Notice Regarding the Difference Between Full-Year Earnings Forecast and Actual Results

Overview of results

This report discloses the differences between the full-year earnings forecast for the fiscal year ending July 2026 and actual results. Although revenue fell short of the forecast, cost reductions including selling, general and administrative expenses and budget operation efficiency allowed operating income to be maintained at the previous forecast level. Ordinary income exceeded the prior forecast when considering foreign exchange losses and interest income from held bonds, and net income attributable to owners of the parent significantly surpassed the forecast after careful assessment of the recoverability of deferred tax assets. The year-end dividend remains in line with the prior policy.

Impact on shareholders and outlook

The decrease in revenue is attributed to delays in delivery for some projects. Going forward, focus will be on continuing delivery timing management and cost-reduction effects. On the profit side, further cost reductions are expected to continue, and dividend policy is expected to be maintained depending on the outlook. There are risks of fluctuations due to external factors such as foreign exchange movements and interest income from bonds, which require attention.