Notice Regarding Revision of Full-Year Earnings Forecast and Dividend Forecast for Fiscal Year Ending November 2026 (Dividend Increase)

Overview of Earnings Forecast Revisions

The consolidated earnings forecast for the fiscal year ending November 2026 announced today has been revised to net sales of 113,613 million yen, which is 9,373 million yen below the previous forecast; operating income of 25,061 million yen, an increase of approximately 450 million yen from the previous forecast; profit before income taxes of 22,700 million yen, an increase of 700 million yen; and net income attributable to owners of parent of 15,906 million yen, an increase of 749 million yen. The adjustments are attributed to a robust domestic real estate market and contributions from portfolio restructuring of businesses. The non-consolidated forecasts were also revised to net sales of 70,236 million yen, down 8,171 million yen from the previous forecast; ordinary income of 19,147 million yen, up 1,676 million yen; and net income of 15,645 million yen, up 1,808 million yen.

Dividend Policy and Shareholder Returns

The year-end dividend has been revised to 58 yen per share (post-stock split basis). The annual dividend is set at 58 yen, changed from TBD in the previous forecast, which corresponds to a payout ratio of approximately 35.4%. The company regards stable dividends to shareholders as an important management priority and aims to enhance corporate value over the long term by appropriately balancing retained earnings and dividends.