Notice Regarding Revision of Full-Year Consolidated Earnings Guidance

Details of Earnings Forecast Revision

Kosaido Holdings Co., Ltd. has downwardly revised its full-year consolidated earnings guidance for the fiscal year ending March 2026 as follows: net sales to 36,220 million yen (previously 39,750 million yen), operating income to 6,740 million yen (previously 8,350 million yen), ordinary income to 6,570 million yen (previously 8,050 million yen), and net income attributable to owners of parent to 4,740 million yen (previously 5,380 million yen). This represents an 8.9% decrease in net sales, 19.3% decrease in operating income, 18.4% decrease in ordinary income, and 11.9% decrease in net income. Net income per share is expected to decline to 34.27 yen. Meanwhile, the year-end dividend forecast remains unchanged at 6.67 yen per share.

Reasons for Revision and Future Policy

In the funeral segment, the number of cremations fell short of expectations due to a decrease in deaths in Tokyo; however, a medium- to long-term increase through 2065 is anticipated, viewing the current decline as a temporary fluctuation. The company is focusing on improving customer satisfaction to expand its earnings base. In the asset consulting segment, delays in acquiring real estate brokerage cases related to inheritance, along with failure to achieve operating income targets for key projects, have also impacted results. Moving forward, the company plans to build a comprehensive earnings model encompassing not only real estate but also financial services such as loan businesses.