October 31, 2023

Distribution

Company: JEOL Ltd.

Representative: Izumi Oi, President and CEO (Code No. 6951 listed in Prime Market of Tokyo Stock Exchange)

For questions, contact: Toshihiko Kanayama, Director and Executive Officer; General Manager, Management Strategy Planning Office

TEL: 042-543- 1111

Notice on Revised Performance Forecast

Please be advised that, based on the recent business trends, the consolidated performance forecast announced on May 12, 2023 has been revised as follows.

1. Revised consolidated forecast for Q2 of FY ending March 2024 (accumulated total)

(April 1, 2023 to September 30, 2023)

Sales

Operating

Ordinary

Quarterly net

Quarterly net

profit

profit

profit

profit per share

attributable to

parent

company's

shareholders

Forecast originally

65,000

4,000

4,400

3,000

58.77 yen

announced (A)

Revised forecast (B)

68,500

8,000

10,000

7,300

143.02 yen

Balance (B-A)

3,500

4,000

5,600

4,300

Increase-decrease

5.4%

100.0%

127.3%

143.3%

rate

(Reference) Consolidated

performance in previous year

64,743

6,909

8,848

7,229

141.67 yen

(Q2 of FY ending in March

2023)

(Unit: Millions

of yen)

2. Reasons for amendments

Our consolidated performance in the first half exceeded substantially the forecast previously announced in both sales and earnings because the value of the yen stayed lower than had expected and because our in-house effort for cost reduction helped improve profitability. We will keep monitoring future business trends, and should any changes be needed for our forecast for the entire fiscal year, we will notify you immediately.

[Remarks]

The forecast was made based on information currently available, and actual business performance figures may differ from the projections due to various factors.

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Disclaimer

Jeol Ltd. published this content on 24 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2023 06:59:08 UTC.