Treasure Factory : Revises Forecasts for Six Months Ending August 31, 2022, and Fiscal Year Ending February 28, 2023

July 13, 2022

Treasure Factory Revises Forecasts for Six Months Ending August 31, 2022, and Fiscal Year

Ending February 28, 2023

	Name	Treasure Factory Co., Ltd. (Securities Code: 3093)
	Fiscal year	March 1 to February 28 (February 29 in leap year)
	Revised Forecast for the Six Months Ending August 31, 2022
					Profit
		Net Sales	Operating	Ordinary	attributable	Net Income
		Income	Income	to owners of	per Share
		[mn yen]
		[mn yen]	[mn yen]	parent	[yen]
					[mn yen]
	Previous forecast	11,841	247	257	161	14.49
	(Apr. 13, 2022)
	Revised forecast (B)	12,430	625	650	426	38.33
	Net change (B)-(A)	+589	+378	+393	+265
	Change (%)	+5.0	+153.0	+152.9	+164.6
	Revised Forecast for the Fiscal Year Ending February 28, 2023
					Profit
		Net Sales	Operating	Ordinary	attributable	Net Income
		Income	Income	to owners of	per Share
		[mn yen]
		[mn yen]	[mn yen]	parent	[yen]
					[mn yen]
	Previous forecast	25,398	1,098	1,112	742	66.76
	(Apr. 13, 2022)
	Revised forecast (B)	26,038	1,400	1,430	886	79.72
	Net change (B)-(A)	+640	+302	+318	+144
	Change (%)	+2.5	+27.5	+28.6	+19.4
	Reasons for revision	In the three months ended May 31, 2022, consolidated sales was
		118.8% year on year and net gross margin improved by 1.2 points,
		leading operating income, ordinary income and profit attributable to
		owners of parent to largely surpass the plan. With this, it is assumed
		that the forecasts for operating income, ordinary income and profit
		attributable to owners of parents for the six months ending August 31,
		2022, will surpass the previous forecast.
		In the latter half of the fiscal year ending February 28, 2023, increase
		in selling, general and administrative expenses of about 100 million
		yen is newly expected. However, as a result of reflecting the forecasts
		for the three months ending May 31, 2022, the respective figures are
		assumed to surpass the previous forecast.
	Inquiries	Mr. Eiji Kobayashi
		Phone: [phone]
		URL: www.treasurefactory.co.jp/en/

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