Consolidated Financial Statements for the Fiscal Year Ended March 31, 2026（PDF：213KB）

May 7, 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: Masatoshi Mihara, General Manager, Corporate Staff Division Tel: +81-3-6775-4401

Scheduled date of annual general meeting of shareholders: June 23, 2026 Scheduled date to commence dividend payments: June 24, 2026 Scheduled date to file annual securities report: June 22, 2026 Preparation of supplementary material on financial results: Yes

Holding of financial results briefing: Yes (for institutional investors and analysts)

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

1. Consolidated financial results for the fiscal year ended March 31, 2026 (April 1, 2025 to March 31, 2026)
   1. Consolidated operating results (Figures in percentages denote year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Fiscal year ended March 31, 2026 March 31, 2025	Millions of yen 36,616 40,563	% (9.7) 0.0	Millions of yen (647) 3,536	% -22.9	Millions of yen (460) 3,608	% -32.0	Millions of yen (1,843) 2,436	% -35.7

      Note: Comprehensive income	For the fiscal year ended March 31, 2026:	¥(1,102) million	[-%]
      	For the fiscal year ended March 31, 2025:	¥2,420 million	[(4.3)%]

      	Profit per share	Fully diluted profit per share	Profit/ Shareholders' equity	Ordinary profit/ Total assets	Operating profit/ Net sales
      Fiscal year ended March 31, 2026 March 31, 2025	Yen (88.57) 117.13	Yen - -	% (4.8) 6.3	% (0.9) 6.5	% (1.8) 8.7

      Reference: Equity in earnings of affiliated companies

      For the fiscal year ended March 31, 2026: ¥- million For the fiscal year ended March 31, 2025: ¥- million

   2. Consolidated financial position

      	Total assets	Net assets	Equity ratio	Net assets per share
      As of March 31, 2026 March 31, 2025	Millions of yen 49,361 56,727	Millions of yen 36,966 39,192	% 74.9 69.1	Yen 1,776.13 1,884.21

      Reference: Shareholders' equity

      As of March 31, 2026: ¥36,966 million

      As of March 31, 2025: ¥39,192 million

   3. Consolidated cash flow situation

   	Cash flows from operating activities	Cash flows from investing activities	Cash flows from financing activities	Cash and cash equivalents at end of period
   Fiscal year ended March 31, 2026 March 31, 2025	Millions of yen 3,480 1,478	Millions of yen 1,779 (288)	Millions of yen (4,979) 1,536	Millions of yen 8,273 7,991

2. Dividends

   	Dividends per share					Total dividends (annual)	Dividend payout ratio (consolidated)	Dividends/ Net assets (consolidated)
   	End of Q1	End of Q2	End of Q3	Fiscal year end	Annual
   	Yen - -	Yen	Yen - -	Yen	Yen	Millions of yen 1,144 1,040	%	%
   Fiscal year ended March 31, 2025		25.00		30.00	55.00		47.0	3.0
   Fiscal year ended March 31, 2026		25.00		25.00	50.00		-	2.7
   Fiscal year ending March 31, 2027 (Forecast)	-	-	-	-	55.00		67.3

   Note: The dividend forecasts for the end of the second quarter and the fiscal year end of the fiscal year ending March 31, 2027 are to be determined at this time.

3. Forecasts for consolidated financial results for the fiscal year ending March 31, 2027 (April 1, 2026 to March 31, 2027)

(Figures in percentages denote year-on-year changes.)

1. Significant changes in the scope of consolidation during this fiscal year under review: No

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

   1. Changes in accounting policies associated with the revision of accounting standards, etc.: No

   2. Changes in accounting policies other than (i): No

   3. Changes in accounting estimates: No

   4. Restatement: No

3. Number of issued shares (common shares)

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

      As of March 31, 2026	20,900,000 shares
      As of March 31, 2025	20,900,000 shares

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

      As of March 31, 2026	87,301 shares
      As of March 31, 2025	99,687 shares

   3. Average number of shares outstanding during the period

• Financial results reports are not subject to audit procedures performed by certified public accountants or audit corporations.

• 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)

(Millions of yen)

As of March 31, 2025 As of March 31, 2026

Assets

Current assets

INES Corporation (9742)

(Millions of yen)

As of March 31, 2025 As of March 31, 2026

Liabilities

Current liabilities

Non-current liabilities