Notice Concerning Revision of Financial Forecast and Dividend Payment (an Increased Dividend)

Translation

Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

November 4, 2021

FUJIMI INCORPORATED

Representative: Keishi Seki, President & CEO

Listings: Tokyo and Nagoya Stock Exchanges

(Stock code: 5384)

Contact: Toshihiro Kawashima

Deputy Senior General Manager, Finance Division.

Phone: [phone]

Notice Concerning Revision of Financial Forecast

and Dividend Payment (an Increased Dividend)

FUJIMI INCORPORATED hereby announces a revision of the financial forecast and a dividend payment from the retained earnings for the date of record on September 30, 2021 as set forth below.

Financial Forecast for Fiscal Year 2022 (April 2021 - March 2022)

Millions of JPY	Revised	Previous	Increase or	Change	Reference
Forecast	Forecast	Decrease	Ratio	FY2021 Actual
Net Sales	50,000	47,000	+3,000	+6.4%	41,956
Operating Profit	11,500	10,200	+1,300	+12.7%	7,639
Ordinary Profit	11,750	10,350	+1,400	+13.5%	7,709
Profit attributable to	8,800	7,400	+1,400	+18.9%	5,607
owners of parent
Earnings Per Share : JPY	355.97	299.34	+56.63	+18.9%	226.85

Explanation

Net sales and profits for the first six months ended September 30, 2021 exceeded the earlier forecast primarily due to firm demand for the advanced semiconductor devices and silicon wafers. Financial forecast for the fiscal year ending March 31, 2022 is revised reflecting the recent trends of business performance as well as raw material prices.

Dividend Forecast for Fiscal Year 2022 (April 2021 - March 2022).

JPY	Revised Forecast	FY2022	Previous Forecast	Reference
	Actual		FY2021 Actual
Second Quarter	-	85.00	80.00	50.00
Fourth Quarter	85.00	-	65.00	65.00
Full Year	170.00	-	145.00	115.00

Explanation

Dividend forecast is revised due to the above revision of financial forecast.

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The financial forecast and other forward-looking statements are based on information available to the management at the present time and on certain assumptions judged by the management to be reasonable. Due to various factors, actual performance and financial results in future periods may differ materially from the forecast.

Interim Cash Dividend for Fiscal Year 2022 (April 2021 - March 2022).

		Previous Forecast	Results of
	Resolved	(Announced on	the Previous Fiscal Year
		August 3, 2021)	(FY2021)
Base Date	September 30, 2021	September 30, 2021	September 30, 2020
Dividend per Share	85 Yen	80 Yen	50 Yen
Total Amount of Dividend	2,127 Millions of Yen	-	1,251 Millions of Yen
Effective Date	December 3, 2021	-	December 4, 2020
Source of Dividend	Related Earnings	-	Related Earnings
			- End -

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