Notice Regarding Revision of Earnings Forecast and Dividends (Interim Dividend) and Revision of Year-end Dividend Forecast (Dividend Increase)

Overview of Performance

The full-year consolidated earnings forecast for the fiscal year ending March 2027 has been revised: net sales are expected to be 169,000 million yen (vs. previous forecast -4.0%), operating income 12,500 million yen, ordinary income 12,600 million yen, net income attributable to owners of parent 7,100 million yen, and net income per share 99.13 yen. While a decline in sales is assumed due to higher raw material and energy costs amid escalating Middle East tensions, profits are expected to exceed the previous forecast through measures such as improved production efficiency and price pass-through. Interim dividend is revised to 20 yen, year-end dividend to 20 yen, for an annual dividend of 40 yen.

Shareholder Returns and Outlook

The shareholder return policy is to target a payout ratio of 40%, and with the revisions to the interim and year-end dividends, the company intends to continue stable dividends. The dividend at the end of the second quarter will increase, and the year-end dividend is also planned to increase. Actual consolidated figures will be finalized upon future disclosures, so attention is required.