TOMY : Notice Concerning Revisions of Full-Year Consolidated Earnings Forecasts and Revisions of Forecast Dividends

(English Translation of the Japanese Press Release)
	February 7, 2022
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
	Executive Officer,

Head of Corporate Administrations (TEL: [phone])

Notice Concerning Revisions of Full-Year Consolidated Earnings Forecasts and Revisions of

Forecast Dividends

TOMY Company, Ltd. (hereinafter "Tomy") hereby provides notification that, in light of recent earnings trends and other factors, we have revised the full-year consolidated earnings forecasts and forecast dividends announced on May 11, 2021, as follows.

Revisions of consolidated earnings forecasts for the fiscal year ending March 31, 2022 (April 1, 2021 to March 31, 2022)

				Profit attributable	Basic earnings
	Net sales	Operating profit	Ordinary profit	to owners of
	per share
				parent
Previously announced	Millions of yen	Millions of yen	Millions of yen	Millions of yen	Yen
forecast (A)	155,000	8,000	7,600	6,500	69.02
Revised forecast (B)	160,000	11,000	11,000	7,500	80.68
Increase (Decrease) (B-A)	5,000	3,000	3,400	1,000	-
Increase (Decrease)	3.2	37.5	44.7	15.4	-
percentage (%)
(Reference) Actual results for
the fiscal year ended March	141,218	7,079	7,170	5,374	57.07
31, 2021

Reasons for revisions

In the revision of the consolidated earnings forecast for the second quarter (cumulative) of the fiscal year ending March 2022 announced on October 28, 2021, the full-year consolidated earnings forecast was left unchanged from the previous announced forecast due to remaining uncertainties such as concerns about the further expansion of the novel coronavirus disease (COVID-19) and trends in the year-end and New Year sales season.

Subsequently, during the year-end and New Year sales season, which is the Group's largest sales season, toy shipments continued to grow steadily, and the arcade game "Pokémon mon Mezastar" and GACHA capsule toys businesses continued to expand. On the other hand, despite the severe market environment and remaining uncertainties including the spread of infection by new mutant strains, sales are expected to exceed the previously announced forecast.

In terms of profits, upfront investments will be made in the fourth quarter such as advertising expenses for the new fiscal year, and although the impact of rising costs caused by turmoil in overseas logistics is expected to continue, profit

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is expected to exceed the previously announced forecast due to increase in gross profit from increased sales and efficient management of selling, general and administrative expenses.

2. Revisions of dividend forecasts

		Annual dividend amounts
	Second quarter-end	Year-end	Total
Previous forecast	-	¥10.00	¥20.00
(May 11, 2021)
Revised forecast	-	¥20.00	¥30.00
Results for the current period	¥10.00	-	-
Results for the fiscal year ended	¥7.50	¥10.00	¥17.50
March 31, 2021

Reasons for revisions

The Company recognizes the stable return of profits to shareholders as an important priority for management. In additional to striving to strengthen the management base and improve the profit margin, the dividend amount is determined in consideration of performance and dividend payout ratio with a basic intention to continue paying a stable dividend.

The year-end dividend forecast for the fiscal year ending March 2022 was set at 10 yen per share, but based on the aforementioned revision of the full-year consolidated earnings forecast and the Company's policy distribution of profits and dividends, it will be set at 20 yen per share. As a result, the dividend forecast for the year will be 30 yen per share.

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.

End of notice

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