Sanwa Holdings Corporation revised earnings guidance for the first half of the fiscal year ended September 30, 2024. For the first half, the company expects net sales of JPY 313,000 million, operating profit of JPY 32,000 million, profit attributable to owners of parent of JPY 23,500 million and Earnings per share of JPY 107.65 as compared to net sales of JPY 293,000 million, operating profit of JPY 26,500 million, profit attributable to owners of parent of JPY 18,000 million and Earnings per share of JPY 82.24 previous forecast. Reasons for these revisions: For the first half of the fiscal year ending March 31, 2025, they expect to exceed the published forecast due to the impact of exchange rate fluctuations as well as solid performance of the businesses in the North America and Japan.

The Company is currently checking its full-year forecast for the fiscal year ending March 31, 2025, and will announce it immediately if a revision to the forecast becomes necessary.