Revises Forecasts for Six Months Ending August 31, 2022, and Fiscal Year Ending February 28, 2023

Name

Treasure Factory Co., Ltd. (Securities Code: 3093)

Fiscal year

March 1 to February 28 (February 29 in leap year)

Revised Forecast for the Six Months Ending August 31, 2022

Profit

Net Sales

Operating

Ordinary

attributable

Net Income

Income

Income

to owners of

per Share

[mn yen]

[mn yen]

[mn yen]

parent

[yen]

[mn yen]

Previous forecast

11,841

247

257

161

14.49

(Apr. 13, 2022)

Revised forecast (B)

12,430

625

650

426

38.33

Net change (B)-(A)

+589

+378

+393

+265

Change (%)

+5.0

+153.0

+152.9

+164.6

Revised Forecast for the Fiscal Year Ending February 28, 2023

Profit

Net Sales

Operating

Ordinary

attributable

Net Income

Income

Income

to owners of

per Share

[mn yen]

[mn yen]

[mn yen]

parent

[yen]

[mn yen]

Previous forecast

25,398

1,098

1,112

742

66.76

(Apr. 13, 2022)

Revised forecast (B)

26,038

1,400

1,430

886

79.72

Net change (B)-(A)

+640

+302

+318

+144

Change (%)

+2.5

+27.5

+28.6

+19.4

Reasons for revision

In the three months ended May 31, 2022, consolidated sales was

118.8% year on year and net gross margin improved by 1.2 points,

leading operating income, ordinary income and profit attributable to

owners of parent to largely surpass the plan. With this, it is assumed

that the forecasts for operating income, ordinary income and profit

attributable to owners of parents for the six months ending August 31,

2022, will surpass the previous forecast.

In the latter half of the fiscal year ending February 28, 2023, increase

in selling, general and administrative expenses of about 100 million

yen is newly expected. However, as a result of reflecting the forecasts

for the three months ending May 31, 2022, the respective figures are

assumed to surpass the previous forecast.

Inquiries

Mr. Eiji Kobayashi

Phone: +81-3-3880-8822

URL: www.treasurefactory.co.jp/en/