To whom it may concern:

January 24, 2012

Company Name

TOHO HOLDINGS CO., LTD.

Corporate representative

Norio Hamada, President and Representative Director

(First Section of Tokyo Stock Exchange Securities Code: 8129)

Contact:

Mamoru Ogino, Corporate Officer and General Manager of

Financial Department

(Tel: 03-4330-3735)

Notice regarding the Revision of the Full-year Earnings Forecasts for the Fiscal Year ending March 2012

TOHO HOLDINGS CO., LTD. hereby announces that, in the light of matters such as the recent trends in the

Company's performance, it has revised its consolidated full-year earnings forecasts, which were announced on May

11, 2011, as follows: