Elevator Communications Co., Ltd.(353A) Financial Results

Current Period Guidance

Annual

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
May, 2022 ＊	2,556	ー	-13	-24	-25.8	0	ー	J-GAAP
May, 2023 ＊	2,787	73	75	26	27.4	0	ー	J-GAAP
May, 2024 ＊	3,291	140	137	74	78.3	0	ー	J-GAAP
May, 2025	4,048	264	262	147	154.3	0	Jul 14, 2025	J-GAAP
May, 2026 Guidance	4,664	298	291	163	152.4	0	Jul 14, 2025	J-GAAP
YoY	+15.2%	+12.9%	+11.1%	+10.9%	-1.3%

Guidance History

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards
May, 2025	Apr 25, 2025	4,026	229	218	126	0*	J-GAAP
Results	Jul 14, 2025	4,048	264	262	147	0*	J-GAAP
May, 2026	Jul 14, 2025	4,664	298	291	163	0	J-GAAP

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
May, 2020	2,268	－	Available in future release
May, 2021	2,370	+4.5
May, 2022	2,556	+7.8
May, 2023	2,787	+9.0
May, 2024	3,291	+18.1
May, 2025	4,048	+23.0
May, 2026 Guidance	4,664	+15.2	298	+12.9	291	+11.1	152.4	-1.2

Profitability

Fiscal Year	Revenue	Operating Profit	Operating Profit Margin	ROE	ROA	Total Asset Turnover Ratio	Adj. EPS
May, 2024 ＊	3,291	140	4.25	114.73	5.79	2.58	78.3
May, 2025	4,048	264	6.52	65.04	9.81	2.70	154.3
May, 2026 Guidance	4,664	298	6.39	33.06	9.60	2.75	152.4

All-Time High

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	4,048	264	262	147	154.3
Fiscal Year	May, 2025	May, 2025	May, 2025	May, 2025	May, 2025

Second Half

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec - May, 2024	2,147	165	153	79	82.9	0	Jul 14, 2025	J-GAAP
Dec - May, 2025 Guidance	2,577	183	169	91	85.1	0	Jan 14, 2026	J-GAAP
YoY	+20.0%	+10.9%	+10.5%	+15.2%	+2.6%

Cash Flow

Annual

Fiscal Year	Operating Profit	Fee Cash Flow	Operating Cash Flow	Investing Cash Flow	Financial Cash Flow	Cash & Equivalents	Cash Ratio	Accounting Standards
May, 2023	73	252	167	85	-291	381	30.75	J-GAAP
May, 2024	140	375	389	-14	-233	522	39.64	J-GAAP
May, 2025	264	35	50	-15	6	563	33.51	J-GAAP

Actual Performance and Financial Trends

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jun - Feb, 2024	2,980	185	192	118	124.5	73.3	Apr 25, 2025	J-GAAP
Jun - Feb, 2025	3,153	170	178	103	100.2	61.2	Apr 14, 2026	J-GAAP
YoY	+5.8%	-8.1%	-7.3%	-12.7%	-19.5%

Quarterly Results

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Dec - Feb, 2024	1,079	86	83	50	52.8	8.0	Apr 25, 2025	J-GAAP
Mar - May, 2025	1,068	79	70	29	30.5	7.4	Jul 14, 2025	J-GAAP
Jun - Aug, 2025	1,046	50	52	31	30.9	4.8	Oct 14, 2025	J-GAAP
Sep - Nov, 2025	1,041	65	70	41	40.7	6.2	Jan 14, 2026	J-GAAP
Dec - Feb, 2025	1,066	55	56	31	30.2	5.2	Apr 14, 2026	J-GAAP
YoY	-1.2%	-36.0%	-32.5%	-38.0%	-42.8%

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Dec - Feb, 2024	1,079	－	Available in future release
Mar - May, 2025	1,068	－
Jun - Aug, 2025	1,046	－
Sep - Nov, 2025	1,041	－
Dec - Feb, 2025	1,066	-1.2	55	-36.0	56	-32.5	30.2	-42.8

All-Time High Quarterly Results

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	1,079	86	83	50	52.8
Fiscal Year	Feb, 2024	Feb, 2024	Feb, 2024	Feb, 2024	Feb, 2024

Key Balance Sheet Figures

Fiscal Year	BPS	Equity Ratio	Total Asset	Equity	Retained Earnings	Interest-Bearing Debt Ratio	Announce	Accounting Standards
May, 2023	580.60	2.3	1,239	28	ー	ー	ー	J-GAAP
May, 2024	2,145.80	7.7	1,317	101	-10	5.83	ー	J-GAAP
May, 2025	346.49	20.9	1,680	351	137	1.56	Jul 14, 2025	J-GAAP
Jun - Feb, 2025	ー	29.0	1,698	493	240	0.91	Apr 14, 2026	J-GAAP