July 29, 2022

To the press and whom it may concern,

Company name: CMIC HOLDINGS Co., Ltd.

Representative: Kazuo Nakamura, Representative Director and CEO TSE Prime Code No. 2309

Inquiries: Wataru Mochizuki, Corporate Director and CFO Phone: +81-3-6779-8000

Notice Concerning Recording of Non-operating Income

(Foreign Exchange Gains)

CMIC HOLDINGS Co., Ltd. (the "Company") hereby announces the non-operating income (foreign exchange gains) as follows in the 3rd quarter of the fiscal year ending September 30, 2022 (October 1, 2021 to June 30, 2022).

Notes

1Non-operating income (foreign exchange gains)

During the 3rd quarter of the current fiscal year (October 1, 2021 to June 30, 2022), foreign exchange gains of 1,222 million yen were recorded as non-operating income due to fluctuations in foreign exchange rates.

This was mainly due to the revaluation of foreign currency denominated assets held by the Group at the exchange rate prevailing at the end of the period.

2Impact on business performance

The impact of the above non-operating income on the results of operations is reflected in the "Consolidated Financial Results For the 3rd Quarter Ended June 30, 2022" released today.

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CMIC Holdings Co. Ltd. published this content on 29 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2022 06:54:05 UTC.