Notice Regarding Differences Between Consolidated Forecast and Actual Results for the Second Quarter (Interim) of the Fiscal Year Ending March 2027 and Revision of Full-Year Consolidated Forecast

Overview of Results

We have disclosed the differences between the consolidated forecast and actual results for the second quarter of the fiscal year ending March 2027 and have revised the full-year consolidated forecast. While demand for smartphones was somewhat weak in the second quarter, demand expansion is expected in the second half from the automotive, industrial machinery, and infrastructure markets, and net sales are forecast to exceed the previous projection. However, profits are expected to fall short of prior forecasts due to rising raw material prices, higher labor costs, and exchange losses. For the full year, we have upwardly revised net sales and expect improvement in operating income, but ordinary income and net income attributable to owners of parent have been revised downward.

Outlook and Impact

The assumed exchange rate for the second half is 1 USD = 155 yen. With anticipated volume increases driven by continued investment in automotive, AI semiconductor, and data center markets, we aim to improve profitability and expand net sales. We will accelerate portfolio transformation and measures to strengthen the business foundation in line with the medium-term management plan to improve profit margins.