Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 (Under Japanese GAAP)（380KB）

May 14, 2026

Company name: Sinanen Holdings Co., Ltd. Listing: Tokyo Stock Exchange Securities code: 8132

URL: https://sinanengroup.co.jp/en/

Representative: Taro Nakagome, Representative Director and President and Executive Officer Inquiries: Yosuke Nara, General Manager of Finance and Accounting Department Telephone: +81-3-6478-7811

Scheduled date of annual general meeting of shareholders: June 25, 2026 Scheduled date to commence dividend payments: June 26, 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, securities analysts, and the media)

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

1. Consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)
   1. Consolidated operating results (Percentage figures represent year-on-year change)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Fiscal year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      March 31, 2026	298,752	(5.8)	4,403	9.8	5,382	20.1	4,435	40.6
      March 31, 2025	317,118	(8.9)	4,009	-	4,483	-	3,153	-

      Note: Comprehensive income Fiscal year ended March 31, 2026: ¥5,980 million [118.4%]

      Fiscal year ended March 31, 2025: ¥2,739 million [447.5%]

      	Basic earnings per share	Diluted earnings per share	Return on equity	Ratio of ordinary profit to total assets	Ratio of operating profit to net sales
      Fiscal year ended	Yen	Yen	%	%	%
      March 31, 2026	407.79	-	7.7	5.0	1.5
      March 31, 2025	289.93	-	5.8	4.2	1.3

      Reference: Share of profit (loss) of entities accounted for using equity method

      Fiscal year ended March 31, 2026: ¥24 million Fiscal year ended March 31, 2025: ¥81 million

   2. Consolidated financial position

      	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
      As of	Millions of yen	Millions of yen	%	Yen
      March 31, 2026	108,083	60,124	55.6	5,535.81
      March 31, 2025	105,934	55,230	52.1	5,075.05

      Reference: Equity As of March 31, 2026: ¥60,100 million As of March 31, 2025: ¥55,210 million

   3. Consolidated cash flows

   	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	Millions of yen 6,587	Millions of yen 198	Millions of yen (1,805)	Millions of yen 16,677
   March 31, 2025	10,531	(2,762)	(7,594)	11,705

2. Cash dividends

   	Annual dividends per share					Total dividend amount (Total)	Payout ratio (Consolidated)	Ratio of dividends to net assets (Consolidated)
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Total
   	Yen	Yen	Yen	Yen	Yen	Millions of yen	%	%
   Fiscal year ended March 31, 2025	-	-	-	90.00	90.00	979	31.0	1.8
   Fiscal year ended March 31, 2026	-	-	-	120.00	120.00	1,302	29.4	2.3
   Fiscal year ending March 31, 2027 (Forecast)	-	-	-	120.00	120.00		25.0

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

   (Percentages indicate year-on-year changes.)

   	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent		Basic earnings per share
   	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Yen
   Full year	334,500	12.0	6,400	45.3	6,600	22.6	5,200	17.2	480.02

   * Notes:

   1. Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): Yes

      Newly included: - companies (Company name)

      Excluded: 1 company (Company name) Sinanen Ecowork Co., Ltd.

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

      1. Changes in accounting policies due to revisions to accounting standards and other regulations: None

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

      3. Changes in accounting estimates: None

      4. Restatement: None

   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	11,046,591 shares
      As of March 31, 2025	11,946,591 shares

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

      As of March 31, 2026	189,901 shares
      As of March 31, 2025	1,067,826 shares

   3. Average number of shares during the period

(Note) Treasury shares were canceled on October 31, 2025, with the total number of shares issued reduced by 900,000.

1. Non-consolidated operating results (Percentages indicate year-on-year changes.)

   	Net sales		Operating profit		Ordinary profit		Profit
   Fiscal year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
   March 31, 2026	3,282	(1.9)	(168)	-	1,289	-	2,018	-
   March 31, 2025	3,345	15.1	(407)	-	(169)	-	(1,199)	-

   	Basic earnings per share	Diluted earnings per share
   Fiscal year ended	Yen	Yen
   March 31, 2026	185.58	-
   March 31, 2025	(110.28)	-

2. Non-consolidated financial position

   	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
   As of	Millions of yen	Millions of yen	%	Yen
   March 31, 2026	42,797	28,013	65.5	2,580.32
   March 31, 2025	39,482	25,605	64.9	2,353.73

   Reference: Equity

   As of March 31, 2026: ¥28,013 million As of March 31, 2025: ¥25,605 million

   • Financial results summaries are not subject to audit by certified public accountant or auditing firm.

