Notice of Revision to Consolidated Earnings Forecast for the Second Quarter (Interim) of the Fiscal Year Ending March 2027

Summary of Forecast Revision

Takara Holdings Inc. has revised the consolidated earnings forecast for the cumulative second quarter period of the fiscal year ending March 2027, which was previously announced on May 13, 2026. Net sales are expected to exceed the previous forecast, and operating income, ordinary income and interim net income attributable to owners of parent are also expected to be higher. By segment, this reflects demand trends and cost factors for the Takara Shuzo Group, increased sales and mutual tariff refund effects in overseas operations, and other group structural factors. The full-year forecast is currently under review and will be announced at the next earnings release.

Segment Outlook and Risk Factors

For the Takara Shuzo Group, pre-price-revision demand trends are below previous expectations, but operational efficiencies are expected to result in operating income exceeding the prior forecast. The Takara Shuzo International Group is performing strongly in overseas liquor and Japanese food ingredient wholesale, with mutual tariff refunds and foreign exchange effects contributing to upside. The Takara Bio Group is affected by a downside in the reagent business, but progress in evaluation of Spatial products and cost reductions are expected to reduce operating losses.