Notice Regarding Revision of Earnings Guidance and Dividend Forecast

Regarding the Revision of Earnings Guidance

Techno Ryowa Corporation has revised its full-year consolidated and non-consolidated earnings guidance for the fiscal year ending March 2026. Consolidated net sales slightly decreased from the previous forecast of 98,500 million yen to 97,900 million yen, but operating income increased significantly by 17.6% from 12,800 million yen to 15,050 million yen. Ordinary income was revised upward by 19.5% from 13,200 million yen to 15,780 million yen, and net income attributable to owners of parent was revised upward by 16.5% from 9,650 million yen to 11,240 million yen, representing a substantial upward revision in profits. The non-consolidated earnings outlook follows a similar trend, with sales decreasing but profits expected to exceed the previous forecast. The sales decline is due to a review of progress on backlog construction projects, while profit growth is attributed to improved productivity through more efficient construction system operations.

Regarding the Revision of Dividend Forecast

The dividend forecast has also been substantially revised, with the year-end dividend raised from 58 yen to 120 yen, and the annual dividend increased from the previous forecast of 108 yen to 170 yen. This represents a 70 yen increase from the prior fiscal year's actual dividend of 100 yen and aligns with the company's management policy emphasizing shareholder returns. During the mid- to long-term management vision period 'TECHNO RYOWA 2032,' the company has set guidelines not to decrease dividends from the previous year and to increase dividends in line with profit growth. This dividend increase is consistent with that policy.