Notice Regarding Differences Between Second Quarter Earnings Guidance and Actual Results, Revision of Full-Year Earnings Forecast, Distribution of Surplus (Interim Dividend) and Revision of Year-End Dividend Forecast

Earnings Overview

Chino Corporation disclosed the variances between actual results for the cumulative second quarter of the fiscal year ending March 2027 and the previously announced guidance. Net sales were 15,008 million yen, operating income was 1,639 million yen, ordinary income was 1,664 million yen, and interim net income attributable to owners of parent was 920 million yen. These results exceeded the previous guidance, particularly with substantial upside in operating income, ordinary income and interim net income. The full-year forecast was also updated: net sales 33,500 million yen, operating income 3,800 million yen, ordinary income 3,900 million yen, net income attributable to owners of parent 2,300 million yen, and net income per share 140.51 yen.

Dividends and Capital Allocation

An interim dividend of 20 yen per share was resolved, and the full-year dividend forecast was revised to 65 yen. The presented dividends account for the effects of a stock split; for the record date of September 30, 2026 the interim dividend is 20 yen, and the total full-year payout including the year-end dividend is planned to be 65 yen. The shareholder return policy remains to continue stable dividends with a target consolidated dividend payout ratio of 40%.