Tsubakimoto Chain Co.TSE: 6371

Notice regarding the revision of the business results forecasts

· Issued by Tsubakimoto Chain Co.

February 7, 2025

Company:

Tsubakimoto Chain Co.

Representative:

Takatoshi Kimura, President and Representative Director

(Code No.: 6371, Prime Market of the TSE)

Inquiries:

Yasuhiro Akesaka, Senior Executive Officer,

Manager, Corporate Planning Department

TEL +81 (6) 6441-0054

Notice regarding the revision of the business results forecasts

In light of the recent earnings trend, the Company has revised the business results forecasts announced on October 31, 2024 as follows.

1. Revised full-term consolidated results forecast for the fiscal year ending March 31, 2025 (April 1, 2024 - March 31, 2025)

Net sales

Operating income

Ordinary income

Net income

Net income

per share (Note)

Previously released forecast (A)

Millions of yen

Millions of yen

Millions of yen

Millions of yen

Yen

(Released October 31, 2024)

274,000

20,000

22,000

20,000

192.25

Revised forecast (B)

278,000

22,200

24,000

21,000

201.86

Increase/(Decrease) (B-A)

4000

2200

2000

1000

―

Percentage increase/(decrease) (%)

1.5

11.0

9.1

5.0

―

Reference: Previous period results

266,812

21,262

23,450

18,551

511.65

(Fiscal year ended March 31, 2024)

(Note) Effective October 1, 2024, the Company split its common shares at a ratio of 1 to 3. Net income per share in the full-term consolidated results forecast for the fiscal year ending March 31, 2025 reflects the effect of the stock split. The net income per share forecast for the fiscal year ending March 31, 2025, not reflecting the stock split, will now be 605.58 yen (the previous forecast was 576.75 yen).

2. Reason for the revision

Due to the weaker-than-expected yen exchange rate and increased sales volume in the Mobility Business due to mass production of newly acquired projects, net sales, operating income, ordinary income, and net income attributable to owners of the parent are expected to exceed the previous forecasts, and the full-year consolidated earnings forecasts have been revised as shown above.

  • The above business results forecasts are based on the Company's assessment of information available as of the date of this announcement. Actual results may differ from forecast figures for various reasons.