Translation
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 Japanese original shall prevail.

Aug 8, 2022

Company:

Roland Corporation

Representative:

Gordon Raison, CEO & Representative Director

Contact:(Securities Code: 7944; TSE Prime)
Shunsuke Sugiura, CFO & Director(Tel. +81-53-523-0230)

Notice of Revisions to Financial Result Forecasts
Roland Corporation (the “Company”) hereby announces the revisions to the consolidated financial result
forecasts released on February 10, 2022, in consideration of the recent trends in financial results, asfollows.
1.Revisions to the consolidated financial result forecasts
Revisions to the consolidated financial result forecasts for the fiscal year ending December 31, 2022
(January 1, 2022 to December 31, 2022)
Net sales

Operatingprofit

Ordinary profit

Profitattributable toowners ofparent

Basic earnings
per share

Million Yen

Million Yen

Million Yen

Million Yen

Yen(Announced on Feb 10, 2022)

85,00011,60011,7008,700

316.75

Revised Forecast (B)92,40012,40012,5009,800

357.58Change (B–A)

7,400

800

800

1,100－

Change (%)

8.7％

6.9％

6.8％

12.6％

－80,032

11,093

10,1028,586

312.73

Previous forecast (A)(Reference)Previous fiscal year results(Jan 1, 2021 – Dec 31, 2021)

Note: The Company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, March 31, 2020) from thebeginning of the fiscal year ending December 31, 2022. This Accounting Standard is not applied to the previous fiscal year results.

2.Reasons for the RevisionDuring the six months ended June 30, 2022, the Company went through various obstacles in theexternal environment, including ongoing difficulties in purchasing semiconductors, soaring material andocean freight costs, in addition to the disruption of supply chains triggered by China’s lockdown, theprolonged Russia-Ukraine conflict. Under such circumstances, all these continued efforts, such as tosecure the necessary materials through prompt management decisions, commitment to the optimized
sales prices in response to rising costs in order to meet the increasing demand for electronic instruments
endorsed by the entrenched new lifestyle, and reallocation of the declined sales opportunities in Chinaand Russia to other regions, contributed to the achievement of the first-half consolidated earnings
forecast.
Now the Company has a bright outlook that it can supply the products to meet the higher sales demandthan the before COVID-19 pandemic by enhancing production level backed by aggressive procurement
and labor availability in and after the third quarter and given the fact that the current exchange rates
have been largely fluctuated since the beginning of the year, the consolidated financial result forecasts
have been revised.
Meanwhile, the main currency rates impacting financial results during the six months ended June 30,

2022 are Japanese yen 122.90 per U.S. dollar, 134.30 per EUR, and EUR 1.093 per U.S. dollar. Assumed
rates for the third quarter and onward are Japanese yen 130.00 per U.S. dollar, 137.00 per EUR, andEUR 1.054 per U.S. dollar.

Note: The financial result forecasts contained in this document are prepared based on the information currently
available. Actual results may differ significantly from these forecasts due to a variety of factors going forward.