Announcement of Financial Results for the First Quarter of the Fiscal Year Ending December 2026

Our company announced its financial results for the first quarter of the fiscal year ending December 2026, as detailed below. 1. Performance Highlights For the first quarter of the fiscal year ending December 2026, net sales were 14,568 million yen (a decrease of 15,960 million yen compared to the same period last year), operating profit was 1,729 million yen (a decrease of 1,218 million yen), ordinary profit was 1,307 million yen (a decrease of 1,159 million yen), and net profit attributable to owners of parent was 876 million yen (a decrease of 933 million yen). Although revenue and profit decreased year-on-year due to a reduction in sales projects, the company plans to record profits mainly in the fourth quarter of the fiscal year ending December 2026, and is progressing as planned towards achieving its forecast of 8,000 million yen in net profit attributable to owners of parent. Regarding the balance sheet, the balance of real estate for sale increased to 112.0 billion yen (an increase of 32.7 billion yen from the end of the previous fiscal year) due to increased procurement. In addition, total assets increased by 57.4 billion yen from the end of the previous fiscal year to 203.7 billion yen, partly due to an increase of 59.2 billion yen (an increase of 29.7 billion yen) in land acquired through long-term leasing projects and the JINUSHI Club. The equity ratio was 24.3%, but is expected to recover to around 30% mainly through planned property sales in the fourth quarter. 2. Procurement Progress Procurement (on a contract basis) for the first quarter of the fiscal year ending December 2026 was 27.8 billion yen (an increase of 14.9 billion yen compared to the same period last year). Driven by societal changes such as TSE reforms, investor demands, and rising construction costs, the company is accelerating procurement through both new development and JINUSHI leasebacks, and is progressing steadily towards achieving its annual procurement target of over 100.0 billion yen. https://ssl4.eir-parts.net/doc/3252/tdnet/2800973/00.pdf https://ssl4.eir-parts.net/doc/3252/tdnet/2800982/00.pdf For more details on this press release, please check the News Release section on our company's website. https://www.jinushi-jp.com/news/