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FY2026 1st Quarter Financial Results Supplementary Materials - August 6 , 2026- Keio Corporation Note : 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 . ΚΕΙΟ あなた と あたらしい あした へ 京王 グループ
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© Keio Corp. | 2 Performance Summary ✓ For FY2026, we will maintain the plan announced on May 13, 2026 and continue to closely monitor future developments. ✓ Supported by continued increases in property sales in Real Estate Sales and passenger volumes in Railways, operating revenue is projected to reach a record high of 504.0 billion yen, up 7.0 billion yen year-on-year. ✓ Operating profit is projected to total 51.0 billion yen, down 1.3 billion yen year on year, due to factors such as an increase in depreciation related to both the recording of asset retirement obligations associated with the Shinjuku redevelopment and room renovations in Hotels. Meanwhile, profit attributable to owners of parent is expected to be 43.0 billion yen. ✓ The annual dividend for FY2026 is scheduled to be 22.0 yen per share (110.0 yen, pre-split basis). ✓ Due mainly to the sale of large-scale properties in Real Estate Sales and an increase in passenger volumes in Railways, operating revenue increased year-on-year in Real Estate, Transportation, and Hotels to 123.1 billion yen, up 9.4 billion yen year-on-year. ✓ Due mainly to an increase in depreciation expenses in Railways, operating profit was 16.1 billion yen, down 0.4 billion yen year-on-year, profit attributable to owners of the parent was 11.7 billion yen, down 0.2 billion yen year-on-year. ✓ Compared with the plan, although power costs increased in Railways, operating profit was broadly in line with the plan, supported by better-than-expected performance in Hotels and Real Estate Sales. FY2026 Full-Year Earnings Forecasts FY2026 1st Quarter Results For details, see page 4 onward. For details, see page 20 onward.
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© Keio Corp. | 3 INDEX INDEX 01．FY2026 1st Quarter Results Consolidated Statements of Income Overview by Segment Segment Information Non-Operating Income/Expenses and Extraordinary P/L Consolidated Balance Sheets 02．FY2026 Full-Year Earnings Forecasts Consolidated Statements of Income Overview by Segment Segment Information
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FY2026 1st Quarter Results
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© Keio Corp. | 5 Consolidated Statements of Income * EBITDA is operating profit + depreciation and amortization + amortization of goodwill. (Units: ¥ billion) FY2026 1Q Results FY2025 1Q Results FY2026 1Q Plan (based on May 13, 2026 announcement) Operating Revenues 123.1 113.7 9.4 （ 8.3 ） 121.5 1.6 （ 1.4 ） Operating Profit 16.1 16.6 -0.4 （ -2.9 ） 16.1 0.0 （ 0.5 ） Ordinary Profit 16.1 16.8 -0.6 （ -3.8 ） 15.8 0.3 （ 2.1 ） Profit Attributable to Owners of Parent 11.7 11.9 -0.2 （ -2.2 ） 12.1 -0.3 （ -3.2 ） EBITDA 25.7 24.9 0.7 （ 3.1 ） 25.7 0.0 （ 0.0 ） Depreciation and Amortization 9.5 8.2 1.2 （ 15.2 ） 9.5 -0.0 （ -0.7 ） Change (% ) Change (% )
