March 22, 2024
PRESS RELEASE

Company nameHead office
President
Listed Exchange
Contact

Mandom Corporation
5-12 Juniken-cho, Chuo-ku, Osaka, JapanKen Nishimura
TSE Prime Market 4917
Hideo Kawakita, IR OfficeE-mail: ir@mandom.com

Notice regarding Posting of Extraordinary Profit (Gain on Sales of Investment Securities)
and Revision to Full-Year Earnings Forecast for Fiscal Year Ending March 31, 2024
Mandom Corporation (the “Company”) announces that it has recorded extraordinary income (gain on sale ofinvestment securities) due to the sale of a portion of its investment securities.
The Company also provides notice of the revision to the consolidated and non-consolidated earnings forecasts forthe fiscal year ending March 31, 2024 (April 1, 2023, to March 31, 2024), which were announced on October 31,2023, as shown below. Note that the associated dividend forecast has not changed.
1.

Posting of Extraordinary Profit (Gain on Sales of Investment Securities)(1) Reasons for sales of investment securities
This was done as part of efforts to improve asset efficiency.
We have a policy of reducing our strategic shareholdings to less than 10% of consolidated net assets at theend of each fiscal year, and by the end of March 2024, we will have reduced them by 30% or more from thelevel at the end of March 2021.
(2) Details of gain on sales of investment securities

2.

① Shares to be sold

Securities of one listed company held by the Company② Sales period

February 2024 to March 2024

③ Gains on sales of investment securities

About 1,000 million yen (estimated amount)

Revised earnings forecast for the full year of the fiscal year ending March 2024
(April 1, 2023, to March 31, 2024)(1) Revised consolidated earnings forecast
Current net
incomeattributable toowners of theparent company

Current net
income pershare

Net Sales

Operating
IncomeOrdinary
IncomeMillion yen

Million yen

Million yen

Million yen

Yen

Previously announced forecast(A)

72,700

1,460

2,280

1,660

36.92

Forecast announced at this time(B)

73,000

1,650

2,600

2,200

48.92

(B - A)

300

190

320

540

―

(%)

0.4

13.0

14.0

32.5

―

67,047

1,409

2,207

958

21.31

ChangePercent change(Ref.) FYE March 2023 actual1(2) Revised non-consolidated earnings forecast
Net Sales

Ordinary
IncomeCurrent net
incomeCurrent net
income pershare

Million yen

Million yen

Million yen

Yen

Previously announced forecast(A)

42,200

1,240

990

22.02

Forecast announced at this time(B)

42,300

1,260

1,450

32.25(B - A)

100

20460

―

(%)

0.2

1.6

46.5

―

40,310

1,523

561

12.49

ChangePercent change(Ref.) FYE March 2023 actual(3) Reasons for Revision of Earnings Forecast
As for the non-consolidated earnings forecast, as stated in 1 above, we expect to post an extraordinary gain ofapproximately 1 billion yen on the sale of investment securities, and an extraordinary loss of approximately 300
million yen on the impairment of software in progress, as well as income taxes related to these items. As a result,net income is expected to exceed the previous forecast.
In addition to these factors, the Company expects operating income to increase due to the control of selling,general, and administrative expenses in overseas and other businesses, and net income attributable to owners of
the parent company is expected to exceed the previous forecast.
(Note) These forecasts are based on judgments obtained from the information currently available to us, and actual
performance may differ significantly from these forecasts due to several factors.

-End of News Release-2