Notice of Revision to Consolidated Earnings Forecast for the Second Quarter (Interim) of the Fiscal Year Ending March 2027

Overview of Performance

The consolidated earnings forecast for this interim period is expected to fall short of assumptions due to a downward revision in the expected number of condominium units sold, resulting in lower net sales and declines in operating income, ordinary income, and net income attributable to owners of parent. Specifically, net sales are expected to be 18,346 million yen, operating income 407 million yen, ordinary income 11 million yen, net income attributable to owners of parent (interim) -7 million yen, and net income per share (interim) -0.77 yen. These figures represent a significant downward revision compared with the previously announced forecast. There is no change to the full-year forecast at this time.

Outlook and Factors

Because the number of condominium units sold in the real estate sales business is expected to be lower than assumed, declines in net sales and each profit indicator are anticipated. The consolidated full-year earnings forecast has not been revised at this time; however, depending on future market conditions and sales results, the outlook may be reviewed again. The contact window for inquiries remains unchanged.