Istyle : Notice Concerning Revision of Full-Year Consolidated Earnings Forecast

	May 10, 2024
To whom it may concern,
Company name	istyle Inc.
Representative	Tetsuro Yoshimatsu, Chairperson and CEO
	(Stock Exchange Code: 3660 Prime Market)
Contact	Kei Sugawara, Vice Chairperson and CFO
	(TEL.[phone])

Notice Concerning Revision of Full-Year Consolidated Earnings Forecast

istyle Inc. announces the following revision to its full-year consolidated earnings forecast for the fiscal year ending June 30, 2024, previously announced on August 14, 2023.

1. Forecasted consolidated earnings forecast (July 1, 2023 - June 30, 2024)

												Net Income
			Net Sales			Operating			Ordinary			Attributable to			Net Income Per
					Income			Income			Shareholders of the			Share
												Parent Company
	Previously Announced		million yen		million yen		million yen		million yen		yen
	Forecast (A)	50,000		1,200	1,000	700	9.11
	Revised Forecast (B)	55,000		1,700	1,500	1,000	12.89
	Change (B - A)	5,000		500	500	300
	Percent Change (%)	10.0%		41.7%	50.0%	42.9%
	(Reference)
	Consolidated Earnings for the	42,890		817	410	275	3.69
	Previous Fiscal Year
	(Fiscal year ended June 2023)
2. Reasons for the Revision

Net Sales were revised as above due to the fact that for Stores in the Retail Segment, the large flagship store, @cosme OSAKA, which opened in September 2023, greatly exceeded the initial forecast, and that EC in the same Retail Business also grew dramatically due to the success of the special event, @cosme BEAUTY DAY. As a result, Net Sales for the current fiscal year are expected to reach a record high of 55 billion yen.

Profits are expected to significantly exceed the previous forecast, as the increased sales in the Retail Segment contributed to the profits at each stage.