Notice of Revision to Earnings Guidance

At the Board of Directors meeting held on 2026-10-29, the earnings guidance announced on 2026-05-15 was revised. For the second quarter, net sales were revised from 4,000 million yen to 3,750 million yen, operating income from 12 million yen to -65 million yen, ordinary income from 130 million yen to 60 million yen, interim net income from 85 million yen to 45 million yen, and interim net income per share from 8.11 yen to 4.29 yen. For the full year, net sales are revised from 8,000 million yen to 7,800 million yen, operating income from 30 million yen to 20 million yen, ordinary income from 190 million yen to 180 million yen, net income attributable to owners of parent from 125 million yen to 120 million yen, and net income per share from 11.93 yen to 11.41 yen. The revisions are due to weak new housing starts and shortfall in orders for core products. While the full year is expected to fall short of previous guidance, the company aims to improve earnings in the second half through increased demand for renovation building materials, productivity improvements, cost reductions, and appropriate price pass-through. Dividend forecast remains unchanged.