Notice Regarding Recording of Extraordinary Income (Gain on Sales of Investment Securities), Revision of Earnings Guidance and Revision of Dividend Forecast (Special Dividend)

Regarding Revision of Earnings Guidance

Japan Sugar Manufacturing Co., Ltd. has revised its full-year consolidated earnings guidance for the fiscal year ending March 2026 due to the anticipated recording of extraordinary income of 5,370 million yen from partial sales of its investment securities. Net sales remain unchanged at 69,000 million yen. Operating income has improved from a loss of 600 million yen to a loss of 400 million yen, and ordinary income has increased from 100 million yen to 300 million yen. Net income attributable to owners of parent is expected to surge from 900 million yen to 4,700 million yen, with net income per share rising significantly from 72.66 yen to 382.19 yen.

Revision of Dividend Forecast and Capital Policy

Regarding the dividend forecast, a special dividend of 80 yen will be added to the ordinary dividend of 80 yen, making the year-end dividend a total of 160 yen per share. The resolution for the special dividend will be submitted at the 128th Annual General Meeting of Shareholders scheduled for late June 2026. The sale of investment securities is part of a review of policy shareholdings under the Corporate Governance Code and aims to improve asset efficiency. This is a measure to enhance capital efficiency and strengthen shareholder returns.