Notice Regarding Revision of Full-Year and Second Quarter Earnings Forecasts for the Fiscal Year Ending March 2027 and Revision (Increase) of Year-End Dividend Forecast

Overview of Earnings Revisions

This document announces upward revisions to the consolidated earnings forecasts for the second quarter and full year of the fiscal year ending March 2027. Strong domestic demand, robust water treatment markets in the United States, favorable conditions in the semiconductor and LCD markets in China, Taiwan and South Korea, and foreign exchange translation benefits from the weak yen have contributed, leading to expectations that net sales and profit levels at each stage will exceed the previous forecasts. Interim net sales have been revised upward to 26,893 million yen, operating income to 3,990 million yen, ordinary income to 4,577 million yen, interim net income to 3,392 million yen, and interim net income per share to 152.85 yen. Full-year forecasts have also been raised to net sales of 54,175 million yen, operating income of 7,537 million yen, ordinary income of 8,655 million yen, net income attributable to owners of parent of 6,437 million yen, and net income per share attributable to owners of parent of 289.57 yen.

Revision of Dividend Forecast and Policy

The dividend forecast, including the year-end dividend, has been revised, and the annual dividend is expected to be 112 yen (including a 10 yen commemorative dividend). This is an increase from the previous forecast of 92 yen. Under the policy of a payout ratio of 35% or more and a minimum dividend of 70 yen, the Company intends to continue implementing stable and continuous dividends in light of the upside in results.