MATSUOKA CORPORATION Q3 FY2026 Earnings Presentation

Source disclosure: February 12, 2026

MATSUOKA CORPORATION [3611.T]

TOKYO — Matsuoka Corporation (3611), a listed company on the Tokyo Stock Exchange, reported its third quarter earnings for the fiscal year ending March 2026 on February 12, 2026. The company's consolidated sales and profits showed mixed results during the period from April 1, 2025 to December 31, 2025.

For the third quarter of the fiscal year ending March 2026, Matsuoka recorded consolidated 286 billion, marking a 2.7% increase compared to the same period last year. However, the company’s operating income saw a significant rise to ¥1.363 billion, representing a 98.2% jump over the previous year's figure. Meanwhile, ordinary income increased by 4.4%, reaching ¥3.794 billion. Despite these positive trends, net income attributable to shareholders of the parent company declined by 3.3% to ¥2.030 billion.

In comparison, the corresponding figures for the third quarter of the fiscal year ended March 2025 were as follows: consolidated 844 billion, operating income of ¥687 million, ordinary income of ¥3.634 billion, and net income attributable to shareholders of the parent company of ¥2.099 billion. Notably, comprehensive income for the current quarter dropped sharply to ¥3 million, reflecting a decrease of 99.8% from the prior year's level of ¥1.875 billion.

Regarding per-share metrics, the diluted earnings per share for the third quarter of the fiscal year ending March 2026 stood at ¥194.39, down slightly from ¥210.09 in the comparable period last year. This slight decline is attributed to the potential dilution impact of convertible bonds that could be converted into shares under certain conditions, although the company has structured these bonds to minimize such effects.

Matsuoka also provided an overview of its financial position, noting total assets of ¥74.379 billion and equity of ¥39.873 billion as of the end of the third quarter, resulting in a capital adequacy ratio of 49.1%. These figures represent modest increases from the previous year-end levels of ¥72.453 billion in total assets and ¥40.529 billion in equity, with a capital adequacy ratio of 51.8%.

The company did not announce any changes to its dividend policy for the current fiscal year. For the fiscal year ending March 2025, dividends amounted to ¥90 per share distributed at the end of the third quarter. Looking ahead, Matsuoka expects to maintain this rate for the fiscal year ending March 2026, projecting ¥90 per share to be paid out at the end of the third quarter. No revisions have been made to previously announced dividend expectations.

Matsuoka forecasted full-year performance for the fiscal year ending March 2026, anticipating consolidated revenues of ¥74.000 billion, up 4.8% from the previous year. Operating profit is expected to surge by 476.2% to ¥2.500 billion, while ordinary profit is projected to grow by 11.9% to ¥4.700 billion. Net income attributable to shareholders of the parent company is anticipated to reach ¥3.000 billion, marking a 15.4% increase over the previous year. On a per-share basis, earnings are forecasted to amount to ¥

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.