Notice Regarding Revision of Full-Year Consolidated Earnings Guidance for Fiscal Year Ending March 2026

Details of Revision of Earnings Guidance

Mitsui E&S Holdings Co., Ltd. has revised its full-year consolidated earnings guidance for the fiscal year ending March 2026, upwardly adjusting operating income from 30,000 million yen to 35,000 million yen, ordinary income from 31,000 million yen to 40,000 million yen, and net income attributable to owners of parent from 26,000 million yen to 31,000 million yen. Net sales remain unchanged from the previous forecast at 340,000 million yen. The assumed exchange rate was revised from 145 yen to 150 yen per US dollar.

Reasons for Revision and Segment-wise Performance

The main reasons for the revision are the planned execution of highly profitable projects and partial realization of cost reduction effects in the Marine Propulsion Systems and Logistics Systems segments. The After-sales Service business maintained a certain level, and the impacts of U.S. tariff policies and geopolitical risks were judged to be limited. By segment, operating income forecasts were revised upward from 6,000 million yen to 6,500 million yen for Growth Business Promotion, from 12,000 million yen to 14,500 million yen for Marine Propulsion Systems, and from 9,000 million yen to 12,000 million yen for Logistics Systems. Operating income for Peripheral Services is expected to decrease from 3,000 million yen to 2,000 million yen.