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, 2023
Company name
Representative

Takuma Co., Ltd.
Hiroaki Nanjo,President and Representative Director(Securities code: 6013; 1st Section ofthe Tokyo Stock Exchange)
Hiroyuki Kobayashi,Manager, Corporate Communications &Investor Relations Department
Corporate Planning & Administration
Divisionkoho-ir@takuma.co.jp

Inquiries

E-mailNotice of Revision to Financial Results Forecasts and Revision to (Increase in)the Dividend Forecast for Fiscal Year Ending March 31, 2023
Takuma Co., Ltd. ("the Company") has revised the financial results and dividend forecasts for the fiscal year ending
March 31, 2023, which were announced on November 10, 2022, as described below.

●Revision to Financial Results Forecasts
1.

Revisions to financial results forecasts for the fiscal year ending March 31, 2023 (April 1, 2022 to March 31, 2023)(1) Revisions to consolidated financial results forecasts
Net sales

OperatingprofitOrdinary
profitProfitattributable toowners ofparent

Basic earnings
per sharePreviously announced
forecasts (A)million yen
143,000

million yen
12,300

million yen
13,000

million yen
9,100

yen
113.70

Revised forecasts (B)143,000

13,50014,5009,700

121.20Change (B-A)

―

1,200

1,500

600

Change (%)

―

9.8

11.5

6.6

134,092

9,928

10,647

7,434(Reference) Actual results
for the previous fiscal year
(Fiscal year ended March
31, 2022)

91.53(2) Revisions to non-consolidated financial results forecasts
Net sales

OperatingprofitOrdinary
profitProfitPreviously announcedforecasts (A)million yen
90,500

million yen
7,700

million yen
10,400

million yen
7,800

yen
97.46

Revised forecasts (B)90,5008,600

11,4008,100101.20Change (B-A)

―

900

1,000

300

Change (%)

―

11.7

9.6

3.8

83,669

4,739

6,838

5,508

(Reference) Actual results
for the previous fiscal year
(Fiscal year ended March31, 2022)-1-

Basic earnings
per share

67.82

2.

Reasons for revision(1) Consolidated financial results forecasts
In regard to the Group's financial results forecasts, net sales are expected to remain in line with the previous forecast(announced on November 10, 2022), while operating profit, ordinary profit, and profit attributable to owners of parent
are expected to exceed the previous forecast thanks to factors including steady progress in the construction of previously
ordered plants and robust expansion in recurring revenue model businesses such as the maintenance service and power
retail businesses.
(2) Non-consolidated financial results forecasts
In regard to the Company's financial results forecasts, operating profit, ordinary profit, and profit attributable to ownersof parent are expected to exceed the previous forecast (announced on November 10, 2022)

thanks to factors including

steady progress in the construction of previously ordered plants and robust expansion in recurring revenue modelbusinesses such as the maintenance service.

● Revisions to the dividend forecast
1. Description of revisions to the dividend forecast
Annual dividend
Second quarter-end

Fiscal-year end

Total

Previous forecasts

―

Yen
19.00

Yen
38.00

Revised forecasts

―

24.00

43.00

18.00

36.00

Yen

Actual results for the current
fiscal year
Actual results for the previous
fiscal year (Fiscal year ended
March 31, 2022)

19.00
18.00

2. Reasons for Revision
The Company has adopted a policy of returning profits to shareholders founded on the principle of maintaining a stabledividend while working to strengthen its constitution to ensure competitiveness in an increasingly challenging market andtaking into account a comprehensive range of factors, including business performance.
We plan to increase the year-end dividend forecast for FY2022 by 5 yen from the previous forecast of 19 yen (announcedon November 10, 2022) to 24 yen per share to based on expectations of record profit attributable to owners of parent for
FY2022 and on a comprehensive evaluation of the Company's current financial position and other relevant factors. As aresult, we anticipate an annual dividend for FY2022 of 43 yen per share (including an interim dividend of 19 yen).
The year-end dividend will be officially finalized and paid by resolution of the 119th General Shareholders' Meeting,which is scheduled to be held in June 2023.

Note: The forecasts above have been prepared based on information available as of the day of presentation. Actual results
may vary due to various factors. Actual performance and dividend amounts may diverge from the forecast values
in the future due to a variety of factors.

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