Nakanishi Inc. (the “Company”) hereby announces difference between financial forecasts
announced on February 13, 2024 and actual results for the first half of the fiscal year
ending December 31, 2024. Details are as follows. In addition, the Company has revised
its full-year financial forecasts, announced on February 13, 2024, as follows.

Kanuma, Aug. 9, 2024

Contact
Investors
Daisuke Suzuki
Corporate Vice President & Group CFO

Masatoshi Akiya
Net sales

EBITDA

OperatingprofitOrdinary
profitProfit attributableto owners of parentEarnings
per share

Millions of JPY

Millions of JPY

Millions of JPY

Millions of JPY

Millions of JPY

JPY

Previous forecasts(A)

35,534

8,409

5,854

6,096

4,111

48.20

Actual results(B)

38,557

11,051

8,287

10,522

7,026

82.88

Change(B-A)

3,023

2,642

2,432

4,425

2,915

-

Change

(%)

8.5

31.4

41.6

72.6

70.9

-

(Reference)
Actual results for the six months
ended June 30, 2023

28,259

9,379

8,038

11,039

7,972

93.74

Head of Corporate Communication

Nobue Ebihara
Corporate Communication Specialist

Saki Tabei
Corporate Communication Specialist

ir@nsk-nakanishi.co.jp

MediaYukino Kurosawa
Corporate Communication Specialist

Kazuki Takagi
Corporate Communication Specialist

pr@nsk-nakanishi.co.jp

About Nakanishi inc.
Net sales

EBITDA

OperatingprofitOrdinary
profitProfit attributableto owners of parent

Earnings
per share

Millions of JPY

Millions of JPY

Millions of JPY

Millions of JPY

Millions of JPY

JPY

Previous forecasts(A)

74,432

17,77012,652

13,0888,894

104.28

Revised forecasts(B)

75,20819,013

13,427

14,635

9,652

113.85

Change(B-A)

776

1,242

775

1,547

758

-

Change(%)

1.0

7.0

6.1

11.8

8.5

-

59,692

17,71014,25117,193

22,799(Reference)
Actual results for the previous fiscal
year ended December 31, 2023

267.62

Nakanishi raises as our mission thecreation of “brilliant progress” via
innovative “grinding technology”
through the lens of our corporate
philosophy “Our Core” values.
We aim to contribute to thedevelopment of medical care andthe realization of a better life for all
by creating new technology.
Based on “grinding technology”,
we have a differentiated productlineup under world-class brands inthe dental, surgical, and industrial
business fields, and are sold in 145
countries around the world.

Actual results for the first half exceeded the forecasted values announced on February 13, 2024, due
to DCI’s results exceeding its forecast and effect of the ongoing depreciation of the yen.
The full-year financial forecasts announced on February 13, 2024 has been revised upward considering
actual results for the first half and the revision of the assumed exchange rates, although the current
business environment remains challenging.
Financial forecasts in and after the third quarter is based on exchange rates assumptions of 140.00
JPY/USD and 155.00 JPY/EUR.

Note:

The forecast values included in this document were prepared based on information available as of the current point
in time. Actual consolidated results may differ materially from the forecasts due to a variety of factors.
This document is a translation of the original Japanese document and is only for reference purposes. All readers arerecommended to refer to the original version in Japanese of the release for complete information.

Source: Nakanishi Inc. www.nakanishi-inc.jp/ir/irnews

Nakanishi will continue to work
together with all employees of thegroup companies to create
innovative products that only we cancreate and contribute to the lives andhealth of people around the world.
The company’s shares are listed in
the Tokyo Stock Exchange.
Visit www.en.nakanishi-inc.jp for
more information about NakanishiInc. and our business.