#Okuma

In the fiscal year ending March 2026, the Company acquired 695,000 shares of common stock with a total acquisition price of 2,740,801,500 yen. The cumulative shares acquired are 1,241,400 shares, with a total acquisition price of 4,999,920,500 yen.

Chugoku Marine Paints, Ltd. plans changes to its directors following the Annual General Meeting of Shareholders in late June 2026, with Mr. Takao Shimizu to be promoted to Senior Managing Director. Changes to executive officers will also be implemented effective July 1, 2026.

On a contract basis in February 2026, 275,000 shares of treasury stock were acquired at a total acquisition price of 1,204,151,000 yen. The cumulative number of shares acquired is 546,400 shares, with a total acquisition price of 2,259,119,000 yen.

Acquired 100% stake in Chinese subsidiary DNT Paints (Zhejiang) Co., Ltd. to make it a consolidated subsidiary. Acquisition price undisclosed. Transfer of rights and obligations scheduled for 2026-06-30.

Consolidated net sales for the third quarter of the fiscal year ending March 2026 were JPY 31,419 million (21.3% increase YoY), operating income was JPY 2,432 million (54.6% increase YoY), and net income attributable to owners of parent was JPY 2,318 million (10.1% increase YoY).

We announce that from January 19 to January 31, 2026, we acquired 271,400 shares of our common stock for a total of 1,054,968,000 yen.

For the third quarter of the fiscal year ending March 2026, net sales amounted to ¥166,508 million (an 11.8% increase YoY), operating income was ¥10,441 million (a 3.1% increase YoY), and net income attributable to owners of the parent for the quarter was ¥8,543 million (a 13.9% increase YoY).

For the third quarter of the fiscal year ending March 2026, consolidated net sales were 101,930 million yen (6.1% year-over-year increase), operating income was 12,922 million yen (11.0% year-over-year increase), and net income attributable to owners of parent for the quarter was 8,799 million yen (17.7% year-over-year decrease).

The annual dividend forecast for the fiscal year ending March 2026 has been revised upward from 97 yen to 111 yen. A special dividend of 14 yen has been added, reallocating approximately 700 million yen from the planned share buyback to dividends.