Notice on Revision of Earnings Guidance (Upward Revision) and Dividend Forecast Revision (Increase)

About the Upward Revision of Earnings Guidance

The consolidated earnings forecast for the fiscal year ending March 2026 has been revised upward to net sales of 218,000 million yen (previous forecast 214,600 million yen), operating income of 16,400 million yen (previous forecast 13,500 million yen), ordinary income of 16,200 million yen (previous forecast 13,500 million yen), and net income attributable to owners of parent of 11,500 million yen (previous forecast 9,500 million yen). The growth rates are +1.6% for net sales, +21.5% for operating income, +20.0% for ordinary income, and +21.1% for net income. The rationale for the upward revision is due to increased profitability in the property business, notably domestic hotel operations driven by rising domestic and inbound travel demand, gains from the sale of real estate for sale, and profitability-focused operations in the apparel and miscellaneous goods business, resulting in overall better-than-expected performance compared to the previous forecast.

Dividend Forecast Revision (Increase)

Decided to increase the annual dividend forecast from 30.00 yen to 38.00 yen. As a result, the interim dividend will be maintained at 15.00 yen, and the期末 dividend will be raised from 15.00 yen to 23.00 yen. The increase is based on prioritizing shareholder returns through enhanced corporate value, implementing continuous and stable dividends, and considering the recent upward revision of earnings. The previous year's dividend was 29.00 yen, representing a prospective increase of 9 yen.