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© Keio Corp. | 6 Overview by Segment • YoY , revenue increased in all segments except Construction and Maintenance and Life Services, while profit increased in Real Estate and Hotels. • Although profit declined in Transportation, Hotels and Real Estate outperformed expectations, and operating profit was broadly in line with the plan. (Units: ¥ billion) FY2026 1Q Results FY2025 1Q Results FY2026 1Q Plan (based on May 13, 2026 announcement) Operating Revenues 123.1 113.7 9.4 （ 8.3 ） 121.5 1.6 （ 1.4 ） Transportation 34.5 33.4 1.0 （ 3.2 ） 34.1 0.3 （ 1.2 ） Real Estate 33.3 23.1 10.2 （ 44.2 ） 34.0 -0.7 （ -2.1 ） Hotels 16.0 15.5 0.4 （ 3.2 ） 15.6 0.3 （ 2.2 ） Construction and Maintenance 12.2 14.4 -2.2 （ -15.5 ） 12.9 -0.7 （ -5.9 ） Life Services 34.7 34.8 -0.1 （ -0.4 ） 34.2 0.4 （ 1.3 ） Elimination -7.6 -7.6 0.0 （ － ） -9.6 1.9 （ － ） Operating Profit 16.1 16.6 -0.4 （ -2.9 ） 16.1 0.0 （ 0.5 ） Transportation 5.1 6.1 -0.9 （ -15.9 ） 5.7 -0.5 （ -8.9 ） Real Estate 5.8 4.8 1.0 （ 20.9 ） 5.6 0.1 （ 2.9 ） Hotels 3.9 3.9 0.0 （ 1.0 ） 3.3 0.6 （ 18.2 ） Construction and Maintenance 0.1 0.2 -0.0 （ -34.1 ） 0.2 -0.0 （ -24.5 ） Life Services 0.9 1.4 -0.5 （ -35.3 ） 0.9 -0.0 （ -2.4 ） Elimination 0.1 0.0 0.0 （ 73.2 ） 0.2 -0.1 （ -50.7 ） Change (% ) Change (% )
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© Keio Corp. | 7 Segment Information • In Railways, passenger volumes exceeded the previous fiscal year for both commuter-pass and non-commuter-pass services; however, despite higher revenue, profit declined due to increases in depreciation expenses, personnel expenses, and power costs. • In Bus Services, revenue increased for both fixed-route and highway buses, while operating profit was in line with the previous fiscal year due to higher personnel expenses and depreciation. Transportation (Units: ¥ billion) FY2026 1Q Results FY2025 1Q Results 34.5 33.4 1.0 （ 3.2 ） Railways 22.7 22.2 0.5 （ 2.4 ） Bus Services 10.1 9.6 0.4 （ 4.9 ） Taxi Services 2.7 2.6 0.1 （ 5.8 ） Elimination -1.1 -1.0 -0.0 （ － ） 5.1 6.1 -0.9 （ -15.9 ） Railways 3.6 4.7 -1.1 （ -23.5 ） Bus Services 1.5 1.4 0.0 （ 2.8 ） Taxi Services 0.0 -0.0 0.0 （ － ） 10.9 11.0 -0.1 （ -1.0 ） 5.7 4.9 0.8 （ 17.8 ） EBITDA Depreciation and Amortization Operating Revenues Operating Profit Change (% )
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© Keio Corp. | 8 ▍ Railways Transportation Results Segment Information Transportation (Units: Thousands of People, ¥ million) FY2026 1Q Results FY2025 1Q Results 158,019 155,243 2,776 （ 1.8 ） Commuter-Pass 88,092 86,688 1,404 （ 1.6 ） Business 63,459 62,263 1,196 （ 1.9 ） Student 24,633 24,425 208 （ 0.9 ） Non-Commuter-Pass 69,927 68,555 1,372 （ 2.0 ） 21,509 21,073 436 （ 2.1 ） Commuter-Pass 8,245 8,115 130 （ 1.6 ） Business 7,345 7,219 125 （ 1.7 ） Student 899 895 4 （ 0.5 ） Non-Commuter-Pass 13,264 12,957 306 （ 2.4 ） Change (% ) Passengers Transported Passenger Revenues
