Notice Regarding Difference Between Consolidated Earnings Forecast and Actual Results for the Second Quarter of the Fiscal Year Ending March 2027 (Interim), Upward Revision of Full-Year Consolidated Earnings Forecast, and Revision (Increase) of Year-end Dividend Forecast

Earnings Highlights

Interim results: net sales 13,423 million yen, operating income 1,272 million yen, ordinary income 1,238 million yen, and net income attributable to owners of parent for the interim period 815 million yen. Compared with the previous forecast, net sales increased by 1,773 million yen, operating income increased by 472 million yen, ordinary income increased by 478 million yen, and interim net income attributable to owners of parent increased by 295 million yen. Based on these results, the full-year forecast has been revised upward to net sales 25,800 million yen, operating income 2,300 million yen, ordinary income 2,200 million yen, and net income attributable to owners of parent 1,500 million yen. The year-end dividend will be increased from 50 yen to 60 yen, with an expected annual dividend of 60 yen. Contributing factors include expanded demand related to reuse and recycling, favorable conditions in the electronics sector, and the impact of crude oil and naphtha price increases.

Impact on Shareholders and Outlook

The interim results and upward revision of the full-year forecast are driven by increased demand for resource circulation, sustained high prices for recycled organic solvents, and profit expansion from increased waste handling volumes. The company intends to continue a stable dividend policy; the increase in the year-end dividend enhances total shareholder returns. This information is attractive to investors from both growth and dividend perspectives.