Nippon Coke & Engineering Co., Ltd.TSE: 3315

Notice Concerning Revisions to Full-Year Consolidated Financial Results Forecasts and Dividend Forecasts for the Fiscal Year Endging March31, 2025

· Issued by Nippon Coke & Engineering Co., Ltd.

DISCLAIMER: This English document has been translated from the Japanese original for reference purposes only.

In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

February 28, 2025

Company Name:

Nippon Coke & Engineering Co., Ltd

Representative:

MATSUOKA Hiroaki, Representative

Director and President

(Securities code: 3315, TSE Prime Market)

Inquiries:

OKUZONO Takayuki, General Manager,

Personnel and General Affairs Department

(TEL: +81-3-5560-1311)

Notice Concerning Revisions to Full-Year Consolidated Financial Forecasts and Dividend Forecasts for the Fiscal Year Ending March 31, 2025

(April 1, 2024 through March 31, 2025)

Nippon Coke & Engineering Co., Ltd. (the "Company") hereby announces, in light of the most recent operating trends, to revise the financial result forecasts for the fiscal year ending March 31, 2025 (April 1, 2024 through March 31, 2025), disclosed on February 7, 2025, and the dividend forecast, which had not been decided at that time, as follows.

1. Revisions to Full-Year Consolidated Financial Forecasts for the Fiscal Year Ending March 31, 2025 Details of revision

Consolidated net

Consolidated

Consolidated

Profit (loss)

Consolidated

operating profit

ordinary profit

attributable to

sales

earnings per share

(loss)

(loss)

owners of parent

Millions of Yen

Millions of Yen

Millions of Yen

Millions of Yen

Yen

Previously announced

―

―

―

―

―

forecasts (A)

Revised forecasts (B)

99,600

(10,020)

(11,200)

(14,300)

(49.14)

Change (B-A)

―

―

―

―

Change (%)

―

―

―

―

(Reference) Actual

consolidated results for

the previous fiscal year

135,152

4,390

3,640

1,898

6.52

(Fiscal year ended March

31, 2024)

Reason for revision

The Company disclosed in its February 7, 2025 press release titled "Notice Concerning Revisions to Full-Year Financial Forecasts" that it had withdrawn the consolidated financial results forecast disclosed on November 8, 2024, due to the difficulty of making reasonable calculation of the forecast at that time.

The Company is now disclosing the forecast since it became possible to make a reasonable calculation.

1

2. Revisions to Dividend Forecasts for the Fiscal Year Ending March 31, 2025 (April 1, 2024 through March 31, 2025)

Details of revision

(Yen)

Annual dividends

First quarter-end

Second quarter-end

Third quarter-end

Fiscal-year end

Total

Yen

Yen

Yen

Yen

Yen

Previous forecasts

―

―

―

―

―

Revised forecasts

―

―

―

0.00

0.00

Actual results for the current

―

0.00

―

fiscal year

Actual results for the

previous fiscal year (Fiscal

―

0.00

―

3.00

3.00

year ended March 31, 2024)

Reason for revision

The Company recognizes that it is an important issue to pay continuous and stable dividends over the long term, taking into account the Company's overall performance and financial condition.

However, in light of the reduction in shareholders' equity associated with the current financial results forecast and other factors, the Company has decided not to pay a dividend for the current fiscal year.

2