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© Keio Corp. | 9 1.8 1.9 2.0 2.3 3.5 1.7 1.7 1.4 2.0 2.9 2.0 2.4 2.8 2.6 -0.0 0 10 20 30 40 50 60 -2.0 0.0 2.0 4.0 6.0 2025 Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2026 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2027 Jan. Feb. Mar. Passengers transported YoY comparison (results) Comparison to previous year (plan) Full-year Plan Apr. May Jun. 1Q Commuter Pass total 2.0 1.2 1.7 1.6 Business 2.2 1.5 2.1 1.9 Student 1.4 0.6 0.7 0.9 Non-Commuter Pass 3.7 4.5 -2.3 2.0 Total 2.8 2.6 -0.0 1.8 （％） FY2026 Full Year Plan 0.8 0.6 1.6 1.8 1.2 Segment Information Transportation ▍Railways: Total number of passengers transported ▍FY2026 Passengers transported (Railways, YoY) YoY comparison (left axis) Passengers transported (right axis) (Millions of passengers) FY2026FY2025 (Unit: %) Plan 1.2 FY2026 (vs. FY2025) Full year, cumulative (%) Results 1.8 1Q, cumulative (%)
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© Keio Corp. | 10 1.5 2.1 2.0 2.4 4.1 1.3 1.5 1.6 1.9 3.2 1.8 2.6 3.2 3.5 - 0.6 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 -2.0 0.0 2.0 4.0 6.0 2025 Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2026 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2027 Jan. Feb. Mar. Passenger Revenues YoY comparison (results) Comparison to previous year (plan) Full-year Plan （％） Apr. May Jun. 1Q Commuter Pass total 1.9 1.2 1.8 1.6 Business 2.0 1.3 2.0 1.7 Student 0.8 0.2 0.4 0.5 Non-Commuter Pass 4.1 4.9 -2.1 2.4 Total 3.2 3.5 -0.6 2.1 FY2026 Full Year Plan 0.7 0.7 1.0 2.3 1.7 Segment Information Transportation ▍Railways: Total passenger revenues YoY comparison (left axis) Passenger revenues (right axis) ▍FY2026 Passenger revenues (Railways, YoY) (￥ billion) (Unit: %) FY2026FY2025 Plan 1.7 FY2026 (vs. FY2025) Full year, cumulative (%) Results 2.1 1Q, cumulative (%)
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© Keio Corp. | 11 Segment Information Real Estate • Revenue and profit increased, driven by Real Estate Sales, including contributions from large-scale properties of Keio Corporation whose sale timing had been revised in the previous fiscal year. (Units: ¥ billion) FY2026 1Q Results FY2025 1Q Results 33.3 23.1 10.2 （ 44.2 ） Real Estate Leasing 15.3 15.4 -0.1 （ -1.1 ） Real Estate Sales 22.5 12.1 10.4 （ 85.6 ） Elimination -4.5 -4.5 -0.0 （ － ） 5.8 4.8 1.0 （ 20.9 ） Real Estate Leasing 2.6 2.9 -0.2 （ -9.6 ） Real Estate Sales 3.0 1.9 1.0 （ 52.8 ） 7.4 6.5 0.9 （ 14.7 ） 1.6 1.7 -0.0 （ -2.6 ） EBITDA Depreciation and Amortization Operating Revenues Operating Profit Change (% )
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© Keio Corp. | 12 • Against the backdrop of a robust lodging market, average daily rate at Keio Plaza Hotel (Shinjuku) and Keio Presso Inn increased, resulting in higher revenue, while operating profit was in line with the previous fiscal year, reflecting increases in personnel expenses and depreciation associated with guest room renovations. (Reference) Lodging indicators Segment Information Hotels (Units: ¥ billion) FY2026 1Q Results FY2025 1Q Results 16.0 15.5 0.4 （ 3.2 ） 3.9 3.9 0.0 （ 1.0 ） 5.0 4.9 0.1 （ 2.1 ） 1.0 0.9 0.0 （ 6.4 ） EBITDA Depreciation and Amortization Operating Revenues Operating Profit Change (% ) FY2026 1Q Results FY2025 1Q Results FY2026 1Q Results FY2025 1Q Results FY2026 1Q Results FY2025 1Q Results Keio Plaza Hotel (Shinjuku) 74.0 75.9 42,883 38,787 31,733 29,439 Keio Presso Inn (all locations) 89.2 89.4 15,621 14,522 13,939 12,977 Rev.PAR(¥)Occupancy rate(%) Average daily rate(¥)
