Interim report
Page 1
DISCLAIMER: 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. October 14, 2026 Consolidated Financial Results for the Three Months Ended August 31, 2026 (Under Japanese GAAP) Company name: E ･J Holdings Inc. Listing: Tokyo Stock Exchange Securities code: 2153 URL: https://www.ej-hds.co.jp Representative: Yuji Kotani, President Inquiries: Yuji Nagata, Director Telephone: +81-86-252-7520 Scheduled date to commence dividend payments: - Preparation of supplementary material on financial results: None Holding of financial results briefing: None (Yen amounts are rounded down to millions, unless otherwise noted.) 1. Consolidated financial results for the three months ended August 31, 2026 (from June 1, 2026 to August 31, 2026) (1) Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Three months ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % August 31, 2026 5,072 18.3 (1,192) - (1,146) - (236) - August 31, 2025 4,286 39.1 (1,525) - (1,466) - (1,130) - Note: Comprehensive income For the three months ended August 31, 2026: ¥(77) million [-%] For the three months ended August 31, 2025: ¥(1,033) million [-%] Basic earnings per share Diluted earnings per share Three months ended Yen Yen August 31, 2026 (13.17) - August 31, 2025 (65.12) - (2) Consolidated financial position Total assets Net assets Equity-to-asset ratio As of Millions of yen Millions of yen % August 31, 2026 53,953 39,383 73.0 May 31, 2026 56,752 40,276 71.0 Reference: Equity As of August 31, 2026: ¥39,375 million As of May 31, 2026: ¥40,268 million 2. Cash dividends Annual dividends per share First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total Yen Yen Yen Yen Yen Fiscal year ended May 31, 2026 - 25.00 - 44.00 69.00 Fiscal year ending May 31, 2027 - Fiscal year ending May 31, 2027 (Forecast) 30.00 52.00 82.00 Note: Revisions to the forecast of cash dividends most recently announced: None Note: 1 Breakdown of dividends (forecast) at the end of the second quarter of the fiscal year ending May 31, 2027: ordinary dividend of 25 yen, commemorative dividend of 5 yen 2 Breakdown of year-end dividends (forecast) for the fiscal year ending May 31, 2027: Ordinary dividend of 47 yen, commemorative dividend of 5 yen 3. Forecast of consolidated financial results for the fiscal year ending May 31, 2027 (from June 1, 2026 to May 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 Fiscal year ending May 31, 2027 49,000 5.2 5,300 13.5 5,300 9.8 3,700 9.7 205.83
Page 2
Note: Revisions to the earnings forecasts most recently announced: None Note: The consolidated Group's net sales are disproportionately concentrated in the fourth quarter of the fiscal year due to the concentration of delivery times to central ministries and local governments, which are our main customers, at the end of the fiscal year, and it is extremely difficult to forecast the results of the six months of the fiscal year. Therefore, we have not announced our earnings forecast for the six months of the fiscal year.
Page 3
* Notes (1) Significant changes in the scope of consolidation during the period: None (2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None (3) Changes in accounting policies, changes in accounting estimates, and restatement (i) Changes in accounting policies due to revisions to accounting standards and other regulations: None (ii) Changes in accounting policies due to other reasons: None (iii) Changes in accounting estimates: None (iv) Restatement: None (4) Number of issued shares (common shares) (i) Total number of issued shares at the end of the period (including treasury shares) As of August 31, 2026 18,378,920 shares As of May 31, 2026 18,378,920 shares (ii) Number of treasury shares at the end of the period As of August 31, 2026 402,793 shares As of May 31, 2026 402,788 shares (iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) Three months ended August 31, 2026 17,976,128 shares Three months ended August 31, 2025 17,355,948 shares Note: The Company and its consolidated subsidiaries have introduced a stock-based compensation plan through trusts, and the number of treasury shares at the end of the fiscal year includes the Company's shares (401,617 shares in the first quarter of the fiscal year ending May 31, 2027 and 401,617 shares in the fiscal year ending May 31, 2026) owned by the trust. In addition, the Company's shares owned by the trust are included in treasury stock deducted in the calculation of the average number of shares during the period (401,617 shares in the first quarter of the fiscal year ending May 31, 2027 and 371,881 shares in the first quarter of the fiscal year ending May 31, 2026). * Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm:Yes (optional) * Proper use of earnings forecasts, and other special matters The forward-looking statements, including forecasts of financial results, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. However, the Company makes no guarantee that these forecasts will be achieved. Actual financial results, etc. may differ substantially due to various factors. For the conditions on which earnings forecasts are predicated and precautions for using earnings forecasts, please refer to "1. Summary of Operating Results, etc. (3) Explanation of Forward-Looking Information such as Consolidated Earnings Forecasts."
