MARUBUN CORPORATION Q3 FY2026 Earnings Presentation

Source disclosure: January 30, 2026

MARUBUN CORPORATION [7537.T]

TOKYO — Marubun Corporation, listed on the Tokyo Stock Exchange under code number 7537, reported its earnings for the third quarter of the fiscal year ending March 2026 on January 30, 2026. The company's consolidated results showed a decline across key performance indicators compared to the same period last year.

For the nine months ended December 31, 2025, Marubun recorded consolidated sales of ¥152.82 billion, representing a marginal increase of 0.6 percent from the previous year’s figure of ¥151.95 billion. However, operating income fell sharply by 36.9 percent to ¥4.28 billion from ¥6.78 billion in the corresponding period of the prior fiscal year. Similarly, ordinary income dropped significantly by 48.9 percent to ¥1.46 billion from ¥2.85 billion, and net profit attributable to shareholders of the parent company declined drastically by 73.6 percent to ¥491 million from ¥1.86 billion in the same quarter last year.

The diluted earnings per share also saw a substantial decrease, falling to ¥18.76 in the current quarter from ¥71.09 in the comparable quarter of the previous year. This significant drop is attributed to changes in accounting policies implemented since the first quarter of the fiscal year 2026, which necessitated retrospective adjustments to the figures from the third quarter of the fiscal year 2025.

Regarding the company's financial position as of the end of the third quarter, 60 billion, while equity was ¥59.63 billion, resulting in an equity ratio of 38.8 percent. These figures represent slight decreases from the respective values of ¥145.17 billion and ¥60.78 billion, and an equity ratio of 37.8 percent at the end of the fiscal year 2025.

Looking ahead, Marubun has maintained its dividend policy without any revisions. For the fiscal year 2026, it plans to distribute dividends of ¥25 per share at both the first and second interim periods, totaling ¥50 per share. No changes have been made to the previously announced dividend expectations.

In terms of full-year forecasts for the fiscal year ending March 2026, Marubun anticipates consolidated sales of ¥210 billion, marking a minor reduction of 0.4 percent from the previous year. Operating income and ordinary income are expected to fall by 23.5 percent each to ¥7 billion and ¥5 billion respectively, leading to a projected net income of ¥3 billion, down 31.9 percent from the previous year. The forecasted earnings per share stand at ¥114.61.

These projections reflect ongoing challenges faced by the company amid changing market conditions and internal restructuring efforts. Marubun will continue to monitor these factors closely to ensure alignment with strategic objectives and maintain operational efficiency.

Note: Financial figures from the earnings presentation have been removed pending correction. For accurate figures, refer to the company's earnings summary (kessan tanshin) filed separately on TDNet.