This document is a translation of the original Japanese document and is only for reference purposes.
In the event of any discrepancy between this translated document and the original Japanese document,
the latter shall prevail.
August 5, 2024
To whom it may concern:
Company name: T. HASEGAWA CO., LTD.
Listing: Prime Market, Tokyo Stock Exchange
Stock code: 4958
URL https://www.t-hasegawa.co.jp/
Representative: President & CEO Takao Umino
Inquiries: Director & Senior Executive Vice President Minoru Nakamura
TEL: 03-3241-1151

Notice Concerning Revision of Full-Year Earnings Forecast and Dividend Forecast
T. HASEGAWA CO., LTD. (the “Company”) hereby announces that in light of recent business trends, it has revised
its full-year earnings forecast and dividend forecast for the fiscal year ending September 2024 (October 1, 2023 to
September 30, 2024), which were originally announced on November 10, 2023, as follows.
1. Revision to full-year earnings forecast
Revised full-year consolidated financial earnings forecast for the fiscal year ending September 2024
(October 1, 2023 to September 30, 2024)
Net sales

OperatingprofitOrdinaryprofit

Profitattributable toowners ofparent

Earnings pershare(million yen) (million yen) (million yen) (million yen)

(yen)

Previous forecast (A)66,500

8,300

8,800

6,750

164.05

Revised forecast (B)71,3009,560

10,0007,350

178.64

Change (B-A)

4,800

1,260

1,200

600

－

Change (%)

7.2

15.2

13.6

8.9－

64,874

7,507

8,185

6,671

162.16(Reference) Results for theprevious fiscal year
(Fiscal year ended September 2023)

Revised full-year non-consolidated financial earnings forecast for the fiscal year ending September 2024(October 1, 2023 to September 30, 2024)
Operating
Ordinary
Net profit
profitprofit(million yen) (million yen) (million yen) (million yen)
40,400
4,820
9,430
8,080
Net sales

Previous forecast (A)Earnings per
share

Revised forecast (B)42,100

5,150

9,720

Change (B-A)

1,700

330

290

20 －

4.2

6.8

3.1

0.2 －

39,711

4,538

5,125

Change (%)(Reference) Results for theprevious fiscal year
(Fiscal year ended September 2023)

8,100

4,679(yen)196.38196.86113.72

2. Reasons for revision to full-year earnings forecast(Non-consolidated)
Due to the strong performance of the Flavor Division, the results for the nine months ended June 30, 2024 haveexceeded expectations. As a result, the Company has revised upward the full-year forecast for net sales, operating
profit, ordinary profit, and net profit.
(Consolidated)
Driven by the recovery of our U.S. subsidiary's performance, the favorable impact of the weaker Japanese yen,and the strong performance of the Company on a non-consolidated basis, the results for the nine months ended June30, 2024 have exceeded expectations. Consequently, the Company has upwardly revised the full-year forecast fornet sales, operating profit, ordinary profit, and profit attributable to owners of parent.
In revising the full-year earnings forecast, the assumed exchange rates for the fiscal year ending September 30,
2024 (average rate for the period) have been revised to 1 USD=151.00 JPY and 1 RMB = 21.00 JPY, respectively(initially assumed exchange rates at the beginning of the fiscal year ending September 30, 2024, were 1 USD =137.00 JPY and 1 RMB = 19.50 JPY, respectively).
(Note) The above forecasts are based on information available as of the date of publication of this document. Actual
performance may differ from these forecasts due to various factors.
3. Revision to dividend Forecast
Interim

Dividend per share
Year-end

Total－

31.00 yen

62.00 yen

Revised forecast－

39.00 yen

70.00 yen

Current period results

31.00 yenPrevious period results(FY2023)30.00 yen

31.00 yen

61.00 yenPrevious forecast(Announced on
November 10, 2023)(Reasons for revision to dividend Forecast)
The Company's basic policy is to strive to return profits to shareholders in accordance with businessperformance, while also securing the necessary internal reserves to further strengthen the Group's managementfoundations and engage in future business development.
In accordance with the upward revision of the earnings forecast, the Company has revised the forecast for theyear-end dividend per share for the fiscal year ending September 2024, increasing it by 8 yen from the previous
forecast to 39 yen.
END