Notice Regarding Revision of Full-Year Consolidated Earnings Guidance and Dividend Forecast

Details of Revision to Earnings Guidance

Max Co., Ltd. has revised its consolidated earnings guidance for the fiscal year ending March 2026. Net sales have been upwardly revised to 99,600 million yen (previous forecast: 97,700 million yen), operating income to 17,500 million yen (previously 17,200 million yen), ordinary income to 18,200 million yen (previously 17,500 million yen), and net income attributable to owners of parent to 13,600 million yen (previously 13,200 million yen). The rate of change is a 1.9% increase in net sales, a 1.7% increase in operating income, a 4.0% increase in ordinary income, and a 3.0% increase in net income. The revision is due to the current steady performance.

Revision of Dividend Forecast and Planned Stock Split

The dividend forecast has also been revised, with the annual dividend increased to 144 yen (previously 132 yen). The dividend policy is based on consolidated financial results, targeting a dividend payout ratio of 5.0% on net assets and a payout ratio of 50%. Additionally, a stock split is planned with an effective date of April 1, 2026, and the year-end dividend for the fiscal year ending March 31, 2026, will be paid based on the number of common shares after the stock split.