Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
January 30, 2026
Company name: INES Corporation Listing: Tokyo Stock Exchange Securities code: 9742
URL: https://www.ines.co.jp/en/
Representative: Shuji Hattori, President and Representative Director
Contacts: Satoshi Numazaki, General Manager, Corporate Staff Division Tel: +81-3-6775-4401
Scheduled date to commence dividend payments: -Preparation of supplementary material on financial results: No Holding of financial results briefing: No
(Yen amounts are rounded down to millions, unless otherwise noted.)
-
Consolidated financial results for the nine months ended December 31, 2025 (April 1, 2025 to
December 31, 2025)
-
Consolidated operating results (cumulative) (Figures in percentages denote year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Nine months ended December 31, 2025
December 31, 2024
Millions of yen
25,212
28,143
%
(10.4)
(3.0)
Millions of yen
(734)
1,539
%
-31.8
Millions of yen
(564)
1,595
%
-27.9
Millions of yen
(465)
998
%
-40.8
Note: Comprehensive income
For the nine months ended December 31, 2025:
Â¥(299) million
[-%]
For the nine months ended December 31, 2024:
Â¥1,109 million
[23.7%]
Profit per share
Fully diluted profit per share
Nine months ended December 31, 2025
December 31, 2024
Yen
(22.36)
48.00
Yen
-
-
- Consolidated financial position
Total assets
Net assets
Equity ratio
As of
December 31, 2025
March 31, 2025
Millions of yen
49,556
56,727
Millions of yen
37,769
39,192
%
76.2
69.1
Reference: Shareholders' equity
As of December 31, 2025: ¥37,769 million As of March 31, 2025: ¥39,192 million
-
Consolidated operating results (cumulative) (Figures in percentages denote year-on-year changes.)
-
Dividends
Dividends per share
End of Q1
End of Q2
End of Q3
Fiscal year end
Annual
Yen
-
-
Yen
Yen
-
-
Yen
Yen
Fiscal year ended March 31, 2025
25.00
30.00
55.00
Fiscal year ending March 31, 2026
25.00
Fiscal year ending March 31, 2026 (Forecast)
30.00
55.00
Note: Revisions to the forecast of cash dividends most recently announced: No
- Forecasts for consolidated financial results for the fiscal year ending March 31, 2026 (April 1, 2025 to March 31, 2026)
(Figures in percentages denote year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Profit per share | |||||
Full year | Millions of yen 39,000 | % (3.9) | Millions of yen 1,400 | % (60.4) | Millions of yen 1,500 | % (58.4) | Millions of yen 1,000 | % (59.0) | Yen 48.05 |
Note: Revisions to the earnings forecasts most recently announced: No
* NotesSignificant changes in the scope of consolidation during the period: No
Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: Yes
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies associated with the revision of accounting standards, etc.: No
Changes in accounting policies other than (i): No
Changes in accounting estimates: No
Restatement: No
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2025
20,900,000 shares
As of March 31, 2025
20,900,000 shares
Number of treasury shares at the end of the period
As of December 31, 2025
87,163 shares
As of March 31, 2025
99,687 shares
Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2025 | 20,810,551 shares |
Nine months ended December 31, 2024 | 20,802,982 shares |
Review of the Japanese-language originals of the attached quarterly consolidated financial statements by certified public accountants or audit corporations: No
Explanation regarding the proper use of results forecasts and other important notes (Disclaimer regarding forward-looking statements)
Forward-looking statements such as results forecasts provided in this document are prepared based on currently available information and assumptions that are deemed reasonable, but the Company does not intend to guarantee their achievement. Actual results may differ significantly from the above forecasts for various reasons.
INES Corporation (9742)
Quarterly consolidated financial statements (1) Quarterly consolidated balance sheetsAssets
(Millions of yen) As of March 31, 2025 As of December 31, 2025
Current assets
Cash and deposits 8,205 8,860
Notes and accounts receivable - trade, and contract assets | 15,473 | 7,582 |
Securities | - | 1,124 |
Work in process | 399 | 969 |
Raw materials and supplies | 55 | 46 |
Prepaid expenses | 505 | 563 |
Other | 139 | 292 |
Allowance for doubtful accounts | (15) | (8) |
Total current assets | 24,764 | 19,431 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures | 5,951 | 6,028 |
Accumulated depreciation | (665) | (875) |
Buildings and structures, net | 5,286 | 5,152 |
Tools, furniture and fixtures | 4,020 | 4,058 |
Accumulated depreciation | (2,951) | (3,171) |
Tools, furniture and fixtures, net | 1,068 | 887 |
Land | 5,299 | 5,299 |
Total property, plant and equipment | 11,654 | 11,339 |
Intangible assets | ||
Software | 3,216 | 4,382 |
Other | 22 | 22 |
Total intangible assets | 3,238 | 4,405 |
Investments and other assets | ||
Investment securities | 11,836 | 8,894 |
Long-term prepaid expenses | 503 | 371 |
Deferred tax assets | 3,514 | 3,979 |
Other | 1,215 | 1,134 |
Total investments and other assets | 17,069 | 14,379 |
Total non-current assets | 31,963 | 30,125 |
Total assets | 56,727 | 49,556 |
INES Corporation (9742)
Liabilities
(Millions of yen) As of March 31, 2025 As of December 31, 2025
Current liabilities
Accounts payable - trade | 2,639 | 1,563 |
Short-term borrowings | 3,000 | - |
Current portion of long-term borrowings | 833 | 833 |
Accrued expenses | 960 | 891 |
Income taxes payable | 253 | 303 |
Accrued consumption taxes | 571 | 100 |
Advances received | 136 | 194 |
Provision for bonuses | 925 | 393 |
Provision for bonuses for directors (and other officers) | 107 | 85 |
Provision for loss on orders received | - | 31 |
Asset retirement obligations | 10 | 8 |
Other | 526 | 932 |
Total current liabilities | 9,965 | 5,336 |
Non-current liabilities
Long-term borrowings 3,749 3,124
Provision for retirement benefits for directors (and other officers) | 35 | 22 |
Retirement benefit liability | 2,866 | 2,390 |
Asset retirement obligations | 146 | 143 |
Other | 772 | 770 |
Total non-current liabilities | 7,569 | 6,450 |
Total liabilities | 17,535 | 11,787 |
Net assets | ||
Shareholders' equity | ||
Share capital | 15,000 | 15,000 |
Capital surplus | 10,102 | 10,108 |
Retained earnings | 13,835 | 12,225 |
Treasury shares | (120) | (106) |
Total shareholders' equity | 38,816 | 37,227 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 153 | 301 |
Remeasurements of defined benefit plans | 222 | 239 |
Total accumulated other comprehensive income | 375 | 541 |
Total net assets | 39,192 | 37,769 |
Total liabilities and net assets | 56,727 | 49,556 |
