July 26, 2024
Company:
Representative:
Contact:

FINDEX Inc
Teruo Aibara, President & CEO(Stock code: 3649, PRIME Market)
Takashi Murakami, Finance &Investor Relations, Business Strategy(Telephone: +81-3-6271-8958)

Notice Regarding the Revision of the Financial Forecast
for the Second Quarter of the Fiscal Year Ending December 31, 2024
FINDEX Inc. hereby announces upward revisions to its consolidated earnings forecasts for the fiscal year ending
December 31, 2024, which was released on February 13, 2024.

1. Revision of Consolidated Financial Forecast (From January 1, 2024, to June 30, 2024)(JPY MM)(JPY MM)(JPY MM)

Profitattributable toowners ofparent(JPY MM)

Previously announced forecast (A)2,872

754764527

20.56

Revised forecast (B)

3,205

940

945

701

27.34

Variance in amount (B-A)+333+186+181+174－

Variance in percentage (%)

11.6

24.7

23.7

33.0－

(Ref.) Actual results for FY2023 Q2(Cumulative, from Jan. 1, 2023, toJun.30, 2023)

2,249

397

414

283

11.08

Operatingprofit

Net sales

Recurring profit

Basic earningsper share(JPY)

2. Revision of Non-Consolidated Financial Forecast (From January 1, 2024, to June 30, 2024)(JPY MM)(JPY MM)(JPY MM)

Basic earnings
per share(JPY)Previously announced forecast (A)2,842764

527

20.56

Revised forecast (B)

3,181

928

689

26.86

Variance in amount (B-A)+339+164+162－

Variance in percentage (%)

11.9

21.5

30.7

－

(Ref.) Actual results for FY2023 Q2(Cumulative, from Jan. 1, 2023, toJun.30, 2023)

2,221

381

263

10.28

Net sales

Recurring profit

Quarterly Net Profit

3. Reason for the Revision of Financial Forecast AboveDuring the second quarter of the fiscal year ending December 31, 2024, demand for medical software continued
from the previous fiscal year. As previously announced, net sales increased in the first quarter, and the second quarterhas progressed favorably overall. Specifically, in addition to the large-scale projects incorporated in the initial plan,sales exceeded expectations due to factors such as sales through distributors and consulting projects that were added
during the period. As a result, we expect consolidated net sales for the second quarter to exceed the initial forecast.
Regarding expenses, although personnel costs increased due to the promotion of investment in human resources, theeffect of increased net sales were significant. Both operating profit and recurring profit for the second quarter areexpected to exceed the initial plan.
Profit attributable to owners of parent for the second quarter includes a tax credit that was not anticipated at thebeginning of the fiscal year, in addition to the fact that ordinary income exceeded the initial plan. This is due to theapplication for and subsequent approval of the tax credit for promoting wage increases during the period.
Although we are not revising our full-year earnings forecast at this time, we will promptly announce any changes in
the future if our business performance is expected to fluctuate. Please note that there is no change in the forecast for
dividends at the end of the second quarter and at the end of the fiscal year.
Note: This is a translation of the document originally prepared in Japanese for reference purpose only. In the eventof any discrepancies in words, figures or the like between this document and the original, the original Japanese version
shall govern.