Teijin : Notice Regarding Differences between the FY2023 Financial Forecast and the Actual Results

May 13, 2024

To whom it may concern

Company: Teijin Limited

Representative: Akimoto Uchikawa, President and CEO Stock code: 3401 (Prime Market, Tokyo Stock Exchange)

Contact: Naoki Hamashima, General Manager,

Corporate Communication Department

TEL: [phone]

Notice Regarding Differences between

the FY2023 Financial Forecast and the Actual Results

Teijin Limited hereby announces the following differences between the consolidated financial forecast for the fiscal year ended March 2024, which were announced on February 8, 2024, and the actual consolidated financial results announced today.

1. Differences between the consolidated financial forecast for the fiscal year ended March 2024 and the actual consolidated financial results

	Net sales	Operating	Ordinary	Profit attributable to	Earnings
		income	income	owners of parent	per share
	million yen	million yen	million yen	million yen	yen
Previously forecast (A)	1,030,000	18,000	19,000	8,000	41.57
Actual result (B)	1,032,773	13,542	15,564	10,599	55.07
Difference (B − A)	2,773	−4,458	−3,436	2,599	―
Percent difference (%)	0.3%	−24.8%	−18.1%	32.5%	―
(Ref.) Result for the	1,018,751	12,863	9,100	−17,695	−92.04
previous fiscal year
(FY2022)

[Reasons for the differences]

Operating income fell short of the previously announced forecast value mainly due to a decrease in the sales volume of products for several applications in the Materials segment caused by reduced demand and a delay in the receipt of part of licensing income in the Healthcare segment.

Meanwhile, profit attributable to owners of parent exceeded the previously announced forecast value mainly due to the recording of gain on sales of investment securities.

- End -

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