Notice of Revision of Earnings Forecast for the 2Q of the February 2027 Term and Full-Year and Revision of Dividend Expectation

Overview of Earnings Forecast Revision

This notice mainly communicates the upward revision of the earnings forecast for the 2Q cumulative period and the full year for the February 2027 term. Net sales for the 2Q cumulative period exceed the previous forecast at 12,600 million yen, with upward revisions to operating income, ordinary income, interim net income, and earnings per share. For the full year, net sales are revised to 25,300 million yen, operating income to 1,880 million yen, ordinary income to 1,930 million yen, and net income to 1,220 million yen. The factors cited include strong sales growth and promotional impact, and prudent use of advertising expenses. It also notes revising assumptions to partly reflect higher raw material prices.

Shareholder Returns Policy and Impact on Dividends

Dividend forecasts are maintained or increased: 0 yen at the interim end, 16 yen at year-end, and 16 yen for the year. The company aims to maintain a stable dividend policy aligned with DOE (dividend on equity) and to secure a stable payout ratio this term. The year-end dividend was revised up by 1 yen to 16 yen, signaling a strengthened emphasis on shareholder returns.