Notice on Revision of Consolidated Earnings Forecast for the 2nd Quarter of the Company’s Year Ending March 2027 (Unaudited) and Full-Year Consolidated Forecast, and the 16th Medium-Term Management Plan Consolidated Numerical Targets

Summary of earnings forecast revisions

We have raised the consolidated earnings forecast for the 2Q cumulative period of the year ending March 2027: revenue from 31,000 million yen to 31,400 million yen; operating income from 800 million yen to 1,300 million yen; ordinary income to 1,000 million yen; net income attributable to owners of parent from 500 million yen to 1,000 million yen; and earnings per share from 15.34 yen to 30.67 yen. For the full-year forecast, we have revised revenue from 64,000 million yen to 65,000 million yen; operating income from 2,100 million yen to 2,800 million yen; ordinary income from 2,500 million yen to 3,300 million yen; net income for the year to 2,200 million yen; and earnings per share to 67.47 yen from 46.01 yen upward.

Revision of the Medium-Term Management Plan and its background

We have updated the consolidated numerical targets of the 16th Mid-Term Management Plan to align with the revised full-year forecast for the year ending March 2027. The targets are: revenue 65,000 million yen, operating income 2,800 million yen, ROE above 3.8%, ROA 3.7%, and ROIC 3.8%. The background includes increased demand in the construction, automotive, and machine tool sectors, as well as成果 from cost-reduction initiatives, and we will address uncertainty factors such as exchange rates and geopolitical risks.