Notice Regarding Revision (Upward Revision) of Full-Year Consolidated Earnings Forecast

Details of Earnings Forecast Revision

Toyo Seikan Group Holdings, Ltd. has revised its full-year consolidated earnings forecast for the fiscal year ending March 2026, upwardly adjusting consolidated operating income from the previous forecast of 45 billion yen to 51.5 billion yen, a 14.4% increase. Consolidated ordinary income is expected to rise 20.8% from 48 billion yen to 58 billion yen, and net income attributable to owners of parent is also projected to increase 11.2% from 49 billion yen to 54.5 billion yen. Net sales remain unchanged at 960 billion yen compared to the previous forecast. This revision means the company is expected to achieve the operating income target of 50 billion yen set in the medium-term management plan for the final business year of fiscal 2025.

Background of Revision and Future Outlook

The main reasons for the revision include cost reduction efforts throughout group companies and a reduction in losses due to the recovery of the overseas engineering business performance. These factors have led to a significant improvement in operating income, and ordinary income as well as net income are expected to exceed the previous forecast. Going forward, the company plans to continue monitoring market environment fluctuations carefully while working toward achieving the targets.