Interim report
Page 1
Translation Notice : This document is an excerpt translation of the original Japanese document and is only for reference purposes . In the event of any discrepancy between this translated document and the original Japanese document , the latter shall prevail . Consolidated Financial Results for the Three Months Ended June 30 , 2026 ( Based on Japanese GAAP ) Company name : CUBE SYSTEM INC . Stock exchange listing : Tokyo Stock code : 2335 URL https://www.cubesystem.co.jp/en/ Representative : Representative Director and President Inquiries : Executive Officer Masahiro Nakanishi Toshifumi Nomura TEL + 81- ( 0 ) 3-5487-6030 Scheduled date to commence dividend payments : Preparation of supplementary material on financial results : Holding of financial results meeting : Yes No August 5 , 2026 1. Consolidated financial results for the three months ended June 30 , 2026 ( from April 1 , 2026 to June 30 , 2026 ) ( 1 ) Consolidated operating results ( cumulative ) ( Amounts less than one million yen are rounded down ) Percentages indicate year - on - year changes Profit attributable to Net sales Millions of yen Operating profit Ordinary profit owners of parent Three months ended June 30 , 2026 Three months ended June 30 , 2025 4,552 % Millions of yen 0.1 355 % ( 11.8 ) Millions of yen % Millions of yen % 355 ( 13.8 ) 222 10.9 4,546 Earnings per share 3.1 402 82.6 412 81.6 200 27.1 Diluted earnings per share Yen Yen Three months ended June 30 , 2026 Three months ended June 30 , 2025 14.63 13.30 ( 2 ) Consolidated financial position Total assets As of June 30 , 2026 As of March 31 , 2026 2. Cash dividends Year ended March 31 , 2026 Millions of yen 14,264 14,901 Net assets Equity ratio Net assets per share Millions of yen % Yen 11,153 78.2 734.79 11,404 76.5 751.46 1st quarter - end 2nd quarter - end Annual dividends per share 3rd quarter - end Fiscal year - end Total Yen Yen 20.00 Yen Yen Yen 26.00 46.00 Year ending March 31 , 2027 Year ending March 31 , 2027 ( Forecast ) 22.00 Note : Correction of dividend forecast from the most recent dividend forecast : None 3. Forecast of consolidated financial results for the year ending March 31 , 2027 ( from April 1 , 2026 to March 31 , 2027 ) 24.00 46.00 Percentages indicate year - on - year changes Profit attributable to Net sales Operating profit Ordinary profit Earnings per share owners of parent Six months ending Millions of yen 9,300 % Millions of yen 1.7 741 % Millions of yen 1.4 % Millions of yen % Yen 751 1.7 600 83 8.3 39.59 September 30 , 2026 Full year 20,000 8.1 1,800 15.5 1,810 14.4 1,500 ( 4.1 ) 98.83 Note : Correction of financial forecast from the most recent financial forecast : None
Page 2
2 * Notes (1) Significant changes in the scope of consolidation during the three months ended June 30, 2026: No (2) Application of special accounting methods for preparing quarterly consolidated financial statements: No (3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements Changes in accounting policies due to revisions to accounting standards and other regulations: No Changes in accounting policies due to other reasons: No Changes in accounting estimates: No Restatement of prior period financial statements: No (4) Number of issued shares (common shares) Total number of issued shares at the end of the period (including treasury shares) As of June 30, 2026 15,750,000 shares As of March 31, 2026 15,750,000 shares Number of treasury shares at the end of the period As of June 30, 2026 570,636 shares As of March 31, 2026 572,954 shares Average number of shares during the period (cumulative from the beginning of the fiscal year) Three months ended June 30, 2026 15,178,931 shares Three months ended June 30, 2025 15,058,714 shares
Page 3
3 Quarterly consolidated financial statements Consolidated balance sheets (Millions of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and deposits 6,846 7,177 Accounts receivable - trade, and contract assets 3,694 2,899 Securities 99 - Work in process 0 2 Allowance for doubtful accounts (0) - Other 255 269 Total current assets 10,896 10,350 Non-current assets Property, plant and equipment 469 443 Intangible assets 42 47 Investments and other assets Investment securities 1,495 1,435 Retirement benefit asset 1,287 1,281 Deferred tax assets - 0 Other 710 706 Total investments and other assets 3,493 3,423 Total non-current assets 4,005 3,913 Total assets 14,901 14,264 Liabilities Current liabilities Accounts payable - trade 800 791 Short-term borrowings 230 230 Income taxes payable 372 22 Provision for bonuses 469 261 Provision for bonuses for directors (and other officers) 7 2 Provision for loss on orders received 180 76 Other 676 863 Total current liabilities 2,736 2,249 Non-current liabilities Provision for share-based payments 225 230 Provision for share awards 66 71 Asset retirement obligations 291 292 Other 176 267 Total non-current liabilities 759 861 Total liabilities 3,496 3,110 Net assets Shareholders' equity Share capital 1,400 1,400 Capital surplus 1,491 1,491 Retained earnings 8,430 8,243 Treasury shares (546) (544) Total shareholders' equity 10,775 10,590 Accumulated other comprehensive income Valuation difference on available-for-sale securities 451 400 Foreign currency translation adjustment 47 49 Remeasurements of defined benefit plans 129 112 Total accumulated other comprehensive income 629 562 Total net assets 11,404 11,153 Total liabilities and net assets 14,901 14,264
Page 4
4 Consolidated statements of income (cumulative) and consolidated statements of comprehensive income (cumulative) Consolidated statements of income (cumulative) (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Net sales 4,546 4,552 Cost of sales 3,425 3,485 Gross profit 1,120 1,066 Selling, general and administrative expenses 717 711 Operating profit 402 355 Non-operating income Interest income 1 0 Dividend income 5 4 Foreign exchange gains 1 - Other 3 0 Total non-operating income 11 6 Non-operating expenses Interest expenses 0 1 Foreign exchange losses - 2 Other 1 2 Total non-operating expenses 2 6 Ordinary profit 412 355 Extraordinary income Gain on sale of investment securities 1 - Total extraordinary income 1 - Profit before income taxes 413 355 Income taxes 213 133 Net profit 200 222 Profit attributable to owners of parent 200 222
Page 5
5 Consolidated statements of comprehensive income (cumulative) (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Net profit 200 222 Other comprehensive income Valuation difference on available-for-sale securities 140 (51) Foreign currency translation adjustment (5) 2 Remeasurements of defined benefit plans, net of tax (50) (17) Total other comprehensive income 85 (66) Comprehensive income 285 155 Comprehensive income attributable to Comprehensive income attributable to owners of parent 285 155