April 8, 2024
Company name
CREATE SD HOLDINGS CO., LTD.
(Securities code: 3148; Prime Market of Tokyo Stock Exchange)
Representative
Taizo Hirose
Representative Director and President
Contact
Tetsuya Yamazaki, Executive Officer andGeneral Manager, Finance andAccounting Dept.
(Tel: +81-45-914-8241)

Notice concerning Revision of Full-Year Financial Forecast and Dividend Forecast(Dividend Increase)
CREATE SD HOLDINGS CO., LTD. hereby announces that the dividend forecast and the consolidated financial
forecast for the fiscal year ending May 31, 2024 (June 1, 2023 to May 31, 2024) announced on July 10, 2023 has beenrevised as follows.

1. Revision of full-year consolidated financial forecast for the fiscal year ending May 31, 2024 (June 1, 2023 to May31, 2024)
Net sales

Operating profit

Ordinary profit

Profitattributable toowners of parent

Millions of yen

Millions of yen

Millions of yen

Millions of yen

Yen

404,100

19,24019,80013,000205.64Current forecast (B)423,550

20,98021,60013,950218.10Difference (B–A)

19,450

1,740

1,800

950

4.8

9.0

9.1

7.3

380,963

18,912

19,42812,925Previous forecast (A)Change (%)

Earnings per
share

Reference: Results for theprevious fiscal year

204.46(fiscal year ended May 31, 2023)

2. Reasons for revisions
In the first nine months of the fiscal year ending May 31, 2024, while demand for products to contain the spread of
the coronavirus decreased, demand for common cold medicines and cosmetics increased thanks to the easing ofrestrictions on movement. In addition, although consumers seek money savings and purchase selectively with thecontinued rise in the cost of living, primarily for food products, net sales and profits exceeded initial forecasts as aresult of continued EDLP strategy, including for daily necessities.
In terms of the full-year consolidated financial forecast, while the above trends are expected to continue, CREATESD HOLDINGS is planning to make prior operating-related investment and return profits back to employees in linewith results in the fourth quarter. As such, the above revisions have been made in light of current results and results
for the first nine months of the fiscal year ending May 31, 2024.

3. Revision of dividend forecast
Dividends per share (Yen)
2Q-endYear-end

Annual total

Previous forecast

2754

Revised forecast

3764

2752

Current results (fiscal year endingMay 31, 2024)
Previous results (fiscal year endedMay 31, 2023)

2725

4. Reasons for revision of dividend forecast
CREATE SD HOLDINGS recognizes the return of profits to all shareholders as one of the most importantmanagement issues, and has therefore established a basic policy of continuously and stably paying dividends bycomprehensively taking into account the dividend payout ratio and the dividend on equity ratio.
Based on the above policy, the year-end dividend for the fiscal year ending May 31, 2024 has been revised to 37
yen per share, an increase of 10 yen compared to the previous forecast. As a result, the annual dividend per share,including interim dividends, is scheduled to be 64 yen, an increase of 12 yen compared to the previous fiscal year.
(Notes concerning forward-looking statements, etc.)
The above forecasts have been prepared based on currently available information, and actual results may differ due
to various factors in the future.