CMIC HOLDINGS Co., Ltd. (the “Company”) hereby announces the following revisions to the forecasts of the full-year consolidated results announced on July 29, 2022 for the fiscal year ended September 2022.

Notes

1.Revision of FY2022 Full-year Forecast (October 1, 2021 to September 30, 2022)

Sales Operating income Ordinary income Profit attributable to owners of parent Earnings per share
Previous forecast (A)
Millions of yen
106,000
Millions of yen
8,600
Millions of yen
9,200
Millions of yen
4,500
yen
254.49
Current revised forecast(B) 108,461 11,845 13,450 8,387 469.44
Increase
(B-A)
2,461 3,245 4,250 3,887
Rate of change
(%)
2.3 37.7 46.2 86.4
(Reference) Results for the previous fiscal year
(FY2021)
85,788 4,920 5,091 2,023 111.85

(Reasons for amendment)
For the fiscal year ended September 30, 2022, we expect net sales and operating income to exceed our previous forecast due to the expansion of vaccination support services for new coronavirus infections and growth in CRO business and other businesses.

Ordinary income is expected to exceed the previous forecast due to a foreign exchange gain of 1,720 million yen recorded as non-operating income.

Net income attributable to shareholders of the parent company is also expected to exceed the previous forecast due to the recording of income taxes-deferred of -3,071 million yen, despite an impairment loss of 1,386 million yen, as announced today in the “Notice Regarding the Recognition of Deferred Tax Assets and Extraordinary Losses”.

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