TOMY : Notice Concerning Revisions of Earnings Forecasts

(English Translation of the Japanese Press Release)
	October 28, 2021
To all related parties:
Name of the Company:	TOMY Company, Ltd.
Name of the Representative:	Kazuhiro Kojima
	Representative Director, President & COO
(Code No. 7867; The First Section of the Tokyo Stock Exchange)
Further Inquiries:	Goshiro Ito
	Head of Corporate Administrations
	(TEL: [phone])

Notice Concerning Revisions of Earnings Forecasts

TOMY Company, Ltd. (hereinafter "Tomy") hereby provides notification that it revised its consolidated earnings forecasts for the six months ended September 30, 2021, which were announced on August 12, 2021, as follows.

1. Revisions of consolidated earnings forecasts for the six months ended September 30, 2021 (April 1, 2021 to September 30, 2021)

				Profit attributable	Basic earnings
	Net sales	Operating profit	Ordinary profit	to owners of parent	per share
Previously announced	Millions of yen	Millions of yen	Millions of yen	Millions of yen	Yen
forecast (A)	75,000	4,700	4,500	4,000	42.78
Revised forecast (B)	77,000	5,800	5,800	5,200	55.79
Increase (Decrease) (B-A)	2,000	1,100	1,300	1,200	-
Increase (Decrease)	2.7	23.4	28.9	30.0	-
percentage (%)
(Reference) Actual results for
the six months ended	63,157	1,839	1,622	516	5.48
September 30, 2020

2. Reasons for revisions

On August 12, 2021, Tomy announced the revision of earnings forecasts based on product plans for the six months ended September 30, 2021, given the growth in the shipment of toy products for the three months ended June 30, 2021. Subsequently, the six months ended September 30, 2021, followed the trend during the three months ended June 30, 2021, that the shipment of toy products continued to trend favorably, and the amusement machine "Pokémon Mezastar" and GACHA capsule toys businesses have expanded. Accordingly, net sales are forecast to exceed the previously announced forecasts.

In terms of profits, it is forecast to exceed the previously announced forecast due to higher net sales and a reduction in selling, general and administrative expenses through exercising control on various marketing measures, including promotional sales activities and TV commercials that take into account in-store and consumer trends under the state of emergency.

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The full-year earnings forecasts for the fiscal year ending March 31, 2022, remain unchanged from the previously announced figures due to concerns about the resurgence of COVID-19 and the need to closely examine the rapidly changing market environment due to remaining uncertainties such as trends in the year-end and New Year sales season, which is the largest sales season, although a higher vaccination rate is expected to translate into the future recovery of economic activities. We will promptly disclose the outlook as soon as it becomes clear.

Note concerning forecasts of earnings, etc.

The forecast values that Tomy presents in this material have been determined based on information currently available to Tomy and are subject to a number of uncertainties. Accordingly, actual results may differ from the forecasted values due to the effect of future events.

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