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© Keio Corp. | 13 82.1 77.9 67.7 61.4 52.0 62.1 72.1 71.8 67.7 62.3 59.4 73.3 77.1 81.0 63.7 50.0 60.0 70.0 80.0 90.0 100.0 2025 Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2026 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2027 Jan. Feb. Mar. Occupancy rate (results) Occupancy rate (plan) Full-year Plan （％） 17.1 15.3 1.0 -9.7 -11.4 0.6 4.5 11.0 3.8 -0.2 -3.4 5.9 0.4 9.4 -0.9 0.0 0.5 1.0 1.5 2.0 2.5 3.0 -20.0 -10.0 0.0 10.0 20.0 30.0 40.0 2025 Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2026 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2027 Jan. Feb. Mar. Net Sales YoY comparison (results) Comparison to previous year (plan) Full-year Plan The impact of changes in revenue recognition in December 2025 *Excluding this impact: 5.6% （％） Segment Information Hotels ▍Hotels: Occupancy rate for Keio Plaza Hotel (Shinjuku) ▍Hotels: Net sales for Keio Plaza Hotel (Shinjuku) YoY comparison (left axis) Net sales (right axis) FY2026FY2025 (￥ billion) FY2026FY2025 Plan 2.0 FY2026 (vs. FY2025) Full year, cumulative (%) Results 3.0 1Q, cumulative (%) Results 67.5 FY2025 Full year, cumulative (%) Results 75.9 1Q, cumulative (%) Plan 68.7 FY2026 Full year, cumulative (%) Results 74.0 1Q, cumulative (%) 90.0% FY2026 1Q Share of foreign visitors
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© Keio Corp. | 14 93.0 90.5 84.6 82.8 81.4 89.1 91.7 90.0 85.8 79.8 87.9 88.5 90.4 89.2 88.1 50.0 60.0 70.0 80.0 90.0 100.0 2025 Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2026 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2027 Jan. Feb. Mar. Occupancy rate (results) Occupancy rate (plan) Full-year Plan （％） 25.7 25.6 7.1 0.5 1.0 17.6 23.3 21.4 - 5.9 8.1 8.3 9.9 8.9 4.0 - 1.9 0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 -20.0 -10.0 0.0 10.0 20.0 30.0 40.0 2025 Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2026 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2027 Jan. Feb. Mar. Net Sales YoY comparison (results) Comparison to previous year (plan) Full-year Plan Impact of the change in the timing of point settlement in June 2026 （％） Segment Information Hotels ▍Hotels: Occupancy rate for Keio Presso Inn (all locations) ▍Hotels: Net sales for Keio Presso Inn (all locations) FY2026FY2025 (￥ billion) FY2026FY2025 YoY comparison (left axis) Net sales (right axis) Plan 1.0 FY2026 (vs. FY2025) Full year, cumulative (%) Results 4.1 1Q, cumulative (%) Results 87.1 FY2025 Full year, cumulative (%) Results 89.4 1Q, cumulative (%) Plan 86.6 FY2026 Full year, cumulative (%) Results 89.2 1Q, cumulative (%) The impact of changes in revenue recognition in December 2025 *Excluding this impact: 14.7%
