehensive income reached JPY 1,754 million, up 458.6% from the prior year.

• Progress is in line with full-year forecasts; no changes to guidance.

Financial highlights

• Gross profit rose 15.5% year-over-year to JPY 3,215 million, though gross margin declined.

• EBITDA increased 20.8% year-over-year to JPY 1,795 million; EBITDA margin was 18.7%.

• Basic earnings per share rose to JPY 73.30 from JPY 45.23 year-over-year.

• Cash and cash equivalents at March 31, 2026, were JPY 13,604 million, down from JPY 15,505 million at year-end.

• Total assets grew to JPY 50,341 million as of March 31, 2026, up from JPY 48,197 million at year-end 2025.

Outlook and guidance

• FY2026 net sales forecast unchanged at JPY 36,050 million, up 5.0% year-over-year.

• Operating profit forecast to decrease 11.0% year-over-year to JPY 4,030 million due to increased investment in human capital and IT.

• Net profit expected to rise 12.0% year-over-year to JPY 3,870 million, aided by subsidies.

• Annual dividend per share planned at JPY 70; share buyback of approx. JPY 1 billion executed.

• Basic earnings per share for the year projected at JPY 199.61.