Recording of Corporate Tax Benefit and Notice on the Difference Between Forecast and Actual Consolidated Interim Results for the Second Quarter

Overview of Results

Consolidated results for the second quarter of the fiscal year ending February 2027 recorded net sales of 32,877 million yen, operating income of 5,301 million yen, ordinary income of 5,428 million yen, and net income attributable to owners of parent of 3,644 million yen, all exceeding the previously announced forecasts. Net sales were 0.9% above forecast, operating income and ordinary income exceeded forecasts by 14.3% and 18.0% respectively, and interim net income per share improved significantly to 77.71 yen. These results were supported by the tax effects associated with the sale of subsidiary shares and the return to profitability in operating and ordinary income. In addition, a corporate tax benefit of 546 million yen was recorded due to tax treatment related to prior-year subsidiary transactions.

Impact on Shareholders and Outlook

The variance this time arose from tax treatment and improved operating performance. The document does not provide a clear future outlook. However, considering the recorded corporate tax benefit, it is necessary to monitor the impact on interim and full-year earnings forecasts. Investors should verify whether this positive variance will contribute to achieving full-year plans and check for any revisions at the next disclosure.