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© Keio Corp. | 15 • In Construction and Civil Engineering, revenue declined due in part to the absence of revenue from large-scale projects recognized in the same period of the previous fiscal year, while operating profit was in line with the previous fiscal year, supported by an improved gross profit margin. Segment Information Construction and Maintenance (Units: ¥ billion) FY2026 1Q Results FY2025 1Q Results 12.2 14.4 -2.2 （ -15.5 ） Building Maintenance 5.9 6.1 -0.2 （ -3.3 ） Railway Car Maintenance 1.3 1.2 0.1 （ 11.0 ） Construction and Civil Engineering 4.9 7.1 -2.1 （ -30.6 ） Elimination -0.0 -0.0 0.0 （ － ） 0.1 0.2 -0.0 （ -34.1 ） Building Maintenance 0.2 0.3 -0.0 （ -25.9 ） Railway Car Maintenance -0.0 -0.0 -0.0 （ － ） Construction and Civil Engineering 0.0 0.0 -0.0 （ -27.0 ） 0.3 0.3 -0.0 （ -9.5 ） 0.1 0.0 0.0 （ 62.7 ）Depreciation and Amortization Operating Profit EBITDA Change (% ) Operating Revenues
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© Keio Corp. | 16 Segment Information Life Services • Operating revenue was in line with the previous fiscal year, as increased customer traffic in Retail Stores was offset in part by the impact of a typhoon on Department Stores. • Operating profit decreased due to the recognition of asset retirement obligations associated with the Shinjuku redevelopment project in Department Stores. (Units: ¥ billion) FY2026 1Q Results FY2025 1Q Results 34.7 34.8 -0.1 （ -0.4 ） Department Stores 9.2 9.6 -0.4 （ -4.5 ） Retail Stores 14.9 14.4 0.4 （ 3.3 ） Other 12.5 12.5 -0.0 （ -0.5 ） Elimination -1.9 -1.7 -0.1 （ － ） 0.9 1.4 -0.5 （ -35.3 ） Department Stores 0.3 0.7 -0.4 （ -53.7 ） Retail Stores 0.3 0.5 -0.1 （ -31.7 ） 1.9 2.1 -0.1 （ -8.5 ） 1.0 0.6 0.3 （ 48.1 ） Operating Revenues Operating Profit EBITDA Depreciation and Amortization Change (% )
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© Keio Corp. | 17 5.6 2.3 5.0 13.6 3.4 8.0 -2.9 3.5 -5.3 -2.1 -11.1 -5.7 0.6 2.1 -13.7 0.0 1.0 2.0 3.0 4.0 5.0 6.0 -20.0 -10.0 0.0 10.0 20.0 2025 Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2026 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2027 Jan. Feb. Mar. Net Sales YoY comparison (results) Comparison to previous year (plan) Full-year Plan (After applying the Accounting Standard for Revenue Recognition and related standards) （％） 6.2 4.7 6.6 5.9 2.7 5.3 5.6 4.2 2.4 3.7 3.1 1.8 3.8 3.8 2.3 0.0 1.0 2.0 3.0 4.0 5.0 6.0 -5.0 0.0 5.0 10.0 15.0 2025 Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2026 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2027 Jan. Feb. Mar. Net Sales YoY comparison (results) Comparison to previous year (plan) Full-year Plan （％） Segment Information Life Services ▍Department Stores: Net sales (Keio Department Store) YoY comparison (left axis) Net sales (right axis) ▍Retail Stores: Net sales (Keio Store) YoY comparison (left axis) Net sales (right axis) (￥ billion) (￥ billion) FY2026FY2025 FY2026FY2025 Plan -6.7 FY2026 (vs. FY2025) Full year, cumulative (%) Results -4.9 1Q, cumulative (%) Plan 3.5 FY2026 (vs. FY2025) Full year, cumulative (%) Results 3.3 1Q, cumulative (%) (After applying the Accounting Standard for Revenue Recognition and related standards)
