Notice of Revision to Earnings Guidance

Overview of Revision to Earnings Guidance

SEMITEC Corporation has revised its consolidated earnings guidance for the second quarter and full year of the fiscal year ending March 2027. The second quarter guidance is net sales of 14,405 million yen, operating income of 2,363 million yen, ordinary income of 2,189 million yen, interim net income attributable to owners of parent of 1,628 million yen, and interim net income per share of 169.69 yen. All items are expected to outperform the previously announced forecasts. The full-year guidance has also been raised to net sales of 27,600 million yen, operating income of 3,900 million yen, ordinary income of 3,750 million yen, net income attributable to owners of parent of 2,750 million yen, and net income per share of 286.57 yen. Note that a foreign exchange loss is expected to be recorded as non-operating expense, which will affect ordinary income and interim/net income.

Factors Considered and Future Outlook

Yen depreciation progressed in the first half, and sales and profits are expected to be realized earlier due to demand being brought forward; therefore, the demand estimate for the second half has been set cautiously. A foreign exchange loss of 171 million yen is expected to be recorded, but even after deducting this, overall results are expected to exceed the previous forecast. Performance is also expected to show a solid trend compared with the results for the fiscal year ended March 2026, and attention should be paid to future exchange rate movements and market conditions.