Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy
between this translated document and the Japanese original, the original shall prevail.

February 9, 2024
To whom it may concern:
Company name:
Furukawa Co., Ltd.
Name of representative: Minoru Nakatogawa,President and Representative Director(Securities code: 5715; TSE Prime Market)
Inquiries:
Tsuyoshi Tajika,
General Manager, Accounting Department(Telephone: +81-3-6636-9502)

Notice Concerning Revisions to Consolidated Full-Year Financial Results ForecastsFurukawa Co., Ltd. (the “Company”) hereby announces that, in light of the most recent operating trends, it hasrevised the consolidated financial results forecasts for the fiscal year ending March 31, 2024 announced on
November 9, 2023, as described below.
1. Revisions to consolidated financial results forecasts for the fiscal year ending March 31, 2024 (April 1, 2023
through March 31, 2024)(Millions of yen)
Net sales

Operating profit

Ordinary profit

Profitattributable toowners of parent

Basic earnings
per share (Yen)Previously announced forecasts (A)(Announced on November 9, 2023)

190,000

9,700

10,50016,500443.67

Revised forecasts (B)189,300

9,000

10,50016,500443.67

Change (B-A)△700△700－－

Change (%)△0.4△7.2－－

214,190

9,031

9,348

6,211(Reference) Actual results for theprevious fiscal year
(Fiscal year ended March 31, 2023)

161.97

2. Reasons for the revisions
Compared with its previous full-year forecasts (announced on November 9, 2023), the Company has revised
downward its forecasts for net sales and operating profit. By segment, comparisons between the previousforecasts and revised forecasts (and the reasons therefore) are given below.
In the Rock Drill Machinery segment, we expect both sales and operating profit to increase on the back offirm shipments in Japan. In the Industrial Machinery segment, however, we forecast decreases in both sales
and operating profit due to additional costs related to material machinery stemming mainly from plant
construction delays. In the UNIC Machinery segment, the cost ratio is deteriorating due to lower-thanexpected shipments of UNIC cranes, as well as soaring prices of steel and other raw materials. Accordingly,
we expect declines in both segment sales and operating profit. Overall, we expect the Machinery business topost lower sales and operating profit.
In the Metals segment, we expect to post higher sales and operating profit, mainly in light of a solid
performance in the three-quarter period ended December 31, 2023. In the Electronics segment, however, we
forecast lower sales and operating profit due to delayed recovery of the semiconductor cycle. Overall, weexpect the Materials business to post higher sales and lower operating profit.
The ordinary profit and profit attributable to owners of parent figures remain unchanged from the previously
announced forecasts.
Note: Forward-looking statements provided in this document, including financial forecasts, are based on the information currently
available to the Company and certain assumptions considered reasonable. Such statements are included without any guarantee
as to their future achievement. Actual results, etc. may differ materially from the forecasts depending on various factors.