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© Keio Corp. | 18 Non-Operating Income/Expenses and Extraordinary P/L (Units: ¥ billion) FY2026 1Q Results FY2025 1Q Results Change Change Factors Operating Revenues 123.1 113.7 9.4 Operating Profit 16.1 16.6 -0.4 Non-Operating Income 1.4 1.4 0.0 Non-Operating Expenses 1.4 1.2 0.2 Ordinary Profit 16.1 16.8 -0.6 Extraordinary Income 1.0 0.4 0.5 Compensation income: +0.8 Extraordinary Loss 0.3 0.3 -0.0 Profit Before Income Taxes 16.8 16.9 -0.0 Income Taxes 5.1 4.9 0.2 Profit Attributable to Owners of Parent 11.7 11.9 -0.2
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© Keio Corp. | 19 • Total assets decreased due to a reduction in working capital and other factors. • Liabilities decreased due to payments for construction work and other factors. Consolidated Balance Sheets * Interest-bearing debt is borrowings + bonds payable + commercial paper (Units: ¥ billion) FY2026 1Q Results FY2025 Results Change Change Factors Total Assets 1,171.6 1,199.8 -28.1 Current Assets 281.7 316.5 -34.7 Notes and accounts receivable, and contract assets: -29.9, Cash and deposits: -14.2, Merchandise and finished goods: -9.3, Work in process: +17.0 Non-current Assets 889.9 883.3 6.6 Investment securities: +9.0 Total Liabilities and Net Assets 1,171.6 1,199.8 -28.1 Total Liabilities 716.5 755.6 -39.0 Current Liabilities 292.0 330.0 -38.0 Reduction in accounts payable-other, etc. Non-current Liabilities 424.5 425.5 -1.0 Net Assets 455.0 444.2 10.8 Interest-Bearing Debt 481.3 469.0 12.2 Equity Ratio 38.8% 37.0% 1.8P
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FY2026 Full-Year Earnings Forecasts
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© Keio Corp. | 21 • For FY2026, we will maintain the plan announced on May 13, 2026 and continue to closely monitor future developments. • Operating revenue is projected to increase YoY , driven by higher property sales in Real Estate Sales and increased passenger volumes in Railways. • Operating profit is projected to decrease YoY due to the recognition of asset retirement obligations associated with the Shin juku redevelopment project and higher depreciation expenses resulting from guest room renovations in Hotels. Consolidated Full-Year Earnings Forecasts * EBITDA is operating profit + depreciation and amortization + amortization of goodwill. (Units: ¥ billion) (Units: ¥ billion) FY2026 Plan FY2025 Results (unchanged from the figures announced on May 13, 2026) Operating Revenues 504.0 496.9 7.0 （ 1.4 ） Operating Profit 51.0 52.3 -1.3 （ -2.5 ） Ordinary Profit 47.8 51.1 -3.3 （ -6.6 ） Profit Attributable to Owners of Parent 43.0 42.9 0.0 （ 0.2 ） EBITDA 90.7 86.9 3.8 （ 4.5 ） Depreciation and Amortization 39.5 34.4 5.1 （ 14.9 ） Capital Expenditures 110.4 65.5 44.8 （ 68.4 ） Consolidated Ordinary Profit ROA 4.0% 4.4% -0.4P （ － ） Consolidated ROE 9.6% 10.0% -0.4P （ － ） Change (% )
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© Keio Corp. | 22 Consolidated Full-Year Earnings Forecasts *Consolidated ROA is calculated using ordinary profit, while ROA for each segment is based on operating profit. FY2026 Plan (unchanged from the figures announced on May 13, 2026) FY2025 Results Change ROE 9.6% 10.0% -0.4P ROA* 4.0% 4.4% -0.4P Transportation 2.7% 2.7% ー Real Estate 4.6% 4.4% 0.2P Hotels 7.9% 10.3% -2.4P Construction and Maintenance 10.5% 9.5% 1.0P Life Services 7.0% 9.8% -2.8P
