Notice of Revision of Earnings Guidance and Dividend Forecast

Summary of Earnings Trend

On May 13, 2026, earnings guidance was raised. Amid stronger-than-expected orders and deliveries in the energy business, both the second-quarter consolidated results and the full-year figures for revenue and profit were revised upward. Interim revenue is 61,000百万円, interim operating profit 5,000百万円, interim ordinary profit 5,400百万円, interim net income attributable to owners of the parent 4,400百万円, and interim earnings per share 121.85円. For the full year, revenue is expected to be 128,000百万円, operating profit 10,500百万円, ordinary profit 11,000百万円, net income attributable to owners of the parent 8,400百万円, and earnings per share 232.49円. These revisions were made under the shareholder return policy, which shifted from aiming for a total return ratio of 45% to a consolidated payout ratio target of 45%, aligned with the policy of continuing stable profit return.

Impact on Shareholders and Outlook

The revised dividend forecast is 105 yen per share for the year (46 yen for the interim, 59 yen for the final), maintaining a stable dividend policy. In light of expected earnings improvement, the company will continue to monitor energy-related demand and supply dynamics while pursuing further improvements in financial indicators and capital efficiency. Note that the figures in this document are based on information available at the disclosure date, and actual results may differ due to future events.