June 10, 2022

(For Translation Purposes Only)

Raccoon Holdings, Inc.

1-14-14Nihonbashi-Kakigaracho,Chuo-ku Tokyo President: Isao Ogata, Representative Director (Code: 3031, Tokyo Stock Exchange Prime Market) Contact: Satoshi Konno

Executive Vice President and Director (Tel: +81-3-5652-1711)

(Correction) Partial Correction to

"Notice Concerning Formulation of Mid-term Management Plan

(Fiscal Year Ending April 30, 2023 to Fiscal Year Ending April 30, 2025)"

Raccoon Holdings, Inc. ("Raccoon") hereby announces the partial correction to "Notice Concerning Formulation of Mid-term Management Plan (Fiscal Year Ending April 30, 2023 to Fiscal Year Ending April 30, 2025)" disclosed on June 10, 2022, as follows.

Corrections are underlined.

(Before correction)

  • Aim for growth in all businesses, with a target growth rate of +17.8% CAGR
  • Aim to improve operating margin while investing in growth against a backdrop of a high marginal income ratio
  • Conduct assertive shareholder returns with a goal of 27% ROE

(in millions of yen)

Fiscal year ended

Fiscal year ending

April 30, 2025

Growth rate

April 30, 2022 (results)

(planned)

Net sales

4,767

7,800

CAGR

+17.8%

Operating

1,127

2,600

CAGR

income

+32.1%

Operating

23.6%

33.3%

+9.7pt

margin

ROE

7.7% *1

+19.3pt

(13.7% excluding

27.0%

(+13.3pt)

extraordinary losses)

*1 Temporary decline in ROE due to impairment of investment securities and goodwill

(After correction)

  • Aim for growth in all businesses, with operating income growth of +27.0% CAGR due to higher operating margins
  • Aim to improve operating margin while investing in growth against a backdrop of a high marginal income ratio
  • Conduct assertive shareholder returns with a goal of 25%ROE

(in millions of yen)

Fiscal year ended

Fiscal year ending

April 30, 2025

Growth rate

April 30, 2022 (results)

(planned)

Net sales

4,789

7,700

CAGR

+17.0%

Operating

1,126

2,310

CAGR

income

+27.0%

Operating

23.5%

30.0%

+6.5pt

margin

ROE

6.7% *1

+18.3pt

(13.6% excluding

25.0%

(+11.4pt)

extraordinary losses)

*1 Temporary decline in ROE due to impairment of investment securities and goodwill

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RACCOON Co. Ltd. published this content on 13 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2022 06:22:07 UTC.