Notice Regarding Revision of Earnings Guidance and Year-End Dividend Forecast (Dividend Increase)

Revision of Earnings Guidance

Regarding the earnings guidance for the fiscal year ending March 2026, although a decrease in revenue and profit was initially anticipated due to the absence of large-scale projects seen in the previous year, profits are now expected to exceed the previous forecast due to progress in construction and thorough cost management. Net sales remain unchanged at 100,000 million yen as previously forecasted. Operating income is revised upward by 14.3% from 7,000 million yen to 8,000 million yen, ordinary income by 13.3% from 7,500 million yen to 8,500 million yen, and net income attributable to owners of parent by 20.0% from 5,000 million yen to 6,000 million yen. Net income per share is also revised up by 20.0% from 105.68 yen to 126.82 yen. Note that a 3-for-1 stock split was conducted on October 1, 2024.

Revision of Year-End Dividend Forecast

In line with our policy to enhance capital efficiency and based on the upward revision of earnings guidance, we have decided to increase the year-end dividend forecast. The year-end dividend is raised by 7 yen from the previously forecasted 65 yen to 72 yen per share, resulting in an increase in the annual dividend as well. The previous fiscal year's results, adjusted for the stock split, correspond to an annual dividend of 65 yen, and this hike demonstrates our commitment to strengthening shareholder returns. The dividend forecast is based on the earnings outlook for the fiscal year ending March 2026 and is subject to change depending on future circumstances.