ZERO (9028) investor relations material

Executive summary

• Revenue increased by 1.8% year-over-year to ¥150.6 billion, with operating profit up 0.8% to ¥10.3 billion and net profit attributable to owners at ¥7.2 billion, up 0.2%.

• Growth was driven by expanded used car transport, business domain expansion, and continued price revisions, while new car sales declined but used car registrations and exports grew.

• Strategic investments in human resources and digital transformation continued to strengthen the business foundation.

Financial highlights

• Net income attributable to owners rose to ¥7.2 billion, up ¥33 million year-over-year, with operating margin at 6.8% and net margin at 4.8%.

• EPS increased marginally to ¥424.94, and annual dividend per share set at ¥140.30, payout ratio maintained at 33%.

• ROE was 15.9%, and equity ratio improved to 62.3% from 58.0% year-over-year.

• Cash and equivalents at year-end were ¥17,156 million, up from ¥16,643 million.

Outlook and guidance

• For the fiscal year ending June 2027, revenue is forecast to rise to ¥155.0 billion (+3.0%), with operating profit expected at ¥11.0 billion (+6.7%), and net income projected at ¥7.3 billion.

• EPS is forecast at ¥429.18, annual dividend at ¥141.60, and operating margin expected to improve to 7.1%.

• Cost pressures from labor, logistics, and system investments are expected, but overseas expansion and new contracts will support growth.