Notice of Revision to Consolidated Earnings Forecast and Revision to Distribution of Surplus (Interim Dividend) and Dividend Forecast (Year-end Dividend) (Dividend Increase)

Revision to Earnings Forecast

Considering steady progress in the shift of the product mix toward consecutive construction of large bulk carriers in the newbuilding business and that the USD/JPY exchange rate during the fiscal period moved toward a weaker yen than assumed, we have revised upward the consolidated earnings forecast for the fiscal year ending March 2027. Net sales are expected to be 173,000 hundred million yen, operating income 32,000 hundred million yen, ordinary income 32,000 hundred million yen, net income attributable to owners of parent 23,000 hundred million yen, and net income per share 330.93 yen. Each indicator has increased compared with the previous forecast.

Distribution of Surplus and Revision to Year-end Dividend

We resolved to set the interim dividend at 35 yen per share and the year-end dividend forecast at 35 yen per share, resulting in an annual dividend of 70 yen. The interim dividend is increased by 5 yen from the previous forecast of 30 yen, and the year-end dividend is also increased by 5 yen from the previous forecast of 30 yen. The record date is September 30, 2026, and the effective date is December 4, 2026. The dividend source is retained earnings.