Notice Regarding Revision of Full-Year Consolidated Earnings Guidance and Dividend Forecast for the Fiscal Year Ending March 2026 (Dividend Increase)

Overview of Earnings Forecast Revision

The full-year consolidated earnings guidance for the fiscal year ending March 2026 has been revised upward, with net sales at 154,500 hundred million yen (up 1.6% from the previous forecast), operating income at 17,000 hundred million yen (up 6.3%), ordinary income at 18,000 hundred million yen (up 9.8%), and net income attributable to owners of parent at 13,000 hundred million yen (up 6.6%). Although the inorganic chemicals segment faces a challenging environment for titanium oxide sales, strong pesticide sales in the organic chemicals segment have contributed to earnings growth. Additionally, the depreciation of the yen against other currencies has also been a positive factor boosting earnings.

Revision and Policy on Dividend Forecast

The dividend forecast has also been revised, with the annual dividend planned at 120 yen (interim 30 yen, year-end 90 yen), up from the previous forecast of 100 yen. The company prioritizes enhancing corporate value and shareholder returns as its most important policy, targeting a consolidated dividend payout ratio of 40%. Maintaining stable dividends is the fundamental policy, and a dividend policy with a minimum DOE of 3% has been established.