Notice Regarding Differences Between Consolidated Results Forecast and Actual Results for the Second Quarter (Interim) of the Fiscal Year Ending March 2027, Revision of Full-Year Earnings Forecast, and Revision of Surplus Dividend (Interim Dividend) and Year-End Dividend Forecast

Overview of Performance

Interim results for the fiscal year ending March 2027 recorded net sales of 416,367 million yen, operating income of 23,848 million yen, ordinary income of 24,341 million yen, net income attributable to owners of parent of 16,253 million yen, and basic earnings per share (interim) of 153.67 yen, significantly exceeding previously announced forecasts. Demand for seasonal products such as air conditioners was particularly strong, supported by higher average temperatures and replacement demand related to the 2027 issue. In light of these factors, the Company has revised upward its full-year forecasts for the fiscal year ending March 2027.

Dividend Policy and Dividend Revision

The interim dividend has been increased to 30 yen per share (previous forecast 25 yen), and the year-end dividend has been increased to 35 yen per share (previous forecast 25 yen), resulting in a full-year dividend of 65 yen per share. The source of dividends is retained earnings, and the Company aims for stable and continuous shareholder returns with a consolidated payout ratio guideline of 30% or more.