Earning forecast for FY2022

We revise and change orders-received that we announced on March 16th, 2022, from 215 billion yen to 265 billion yen, because orders received in the first half of the fiscal year exceeded the initial forecast in both Green Technology System Division and Paint Finishing System Division, due to strong capital investment of manufacturers.

Although the net sales of completed construction contracts, operating income, ordinary income and profit attributable to owners of parent has no change from the earing forecast for FY2022 that we announced on March 16th ,2022, the breakdown by business segment was reviewed in consideration of the progress of projects.

Forecasts by division are on the next page and thereafter.

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Copyright 2022 Taikisha Ltd., All Rights Reserved.

Earning forecast for FY2022

Forecasts by Division

Hundred millions of yen

Results

Expectations

Latest

Original

expectation

expectation

Difference

of H1

of H2

of FY2022

of FY2022

Orders-received

1,620

1,029

2,650

2,150

500

(Japan)

(1,050)

(339)

(1,390)

(1,230)

(160)

(Overseas)

(569)

(690)

(1,260)

(920)

(340)

Green Technology

1,266

633

1,900

1,600

300

Building HVAC

195

117

313

330

-17

Industrial HVAC

1,070

516

1,587

1,270

317

(Japan)

(693)

(163)

(857)

(738)

(119)

(Overseas)

(377)

(352)

(730)

(532)

(198)

Paint Finishing

354

395

750

550

200

(Japan)

(161)

(58)

(220)

(162)

(58)

(Overseas)

(192)

(337)

(530)

(388)

(142)

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Copyright 2022 Taikisha Ltd., All Rights Reserved.

Earning forecast for FY2022

Forecasts by Division

Hundred millions of yen

Results

Expectations

Latest

Original

expectation

expectation

Difference

of H1

of H2

of FY2022

of FY2022

Net sales of completed

857

1,267

2,125

2,125

-

construction contracts

(Japan)

(539)

(755)

(1,295)

(1,258)

(37)

(Overseas)

(318)

(511)

(830)

(867)

(37)

Green Technology

675

989

1,665

1,550

115

Building HVAC

175

259

435

400

35

Industrial HVAC

500

729

1,230

1,150

80

(Japan)

(309)

(440)

(750)

(688)

(62)

(Overseas)

(190)

(289)

(480)

(462)

(18)

Paint Finishing

182

277

460

575

-115

(Japan)

(54)

(55)

(110)

(170)

(60)

(Overseas)

(128)

(221)

(350)

(405)

(55)

3

Copyright 2022 Taikisha Ltd., All Rights Reserved.

Earning forecast for FY2022

Forecasts by Division

Hundred millions of yen

Results

Expectations

Latest

Original

expectation

expectation

Difference

of H1

of H2

of FY2022

of FY2022

Operating income

38

69

108

108

-

Ratio

4.5%

5.5%

5.1%

5.1%

-

Green Technology

49

63

113

105

8

Ratio

7.3%

6.5%

6.8%

6.8%

0.0pt

Paint Finishing

-9

12

3

11

-8

Ratio

-5.2%

4.5%

0.7%

1.9%

-1.3pt

Ordinary income

46

73

120

120

-

Ratio

5.4%

5.8%

5.6%

5.6%

-

Green Technology

53

62

116

108

8

Ratio

7.9%

6.3%

7.0%

7.0%

-0.0pt

Paint Finishing

-10

14

4

12

-8

Ratio

-5.7%

5.2%

0.9%

2.1%

-1.2pt

Profit attributable to

24

61

86

86

-

owners of parent

Ratio

2.8%

4.9%

4.0%

4.0%

-

4

Copyright 2022 Taikisha Ltd., All Rights Reserved.

Precaution about Forward Perspective

The data and future prospection in this material is based on the judgement on the announcement date and the available information.

They are possible to change by various kinds of factors and can not guarantee the achievement of goals and future performance. This information is subject to change without notice.

We therefore recommend that you use this information with checking and confirming other information as well.

Taikisha assumes no responsibility whatsoever for any damages resulting from the use of this material.

Contact information for inquiry about this material

Investor Relations Section, Corporate Planning Headquarters,

Taikisha Ltd.

TEL+81-3-5338-5052FAX+81-3-5338-5195

5

Copyright 2022 Taikisha Ltd., All Rights Reserved.

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Taikisha Ltd. published this content on 10 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2022 06:16:12 UTC.