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© Keio Corp. | 23 Overview by Segment (Units: ¥ billion) (Units: ¥ billion) FY2026 Plan FY2025 Results (unchanged from the figures announced on May 13, 2026) Operating Revenues 504.0 496.9 7.0 （ 1.4 ） Transportation 135.7 133.2 2.5 （ 1.9 ） Real Estate 129.4 120.7 8.7 （ 7.2 ） Hotels 61.1 60.0 1.1 （ 1.8 ） Construction and Maintenance 84.8 87.6 -2.7 （ -3.1 ） Life Services 146.7 146.0 0.7 （ 0.5 ） Elimination -53.9 -50.7 -3.2 （ － ） Operating Profit 51.0 52.3 -1.3 （ -2.5 ） Transportation 13.5 13.2 0.2 （ 2.2 ） Real Estate 18.7 17.1 1.5 （ 9.2 ） Hotels 8.8 10.1 -1.2 （ -12.8 ） Construction and Maintenance 8.1 7.4 0.7 （ 9.5 ） Life Services 4.3 5.8 -1.4 （ -25.0 ） Elimination -2.6 -1.5 -1.1 （ － ） Change (% )
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© Keio Corp. | 24 Overview by Segment (Units: ¥ billion) 1Q Results (Apr.-Jun.) Full-year Results - 1Q Results (Jul.-Mar.) Full-year Results (Apr.-Mar.) 1Q Results (Apr.-Jun.) Full-year Plan - 1Q Results (Jul.-Mar.) Full-year Plan (Apr.-Mar.) (based on May 13, 2026 announcement) Operating Revenues 113.7 383.2 496.9 123.1 380.8 504.0 Transportation 33.4 99.7 133.2 34.5 101.2 135.7 Real Estate 23.1 97.5 120.7 33.3 96.0 129.4 Hotels 15.5 44.5 60.0 16.0 45.1 61.1 Construction and Maintenance 14.4 73.1 87.6 12.2 72.6 84.8 Life Services 34.8 111.1 146.0 34.7 112.0 146.7 Elimination -7.6 -43.0 -50.7 -7.6 -46.2 -53.9 Operating Profit 16.6 35.6 52.3 16.1 34.8 51.0 Transportation 6.1 7.0 13.2 5.1 8.3 13.5 Real Estate 4.8 12.3 17.1 5.8 12.9 18.7 Hotels 3.9 6.1 10.1 3.9 4.8 8.8 Construction and Maintenance 0.2 7.1 7.4 0.1 7.9 8.1 Life Services 1.4 4.3 5.8 0.9 3.4 4.3 Elimination 0.0 -1.5 -1.5 0.1 -2.7 -2.6 FY2025 FY2026
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© Keio Corp. | 25 Segment Information Transportation (Units: ¥ billion) FY2026 Plan FY2025 Results (unchanged from the figures announced on May 13, 2026) 135.7 133.2 2.5 （ 1.9 ） Railways 89.5 88.2 1.3 （ 1.5 ） Bus Services 39.8 39.1 0.7 （ 1.9 ） Taxi Services 10.9 10.6 0.3 （ 3.1 ） Elimination -4.6 -4.7 0.1 （ － ） 13.5 13.2 0.2 （ 2.2 ） Railways 8.8 9.3 -0.5 （ -5.4 ） Bus Services 3.8 3.8 0.0 （ 2.3 ） Taxi Services 0.2 0.1 0.0 （ 88.5 ） 37.4 34.1 3.3 （ 9.7 ） 23.8 20.8 3.0 （ 14.4 ） 50.5 47.7 2.8 （ 5.9 ） Change (%) Operating Revenues Operating Profit EBITDA Depreciation and Amortization Capital Expenditures
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© Keio Corp. | 26 Segment Information Transportation ▍Railways Transportation Results (Units: Thousands of People, ¥ million) FY2026 Plan FY2025 Results (unchanged from the figures announced on May 13, 2026) 613,287 605,755 7,532 （ 1.2 ） Commuter-Pass 336,306 333,562 2,744 （ 0.8 ） Business 248,983 247,584 1,399 （ 0.6 ） Student 87,323 85,978 1,345 （ 1.6 ） Non-Commuter-Pass 276,981 272,193 4,788 （ 1.8 ） 84,654 83,248 1,405 （ 1.7 ） Commuter-Pass 32,022 31,799 222 （ 0.7 ） Business 28,861 28,669 191 （ 0.7 ） Student 3,161 3,130 30 （ 1.0 ） Non-Commuter-Pass 52,632 51,448 1,183 （ 2.3 ） Change (%) Passengers Transported Passenger Revenues
