Takashima : Notice Concerning Revision to Full Year Financial Result Forecasts and to Dividend Forecasts for the Fiscal Year Ended March 31, 2023

Note: This 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.

	May 10, 2023
To whom it may concern,
Company name:	Takashima & Co., Ltd.
Name of representative: Koichi Takashima, President and
	Representative Director
	(Securities code: 8007; Prime Market)
Inquiries:	Investor Relations & Public Relations
	Unit
	(Telephone: [phone])

Notice Concerning Revision to Full Year Financial Result Forecasts and to Dividend Forecasts for the

Fiscal Year Ended March 31, 2023

Takashima & Co., Ltd (the "Company") hereby announce that have decided to revise our full-year consolidated earnings forecast and dividend forecast for the fiscal year ended March 31, 2023, which were disclosed on May 11, 2022.

1. Revision of the forecast for the fiscal year ended March 31, 2023

Forecasts of consolidated financial results for the fiscal year ended March 31, 2023 (April 1, 2022, to March 31, 2023)

			Consolidated	Consolidated	Consolidated	Profit	Consolidated
			attributable to	earnings per
			net sales	operating profit	ordinary profit
			owners of parent	share
Previously announced		Millions of yen	Millions of yen	Millions of yen	Millions of yen	Yen
forecasts（A）			82,000	1,800	1,900	1,400	311.17
Revised forecasts（B）		79,683	1,764	1,939	1,585	354.91
Change（B-A）			(2,317)	(36)	39	185
Change（％）			(2.8)	(2.0)	2.1	13.2
(Reference)Actual
consolidated results	for	the	74,054	1,547	1,840	1,296	288.16
previous fiscal year	(Fiscal
year ended March 31, 2022)

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Reason for revision

Regarding the forecast of consolidated financial results for the fiscal year ended March 31, 2023, net profit attributable to owners of the parent company is expected to exceed the previous forecast due to a gain on sales of investment securities and a gain on negative goodwill.

2. Revision of dividend forecast Dividend forecast

		Annual dividends
	Second quarter-end	Fiscal-year end		Total
Previous forecast	70 yen	70	yen	140 yen
Revised forecasts	－	100	yen	170 yen
Actual results for the	70 yen		－	－
current fiscal year
（Reference）	0 yen	130	yen	130 yen
Actual result for the
previous fiscal year
(Fiscal year ended
March 31, 2022)

Reason for division

We consider that our current financial base is in a sound condition, and we intend to execute investments for sustainable profit growth while also utilizing external funds, as well as to improve shareholder returns, and will pay dividends with a consolidated payout ratio of 40% or more.

The year-end dividend forecast for the fiscal year ended March 31, 2023, has been revised to 100 yen per share with consideration of the above earnings forecast and dividend policy.

Note: The statements in this document regarding business forecasts are based on information currently available to the Company and certain assumptions that are judged to be reasonable and are not intended as a promise by the Company that they will be achieved. Actual results may differ from these statements due to various factors.

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