SG : Notice of Revisions to Earnings Forecast

July 1, 2022

NEWS RELEASE

Company name: SG Holdings Co., Ltd

Representative: Eiichi Kuriwada, Chairperson, CEO and President (Code number: 9143 TSE Prime Market)

Inquiries: Katsuhiro Kawanago, Director (Corporate Planning)

（TEL [phone]）

Notice of Revisions to Earnings Forecast

SG Holdings Co., Ltd. (the "Company") hereby announces that, based on the "Notice Regarding Execution of Sale of a Portion of Shares in Hitachi Transport System, Ltd." disclosed on July 1,2022, the Company has revised the earnings forecast for the fiscal year ending March 31, 2023 disclosed on April 28, 2022, as detailed below.

Revisions to the consolidated earnings forecast for the fiscal year ending March 31, 2023

1. Details of the revisions
2. 1. Revisions to the consolidated earnings forecast for the six months ending September 30, 2022 (April 1, 2022 to September 30, 2022)

												Net income			Basic net
			Operating			Operating			Ordinary			attributable to
											income
			revenue			income			income			owners of the
											per share
												parent
			Millions of yen		Millions of yen		Millions of yen		Millions of yen		Yen
	Previous forecast (A)	810,000	61,000	61,000	41,000	64.54
	Revised forecast (B)	810,000	61,000	61,000	49,000	77.14
	Amount of change (B-A)	-	-	-	8,000
	Percentage change (%)	-	-	-	19.5
	Reference:
	Consolidated results for	726,054	58,856	58,832	39,825	62.69
	the first six months ended
	September 30, 2021

1. Revisions to the consolidated earnings forecast for the fiscal year ending March 31, 2023 (April 1, 2022 to March 31, 2023)

											Net income			Basic net
		Operating			Operating			Ordinary			attributable to
										income
		revenue			income			income			owners of the
										per share
											parent
		Millions of yen		Millions of yen		Millions of yen		Millions of yen		Yen
Previous forecast (A)	1,650,000	142,000	143,000	96,000	151.12
Revised forecast (B)	1,650,000	142,000	143,000	104,000	163.72
Amount of change (B-A)	-	-	-	8,000
Percentage change (%)	-	-	-	8.3
Reference:
Results for the fiscal year	1,588,375	155,713	160,289	106,733	168.02
ended March 31, 2022

(2) Reasons for the revisions

The changes were due to the sales of a portion of shares in Hitachi Transport System Ltd, on July 1, 2022. Other assumptions in the forecast remain unchanged from those announced on April 28, 2022.

• The earnings forecasts contained in this document are calculated based on information available at the time of the publication of the document, and actual results may differ from these figures.