First half performance surpassed the initial plan despite geopolitical risk and other sources of uncertainty. The main reasonisthe ability of the core Man ufacturing HR Business to meet the strong demand for people.
First half profits were down from one year earlier as planned because the delivery of properties in the Real Estate Business is expected to be concentrat ed in the second half of 2026.
No change in the plan for growth of 2026 consolidated sales and profits.

Sales and profits were surpassed the plan and were higher than one year earlier. Main at World Intec, this business met the demand for staffing by seamlessly covering a broad range of manufacturing activities from upstream to downstream operations and a diverse array of industries.
A large volume of orders from companies in many industries, including semiconductors, especially involving AI and data centers, electric/electronic component, machinery, and other sectors contributed to first half growth.
Progress with raising recruiting efficiency and controlling expenses as recruiting processes were reexamined, the internal recruiting websites were used effectively and other measures continued.
To meet the very strong demand for manufacturing personnel, this business is making upfront investments to speed up recruiting activities, upgrade training operations, improve working conditions and take many other actions. A sound base is in place for more growth in the second half and following years.

Profits were below the plan mainly because of upfront expenditures for expansion to more business sectors. Sales were generally as planned as performance in the core logistics sector was as planned and the face-to-face sales personnel category performed well. Sales and profits were higher than one year earlier.
Logistics: Labor management expertise was used to handle the growing volume of shipments at e-commerce subcontracted warehouses operated by World Staffing. Warehouses owned and operated by World Holdings and the expanding range of markets served by the subcontracting and staffing services of Yamato Staff Supply also contributed to growth.
Face-to-face sales personnel: Steady sales growth continues as Dimples Co., Ltd. meets staffing demand involving special events, the information operations category expands, and sales activities add more customers.

Sales and profits were down from one year earlier and sales were below the plan because the majority of property sales will be completed in the second half of 2026 and some sales were delayed to the second half. Profits exceeded the plan due to sales activities with strict priority on profitability. The delayed property sales are expected to be completed in the second half. No change in the plan for sales and profits growth.
Focusing on steady growth of recurring earnings through the strategic leasing of development properties until the appropriate time for sale, as well as through building management businesses. Establishing a balanced earnings structure comprising transaction-based and recurring earnings that is less susceptible to economic fluctuations.
World Residential is making progress with sales and other activities for the sale of its condominiums during 2026.

Sales were below the plan and less than one year earlier because of inventory shortages in the mobile phone shop and corporate solutions sectors. profits exceeded the plan and were higher than one year earlier.
In the core mobile phone shop sector, shortages of some mainstay products began to ease in the second quarter. Profits also benefited from measures to optimize costs , including reductions in head office expenses.

Negative effects of snow early in the year and typhoons and rain in June. Very strong demand for outings, especially during the May Golden Week holiday, and the success of numerous events brought in many visitors and raised sales per visitor. As a result, performance surpassed the plan and sales and profits were higher than one year earlier.
Visitor information, entrance gate and other activities have started at Chiba Zoological Park, a new outsourcing contract in 2026, and preparations are moving forward at locations where this business was selected as the new designated manager: Ashigaike Agricultural Park, Tokuyama Zoo, Hiokayama Park, and others. Preparations for the start of these operations are steadily progressing, further strengthening the foundation for future growth.

			YoY
Net sales	138,366	Million yen	+5.0%
Operating profit	4,249	Million yen	-14.6%
Ordinary profit	4,094	Million yen	-15.1%
Profit attributable to owners of parent	1,903	Million yen	-28.2%

YoY	Against estimate
+5.0%	+2.2%

YoY	Against estimate
-14.6%	+20.4%

YoY	Against estimate
+15.1%	+7.9%

YoY	Against estimate
+8.2%	+49.5%

Net sales

Segment profit