Notice Regarding Revisions to Consolidated Earnings Forecast for the Second Quarter (Interim) of the Fiscal Year Ending March 2027 and the Full Year

Overview of Results

We have revised upward the consolidated earnings forecast for the second quarter (interim) of the fiscal year ending March 2027. Net sales are expected to be 290,000 million yen, operating income 7,000 million yen, ordinary income 7,100 million yen, net income attributable to owners of parent for the interim period 4,600 million yen, and basic earnings per share 52.45 yen. Compared with the previous year and the previous forecast, this represents a substantial upward revision, attributed to higher-than-expected demand in semiconductors, AI, and data centers. The full-year forecast has also been revised to net sales of 585,000 million yen, operating income of 15,000 million yen, ordinary income of 15,400 million yen, net income attributable to owners of parent 10,000 million yen, and basic earnings per share 115.92 yen. There is no change to the dividend forecast.

Outlook and Risks

Since market trends from the third quarter onward and external conditions require careful assessment, the full-year net sales forecast remains under review through the second quarter. The revisions reflect improvements in gross margin, considering corporate net financial costs in response to interest rate trends and working capital increases. Depending on future developments, additional revisions will be promptly announced.