Roland : Presentation File,First Quarter of the FY2023

Financial Results Highlights

FY12/2023 Q1

May 11, 2023

Roland Corporation

TSE Prime : 7944

『GP-6』 Digital Piano

Executive Summary

• There is an impact from the dealer inventory adjustment, but it is already factored-in to our budget.
• • Q1 Results were in line with our expectation
• New products launches generally executed as planned
• Uncertainty in the external environment remains, but full-yearforecasts are maintained

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1. FY12/2023 Q1 Results
2. FY12/2023 Forecast

3 Supplemental Information

1. FY12/2023 Q1 Results
2. FY12/2023 Forecast

3 Supplemental Information

FY12/2023 Q1 Financial Results

Highlights

Sales

22.8bn

(YoY：+9.0%)

Operating Profit

2.0bn

(YoY ：-21.4%)

Net Income1

1.4bn

(YoY ：-26.4%)

• Dealer inventory adjustment continues but overall sell-throughis steady
• Effect of new consolidation of Drum Workshop（DW）
• Volume down YoY due to dealer inventory adjustments, but within our expectations
• Positive effects such as price optimizations and reduction of container costs continue
• No major extraordinary gains or losses

1 Net income refers to "net income attributable to owners of parent"

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