Notice of Revision to Earnings Guidance

Overview of Revision to Earnings Guidance

Nippon Sharyo, Ltd. has revised upward its consolidated and standalone earnings guidance for the fiscal year ending March 2027. The main reasons are steady sales trends across businesses, the absence of any current impact from geopolitical developments in the Middle East on manufacturing operations, improvement in overall profit margins due to changes in product mix, and contributions from initiatives to improve quality, reduce costs, and enhance operational efficiency. Under the new guidance, net sales are 113,000 hundred million yen, operating income 12,700 hundred million yen, ordinary income 13,400 hundred million yen, net income attributable to owners of parent 9,600 hundred million yen, and net income per share is 665.32 yen.

Outlook and Impact on Investors

Future performance could see additional upside depending on demand trends and continued improvements in cost management. The revision to the full-year guidance reflects realized improvements from sustained efforts in quality enhancement and efficiency, with faster shipment response and optimization of product mix expected to support maintenance and improvement of profit margins. For investors, downside risk is limited, and continued observation of sales growth and profit margin sustainability will be important.