Securities Report - 161st Fiscal Period (April 1, 2025 - March 31, 2026)

Nagano Electric Railway Co., Ltd. Securities Report - 161st Fiscal Period (April 1, 2025 - March 31, 2026)

Nagano Electric Railway Co., Ltd. has submitted its securities report for the 161st fiscal period (April 1, 2025 to March 31, 2026) to the Financial Services Agency. This report aims to provide investors and other stakeholders with accurate and timely information regarding the company's management status, financial condition, and performance trends.

As a key transportation infrastructure provider in Nagano Prefecture, the company has played an essential role in supporting regional socioeconomic activities. This report details the company's management policies, performance highlights, financial statements, and future outlook for the period.

In terms of management strategy, the company prioritizes safe and reliable transportation services while advancing initiatives to improve profitability, strengthen cost management, enhance services through digital technologies, and deepen collaboration with local communities. In response to societal shifts such as aging populations and declining birthrates, the company is particularly focused on improving convenience and establishing efficient operational systems.

Financially, while depreciation expenses and ongoing capital investments may temporarily pressure earnings, the company aims to establish a stable revenue base in the medium to long term. Additionally, the company is exploring initiatives to reduce environmental impact, including the introduction of energy-efficient rolling stock and the utilization of renewable energy sources.

Going forward, the company will continue to strengthen trust with shareholders and investors while striving for sustainable growth and enhanced corporate value.