* Disclaimer:
This document has been translated from 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.
Securities Code：9474
Financial Results for the First 3 Quarters of Fiscal 2026 (Year Ending March 31, 2026)Jun. 30, 2026
Summary of Results for the First 3 Quarters of Fiscal 2026
１) Summary of Financial Results
ï¼’) Changes in Net sales, Income and Profit
３) Changes in Sales by Business
ï¼”) Causes for Change in EBITDA, Operating profit ã€Sales / Cost】
５) Capital Expenditure, Depreciation and R&D Cost
* Note:
This document contains forward-looking statements based on assumptions, forecasts and plans in light of information available to ZENRIN Co., Ltd. as of the preparation date of this document. Actual performance may vary significantly from the forecast figures due to various risks and uncertainties owing to global economic trends, market demand, status of competition, exchange fluctuations and other factors.
The information that appears in this document rounds down fractions to the nearest specified unit and rounds off decimals in the percentage of change to the first decimal place.
In addition, cases where the percentage of change exceeds 1000% and cases where one or both of the items of comparison are negative are shown as "-."
© ZENRIN CO., LTD. All Rights Reserved.
1
１) Summary of Financial Results
Q3 YTD (9M) FY2026
Key Points
Net sales: Achieved 5th consecutive year of growth
EBITDA and Operating profit: Remained at the same level as the previous year
While Net sales in the Mobility Solution Business declined-impacted by a reactionary drop from one-off sales in Q1 FY24 and sluggish car navigation data sales-overall revenue increased. This growth was primarily driven by the Public Solution Business, fueled by increased provision of residential map data, a rise in first-half contract projects, and resilient performance in stock-based services such as GIS Packages.
In terms of profit and loss, while there was a positive impact from higher revenue, EBITDA saw a slight year-on-year increase and operating profit decreased slightly, due to factors such as changes in the sales mix and rising personnel costs. ; Ordinary profit increased year on year due to an increase in dividend income and the impact of foreign exchange, while Profit attributable to owners of parent decreased slightly due to the impact of income taxes.
(Amounts in million yen) | â‘ Q3 YTD (9M) FY25 Actual | â‘¡ Q3 YTD (9M) FY26 Actual | YoY（②ï¼â‘ ） | |
rate of % | ||||
Net sales | 44,355 | 45,171 | ＋ 816 | ＋ 1.8% |
Operating expenses | 43,624 | 44,479 | ＋ 855 | ＋ 2.0% |
EBITDA （EBITDA Margin） | 4,911 11.1% | 4,959 11.0% | ＋ 47 - 0.1pt | ＋ 1.0% - |
Operating profit （Ｏperating Margin） | 731 1.6% | 692 1.5% | - 38 - 0.1pt | - 5.3% - |
Ordinary profit | 711 | 1,020 | ＋ 308 | ＋ 43.4% |
Profit attributable to owners of parent | 541 | 509 | - 31 | - 5.8% |
ROE （Return On Equity） | 1.1% | 1.0% | - 0.1pt | - |
© ZENRIN CO., LTD. All Rights Reserved.
2
ï¼’) Changes in Net sales, Income and Profit
60,000
8,000
(Amounts in million yen)
39,990
40,210
42,013
44,355
45,171
3,870
4,911
4,959
50,000 6,000
3,083
2,992
2,067
40,000 4,000
731
692
321
711
1,020
180
541
509
30,000 2,000
61
20,000 0
-851
-1,104
-643
-1,097
-871
10,000 â–³2,000
21/12
22/12
23/12
24/12
25/12
21/12
22/12
23/12
24/12
25/12
21/12
22/12
23/12
24/12
25/12
21/12
22/12
23/12
24/12
25/12
21/12
22/12
23/12
24/12
25/12
0 â–³4,000
Net sales EBITDAOperating profit
Ordinary profit
Profit attributable to owners of parent
YoY
(rate of %)
＋ 816 million yen (+ 1.8%)
＋ 47 million yen (+ 1.0%)
- 38 million yen (ï¼ 5.3%)
＋ 308 million yen (+ 43.4%)
- 31 million yen (ï¼ 5.8%)
5th Consecutive 9M Net sales Growth
2nd Consecutive 9M EBITDA Growth
First 9M Profit Decline in 2 Years
2nd Consecutive
9M Profit Growth
First 9M Profit Decline
in 2 Years
© ZENRIN CO., LTD. All Rights Reserved.
3
３) Changes in Sales by Business
YoY
(rate of %)
Business overview of Q3 YTD (9M) FY26
(Amounts in billion yen)
Total
44.3 45.1
9.8
4.8
4.6
10.4
4.6
6.4
+ 0.8
(+ 1.8%)
Product Solution
＋ 0.5
(＋ 6.0%)
Marketing Solution
- 0.2
(ï¼ 4.6%)
ー
Steady growth in stock-based services such as GIS packages
Decrease in general commercial printing
12.3
12.5
+ 1.7
Public Solution
(＋ 38.5%)
Increase provision of residential map data for fire department dispatch systems
Increase in census-related contract projects in H1 (vs. occurring in 4Q last year)
Infrastructure Solution
＋ 0.1
(＋ 1.6%)
Steady growth in stock-based services such as ZENRIN Maps API
Decrease in contract projects YoY
12.6
11.1
Mobility Solution
- 1.5
(ï¼ 12.2%)
Decrease in sales of car models adopting our data
Reduction of contract business at overseas subsidiaries (due to strategic review of unprofitable business)
（Reference） Domestic automobile sales
previous year
current year
rate of change
Q3 Cumulative （April to December）
3.29 M units
3.28 M units
ï¼0.3ï¼…
Q3 Period （October to December）
1.12 M units
1.10 M units
ï¼1.9ï¼…
（Source: Totaled by our company based on the figures published by the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association）
Reactionary drop following the recognition of approx. 400 million yen in one-time revenue in 1Q FY24 (related to underreported sales volume in previous years)
9M FY25 9M FY26
* The figures of FY25 are reclassified into the business segments of the Medium- to Long-Term Management Plan (ZGP2030).
© ZENRIN CO., LTD. All Rights Reserved. 4