Notice of Revision to Earnings Guidance and Dividend Forecast

Key Points of the Financial Results

Yamada Corporation has revised upward its consolidated earnings guidance for the cumulative second quarter of the fiscal year ending March 2027. Sales are set at 8,520 million yen, operating income at 1,360 million yen, ordinary income at 1,410 million yen, and interim net income attributable to owners of parent at 1,020 million yen. For the full year, the company forecasts sales of 16,500 million yen, operating income of 2,450 million yen, ordinary income of 2,500 million yen, and net income attributable to owners of parent of 1,830 million yen. The company views foreign exchange trends and U.S.-related policy changes as positive factors and reflects the upside in cumulative Q2 results.

Change in Dividend Policy and Outlook

Regarding dividends, the company plans to set the annual dividend at 230 yen, with a year-end dividend of 110 yen, totaling 230 yen. Although this represents a revision from the initial plan, the company indicates it will appropriately calibrate shareholder returns against the backdrop of profit growth. While there remains uncertainty in future performance, the company will monitor exchange rate conditions and regional market trends and continue to pursue its medium- to long-term growth strategy.