AINAVO HOLDINGS (7539) investor relations material

Executive summary

• Revenue for the nine months ended June 30, 2026, increased by 2.0% year-over-year to ¥70,732 million, driven by growth in the detached housing segment despite higher SG&A expenses.

• Operating income declined by 1.8% year-over-year to ¥1,966 million due to increased personnel and administrative costs.

• Net income attributable to shareholders was ¥1,415 million, a slight decrease of 0.5% year-over-year.

• Comprehensive income rose 8.4% year-over-year to ¥1,532 million, reflecting improved other comprehensive income.

Financial highlights

• Gross profit increased by ¥677 million year-over-year, but higher SG&A expenses (+8.6%) offset gains.

• EPS for the period was ¥60.93, compared to ¥61.36 in the prior year.

• Total assets at June 30, 2026, were ¥47,948 million, up ¥466 million from the previous fiscal year-end.

• Net assets increased by ¥895 million to ¥27,194 million, mainly due to retained earnings and valuation gains.

• Dividend per share for the period was ¥13.00, with a full-year forecast of ¥26.00.

Outlook and guidance

• Full-year revenue is forecast at ¥98,500 million (+6.7% YoY), with operating income of ¥2,100 million (+17.1% YoY) and net income of ¥1,600 million (+4.7% YoY).

• No changes to previously announced guidance.

• Management expects market recovery as supply conditions improve and new housing starts increase, but notes risks from rising costs and potential demand softening.