Notice of Revisions to Earnings Guidance and Dividend Forecast (Increase)

Revision of Earnings Guidance

The consolidated results forecast for the six months ended and for the full year of the fiscal year ending February 2027, announced today, has been upwardly revised to revenue of 31,500 million yen, operating income of 2,550 million yen, ordinary income of 2,500 million yen, net income attributable to owners of parent for the interim of 1,600 million yen, and interim earnings per share of 75.62 yen. For the full year, the forecast is revenue of 66,000 million yen, operating income of 5,450 million yen, ordinary income of 5,350 million yen, net income attributable to owners of parent of 3,450 million yen, and earnings per share of 163.05 yen. The increases are in the range of approximately 0.8% to 3.9%, with the primary drivers being buoyant performance in Japan’s creative and medical fields and the favorable progress of the Takahashi Publishing Group, which became a subsidiary in 2025.

Dividend Policy and Outlook

The annual dividend forecast is 51 yen, with 51 yen at both the interim and year-end. Consequently, the total annual dividend increases from the previous 50 yen, and the payout ratio is aligned with the group's policy to balance retained earnings and growth investments while returning value to shareholders.