#Kandenko

Kandenko Co., Ltd. will conduct a share offering of 18,259,400 common shares (underwriters' purchase allotment) and 2,738,900 shares (over-allotment) from February 17 to 18, 2026. The offering price is 6,095 yen per share, with a total offering amount of approximately 111.3 billion yen.

Changes to Representative Directors and Directors effective April 1, 2026. Mr. Yuji Ueda, Vice President and Representative Director, is scheduled to retire, and Mr. Koichi Nakato, Director and Senior Managing Executive Officer, is expected to be promoted.

On February 2, 2026, the company acquired 5,392,700 shares through a share buyback totaling approximately 30 billion yen, concluding the acquisition based on the board resolution dated January 29.

Planned acquisition of up to 5,392,700 treasury shares (2.64% of total issued shares) through off-auction purchase at closing price of 5,563 yen on February 2, 2026.

For the third quarter of the fiscal year ending March 2026, consolidated net sales were 511.581 billion yen (12.3% Year-over-Year increase), operating income was 58.472 billion yen (39.4% increase), and net income attributable to owners of parent for the quarter was 46.242 billion yen (45.0% increase).

The consolidated net sales for the fiscal year ending March 2026 have been upwardly revised by 4.6% from 703 billion yen to 735 billion yen. Net income attributable to owners of parent has increased by 32.6% from 460 billion yen to 610 billion yen. The dividend forecast has also been raised from 90 yen to 120 yen per annum.