Notice Regarding Revision of Earnings Guidance

Details of Revision to Earnings Guidance

In the consolidated earnings forecast for the fiscal year ending March 2026, net sales remain unchanged at 286,700 million yen compared to the previous forecast. On the other hand, operating income has been revised upward to 21,300 million yen (12.1% increase), ordinary income to 23,000 million yen (15.0% increase), and net income attributable to owners of parent to 14,400 million yen (6.7% increase). The primary reasons for the profit improvement are increased profitability in domestic and overseas construction projects and the recording of gains on sales of investment securities. The non-consolidated earnings forecast is likewise expected to exceed the previous forecast in ordinary income and net income.

Reasons for Revision and Future Outlook

The upward revision of profits is attributable not only to improved project profitability but also to the recording of gains on sales of investment securities, despite losses related to the closure of factories at overseas subsidiaries. Additionally, increased dividend income has contributed to profit growth in the non-consolidated results. It should be noted that dividend income comes from consolidated subsidiaries and does not affect consolidated earnings. Going forward, actual results may fluctuate due to changes in market and business environments, so continued monitoring is essential.