Notice Regarding Revision of Full-Year Consolidated Earnings Forecast and Dividend Forecast (Dividend Increase) for the Fiscal Year Ending March 2026

Details of Earnings Forecast Revision

Yasuda Warehouse Co., Ltd. has revised its full-year consolidated earnings forecast for the fiscal year ending March 2026, upwardly revising net sales to 80,000 million yen (previous forecast 78,000 million yen), operating income to 4,200 million yen (previous 3,700 million yen), ordinary income to 5,600 million yen (previous 5,000 million yen), and net income attributable to owners of parent to 6,000 million yen (previous 3,300 million yen). Notably, net income is expected to increase significantly by 81.8% from the previous forecast. This is attributed to improved occupancy rates at logistics and real estate facilities, steady demand capturing in kitting and transportation operations, enhanced efficiency from IT and logistics digital transformation promotion, and progress in cost structure reforms.

Revision of Dividend Forecast and Its Background

The dividend forecast has also been revised upwards, deciding to increase the year-end dividend to 39 yen (previously 29 yen) and the annual dividend to 68 yen (previously 58 yen). This aligns with the basic dividend policy based on the medium-term management plan and reflects the upward revision of earnings. Additionally, special gains from partial sale gains of investment securities and real estate holdings are expected to be recorded, contributing to the significant increase in net income.