News Release: Asante, Inc.

(6073 TSE1)

May 14, 2021

To whom it may concern

Company nameAsante, Inc.

(Code: 6073)

RepresentativeSei Miyauchi,

Chief Executive Officer

ContactYoshiyuki Nakao,

Director, General Manager,

Corporate Planning Department

(TEL: +81-3-3226-5511)

[Updated] Partial Revision of "Financial Results for FY ended March 2021

- Supplementary material"

Asante, Inc. announces that there was partial revision to the "Financial Results for FY ended March 2021- Supplementary material" announced on May 7, 2021. The details of the revision is as outlined below.

  1. Part of the Revision
    Page 6: Factors for Changes in Operating Income
    Material costs, labor costs, and other cost of sales results for the FY3/21 and YoY comparisons
  2. Details of the Revision

The revised part is underlined.

(Before revision)

(After revision)

The revised document is attached as an appendix.

Financial Results for FY Ended March 2021

    • Supplementary material
  • Contents >

Results for Profit and Loss (YoY) *

Results for Profit and Loss (Ratio of Forecasts)

Net Sales by Service (YoY) *

Number of Staffs, Sales per Staff (YoY) *

Factors for Changes in Operating Income (YoY) *

FY3/22 Forecasts of Profit and Loss

May 7, 2021

  1. 2 P 3 P 4 P 5 P 6 P 7
  • We adopted consolidated accounting from the second quarter of the fiscal year ended March 2021. Comparisons with the same period of the previous year (non-consolidated) are provided as a reference.

Asante Incorporated

  • TSE First Section Securities Code 6073

Notes on Future Forecasts This document is only to provide information to investors, and is not for the purpose of soliciting purchases or sales. References to future forecasts in this document are based on goals and predictions, and are not certain or guaranteed. When using this document, please be aware that the future results of the Company may differ from the current forecasts made by the Company. Also, for references to the industry, etc., data thought to be trustworthy is used, but the Company provides no guarantees as to its accuracy or completeness. No matter what purpose investors use this document for, it is provided with the understanding that they will use it based on their own judgment and responsibility, and the Company shall bear no responsibility for its use.

Asante Inc.

Results for Profit and Loss (YoY)

Net sales

13,872 million yen

Operating income

1,602 million yen

(Non-Consolidated)

(Consolidated)

YoY

FY3/20

FY3/21

(Unit: Million yen)

Results

Results

Change

Change in

Ratio

Net Sales

14,432

13,872

-560

-3.9%

Gross Profit

10,322

9,709

-613

-5.9%

Gross profit ratio

71.5

70.0

-1.5pt

Operating Income

2,239

1,602

-636

-28.4%

11.6

Operating income ratio

15.5

-4.0pt

Ordinary Income

2,380

1,703

-677

-28.4%

Ordinary income ratio

16.5

12.3

-4.2pt

Net income attributable

1,580

1,063

-517

-32.7%

to owners of parent

Net income ratio

11.0

7.7

-3.3pt

EPS (yen)

128.06

89.52

-38.54

-30.1%

- 2 -

Asante Inc.

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Disclaimer

Asante Incorporated published this content on 14 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 May 2021 15:40:14 UTC.