T Gaia : 【Updated】 Notice Regarding Partial Correction of Consolidated Financial Results for the Third Quarter of Fiscal Year Ending March 31, 2024

	March 8, 2024
Company name:	T-Gaia Corporation
Representative:	Masato Ishida, President and Representative Director
Listing:	Tokyo Stock Exchange
Stock code:	3738
Contact:	Kaoru Hayashi, Senior Executive Officer & General Manager of Corporate Planning & Strategy Dept.
	Tel: [phone]

(Updated) Notice Regarding Partial Correction of "Consolidated Financial Results for

the Third Quarter of Fiscal Year Ending March 31, 2024(Based on J-GAAP)"

1.Reason for correction

This is to revise the" Consolidated Financial Results for the Third Quarter of Fiscal Year Ending March 31, 2024(Based on J-GAAP) " submitted on February 2, 2024, as it was discovered after submission that some of the information contained in the report was incorrect.

2.Details of Corrections (Corrections are underlined.)

Summary - "3. Consolidated Forecasts for the Fiscal Year Ending March 31, 2024 (April 1, 2023 - March 31, 2024) "

【Before updated】

(Percentages represent year-over-year changes)

	Net sales		Operating profit	Ordinary profit		Profit attributable to	Earnings per
			owners of parent	share
	Million yen		%	Million yen	%	Million yen		%	Million yen	%	Yen
Full year	459,500		1.3	8,200	17.2	12,400		6.5	6,600	(26.9)	118.25
【After updated】
									(Percentages represent year-over-year changes)
	Net sales		Operating profit	Ordinary profit		Profit attributable to	Earnings per
			owners of parent	share
	Million yen		%	Million yen	%	Million yen		%	Million yen	%	Yen
Full year	459,500		1.3	8,200	17.2	12,400		6.5	6,600	(16.9)	118.25

1

(Percentages represent year-over-yearchanges)

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

Consolidated Financial Results for the Third Quarter of Fiscal Year Ending March 31, 2024

(Nine Months Ended December 31, 2023) (Based on J-GAAP)

			February 2, 2024
Company name:	T-Gaia Corporation	Listing: Tokyo Stock Exchange
Stock code:	3738	URL:	https://www.t-gaia.co.jp/english/ir/
Representative:	Masato Ishida, President and Representative Director
Contact:	Kaoru Hayashi, Senior Executive Officer & General Manager of Corporate Planning & Strategy Dept.
	Tel: [phone]

Scheduled date of filing Quarterly Securities Report: February 5, 2024

Scheduled commencement date of dividend payout: -

Quarterly financial results supplementary explanatory documents: Yes

Quarterly financial results presentation: None

(All amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results for the Third Quarter of Fiscal Year Ending March 31, 2024 (April 1, 2023 -

December 31, 2023)

(1) Consolidated results of operations (nine months)

	Net sales		Operating profit		Ordinary profit		Profit attributable to
				owners of parent
	Million yen			%	Million yen	%		Million yen		%		Million yen	%
3Q FY 2024	328,984			0.2	5,052	8.4	8,014		1.6		3,810	(30.6)
3Q FY 2023	328,308			(3.4)	4,659	(35.3)	7,890		(27.5)		5,493	(28.2)
Note: Comprehensive income (million yen):	3Q FY 2024: 3,498 / [(39.0)%] 3Q FY 2023: 5,732 / [(24.8)%]
	Earnings per		Diluted earnings
	share		per share
		Yen			Yen
3Q FY 2024	68.28			-
3Q FY 2023	98.48			-
(2) Consolidated financial position
	Total assets		Net assets		Equity ratio
		Million yen			Million yen				%
3Q FY 2024	243,239			74,219				30.5
FY 2023	246,068			74,887				30.2
Reference: Shareholders' equity (million yen):	3Q FY 2024: 74,154	FY 2023: 74,385

2. Dividends

			Annual dividends
	1Q-end	Interim	3Q-end		Year-end	Annual
	Yen	Yen	Yen		Yen	Yen
FY 2023	-	37.50	-		37.50	75.00
FY 2024	-	37.50	-
FY 2024					37.50	75.00
(forecasts)
Note: Revisions to the dividend forecast most recently announced: None

3. Consolidated Forecasts for the Fiscal Year Ending March 31, 2024 (April 1, 2023 - March 31, 2024)

(Percentages represent year-over-year changes)

	Net sales		Operating profit	Ordinary profit		Profit attributable to	Earnings per
			owners of parent	share
	Million yen		%	Million yen	%	Million yen		%	Million yen	%	Yen
Full year	459,500		1.3	8,200	17.2	12,400		6.5	6,600	(16.9)	118.25

Note: Revisions to the financial forecast most recently announced: Yes

Notes

1. Changes in significant subsidiaries during the period (nine months) under review (Changes in subsidiaries accompanying change in the scope of consolidation): Yes

Newly included:

1 company (T-Gaia Asia Pacific Pte. Ltd.)

1. Application of accounting procedures specific to creation of quarterly consolidated financial statements: None
2. Changes in accounting principles, estimates and restatements
3. 1. Changes in accounting principles caused by revision of accounting standards, etc.: None
   2. Changes in accounting principles other than those mentioned above: None
   3. Changes in accounting estimates: None
   4. Restatement: None
4. Number of shares issued and outstanding (common shares)

1. Number of issued shares (including treasury shares) at the end of the period
2. Number of treasury shares at the end of the period
3. Average number of shares outstanding during the period (nine months)

3Q FY 2024	56,074,000 shares	FY 2023	56,074,000 shares
3Q FY 2024	253,709 shares	FY 2023	282,309 shares
3Q FY 2024	55,808,747 shares	3Q FY 2023	55,780,994 shares

• Quarterly financial results reports are exempt from quarterly reviews conducted by certified public accountants or an audit corporation.
• Cautionary statement with respect to forward-looking statements

(Disclaimer on forward-looking statements, etc.)

These materials contain forward-looking information including earnings projections based on information currently available to the Company and certain assumptions considered reasonable in the judgment of the Company. Nothing contained in these materials is meant to suggest that the Company promises to attain the said projections. Moreover, due to various factors, actual results may materially differ from projections.

(Concerning quarterly financial results supplementary explanatory documents)

Financial results supplementary explanatory documents will be posted on the Company's website in Japanese on February 2, 2024 (Friday).