Tokuyama : Notice concerning Revision of Performance Forecast for Fiscal 2023

Oct 27, 2023

Company Name: Tokuyama Corporation

Representative Name: Hiroshi Yokota,

Representative Director, President and Executive Officer

(Code No. 4043, Prime Market, TSE)

Contact: Tetsuya Nakano, General Manager

Corporate Communications & Investor Relations Dept.

TEL: [phone]

Notice concerning Revision of Performance Forecast for Fiscal 2023

Tokuyama Corporation (hereinafter referred to as "the Company or we") has revised the performance forecast for fiscal 2023 (April 1, 2023 to March 31, 2024), announced on April 28, 2023, as described below.

1. Revision of Performance Forecast for Fiscal 2023 (April 1, 2023 to March 31, 2024)

(1) Revision of Performance Forecast for Fiscal 2023

									(Unit: Millions of	yen)
												Profit			Basic
			Net sales			Operating			Ordinary			attributable			earnings
					profit			profit			to owners			per share
												of parent			(yen)
	Previous forecast : (A)	380,000		30,000		30,000		22,000			305.77
	(April 28, 2023)
	Newly revised forecast : (B)	355,000		30,000		30,000		22,000			305.76
	Change: (B)－(A)	(25,000)		0		0		0			(0.01)
	Rate of change (%)	(6.6)		0.0		0.0		0.0			(0.0)
	[Reference]	351,790		14,336		14,783		9,364			130.15
	Fiscal 2022

(2) Reasons for the revision

The performance forecast for the full fiscal year ending March 31, 2024 has been revised as above from the previous performance forecast released on April 28, 2023. This is because,

while manufacturing costs are expected to decrease due to lower raw material and fuel prices than initially anticipated, sales volumes of semiconductor-related products are expected to decrease.

(Note) The performance forecast and other forward-looking statements contained in this material have been prepared on the basis of information available at this point and certain assumptions which are judged to be rational, and may be substantially different from the actual performance because of various factors that may arise from now on.

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