Supplementary Materials to the Financial Summary for the Second Quarter of the Fiscal Year Ending March 2027

Summary of Results

In the first half, three of the four core businesses—Food, Marine, and Materials—achieved year-on-year increases in both revenue and profit. Machinery experienced declines in revenue and profit due to domestic demand delays and prolonged timing of large projects; nonetheless, overall performance remains steadily on track relative to the full-year plan. The Food segment expanded sales through NB products and new product launches, Marine performed well driven by aquaculture materials, and Materials benefited from steady sales of printing films and similar products. Although higher raw material costs and inflationary pressures persist, the company aims for double-digit profit growth at the consolidated level.

Outlook and Shareholder Returns

The full-year outlook remains unchanged. The company expects profit accumulation from NB products in the Food segment and the restart of the meal plant. As a capital policy, the company plans an annual dividend of 100 yen for the fiscal year ending March 2027 (50 yen interim, 50 yen year-end). The medium-term management plan targets a payout ratio of 35% or higher and envisions a DOE of 4.0% or more.