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Prestige International : Oct 28 Consolidated Results Second Quarter Fiscal Year 2023
Prestige International : Oct 28 Consolidated Results Second Quarter Fiscal Year

About this update from Prestige International Inc.
Financial Results For Q2 of The Fiscal Year Ending March 2023 April 1, 2022 ▶ September 30, 2022 October 28, 2022 Securities Code 4290 Executive Summary Upward Revision of Full-Year Forecast (Record High) Sales 53 billion yen (Previous forecast 52 billion yen) Operating Profit 7.9 billion yen (Previous forecast 7.4 billion yen) ◼ Increased 0.50 yen per share for interim dividend Dividend Annual dividend forecast revised to 10.00 yen per share Acquisition of 2-star "Eruboshi Certification" Acquired 2-star "Eruboshi Certification" by the Minister of Health, Labour and Welfare in recognition of the Company's approaches in accordance with the Law for the Promotion of Women's Advancement. © 2022 PRESTIGE International Inc. All Rights Reserved. 2 ▍ Revision of Financial Forecast for FY2023.3 ▍ Financial Results Summary for Q2 FY2023.3 ▍ Financial Results Summary for Q2 FY2023.3 by Segment ▍ KPI: Shareholder Returns ▍ Appendix ▍ Sustainability © 2022 PRESTIGE International Inc. All Rights Reserved. 3 ▍ Revision of Financial Forecast for FY2023.3 © 2022 PRESTIGE International Inc. All Rights Reserved. 4 Revision of Financial Forecast for FY2023.3 (million yen) Exchange rate against USD (predicted): 143.81 yen (as of September 30, 2022) *Due to rounding down fractions, some values may not equal the sum of the separate figures. FY2023.3 FY2022.3 Difference YoY (%) FY2023.3 Difference Difference Forecast Initilal vs. vs. Actual (revised) Forecast Initial Initial(%) Sales 53,000 46,744 +6,256 +13.4% 52,000 +1,000 +1.9% Operating Profit 7,900 6,842 +1,057 +15.5% 7,400 +500 +6.8% Ordinary Profit 8,150 7,151 +998 +14.0% 7,600 +550 +7.2% Profit Attributable 4,900 4,357 +542 +12.5% 4,500 +400 +8.9% to Owners of Parent In the Customer Business, the initial forecast was premised on the completion of vaccination-related programs contracted by municipalities, etc. by September 2022, however, the period was extended. In addition, demand for new outsourcing business from other clients remains strong and is expected to increase. Profitability is expected to recover thanks to a recovery in the number of service users in the Global Business as a result of the revitalization of economic activity. Solid and continuous performance at the PI Group subsidiary Entrust Inc.(securities code: 7191), managing the Financial Guarantee Business, is exceeding the initial plan. © 2022 PRESTIGE International Inc. All Rights Reserved. 5 This is an excerpt of the original content. To continue reading it, access the original document here .
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