#EarningsForecastRevision

While recording an extraordinary loss of 1,000 million yen, the net income attributable to owners of the parent is revised upward by 11.0% to 5,643 million yen due to reduced corporate tax burden, and the dividend is increased by 19 yen to an annual dividend of 82 yen.

The consolidated net income attributable to owners of parent for the fiscal year ending March 2026 has been revised upward by 48.7%, from 11.5 billion yen to 17.0 billion yen, and the non-consolidated net income has been increased by 117.0%, from 11.2 billion yen to 24.0 billion yen. The dividend forecast has also been revised upward.

Revised full-year consolidated earnings forecast for the fiscal year ending February 2026. Operating revenue is expected to decrease by 1.6% from the previous forecast to ¥964,000 million, operating income is projected to decline 63.6% to ¥4,000 million, and net income is expected to turn to a loss of ¥-4,200 million.

The full-year operating revenue for the fiscal year ending December 2026 has been revised upward to 50,979 million yen, a 13.7% increase from the previous forecast; operating income to 34,255 million yen, a 16.3% increase; and net income to 27,911 million yen, a 15.3% increase. The main drivers are new investment unit issuance and acquisition of the Hyatt Regency Tokyo.

For the fiscal year ending March 2026, net sales are expected to increase by 1.0% compared to the previous forecast, operating income by 1.0%, and net income attributable to owners of parent by 8.0%. Dividend forecast increased to 33 yen at year-end.

Operating revenue for the fiscal period ending June 2026 has been revised upward by 2.5% to JPY 10,077 million from the previous forecast, and dividend per unit is revised up by 7.7% to JPY 2,423. For the fiscal period ending December 2026, operating revenue is projected at JPY 9,049 million with a dividend per unit of JPY 2,250. These revisions...

Recorded an impairment loss of 29,826 million yen on fixed assets, revising the full-year consolidated earnings forecast for the fiscal year ending January 2026 to net sales of 241,200 million yen, operating income of 4,100 million yen, and a net loss attributable to owners of parent of 30,700 million yen.

Revised consolidated earnings forecast for the fiscal year ending March 2026. Operating income is sharply reduced from the previous 84,000 million yen to 14,000 million yen, a decrease of 83.3%, and net income attributable to owners of parent deteriorates significantly from 53,000 million yen to -10,000 million yen.

Net sales for the fiscal year ending December 2025 are forecasted at 1,052.0 billion yen, down 0.7% from the previous forecast, operating income is 52.192 billion yen, up 4.4%, and net income attributable to owners of parent is 32.353 billion yen, up 34.8%.

For the fiscal year ending March 2026, net sales have been upwardly revised by 3.1% to 330,000 million yen, and ordinary income by 3.2% to 32,400 million yen. Dividends are also revised upward by 3 yen to an annual dividend of 80 yen.

For the fiscal year ending March 2026, consolidated operating income is revised upward by 8.8% from the previous forecast to 47,100 million yen, and net income attributable to owners of parent is revised upward by 6.4% to 36,500 million yen. The annual dividend is planned to increase from 210 yen to 224 yen on a pre-stock split basis.

The full-year consolidated earnings guidance for the fiscal year ending March 2026 has been upwardly revised to net sales of 154,500 hundred million yen (up 1.6% from the previous forecast), operating income of 17,000 hundred million yen (up 6.3%), and net income attributable to owners of parent of 13,000 hundred million yen (up 6.6%). The dividend forecast has also been...