Notice on Revision to Forecasts for Full-year Results (Consolidated)

February 8, 2019


Company name: Japan Elevator Service Holdings Co., Ltd.
Representative: Katsushi Ishida, President CEO
(TSE First Section, Securities Code: 6544)
Contact: Kimihiko Imamura,
Director, Deputy President and Executive
Officer, CFO
TEL: +81-3-6262-1625


Notice on Revision to Forecasts for the fiscal year ending March 31, 2019 Results (Consolidated)


Japan Elevator Service Holdings Co., Ltd. (the “Company”) announces revision to forecasts for
the fiscal year ending March 31, 2019 consolidated results as follows, released on November 7,
2018.


1. Revision to the consolidated results forecast
Revision to the consolidated results forecast for the fiscal year ending March 31, 2019 (April 1, 2018
to March 31, 2019)
Profit
Operating Ordinary attributable Earnings per
Net sales
profit profit to owners of share
parent
Millions of yen Millions of yen Millions of yen Millions of yen Yen
Previously announced
17,300 1,850 1,850 1,100 27.39
forecast (A)
Revised forecast (B) 17,500 1,920 1,900 1,120 27.88
Difference (B - A) 200 70 50 20
Difference (%) 1.2 3.8 2.7 1.8
(Reference) Results
for the previous fiscal
year 15,326 1,351 1,339 848 21.17
(Fiscal year ended
March 31, 2018)
(Note) The Company conducted a two-for-one share split of its common shares on October 1, 2018.
Earnings per share is calculated under the assumption that the share split was conducted at
the beginning of the fiscal year ended March 31, 2018.


2. Reasons for revisions
Regarding the results for the nine months ended December 31, 2018, sales from maintenance
services (including Preservation) increased higher than expected because the number of elevators
under maintenance contracts remained robust and the major construction has completed.
In addition, it is expected that sales from renewal services for the fourth quarter would exceed
 the initial forecast.
Accordingly, the Company decided to revise the forecast as above.


(Note) The above results forecasts have been prepared based on information available as of the date
of announcement of this document, and actual results may differ from the forecasts due to
various factors.