Q1 Six-Month Period Ended March 2027 Financial Summary (Japan GAAP) (Consolidated)

Overview of business performance

For this fiscal quarter, revenue from the construction materials-related business was 5.522 billion yen (YoY △4.9%), with cement products including our flagship extruded cement panels remaining solid, while housing-related demand slowed. On the profit side, due to the decline in revenue, operating income fell to 405.367 million yen (△28.6%), and ordinary income to 494.130 million yen (△22.5%). Despite litigation-related losses, quarterly net income attributed to owners of the parent improved to 178.469 million yen from a significant year-ago loss. Total assets stood at 3.072 billion yen, equity ratio 71.1%, treasury stock 177,944 shares. Litigation-related extraordinary losses may affect future performance.

Outlook and key points

For the next periods, no changes have been made to the already disclosed consolidated earnings projections; the 2Q cumulative and full-year outlook remain unchanged. Factors such as deterioration in material procurement conditions, trends in raw material costs, and litigation-related expenses could influence results, so continued attention to performance is warranted. The dividend forecast remains unchanged at the time of disclosure.