Supplementary Materials for the Second Quarter of the Fiscal Year Ending March 2027

Summary of Results

In the second quarter, revenue was 61,800 million yen (Year-over-Year +7.8%), operating income was 4,000 million yen (+1.7%), ordinary income was 4,900 million yen (+3.7%), and interim net income attributable to owners of parent was 3,200 million yen (decrease YoY; however, the prior-year period was affected by a refund, so results are effectively an increase). These results continue at historically high milestone levels. Increased orders driven by model changes in Japan and the weaker yen contributed. For the second half, the company factored in rising raw material prices while taking a cautious view of demand in China and Thailand, and revised the full-year forecast. The company aims for DOE 8% and an optimal equity ratio of 55% to maintain dividend stability.

Shareholder Returns and Capital Policy

An interim dividend of 93 yen per share and an annual dividend forecast of 186 yen per share are expected. Dividends are presented taking into account the April 2025 stock split. As progress on the 2030 plan, the company maintains an equity ratio of 55% and DOE of 8%. In September 2025, the company acquired 2,400,000 shares, equivalent to 6% of issued shares. The company will continue to acquire and cancel treasury stock. Sales of policy holdings target 10,000 million yen, expected to be completed by the fiscal year ending March 2028.