Consolidated Financial Results for the First Three Quarters of Fiscal 2025 (Under Japanese GAAP) (Update to Completed Version on August 15,2025) (454 KB)

August 8, 2025

Company name: FinTech Global Incorporated Listing: Tokyo Stock Exchange Securities code: 8789

URL: https://www.fgi.co.jp/en/

Representative: Nobumitsu Tamai, President and Chief Executive Officer Inquiries: Takashi Senda, Executive Vice President, Senior Executive Officer Telephone: +81-3-6456-4600

Scheduled date to commence dividend payments: － Preparation of supplementary material on financial results: Yes Holding of financial results briefing: No

(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the first three quarters of fiscal 2025 (from October 1, 2024 to June 30, 2025)
   1. Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)

      	Revenues		Operating income		Ordinary profit		Profit attributable to owners of parent
      First three quarters of fiscal 2025 First three quarters of fiscal 2024	Millions of yen 10,358 9,578	% 8.1 38.6	Millions of yen 2,862 2,206	% 29.8 93.0	Millions of yen 2,788 2,108	% 32.2 94.4	Millions of yen 1.597 1,644	% (2.9) 110.4

      Note: Comprehensive income	For the first three quarters of fiscal 2025:	¥1,583 million	[(15.9)%]
      	For the first three quarters of fiscal 2024:	¥1,883 million	[ 74.5%]

      	Basic earnings per share	Diluted earnings per share
      	Yen	Yen
      First three quarters of fiscal 2025	8.19	8.13
      First three quarters of fiscal 2024	8.22	8.17

      Note: The amount for the first three quarters of fiscal 2024 reflects significant revision to initial allocation of acquisition costs due to finalization of provisional accounting treatment for business combinations at the end of fiscal 2024.

   2. Consolidated financial position

   	Total assets	Net assets	Equity-to-asset ratio
   	Millions of yen	Millions of yen	%
   First three quarters of fiscal 2025	25,969	11,498	40.1
   Fiscal 2024	20,669	10,752	46.1

   Reference: Equity

   For the first three quarters of fiscal 2025: ¥10,403 million

   For fiscal 2024: ¥9,530 million

2. Cash dividends

   	Annual dividends per share
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Total
   Fiscal 2024	Yen -	Yen 0.00	Yen -	Yen 1.50	Yen 1.50
   Fiscal 2025	-	0.00	-
   Fiscal 2025 (Forecast)				3.00	3.00

   Note: Revisions to the forecast of cash dividends most recently announced: None

3. Consolidated financial forecasts for fiscal 2025 (October 1, 2024 - September 30, 2025)

(Percentages indicate year-on-year changes.)

Note: Change from the latest consolidated financial forecasts: Yes

1. Significant changes in the scope of consolidation during the period: None

2. Adoption of accounting treatment specific to the preparation of consolidated financial statements: None

3. Changes in accounting policies, changes in accounting estimates, and restatement

   1. Changes in accounting policies due to revisions to accounting standards and other regulations: Yes

   2. Changes in accounting policies due to other reasons: None

   3. Changes in accounting estimates: None

   4. Restatement: None

4. Number of issued shares (common shares)

   1. Total number of issued shares at the end of the period (including treasury shares)

      As of June 30, 2025	201,321,700 shares
      As of September 30, 2024	201,321,700 shares

   2. Number of treasury shares at the end of the period

      As of June 30, 2025	7,788,420 shares
      As of September 30, 2024	5,434,320 shares

      First three quarters of fiscal 2025	195,106,137 shares
      First three quarters of fiscal 2024	200,190,947 shares

   3. Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)

• Review of the Japanese-language originals of the attached consolidated financial statements by certified public accountants or an audit firm: None

• Proper use of earnings forecasts, and other special matters (Caution regarding forward-looking statements)

The forward-looking statements included in this summary of financial statements are based on the assumptions, forecasts, and plans of FinTech Global Incorporated (hereafter, "FGI" and "the Company") as of the date on

which this document is made public. The Company's actual results may differ substantially from such

statements due to various risks and uncertainties.

(Impact of acquiring treasury stock)

On May 9, 2025, the Board of Directors of the Company approved a resolution allowing the Company to repurchase its own shares pursuant to Article 156 of the Companies Act, which is applicable in lieu of Article 165, Paragraph 3 of this act. As a result, the "EPS" in the 3. "Consolidated financial forecasts for fiscal 2025" above takes into consideration the impact of this treasury stock acquisition.

(Method of obtaining supplementary results materials)

Supplementary materials on financial results are available for viewing as of August 8, 2025.

The Company applied provisional accounting treatment in the corresponding period of the previous fiscal year-fiscal 2024, ended September 30, 2024-to the business combination with Pcon home service Incorporated, on March 31, 2024 (deemed acquisition date) and finalized provisional accounting treatment pursuant to this business combination at the end of fiscal 2024. Accordingly, for the purpose of quarter-on-quarter comparison and analysis, amounts shown here reflect adjustments based on finalized provisional accounting treatment.

1. Overview of Operating Results for the Period under Review

   FinTech Global Incorporated (FGI) and certain other members of the FGI Group are pursuing opportunities for private equity investment targeting businesses struggling with succession issues.

