Notice of Revision to Full-Year Earnings Forecast and Dividend Forecast

Earnings Overview

In the revision to the full-year earnings forecast announced today, the fiscal year ending December 2026 revenue has been revised upward to 900,000 hundred million yen, operating income to 217,000 hundred million yen, ordinary income to 190,000 hundred million yen, net income attributable to owners of parent to 126,000 hundred million yen, and earnings per share to 165.92 yen. Compared with the previous forecast, all profit items have been revised upward, indicating a projection of record-high profits. The dividend has also been increased to a year-end dividend of 36.50 yen and a full-year dividend of 70.00 yen, and the company will continue its policy of raising the medium- to long-term dividend payout ratio based on a stable dividend foundation.

Impact on Shareholders and Future Outlook

This revision is driven by the effects of prioritizing the construction of a high-quality rental portfolio and selling properties that do not align with the holding policy, resulting in upward revisions for all profit items. Under the medium- to long-term plan, the company aims to raise the dividend payout ratio to 45% by 2029, and the realization of the full-year dividend of 70 yen is part of this policy. Depending on future performance trends, there is a possibility of further improvement in dividend stability.