YoY
Net sales 444,820 millions of yen +3.0%
Operating profit 35,966 millions of yen +23.0%
Net income 14,933 millions of yen -16.4%

Net sales

Net sales for the fiscal year ended March 31, 2026 increased by 3.0% YoY to JPY 444,820 million due to an increasing trend in the average unit rent.

Operating profit

Operating profit increased by 23.0% YoY to JPY 35,966 million, as the improvement of profitability due to increased revenue and reduced cost of sales outweighed the increase in SG&A expenses associated with human capital investment, such as an increase in the number of employees and improvements to workers’ compensation and benefits.

Net income

Net income attributable to shareholders of the parent was JPY 14,933 million, down 16.4% YoY, mainly due to the recording of JPY 10,068 million in loss on cancellation of treasury stock acquisition rights under extraordinary losses as well as JPY 8,224 million in income taxes - deferred in line with a partial reversal of deferred tax assets.