#DeNA

Daiwa Refrigeration Industries Co., Ltd. will change its trade name to "Daiwa Ltd." effective July 1, 2026, and plans to partially amend its Articles of Incorporation to aim to become a comprehensive kitchen manufacturer.

For the nine months ending March 2026, revenue was ¥114,452 million (down 1.9% YoY), operating income was ¥16,895 million (down 19.5% YoY), and net income attributable to owners of parent for the quarter was ¥16,821 million (up 6.8% YoY).

Revised consolidated earnings forecast for the fiscal year ending March 2026 to 146,500 million yen in revenue and 17,000 million yen in operating income. Recorded an impairment loss of 9,614 million yen, impacting operating income.

The annual dividend forecast for the fiscal year ending March 2026 has been revised upward to a year-end dividend of 66.0 yen. The dividend policy was changed to target a DOE of 3%, continuing stable dividends and share buyback.

Our equity-method affiliate, GO Co., Ltd., has applied for share listing on the Tokyo Stock Exchange. Approval of the listing is not guaranteed and depends on subsequent examinations.

Fujibo Holdings, Inc. announced that it plans to change its trade name to Fujibo Holdings Kabushiki Kaisha (in Katakana) effective October 1, 2026.