Revision of Full-Year Consolidated Earnings Guidance for Fiscal Year Ending March 2027

Overview of the Revision to Earnings Guidance

Mitsuboshi Belting Ltd. has revised its full-year consolidated earnings guidance for the fiscal year ending March 2027. Net sales are expected to be 98,000 hundred million yen, operating income 11,300 hundred million yen, ordinary income 11,800 hundred million yen, net income attributable to owners of parent 11,500 hundred million yen, and net income per share 413.91 yen. Overall, the revision reflects an improvement compared with the previous guidance, with particularly large increases in operating income, ordinary income, and net income. The company attributes the improvement to strong overseas market conditions through the second quarter and a favorable currency environment, effective pass-through of higher raw material costs, improvements in product sales mix, and the effects of production and logistics restructuring projects.

Background of the Revision and Future Outlook

The background to the revision includes strong second-quarter performance driven by robust overseas sales and a favorable currency environment, along with successful price pass-through and the benefits of restructuring. Although global economic uncertainty remains, the revised guidance exceeds the previous forecast, and future performance will continue to be influenced by developments in overseas markets and currency movements.