Tazmo : Revision of forecast for the second quarter of the fiscal year ending December 2022 Notice of Revision of Full-Year Consolidated Earnings Fo

	August 3, 2022
Company Name	TAZMO CO.,LTD.
Name of	T o s h i o I k e d a
Representative	President and Representative Director
(Tokyo Stock Exchange, Prime Market, Code 6266)
Contact	S h i g e o K a m e y a m a
	Senior Managing Director,
	General Manager of Administration Division
Telephone	086-239-5000
Number

Revision of forecast for the second quarter of the fiscal year ending December 2022

Notice of Revision of Full-Year Consolidated Earnings Forecast

Based on the recent performance trends, we have revised the forecast for second quarter period and the full-year consolidated earnings forecast of the current fiscal year, which were announced on February 14, 2022, as follows.

1. Revision of consolidated earnings forecast for the second quarter period of the fiscal year ending December 2022 (January 1, 2022 to June 30, 2022)

		O p e r a t i n g		P r o f i t
	N e t s a l e s	Ordinary income	attributable to		P r o f i t
	i n c o m e
			owners of parent
	Millions of yen	Millions of yen	Millions of yen	Millions of yen		Yen
Previous forecast (A)	12,090	856	832	565	42.70
Revised (B)	12,885	1,289	1,725	1,246	93.21
Change (B-A)	795	433	893	681
Percentage change	6.6%	50.6%	107.3%	120.5%
(FYR) Previous fiscal
year results	9,742	746	821	552	41.73
(Second Quarter of
FY12/2021)

2. Revision of full-year consolidated earnings forecasts for the fiscal year ending December 2022 (January 1, 2022 to December 31, 2022)

				P r o f i t
	N e t s a l e s	O p e r a t i n g	Ordinary income	attributable to		P r o f i t
	i n c o m e	o w n e r s o f
				p a r e n t
	Millions of yen	Millions of yen	Millions of yen	Millions of yen		Yen
Previous forecast (A)	25,338	2,555	2,503	1,731	130.84
Revised (B)	26,133	2,988	3,396	2,412	172.74
Change (B-A)	795	433	893	681
Percentage change	3.1%	16.9%	35.7%	39.3%
(FYR) Previous fiscal
year results	22,001	2,092	2,218	1,749	132.21
(FY12/2021)

3. Reason for amendment

The situation remains severe as the Covid-19 shows no sign of abating and business activities such as business trips are still restricted. However, in the semiconductor industry, of which our group is a part, capital investment by semiconductor manufacturers remained strong due to factors such as expanding demand for servers, 5G (Next Generation Mobile Networks), and electronic device for remote work. Under such circumstances, net sales are expected to exceed the forecast, mainly due to strong sales in the transfer equipment division, which has a short period between receiving order and recording sales. Profits are also expected to exceed the previously announced forecasts of consolidated financial results for the second quarter and full year of the fiscal year ending December 2022 due to the effects of our ongoing cost reduction activities as well as a foreign exchange gain of 439 million yen recorded under non-operating income as a result of yen depreciation.

Based on the above, our group have revised upward our consolidated earnings forecasts for the second quarter and full year of the fiscal year ending December 2022.

*1. The above forecasts are based on information available as of the date of publication of this document. Actual results may differ from these forecasts due to a variety of factors.

*2. Our group conducted a public offering with a payment date of June 13, 2022. As a result, net income per share in column (B) of this amendment includes the increase of 1,305,000 shares of common stock resulting from the Public Offering.