#InfroniaHoldings

The dividend policy from the fiscal year ending March 2027 has been revised to maintain a payout ratio of at least 40%, while increasing the minimum dividend from 60 yen to 90 yen per share.

In FY25, revenue and profit increased, reaching record highs in order intake and gross profit. For FY26, projected revenue is 1,366 billion yen (up 241.1 billion yen from FY25), with operating income of 77.8 billion yen and net income of 60.0 billion yen.

FY25 full-year results are revenue of ¥1.1249 trillion, operating profit of ¥841 billion, and net income of ¥766 billion, all record highs. FY26 full-year plan projects revenue of ¥1.366 trillion, operating profit of ¥800 billion, and net income of ¥600 billion. Dividends for FY25 are scheduled at ¥120, while FY26 dividends are planned at ¥100.

Infronia Holdings achieved sales of JPY 1,124.8 billion (YoY +32.7%) for the fiscal year ending March 2026, and net income was JPY 76,573 million (136.2% increase), reaching a record high. The full acquisition of Sumitomo Mitsui Construction and business expansion significantly contributed to the strong performance.

Infronia Holdings announced that it has adjusted the conversion price of its Euro-Yen convertible bonds maturing in 2029 from 1,722.8 yen to 1,660.4 yen, effective from April 1, 2026.

Infronia Holdings has revised its consolidated earnings forecast for the fiscal year ending March 2026, with net sales expected to be 1,125,000 million yen and net income attributable to owners of the parent rising to 76,500 million yen. The dividend has been increased to 120 yen per common share, with an anticipated year-end dividend of 90 yen.

It has been reported that employees of our subsidiary, Maeda Construction Co., Ltd., are suspected of improperly providing money to Yatsushiro City Council members concerning Yatsushiro City-ordered construction projects, and we are fully cooperating with the investigation agencies.

Mitsui Sumitomo Construction Co., Ltd. conducted a tender offer for 3,867,498 shares of Mitsui Sumiken Road Co., Ltd. at 2,000 yen per share. The post-offer voting rights ownership ratio reached 95.38%, and a squeeze-out procedure is planned.

Appointed seven director candidates to be submitted at the 5th Annual General Meeting of Shareholders scheduled for June 2026. Of the seven directors, six are independent outside directors, and two are female.

In response to reports that the company has decided to acquire Suining Corporation for over 90 billion yen, the company denies it as not announced by us, states that negotiations are ongoing, and a resolution by the board of directors is planned.

Subsidiary Sumitomo Mitsui Construction of Infronia Holdings has commenced a tender offer for Mitsui Sumiken Road shares at ¥2,000 per share. The maximum number of shares to be purchased is 4,295,947, with purchase consideration approximately ¥8.59 billion. Aiming for full acquisition as a wholly owned subsidiary.

Resolved to change the trade name of consolidated subsidiary Sumitomo Mitsui Construction Co., Ltd. to 'Arthocia Construction Co., Ltd.' effective October 1, 2026.