May 24, 2023
For Immediate Release:
MTI Ltd.
Representative: Toshihiro Maeta,President and Chief Executive Officer
Listing: TSE Prime [9438]
Contact: Hiroshi Matsumoto,Senior Managing Director
Tel: +81-3-5333-6323

Notice Concerning Posting of Extraordinary Income and Revisions to Full-Year Results Forecasts
MTI Ltd. (hereinafter the “Company”) announces that the Company will post extraordinary income as statedbelow for the third quarter of the fiscal year ending September 30, 2023 (from April 1, 2023 to June 30, 2023).
In addition, the Company announces that the Company will revise the earnings forecast for the fiscal year ending
September 30, 2023 announced on May 11, 2023, Detail are as follows.
1. Posting of Extraordinary Income (Refunded Consumption Tax, etc.)
Effective from the fiscal year ended September 30, 2022, the Company has adjusted the handling of
consumption tax on lapsed points in monthly content services that award points. As a result, net sales
corresponding to lapsed points were treated as non-taxable transactions. In connection with this, aconsumption tax refund of 864 million yen will be recorded as extraordinary income as a result of acorrection decision (refund) from the Shinjuku Tax Office regarding the treatment of consumption tax in thefiscal year ended September 30, 2017 and the decision to refund the relevant consumption tax.
2. Revision of the consolidated financial forecast for the full fiscal year ending September 30, 2023
(October 1, 2022 – September 30, 2023)
ProfitOperating
Ordinary
Net sales
attributable toincomeincomeowners of parent
Millions of yen
Millions of yen
Millions of yen
Millions of yen
Previous announced
26,800200400(400)forecast (A)Current announced
forecast (B)26,800200400

460

Differences（B-A）−−−+860Differences（%）(Reference)
For the fiscal year ended
September 30, 2022

−−

−

−

26,479870

485(930)

Net
incomeper share[Reasons for the revisions]
As a result of Posting the Extraordinary Income mentioned above, we will only revise the profit attributableto oweners of parent upward.
＜Points to consider concerning forecasts
Matters stated in this material concerning results forecasts are based on assessments, assumptions andconvictions derived from information available to the Company at the time when this material is published.
They may differ significantly from actual results due to a variety of factors, including future economic
conditions in Japan and overseas, changes in conditions for business operations in Japan and overseas, or1

Yen(7.29)
8.38(16.99)uncertain factors and potential risks inherent in forecasts. Those risks and uncertain factors include
unpredictable effects on results that may arise from future events.
Note: This document has been translated from a part of the Japanese original for reference purposes only. Inthe event of any discrepancy between this translated document and the Japanese original, the original shallprevail. The Company assumes no responsibility for this translation or for direct, indirect or any other formsof damages arising from the translation.

Contact information for inquiries
Investor Relations OfficeE-mail: ir@mti.co.jp URL： https://ir.mti.co.jp/eng/

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