Topre : Notice Regarding Recording of Non-Operating Income (Foreign Exchange Gains)

February 14, 2025

To whom it may concern,

Company name: Topre Corporation

Representative: Yutaka Yamamoto, Representative Director,

President, Executive Officer

(Securities code: 5975, Prime Market of the Tokyo Stock Exchange)

Inquiry: Takayuki Noda, Executive Officer, General Manager

of General Affairs Dept.

(TEL 03‐3271‐0711)

Notice Regarding Recording of Non-Operating Income (Foreign Exchange Gains)

We inform you that we have recorded non-operating income (foreign exchange gains) in the third quarter of the consolidated fiscal year ending March 31, 2025 (October 1, 2024 to December 31, 2024).

Details

1. Details of Non-Operating Income (Foreign Exchange Gains)

Due to recent fluctuations in exchange rates, we recorded foreign exchange gains of ¥8,871 million in the third quarter of the consolidated fiscal year ending March 31, 2025 (October 1, 2024 to December 31, 2024). This is mainly due to the impact of the revaluation of foreign currency- denominated receivables.

In the second quarter cumulative period of the fiscal year ending March 31, 2025 (April 1, 2024 to September 30, 2024), we recorded foreign exchange losses of ¥5,953 million. As a result, the foreign exchange gains for the third quarter cumulative period of the fiscal year ending March 31, 2025 were ¥2,918 million.

2. Impact on Performance

The above non-operating income (foreign exchange gains) are reflected in the "Flash Report of Financial Results for the Third Quarter of the Year Ending March 31, 2025 (Japan Standards) (Consolidated)" announced today. Since this amount is subject to fluctuations due to future exchange rate conditions, we have not incorporated it into the full-year earnings forecast at this time. If it becomes necessary to revise our earnings forecast due to foreign exchange gains or losses in the future, we will promptly inform you.

End