SECURITIES AND EXCHANGE COMMISSION

[Translation]
To whom it may concern:
May 7, 2015
WACOAL HOLDINGS CORP.
Yoshikata Tsukamoto, President and Representative Director
(Code Number: 3591)
(Tokyo Stock Exchange, First Section)
Akira Miyagi, General Manager of Corporate Planning
(Telephone: +81(075) 682-1010)

Announcement of Revisions to the Forecast of Financial Results for the Fiscal Year ended March 31, 2015

Based on our most recent performance as well as other factors, we hereby announce that we have revised our forecast of financial results for the consolidated fiscal year ended March 31, 2015 (April 1, 2014 - March 31, 2015), which we announced on January 30, 2015, as follows:
Details
1. Revised Forecast of Consolidated Financial Results for the Fiscal Year Ended March 31, 2015 (April 1, 2014 - March 31, 2015)
(U.S. accounting basis) (Unit: Millions of Yen, unless otherwise indicated)

Net sales

Operating income

Pre-tax net income

Net income attributable to Wacoal Holdings

Corp.

Net income attributable to Wacoal Holdings

Corp. per share

(in Yen)

Previous Forecast ("A")

192,000

5,800

9,800

6,300

44.73

Revised Forecast ("B")

191,700

7,000

11,300

8,400

59.64

Variance (B - A)

(300)

1,200

1,500

2,100

Variance as Percentage (%)

(0.2)

20.7

15.3

33.3

(Reference)

Results for the Previous Fiscal Year ended March 31, 2014

193,781

13,860

15,033

10,106

71.75

Since we utilize U.S. accounting standards, "pre-tax net income" is presented in lieu of "ordinary profit".

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2. Reason for Revisions
Net sales are expected to stay at substantially the same level as the previous forecast. Operating income is expected to exceed the amount which we forecasted previously as a result of the influence of our cost-efficiency efforts. Due to a recovery in foreign exchange gains and losses, in addition to an increase in operating income, the amounts of pre-tax net income and net income attributable to Wacoal Holdings Corp. are expected to exceed respective forecast amounts which we announced previously.
There is no change to our expected annual dividend announced on May 13, 2014.

*Cautionary Statement

Any forecasts of business results are based on information available as of the date these data were released and, due to various risks, uncertainties and other factors arising in the future, actual results in the future may differ significantly from our estimates.
These risks, uncertainties and other factors include: the impact of the ongoing global economic downturn on our sales and profitability in Japan and our other markets; the impact on our business of anticipated continued weakness of department stores and other general retailers in Japan; our ability to successfully develop, manufacture, and market products in Japan and our other markets that meet the changing tastes and needs of consumers and to deliver high quality products; the highly competitive nature of our business and the strength of our competitors; our ability to successfully expand our network of our own specialty retail stores and achieve profitable operations at these stores; our ability to further develop our Internet sales capabilities; our ability to effectively manage our inventory levels; our ability to reduce costs; our ability to attract and retain highly qualified personnel; effects of irregular weather events on our business and performance; risks related to conducting our business internationally; risks from acquisitions and other strategic transactions with third parties; risks relating to return of investment for development of new markets; risks relating to intellectual property; risks relating to information systems; risks relating to the protection of customer information and our ability to protect our trade secrets; risks relating to internal controls over financial reporting; the impact of weakness in the Japanese equity markets on our holdings of Japanese equity securities; the impact of any natural disaster or epidemic on our business; and other risks referred to from time to time in our annual report and other disclosures.
End

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