Recording of Corporate Tax Adjustments (Gain) and Notice of Differences Between Consolidated Earnings Forecast and Results for the Second Quarter of the Fiscal Year Ending March 2027 (Interim) and Revision of Full-Year Consolidated Earnings Forecast

Key Points of Performance

For the second quarter of the fiscal year ending March 2027 (interim), a corporate tax adjustment (gain) of 379 million yen was recorded. Net sales were 18,348 million yen, operating income 472 million yen, ordinary income 486 million yen, net income attributable to owners of parent for the interim was 685 million yen, and earnings per share (interim) were 71.62 yen, showing strong growth year-over-year. These results contributed to outperforming the previous forecast.

Full-Year Outlook and Factors

The full-year earnings forecast has been revised to net sales of 36,500 million yen, operating income of 1,000 million yen, ordinary income of 1,000 million yen, and net income attributable to owners of parent of 900 million yen (earnings per share 93.93 yen). Continued strength is expected in the furniture and household goods business segment through the first half, and net income is likely to exceed initial forecasts because the effect of corporate tax adjustments is expected to continue into the second half.