September 30, 2014
Differences between Consolidated Forecasts and Actual Results for the 1st Half of FY2015 and Revisions ofConsolidated Forecasts for FY2015
Star Micronics Co., Ltd. hereby provides a notice regarding differences between the consolidated business
forecasts for the first half of fiscal 2015, the year ending February 28, 2015, announced on April 10, 2014, and theactual results announced today.
Furthermore, in light of the actual consolidated results of the first half of fiscal 2015, Star Micronics has revised
its full-year consolidated business forecasts for fiscal 2015, announced on April 10, 2014.

1. Differences between Consolidated Business Forecasts and Actual Results for the First Half ofFiscal 2015 (March 1, 2014 to August 31, 2014)
Net Sales

OperatingIncome

Ordinary
IncomeNet Income

Net Income
Per Share(Millions of yen)

(Millions of yen)

(Millions of yen)

(Millions of yen)

(Yen)

Previous Forecasts: A

21,400

1,750

1,900

1,300

30.88

Results: B

22,843

2,307

2,503

2,115

50.20

Change: B-A

1,443

557

603

815

Change: B vs. A (%)

6.7

31.9

31.8

62.7

19,254498833227

5.40(Reference) FY2014 Second-quarter2. Revision of Consolidated Business Forecasts for Full-year Fiscal 2015
(March 1, 2014 to February 28, 2015)

Net Sales

OperatingIncomeOrdinary
IncomeNet Income

Net Income
Per Share(Millions of yen)

(Millions of yen)

(Millions of yen)

(Millions of yen)

(Yen)

Previous Forecasts: A

46,500

4,700

5,000

3,600

85.51

Revised Forecasts: B

48,600

5,200

5,500

4,400

104.40Change: B-A

2,100

500

500

800

Change: B vs. A (%)

4.5

10.6

10.0

22.2

(Reference) FY2014

43,481

2,606

3,219

1,143

27.17

3. Reasons
Consolidated results for the first half of fiscal 2015 saw net sales and profits both exceed the previously
announced forecasts due to higher sales across all business segments, along with the impact of currency
exchange rates. Net income for the first half of fiscal 2015 significantly exceeded the previously announced
forecast due to a decrease in income taxes. This reflected the Company’s decision to record deferred tax assets
after reviewing the recoverability of deferred tax assets based on business performance in the first half offiscal 2015 and the outlook for future business results.
The Company has revised its full-year consolidated business forecasts for fiscal 2015 based on businessperformance in the first half of fiscal 2015. These projections assume a foreign exchange rate of ¥100 to US$1,and ¥135 to 1 euro for the third and fourth quarters of fiscal 2015.
* Figures less than one million yen are rounded down. The above forecasts are based on information available tomanagement at the time of release. Investors are warned that a number of uncertainties may cause actual
results to differ materially from forecasts.

（Supplemental Information）
Consolidated Forecasts（By Segment）(Millions of yen)
Fiscal 2015
PreviousForecasts
SpecialProducts

Fiscal 2015
Revised
Forecasts

ChangeAmount(%)

Net Sales

10,24011,290

1,050

10.3

Operating Income

1,340

1,740

400

29.9

Income Ratio (%)

13.1

15.4

Net Sales

32,00032,760760

2.4Operating Income

5,060

5,13070

1.4

Income Ratio (%)

15.8

15.7

Net Sales

4,260

4,550

290

6.8

Operating Income

500

610

110

22.0

Income Ratio (%)

11.7

13.4

Eliminations or Corporate(2,200)(2,280)(80)

Net Sales

46,50048,6002,100

4.5

Consolidated Operating Income

4,700

5,200

500

10.6

Income Ratio (%)

10.1

10.7

Machine
Tools

PrecisionProducts