Notice of Differences Between Forecasts and Actual Results for the Second Quarter (Interim) of the Fiscal Year Ending March 2027, Revision of Full-Year Earnings Forecast and Revision of Dividend Forecast

Summary of Revisions to Earnings Forecasts

Consolidated revenue for the second quarter of the fiscal year ending March 2027 came in at 98,112 hundred million yen, exceeding the previous forecast of 97,000 hundred million yen. Consolidated operating income was 7,242 hundred million yen, ordinary income was 7,484 hundred million yen, and interim net income attributable to owners of parent was 4,523 hundred million yen, each expected to exceed prior forecasts. The full-year consolidated earnings forecast has been revised to revenue of 217,000 hundred million yen, operating income of 18,500 hundred million yen, ordinary income of 19,000 hundred million yen, and net income attributable to owners of parent of 12,800 hundred million yen. Dividend forecasts have also been revised to an interim dividend of 93 yen and a full-year dividend of 170 yen.

Impact on Shareholders and Future Outlook

This revision reflects, among other factors, the effect of rising material costs in certain electrical and information infrastructure businesses, while distribution and electronic component businesses performed steadily. Based on dividend payout ratio and DOE policies, the company reaffirmed its focus on improving ROE and maintaining stable dividends. A firm performance is expected in the second half, and with the upward revision to the full-year forecast, investors should note the stable cash flow and increased dividends.