Japan System Techniques : 【Delayed】Notice of Revision to Earnings Forecast

News Release Dated April 28, 2022

Company: Japan System Techniques Co., Ltd.

Representative: Takeaki Hirabayashi, President and CEO

Stock code: 4323, Tokyo Stock Exchange, Prime Market

Contact: Toshinori Hamada, General Manager of

Planning & Administration Division

Tel: [phone]

Notice of Revision to Earnings Forecast

Japan System Techniques Co., Ltd. (JAST) has revised its earnings forecast for the fiscal year ended March 31, 2022 (April 1, 2021 to March 31, 2022) that was announced on January 26, 2022.

1. Revision to the consolidated earnings forecast for the fiscal year ended March 31, 2022 (April 1, 2021 - March 31, 2022)

	Net sales	Operating	Ordinary	Profit attributable	Net income
	profit	profit	to owners of parent	per share
	Million yen	Million yen	Million yen	Million yen	Yen
Previous forecast (A)	21,000	1,700	1,730	1,050	177.28
Revised forecast (B)	21,350	1,980	2,030	1,300	219.49
Change (B - A)	350	280	300	250	-
Percentage change (%)	1.7	16.5	17.3	23.8	-
(Reference)
Previous fiscal year's results	18,789	1,216	1,310	578	107.95
(Fiscal year ended March 31, 2021)

2. Main reasons for revision

Since the release of the fiscal-year consolidated earnings forecast on January 26, 2022, sales and earnings at all levels have increased more than initially expected due to the introduction of some orders ahead of schedule and the associated improvement in profitability in the GAKUEN, medical big data and BankNeo businesses using JAST's own brands and the core software business.

Note: Forecasts are based on assumption judged to be valid and information available to JAST's management at the time this release was prepared. Actual results may differ from these forecasts.