Notice of Revision of Consolidated Full-Year Financial Outlook for the Year Ending March 2027, Disclosure of Full-Year Non-Consolidated Outlook and Revision of Dividend Forecast

Revision of Results and Dividend

Today, the full-year consolidated financial outlook for the year ending March 2027 was revised downward, with net sales expected to be 37,100 million yen, down 11.4% from the previous forecast; operating income expected to be negative 2,050 million yen; ordinary income expected to be negative 95.2% to 200 million yen; net income attributable to owners of the parent expected to be negative 1,800 million yen. In addition, the full-year non-consolidated outlook was newly disclosed: net sales 22,000 million yen, operating income negative 3,600 million yen, ordinary income negative 900 million yen, and net income negative 2,450 million yen. The dividend forecast was revised from 30.00 yen per share to 20.00 yen. The decline is mainly due to reduced royalties, leading to an overall deterioration in profitability.

Outlook and Impact on Investors

The revision will affect the company's financial policy, including shareholder returns, in a context where profitability is expected to weaken. The dividend revision aligns with an objective to maintain a stable payout, adjusting to the reduced earnings. Depending on market trends, further disclosures or revisions may be anticipated, and investors should monitor the risks of a royalty-dependent revenue model and the potential for any recovery going forward.