To Whom It May Concern

Date: November 5, 2018

Company Name:

Sanken Electric Co., Ltd.

Representative:

Takashi Wada

Representative Director, President

Code No.:

6707 (the TSE, 1st Section)

Inquiries:

Akihiro Goto

General Manager, Finance and

Investor Relations Division

TEL:

(048) 487-6121

Notice of Difference between the Forecasted Consolidated Business Results and the Actual

Business Results for the Six Months Ended September 30, 2018

The Company announces differences between the consolidated financial forecast for the six months ended September 30, 2018 disclosed on May 8, 2018 and the actual results disclosed today, as shown below.

1. Difference between the Forecasted Consolidated Business Results and the Actual Business Results for the Six Months Ended September 30, 2018 (from April 1, 2018 to September 30, 2018)

Net Sales

Operating income

Ordinary income

Profit attributable to owners of parent

Net income per share

Previous forecast (A) (Announced on May 8, 2018)

(millions of yen)

87,200

(millions of yen)

5,200

(millions of yen)

4,400

(millions of yen)

1,500

(yen)

61.89

Actual results (B)

88,230

6,319

5,317

2,247

92.72

Change (B-A)

1,030

1,119

917

747

－

Ratio of change (%)

1.2%

21.5%

20.9%

49.8%

－

Results in the same period of previous year

(Six months ended September 30, 2017)

86,000

5,457

5,665

-13,113

-541.00

As of October 1, 2018, the Company carried out a share consolidation of five common shares at the rate of one share. Accordingly, net income per share is calculated on the assumption that the consolidation of shares was carried out at the beginning of the previous consolidated fiscal year.

2. Reasons for the Difference

A continued increase in sales of products for white goods, robust sales of automotive products, and the weaker yen than expected led to consolidated net sales exceeding the forecast. Profits also exceeded the original forecast, resulting from increased factory operating profit driven by improved sales and the effects of the restructuring initiatives in the previous year. Consequently, the Company recorded differences between the consolidated financial forecast for the six months ended September 30, 2018 and the actual results.

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Sanken Electric Co. Ltd. published this content on 05 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 November 2018 06:12:07 UTC