Notice Regarding Revision of Consolidated and Non-consolidated Earnings Forecasts and Revision of Dividend Forecast

Revision of Earnings Forecasts

We have revised the consolidated and non-consolidated full-year forecasts for the fiscal year ending December 2026. Consolidated net sales are 12,600 million yen, unchanged from the previous forecast; consolidated operating income is expected to be 2,300 million yen, consolidated ordinary income 1,210 million yen, and net income attributable to owners of parent 700 million yen. On a non-consolidated basis, net sales are projected at 12,000 million yen, operating income 2,390 million yen, ordinary income 1,300 million yen, and net income 750 million yen, resulting in earnings per share of 113.92 yen (consolidated) and 122.06 yen (non-consolidated). The dividend including year-end is revised to 24 yen 41 sen per share. The revisions reflect costs and impacts related to receivables securitization and the effect of goodwill amortization, and represent an appropriate reappraisal based on implementation status in the second half.

Dividend Policy and Shareholder Returns

The revision of the dividend forecast is based on a payout ratio policy of 20% calculated from non-consolidated net income of 750 million yen. We have raised the year-end dividend forecast to 24 yen 41 sen per share to strengthen shareholder returns. Information on treasury stock is not included in this document. Final confirmed values and changes in the number of shares may cause the dividend amount to vary.