Notice Regarding Revision of Full-Year Earnings Guidance and Dividend Forecast

Regarding the Revision of Earnings Guidance

Nihon Air Conditioning Service Co., Ltd. has revised its consolidated full-year earnings guidance for the fiscal year ending March 2026, forecasting net sales of 682.0 billion yen (3.3% increase from previous forecast), operating income of 4.7 billion yen (11.9% increase), ordinary income of 5.0 billion yen (13.6% increase), and net income attributable to owners of parent of 3.55 billion yen (12.7% increase). The non-consolidated performance forecasts were also revised upward with net sales of 478.0 billion yen (5.1% increase), operating income of 3.0 billion yen (7.1% increase), ordinary income of 3.8 billion yen (11.8% increase), and net income of 2.8 billion yen (12.0% increase). The sales increase is attributed to demand for air conditioning equipment renewal and rising needs for energy efficiency, while profitability benefits from appropriate pricing on orders and robust capital investment demand.

Regarding the Revision of Dividend Forecast

The dividend forecast has also been revised, raising the year-end dividend from 23 yen to 29 yen, a 6 yen increase, bringing the annual dividend to 52 yen from 46 yen. The consolidated dividend payout ratio is 50.7%, reflecting a policy emphasizing shareholder returns. This dividend forecast revision is scheduled to be proposed at the 63rd Annual General Meeting of Shareholders to be held in June 2026. The company aims to continue sustainable profit distribution and strengthening its management foundation.