ENPLAS : Notice Concerning Revision of Earnings Forecast（ 139.84 KB）

October 17, 2016

Company name: Enplas Corporation Representative: Daisuke Yokota, President Code No.: 6961, TSE 1st Section

Inquiries: Takashi Sakai, Senior Managing Director

Tel: 03-6268-0259

Enplas Corporation ("Enplas", head office: Saitama, president: Daisuke Yokota) hereby announces that, in light of recent business performance trends, it has revised the consolidated earnings forecast for the fiscal year ending March 31, 2017, as announced on July 20, 2016, as follows.

1. Revised consolidated earnings forecast for the fiscal year ending March 31, 2017

2. Revision of figures for consolidated earnings forecast for the six-month period ended September 30, 2016

   (Millions of yen)

   Net sales	Operating income	Ordinary income	Profit attributable to owners of parent	Earnings per share
   Previous forecast (A)	17,000	2,500	2,500	1,700	132.84 yen
   Revised forecast (B)	16,000	2,100	1,900	3,500	273.50 yen
   Difference (B－A)	t,.1,000	t,.400	t,.600	1,800
   Rate of change (%)	t,.5.8	t,.16.0	t,.24.0	105.8
   Results for the six- month period ended September 30, 2015	19,442	5,239	5,363	3,758	282.23 yen

3. Revision of figures for consolidated earnings forecast for the year ending March 31, 2017

(Millions of yen)

Net sales	Operating income	Ordinary income	Profit attributable to owners of parent	Earnings per share
Previous forecast (A)	34,000	5,000	5,000	3,400	265.69 yen
Revised forecast (B)	32,000	4,200	4,000	4,900	382.90 yen
Difference (B－A)	t,.2,000	t,.800	t,.1,000	1,500
Rate of change (%)	t,.5.8	t,.16.0	t,.20.0	44.1
Results for the fiscal year ended March 31, 2016	38,737	9,933	9,823	5,592	427.64 yen

4. Reason for the revision

In the 2nd quarter, Enplas moved forward development of new products for the LED business's main diffusion lens segment, however, sales to main customer fell below the plan and the impact of the strong yen was greater than expected. Enplas expects these conditions to continue and therefore does not anticipate results to recover in the near-term. In the 1st half, Enplas also booked an extraordinary profit due to a gain on the sale of land and a litigation reserve release. After considering the items noted above, the company decided to revise the earnings forecast for the 6 month period ended September 30th 2016 and for the fiscal year ending March 31, 2017.

Notice:

1. This announcement contains forward-looking statements. These forward-looking statements are based on Enplas's current assumptions, expectations and beliefs in light of the information currently possessed by it and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Enplas's actual results, financial position or cash flows to be materially different from any future results, financial position or cash flows expressed or implied by these forward-looking statements. These risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Enplas's latest Annual Securities Report and Quarterly Securities Report, and Enplas undertakes no obligation to publicly update or revise any forward-looking statements.

2. The official version of this announcement was published in Japanese. An unofficial English translation is provided for the convenience of overseas investors. For any discrepancies between the Japanese and English versions, the Japanese version shall prevail.