Notice of Revision to Consolidated Earnings Guidance for the Second Quarter and Full Year Ending March 2027, and Revision to Year-end Dividend Forecast

Summary of Revisions to Earnings Guidance

Against a backdrop of uncertain procurement conditions for raw materials during the cumulative second quarter period, the Company prioritized stable product supply and implemented sales price revisions. As a result, revenue and each profit measure are expected to exceed the previously announced guidance, and the full-year guidance has been revised upward. Revenue has been revised to 23,200 million yen, operating income to 2,000 million yen, ordinary income to 2,050 million yen, net income attributable to owners of parent to 1,400 million yen, and net income per share to 303.80 yen.

Dividend Forecast and Commemorative Dividend Policy

The year-end dividend forecast for the fiscal year ending March 2027 has been revised, setting the annual dividend at 120 yen (ordinary dividend 100 yen, commemorative dividend 20 yen). In addition, in anticipation of the 100th anniversary in September 2028, the Company indicated a policy to implement a commemorative dividend of 20 yen per share each year for three fiscal years from the fiscal year ending March 2027 through the fiscal year ending March 2029. Consequently, the dividend will consist of a 100 yen ordinary dividend plus the commemorative dividend.