Obara Incorporated : Revision on consolidated forecast for the fiscal year ending 30 September 2021

Revision on consolidated forecast for the fiscal year ending 30 September 2021

YAMATO, Kanagawa, Japan - 30 April 2021 - Obara Group Inc. (TSE Code 6877) today announced the revision on its consolidated forecast for the fiscal year ending 30 September 2021 as follows.

1. Consolidated forecast for the cumulative Q2 (1 Oct. 2020 - 31 Mar. 2021)

	Net sales	Operating	Ordinary	Net income		Net income
	income	income		per share
	Million yen	Million yen	Million yen	Million yen		Yen
Original forecast (A)	21,200	2,550	2,750	1,900	112.05
Revised forecast (B)	20,800	3,450	3,950	2,500	150.51
Difference (B-A)	(400)	900	1,200	600
Ratio (B-A)/A	(1.9)%	35.3%	43.6%	31.6%
Cumulative result of Q2	21,307	3,367	3,845	2,549	141.48
of the previous fiscal year

2. Consolidated forecast for the full fiscal year (1 Oct. 2020 - 30 Sep. 2021)

	Net sales	Operating	Ordinary	Net income		Net income
	income	income		per share
	Million yen	Million yen	Million yen	Million yen		Yen
Original forecast (A)	42,400	5,100	5,500	3,800	224.11
Revised forecast (B)	41,500	6,600	7,100	5,400	325.10
Difference (B-A)	(900)	1,500	1,600	1,600
Ratio (B-A)/A	(2.1)%	29.4%	29.1%	42.1%
Result of the previous	44,230	6,754	7,474	5,103	288.28
fiscal year

3. Reason of the revision

Mostly due to recovering market conditions in Asia, its consolidated forecasts for the cumulative Q2 and for the full fiscal year are both expected to exceed the original forecasts.

Note: The forecast revision above is based on Obara Group's assumptions, judgments and beliefs in light of the information currently available to us. The forecast includes risks and uncertainties. Actual result may differ from the forecast by a variety of factors.

Investor Relations Contact:

Seibi Iidaka

Corporate Planning, Obara Group Inc. [phone]

This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English translation and the Japanese original, the Japanese original shall prevail. Obara Group Inc. assumes no responsibility for accuracy, correctness or contents of this English version.

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