April 13, 2022

Treasure Factory Announces Differences between Forecast and Actual Results

Name

Treasure Factory Co., Ltd. (Securities Code: 3093)

Fiscal year

March 1 to February 28 (February 29 in leap year)

Differences between Forecast and Actual Results for the Fiscal Year Ended February 28, 2022

Net Sales [mn yen]

Operating Income [mn yen]

Ordinary Income [mn yen]

Profit Attributable to Owners of

Parent [mn yen]

Profit per Share [yen]

Previous forecast (Apr. 14, 2021) (A)

22,636

804

818

537

47.50

Actual result (B)

23,313

995

1,054

703

62.78

Net change (B)-(A)

+677

+191

+236

+166

Change (%)

+3.0

+23.8

+28.9

+31.0

Reasons for revision

In the third and fourth quarters, sales of apparel grew beyond the plan partly due to factors including stable stock and lower temperature than previous years, which resulted in sales of existing stores exceeding the plan. In addition, a consolidated subsidiary operating a reuse business also performed steadily and its business results exceeded the plan. As a result of these, operating income, ordinary income and profit attributable to owners of parent have surpassed the plan significantly.

a

Inquiries

Mr. Eiji Kobayashi Phone: +81-3-3880-8822

URL:www.treasurefactory.co.jp/en/

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Treasure Factory Co. Ltd. published this content on 15 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 April 2022 02:59:06 UTC.