Page 4
Quarterly consolidated balance sheet (Millions of yen) As of May 31, 2026 As of August 31, 2026 Assets Current assets Cash and deposits 24,658 20,180 Accounts receivable - trade, and contract assets 7,211 4,389 Securities 200 100 Inventories 4,096 6,942 Other 918 1,423 Allowance for doubtful accounts (1) (1) Total current assets 37,083 33,033 Non-current assets Property, plant and equipment Buildings and structures, net 3,400 3,348 Land 3,510 3,510 Other, net 744 764 Total property, plant and equipment 7,655 7,624 Intangible assets Goodwill 2,817 2,719 Other 1,417 1,401 Total intangible assets 4,234 4,121 Investments and other assets Investment securities 3,447 4,867 Investment property, net 500 497 Deferred tax assets 252 183 Retirement benefit asset 2,213 2,203 Other 1,449 1,504 Allowance for doubtful accounts (83) (82) Total investments and other assets 7,779 9,174 Total non-current assets 19,668 20,919 Total assets 56,752 53,953
Page 5
(Millions of yen) As of May 31, 2026 As of August 31, 2026 Liabilities Current liabilities Accounts payable - operating 1,209 602 Current portion of long-term borrowings 558 515 Income taxes payable 675 982 Contract liabilities 1,726 2,379 Provision for bonuses 124 849 Provision for bonuses for directors (and other officers) 23 - Provision for loss on orders received 87 69 Other 4,351 1,865 Total current liabilities 8,756 7,264 Non-current liabilities Long-term borrowings 6,288 6,159 Deferred tax liabilities 890 570 Retirement benefit liability 97 93 Provision for share awards for directors (and other officers) 145 153 Provision for Employee Stock Ownership Plan Trust 38 41 Long-term accounts payable - other 131 140 Other 127 145 Total non-current liabilities 7,719 7,304 Total liabilities 16,476 14,569 Net assets Shareholders' equity Share capital 4,372 4,372 Capital surplus 5,948 5,948 Retained earnings 28,753 27,701 Treasury shares (469) (469) Total shareholders' equity 38,605 37,552 Accumulated other comprehensive income Valuation difference on available-for-sale securities 517 652 Foreign currency translation adjustment 56 111 Remeasurements of defined benefit plans 1,090 1,058 Total accumulated other comprehensive income 1,663 1,822 Non-controlling interests 8 8 Total net assets 40,276 39,383 Total liabilities and net assets 56,752 53,953
Page 6
Quarterly consolidated statement of income (Millions of yen) Three months ended August 31, 2025 Three months ended August 31, 2026 Net sales 4,286 5,072 Cost of sales 3,044 3,336 Gross profit 1,242 1,735 Selling, general and administrative expenses 2,767 2,927 Operating loss (1,525) (1,192) Non-operating income Interest income 9 27 Dividend income 6 6 Share of profit of entities accounted for using equity method 10 3 Rental income from real estate 15 14 Gain on settlement of easement 54 - Other 12 33 Total non-operating income 107 85 Non-operating expenses Interest expenses 15 21 Rental expenses on real estate 7 9 Guarantee commission 3 3 Foreign exchange losses 1 0 Share issuance costs 20 - Other 0 4 Total non-operating expenses 48 39 Ordinary loss (1,466) (1,146) Extraordinary income Gain on sale of non-current assets 0 0 Gain on sale of investment securities 1 1,514 Gain on transition to retirement benefit plan 7 - Total extraordinary income 9 1,514 Extraordinary losses Loss on retirement of non-current assets 43 - Consolidated subsidiary anniversary commemorative expenses 46 - Total extraordinary losses 90 - Profit (loss) before income taxes (1,547) 368 Income taxes - current 49 903 Income taxes - deferred (466) (298) Total income taxes (417) 605 Loss (1,130) (236) Loss attributable to owners of parent (1,130) (236)
Page 7
Quarterly consolidated statement of comprehensive income (Millions of yen) Three months ended August 31, 2025 Three months ended August 31, 2026 Loss (1,130) (236) Other comprehensive income Valuation difference on available-for-sale securities 102 135 Foreign currency translation adjustment 1 0 Remeasurements of defined benefit plans, net of tax (7) (31) Share of other comprehensive income of entities accounted for using equity method 0 54 Total other comprehensive income 97 158 Comprehensive income (1,033) (77) Comprehensive income attributable to Comprehensive income attributable to owners of parent (1,034) (77) Comprehensive income attributable to non-controlling interests 1 (0)
Page 8
(Notes on segment information, etc.) (Segment information) The three months of the previous fiscal year (June 1, 2025 to August 31, 2025) and the three months of the current fiscal yea r (June 1, 2026 to August 31, 2026) From the viewpoint of determining the allocation of management resources and evaluating performance, the Consolidated Group i s engaged only in the general construction consultancy business and is a single segment, so there are no matters to be disclosed.