Notice on Differences between the Results for the Second Quarter of the Consolidated Earnings Forecast for the Period Ending January 2027 and Actuals, and Revisions to the Full-Year Consolidated Earnings Forecast

Overview of Performance

Against a backdrop of sustained housing market demand and high costs for raw materials and labor, results exceeded the previous forecast. For the second quarter cumulative period, revenue was 27,371 million yen, operating profit 2,513 million yen, ordinary income 2,363 million yen, net income attributable to owners of parent 1,670 million yen, and earnings per share 156.52 yen, higher than the prior year period and the previous forecast. The full-year outlook was also revised upward to revenue 56,500 million yen, operating profit 5,000 million yen, ordinary income 4,680 million yen, net income attributable to owners of parent 3,250 million yen, and earnings per share 304.27 yen. The main drivers of the revision are increased orders for planned housing and higher selling prices improving gross profit, along with more efficient customer acquisition and brand strengthening through digital marketing.

Outlook and Impact

The group will continue to pursue its affordable-luxury strategy that leverages design, performance, and price, despite ongoing geopolitical risks and uncertainties in price levels and interest rates. Based on the second-quarter results and the latest order status, the full-year forecast has been raised, and the company intends to continue investing for growth while securing profits at each stage. However, the outlook remains subject to potential fluctuations due to housing market conditions, material costs, and wage trends, depending on future market dynamics.