Notice Regarding Earnings Forecast for the Fiscal Year Ending March 2027 and Dividend Forecast

Summary of earnings outlook

Today, at the Board of Directors meeting, we published the full-year earnings forecast for the fiscal year ending March 2027. We expect net sales of 10,500 million yen, operating income of 350 million yen, ordinary income of 250 million yen, and net income attributable to owners of the parent of 160 million yen, while projecting an annual dividend of 3 yen per share. A direct YoY comparison with the previous period is not disclosed, but while external conditions remain uncertain, demand is expected to be broadly stable, with high raw material prices anticipated to continue to weigh on profitability.

Assumptions and outlook going forward

The company will continue cost-reduction and price-recovery initiatives, while anticipating improved demand in the latter half of the year. The impact of the Hormuz Strait is diminishing, but a pullback in demand could still occur. The dividend policy is based on strengthening the financial position and ensuring stable, ongoing dividends, with a payout ratio of about 30%. In the future, any revisions to the forecast or progress toward results will be disclosed as appropriate.