Notice of Revision to Earnings Forecast

Overview of the Revision to Earnings Forecast

NittoBest Corporation has revised its consolidated earnings forecast for the cumulative second quarter of the fiscal year ending March 2027. Net sales are expected to be 28.641 billion yen. Due to delayed pass-through of increased raw material costs, labor costs and logistics costs to prices, an operating loss of 195 million yen, an ordinary loss of 215 million yen, and an interim net loss attributable to owners of parent of 232 million yen are expected. The document does not present a direct comparison with the previously announced forecast; the stated reason for the revision is the delayed reflection of cost increases.

Outlook and Notes

As interim period results, the prior fiscal year's second quarter results were net sales of 61 million yen and operating income of 71 million yen; year-over-year changes are not mentioned. The reasons for changes to the full-year forecast are explained as expected increases in net sales from price revisions and the impact of delayed reflection of cost increases. Foreign exchange information is provided, but the final conclusion on the full-year outlook and the timing of measures are unspecified.