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© Keio Corp. | 27 Segment Information Real Estate (Units: ¥ billion) FY2026 Plan FY2025 Results (unchanged from the figures announced on May 13, 2026) 129.4 120.7 8.7 （ 7.2 ） Real Estate Leasing 61.9 63.8 -1.9 （ -3.0 ） Real Estate Sales 85.4 76.0 9.4 （ 12.4 ） Elimination -17.9 -19.1 1.2 （ － ） 18.7 17.1 1.5 （ 9.2 ） Real Estate Leasing 10.0 11.3 -1.3 （ -11.5 ） Real Estate Sales 8.1 6.5 1.6 （ 24.4 ） 25.5 23.9 1.5 （ 6.6 ） 6.8 6.8 -0.0 （ -0.1 ） 21.5 8.9 12.6 （ 140.6 ） Change (%) Operating Revenues Operating Profit EBITDA Depreciation and Amortization Capital Expenditures
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© Keio Corp. | 28 Segment Information Hotels (Reference) Lodging indicators FY2026 Plan FY2025 Results FY2026 Plan FY2025 Results FY2026 Plan FY2025 Results Keio Plaza Hotel (Shinjuku) 68.7 67.5 40,459 39,206 27,795 26,464 Keio Presso Inn (all locations) 86.6 87.1 15,835 14,658 13,711 12,762 Occupancy rate(%) Average daily rate(¥) Rev.PAR(¥) (Units: ¥ billion) FY2026 Plan FY2025 Results (unchanged from the figures announced on May 13, 2026) 61.1 60.0 1.1 （ 1.8 ） 8.8 10.1 -1.2 （ -12.8 ） 13.3 14.1 -0.7 （ -5.4 ） 4.5 3.9 0.5 （ 13.6 ） 33.3 6.5 26.8 （ 411.7 ） Change (%) Operating Revenues Operating Profit EBITDA Depreciation and Amortization Capital Expenditures
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© Keio Corp. | 29 Segment Information Construction and Maintenance (Units: ¥ billion) FY2026 Plan FY2025 Results (unchanged from the figures announced on May 13, 2026) 84.8 87.6 -2.7 （ -3.1 ） Building Maintenance 30.9 30.2 0.6 （ 2.1 ） Railway Car Maintenance 10.7 9.8 0.8 （ 8.8 ） Construction and Civil Engineering 43.5 47.8 -4.2 （ -8.9 ） Elimination -0.3 -0.3 -0.0 （ － ） 8.1 7.4 0.7 （ 9.5 ） Building Maintenance 2.6 2.4 0.1 （ 5.1 ） Railway Car Maintenance 0.9 1.1 -0.1 （ -15.2 ） Construction and Civil Engineering 4.1 3.9 0.1 （ 4.4 ） 8.9 7.9 0.9 （ 12.3 ） 0.6 0.3 0.2 （ 73.9 ） 2.7 1.7 0.9 （ 55.6 ） Change (%) Operating Revenues Operating Profit EBITDA Depreciation and Amortization Capital Expenditures
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© Keio Corp. | 30 Segment Information Life Services (Units: ¥ billion) FY2026 Plan FY2025 Results (unchanged from the figures announced on May 13, 2026) 146.7 146.0 0.7 （ 0.5 ） Department Stores 37.6 40.1 -2.4 （ -6.2 ） Retail Stores 60.5 58.5 2.0 （ 3.5 ） Other 56.5 54.7 1.7 （ 3.2 ） Elimination -8.0 -7.4 -0.5 （ － ） 4.3 5.8 -1.4 （ -25.0 ） Department Stores 1.5 2.9 -1.3 （ -46.3 ） Retail Stores 1.1 1.6 -0.4 （ -30.2 ） 8.5 8.6 -0.0 （ -1.1 ） 4.1 2.8 1.3 （ 48.6 ） 4.0 1.7 2.3 （ 133.3 ） Change (%) Operating Revenues Operating Profit Capital Expenditures EBITDA Depreciation and Amortization
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© Keio Corp. | 31 The earnings forecasts and outlines on future performance noted in these materials include projections based on certain forecasts/assumptions made at the time of publication. Actual performance may differ from forecast figures due to various factors.