Casio Computer Co.,Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company now expects net sales of JPY 275,000 million, operating profit of JPY 24,000 million, profit attributable to owners of parent of JPY 17,500 million and basic earnings per share of JPY 73.12. The forecast for net sales has been upwardly revised from Ñ270.0 billion to Ñ275.0 billion, reflecting the downward revision of the sales plan for the Timepiece and System Equipment segments, the upward revision of the sales plan for the Consumer segment, and the impact of exchange rates.

The forecast for operating profit has been downwardly revised from Ñ27.0 billion to Ñ24.0 billion due to the decline in sales associated with the revision of sales plans, despite the anticipated offset of the effects of company-wide structural reform, improvements in cost efficiency, and measures to optimize selling prices.