Notice of Revision to Consolidated Earnings Guidance

Overview of the Revision

We have revised the consolidated earnings guidance for the fiscal year ending March 2027. We now expect net sales of 56,000 hundred million yen, operating income of 3,000 hundred million yen, ordinary income of 3,100 hundred million yen, and net income attributable to owners of parent of 2,000 hundred million yen, representing increases in sales and profits compared with the previous forecast. Compared with the prior fiscal year results, net sales remain essentially steady, and operating and ordinary income have been revised upward. Net income is expected to remain as previously forecast at the beginning of the period.

Background and Points to Note

The upside in profits is attributable to steady progress on backlog construction and expected design change amounts exceeding initial assumptions. Considering a decrease in extraordinary gains, the market valuation of held shares, and the status of dialogues with investee companies regarding the reduction of policy-held shares, net income is expected to be equivalent to the previous forecast. This forecast is based on currently available information and actual results may differ due to changes in market conditions and other factors.