   Over the first three quarters-October 1, 2024 to June 30, 2025-of the fiscal 2025 consolidated accounting period ending September 30, 2025, FGI made steady progress on the recovery of private equity investments associated with business succession deals and welcomed an increase in fund formation for truck operating leases and associated product sales. Buoyed by these results, revenues for the first three quarters rose 8.1% year on year, to ¥10,358 million, and gross profit climbed 21.3% year on year, to ¥6,782 million. Selling, general and administrative expenses hit ¥3,919 million, up 15.8% from the corresponding nine-month period a year ago, reflecting higher advertising and promotion costs associated with Metsä campaigns to attract guests. But higher gross profit had a favorable impact on operating income, which jumped 29.8% year on year, to ¥2,862 million, and ordinary profit, which expanded 32.2%, to ¥2,788 million. Quarterly profit attributable to owners of the parent slipped 2.9%, to ¥1,597 million, due to the booking of ¥505 million in provision of allowance for doubtful accounts on loans related to new projects as an extraordinary loss and also due to the reactionary impact of ¥241 million booked as gain on bargain purchase recorded under extraordinary income in the corresponding period a year ago.

   (Unit: Millions of yen)

   	First Three Quarters of Fiscal 2024	First Three Quarters of Fiscal 2025	YOY Change
   Revenues	9,578	10,358	779
   Investment banking business	7,743	8,254	511
   Public management consulting business	313	334	20
   Entertainment service business	1,800	2,081	280
   Elimination	(278)	(311)	(32)
   Gross profit	5,589	6,782	1,192
   Investment banking business	5,111	6,047	935
   Public management consulting business	200	207	6
   Entertainment service business	415	658	242
   Elimination	(138)	(130)	7
   Operating income 〔Segment income/ (loss)〕	2,206	2,862	656
   Investment banking business	3,077	3,735	657
   Public management consulting business	(16)	(60)	(44)
   Entertainment service business	(198)	58	257
   Elimination or corporate expenses	(657)	(871)	(214)
   Ordinary profit	2,108	2,788	679
   Profit before income taxes	2,350	2,291	(59)
   Profit attributable to owners of the parent	1,644	1,597	(46)

   A breakdown of performance by business segment is presented below. Revenues include intersegment revenues and transfers.

   1. Investment Banking Business

      In the investment banking business, business succession projects moved steadily along and investment income from recovery of private equity investments grew over the corresponding three quarters of fiscal 2024.

      Income from arrangement transaction services, mainly private equity fund asset management, trended in a favorable direction, substantiated by the booking of fees received on the sale of large deals at the time of sale. In other asset management services, mainly for real estate and securities and equity investments, a drop in management of assets for investment by overseas investors into residences was offset by management of assets into new projects related to hotels and other forms of accommodation as well as logistics facilities, lifting the balance of assets under management to

      ¥155.1 billion, or 1.2% more than at the end of the fiscal 2024 on September 30, 2024, and reinforcing the foundation for stock-type earnings-that is, recurring fee revenues-and increasing segment revenues.

      Fund formation through arrangement of truck operating leases and associated product sales, which commenced in fiscal 2023, grew in terms of management amount and sales amount, thanks to measures that included expanding sales channels. Arrangement and fund management revenues more than doubled over the corresponding three quarters of fiscal 2024.

      At Metsä Village, a positive consequence of more guests was a favorable shift in parking fee revenue and rental income from facility tenants. But the segment also booked ¥200 million in removal losses associated with renovation of some facilities under cost of revenues associated with the opening of Hyper Museum Hanno in March 2025.

      The aviation business marked a decrease in revenues from technical services associated with aircraft inspection. Such inspections typically occur when leased assets are returned, and due to a shortage of aircraft, many members of the aviation industry extended existing leasing contracts which in turn reduced the need for inspections that would otherwise be conducted at end of lease and aircraft return. Meanwhile, the aircraft leasing business performed well, fueled by three new sale-and-leaseback transactions.

      Given the above, investment banking revenues reached ¥8,254 million, up 6.6% year on year.

      Gross profit climbed 18.3%, to ¥6,047 million, underpinned by higher revenues from private equity investment to facilitate business succession projects which present a high profit margin. Segment income settled at ¥3,735 million, up 21.4%, after accounting for a 13.7% increase in selling, general and administrative expenses, namely, advertising and promotional costs and commissions paid, reflecting Metsä crowd-drawing campaigns and expenses associated with the opening of Hyper Museum Hanno.

   2. Public Management Consulting Business

      The public management consulting business, which hinges on Public Management Consulting Corporation (PMC), provides solutions, including support extended to local public entities to prepare financial documents, manage public facilities and deal with public finance-related issues. PMC captured a certain share of the large municipality market by providing outsourced services to meet the need for help in preparing financial documents and by drawing on expertise within the FGI Group. Demand was steady, with the number of prefectures under service contracts through to the end of the third quarter of fiscal 2025 at nine, the same as in the corresponding period of fiscal 2024, and the number of ordinance-designated cities and special zones under service contracts stayed at 13, the same as in the corresponding period a year ago. In support services for public facility management and responses to public finance-related issues, PMC welcomed an increase in requests for services to support revision of public facility renewal plans and community-building plans as well as support in such areas as childcare and measures to promote better health. To address demand, the company hired more consultants and leveraged its ability to support preparation of financial documents and promoted initiatives to offer multiple services to each municipality.

      As a result, the segment achieved revenues of ¥334 million, up 6.5% over the corresponding quarter a year ago. Upfront investment to reinforce staffing ate into revenues, leading to a segment loss of ¥60 million, compared with loss of ¥16 million in the first three quarters of fiscal 2024.

   3. Entertainment Service Business

In the entertainment business, the number of guests coming to Moominvalley Park as a family unit