Notice Regarding Revisions to Earnings Forecast and Dividend Forecast

Overview of Earnings Forecast Revision

Centered on real estate acquisition and resale, the company revises its consolidated earnings forecast for the fiscal year ending December 2026 downward due to declines in overseas investor demand and sluggish marketing of large properties. Forecasts: sales 61,599 million yen, operating income 8,588 million yen, ordinary income 7,237 million yen, net income attributable to owners of the parent 4,770 million yen, and earnings per share 202.58 yen. Compared with the previous forecast, substantial declines are anticipated. The company will continue efforts to adapt to market conditions and expand sales channels, with a potential for recovery depending on future measures.

Dividend Forecast Revision and Long-Term Policy

Dividends are revised to a total annual amount of 104 yen, comprised of an interim 52 yen and a year-end 52 yen. The year-end dividend is reduced by 26 yen. The consolidated payout ratio is expected to be about 51.3%. The company emphasizes strengthening financial position and retaining earnings for long-term business expansion while maintaining stable dividends. The stance of prioritizing shareholder returns remains, with allocations based on earnings recovery.