News ReleaseLawson Revises Earnings Forecasts

NEWS RELEASE

TOKYO, JAPAN, 9 29, 2021

Lawson, Inc. has revised its earnings forecasts for the first half of fiscal 2021 ending February 28, 2022. The previous forecasts were announced on April 8, 2021.

Ⅰ. Revision to Consolidated Earnings Forecasts

 1. Revision to Earnings Forecasts for the First Half of Fiscal 2021 (March 1, 2021 to August 31, 2021)

(Consolidated)
Gross
operating
revenue
Operating income Ordinary income Profit attributable
to owners of
parent
Profit per share
Millions of yen Millions of yen Millions of yen Millions of yen Yen
Previous forecast (A) 358,000 26,500 24,500 13,000 129.91
Revised forecast (B) 348,768 26,706 27,830 17,405 173.93
Change (B-A) -9,232 206 3,330 4,405  
Change (%) -2.6% 0.8% 13.6% 33.9%  
(Reference)Fiscal 2020 ended February 28, 2021 332,890 16,690 14,862 3,307 33.05

 2. Reasons for Revision

We expect ordinary income and profit attributable to owners of the parent to exceed our initial forecasts on the back of investment dividends and profits from the sale of cross-shareholdings and we are adjusting our business estimates as a result.
Lawson, Inc. will promptly announce any revisions to our full-year business estimates that are deemed necessary based on future performance trends.

Note: The above forecasts are based on information available as of the date of publication of this document. Actual results may differ from these forecasts due to a variety of factors.

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