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

The financial forecasts and other forward-looking statements contained herein are based on currently available

information and assumptions considered by the Company to be reasonable and do not represent a commitment from the Company that they will be achieved. Actual results may differ materially due to various factors. See "(4) Outlook" under "1. Overview of Operating Results" on page 5 of the attachment for the underlying assumptions of and precautions for using the forecasts.

• Attachment Table of Contents

1. Overview of Operating Results 2

   1. Overview of operating results for the fiscal year under review 2

   2. Overview of financial status for the fiscal year under review 3

   3. Overview of cash flow for the fiscal year under review 4

   4. Outlook 5

   5. Basic policy regarding distribution of profits and dividend for the fiscal year under review and following year 5

2. Basic Approach to Selecting Accounting Standards 6

3. Consolidated Financial Statements and Main Notes 7

   1. Consolidated balance sheet 7

   2. Consolidated statement of income and comprehensive income 9

   3. Consolidated statement of changes in equity 11

   4. Consolidated statement of cash flows 13

   5. Notes related to consolidated financial statements 15

(Notes related to the assumptions of a going concern) 15

(Notes on significant changes in the amount of shareholders' equity) 15

(Changes in method of presentation) 15

(Segment information) 16

(Per share information) 21

(Significant subsequent events) 22

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1. Overview of Operating Results

   1. Overview of operating results for the fiscal year under review

During the fiscal year under review, the Japanese economy continued to face a high degree of uncertainty caused by international conditions. In the energy sector, heightened geopolitical risks, centered on the Middle East, made crude oil and natural gas prices volatile, leaving the outlook for the energy procurement environment uncertain. In addition, fluctuations in foreign exchange rates and increases in various costs continued to require close attention in the business environment.

Crude oil prices and propane CP, which affect purchase prices for petroleum products and LP gas related to the Group's core businesses, have recently been on an upward trend due to factors such as the situation in the Middle East, but were soft over the full year.

Under these market conditions, in the fiscal year under review, with a view to the 100th anniversary of its founding in April 2027, the Company, under the Third Medium-Term Management Plan, moved forward with preparations to integrate the four core companies in the energy business in order to strengthen its domestic businesses and pursue its growth strategy. In addition, to strengthen its retail service strategy, the Company developed human resources to improve service quality and worked to systematically organize its service offerings. In addition, the Company sold all shares of Sinanen Ecowork Co., Ltd. (currently KPP ECOWORKS Co., Ltd.) as part of its efforts to transform its business portfolio.

As a result, net sales were 298,752 million yen (down 5.8% year on year), operating profit was 4,403 million yen (up 9.8% year on year), ordinary profit was 5,382 million yen (up 20.1% year on year), and profit attributable to owners of parent was 4,435 million yen (up 40.6% year on year), achieving record-high profit.

Segment status is as follows.

[Retail/Wholesale Energy & Related Business (B to C Business)]

In terms of sales, sales declined due to lower sales volumes in kerosene and gas sales resulting from warm weather, as well as the impact of propane CP prices trending lower year on year.

In terms of profit and loss, profit increased due to cost reductions resulting from withdrawal from unprofitable businesses implemented in the previous fiscal year.

As a result, net sales in the Retail/Wholesale Energy & Related Business (BtoC Business) for the fiscal year under review were 71,227 million yen (down 5.5% year on year), and operating profit was 1,337 million yen (up 31.2% year on year).

[Energy Solution Business (BtoB Business)]

In terms of sales, sales volume of diesel fuel remained firm, but sales declined due mainly to the impact of lower sales volumes for other oil products resulting from warm weather.

In terms of profit and loss, profit decreased mainly due to a narrowing of margins in negotiated electricity sales transactions.

As a result, net sales in the Energy Solution Business (BtoB Business) for the fiscal year under review were 204,476 million yen (down 7.2% year on year), and operating profit was 1,566 million yen (down 24.4% year on year).

[Non-energy Business]

The business achieved higher sales and profit mainly due to the strong performance of the comprehensive building maintenance business and bicycle sharing business.

The comprehensive building maintenance business (Sinanen Axia Co., Ltd.) posted higher net sales and profit as the expansion of areas for apartment building maintenance services and facility operation services for funeral halls, hospitals, and other facilities progressed steadily.

Bicycle sharing business operator Sinanen Mobility Plus Co., Ltd. steadily expanded its market share by promoting development of locations for the bicycle sharing service DAICHARI. In addition, sales and profit increased due to steady growth in the number of uses and the effects of price revisions.

As a result, net sales in the Non-energy Business for the fiscal year under review were 22,839 million yen (up 8.0% year on year), and operating profit was 1,062 million yen (up 56.7% year on year).

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