Notice of Revision to Full-Year Consolidated Earnings Forecast for Fiscal Year Ending March 2027

Overview of Forecast Revision

The full-year consolidated earnings forecast for the fiscal year ending March 2027 has been revised. Revenue is forecast at 3,760 hundred million yen (previous forecast +12,000 million yen), business profit at 223 hundred million yen (previous forecast -11 million yen). Operating profit, profit before tax, and profit attributable to owners of parent are expected to decrease by approximately 1,100 million yen, 1,300 million yen, and 300 million yen respectively. The primary cause is a deterioration in the second-half outlook for the S&S segment, while the M&T and ES segments remain solid. Effects from foreign exchange and other factors are indicated as "Unknown."

Segment Impacts and Outlook

By segment, the wireless systems business within the S&S segment is expected to underperform, whereas the M&T and ES segments are performing well and are contributing to boosting the overall full-year forecast. Compared with first-half results, the contribution from the S&S segment to the full year is expected to decline. Compared with the full-year forecast published on May 1, 2026, overall profit levels are restrained. Future factors to watch include revisions to government budget execution and trends in new orders.