Notice Regarding Revision of Full-Year Consolidated Earnings Guidance and Dividend Forecast

Details of Earnings Guidance Revision

The full-year consolidated earnings guidance for the fiscal year ending March 2026 has been revised. Net sales are lowered by 5.3% from the previous forecast of 103,500 million yen to 98,000 million yen; operating income is revised downward by 25.0% from 2,800 million yen to 2,100 million yen; ordinary income is revised downward by 16.9% from 3,250 million yen to 2,700 million yen. On the other hand, net income attributable to owners of parent is expected to increase by 2.6% from 3,850 million yen to 3,950 million yen. Net income per share is revised upward to 140.78 yen from the previous forecast.

Reasons for Revision and Dividend Forecast

The primary cause of the net sales decline is reduced volume in catalogs and information magazines due to strengthened order management focusing on profitability in the information systems business. The downward revision of operating and ordinary income is attributable to delays in progress of events and merchandise sales in the original content business, as well as decreased volume of transportation IC cards. Net income attributable to owners of parent remains on target due to increased gains on stock sales. The dividend is planned to increase the year-end dividend to 40 yen, targeting a dividend on equity (DOE) ratio of 3.5%, resulting in an annual dividend forecast of 78 yen.