coconala Inc. revised consolidated earnings guidance for the year ending August 31, 2024. For the year, the company expects sales of JPY 6,570 million against JPY 5,848 million expected previously, Operating profit of JPY 270 million against JPY 10 million expected previously, profit attributable to the owners of the parent of JPY 150 million against JPY 1 million expected previously and Basic earnings per share of JPY 6.27 per share against JPY 0.04 per share expected previously. Regarding the consolidated financial results for the full year ending August 31, 2024, as a result of the acquisition of shares of an consulting Inc. and interests in EK Partners LLC as announced in the "Notice of Acquisition of Shares of an consulting Inc. and Acquisition of Interests in EK Partners LLC and Notice of Borrowing of Funds and Change in Fiscal Year-End for Consolidated Subsidiaries.", and investments related to business development (over JPY 200 million for advertising, personnel, product development, etc.) sliding into the next fiscal year and beyond, sales, operating profit, ordinary profit, and net income attributable to owners of the parent exceeded the previously announced forecasts.

As a result of the above, The Company has revised the previously announced consolidated earnings forecast for the full year.