ＦＰＧ（7148） – Notification of Revisions to the Financial Results Forecast and Dividend Forecast for the Fiscal Year Ending September 30, 2022

April 26, 2022 Company: Representative: Hisanaga Tanimura, CEO & Founder Financial Products Group Co., Ltd. (Code 7148 on the Prime Market of the Tokyo Stock Exchange) Inquiries: Hiroshi Sakurai, Executive Officer and General Manager, Corporate Planning Dept. (TEL. +81-3-5288-5691) Notification of Revisions to the Financial Results Forecast and Dividend Forecast for the Fiscal Year Ending September 30, 2022 Financial Products Group Co., Ltd. (FPG) has revised its financial results and dividend forecasts for the fiscal year ending September 30, 2022, previously announced on January 31, 2022, based on the latest business performance trends. 1. Revisions to the financial results forecast Revision of the consolidated financial results forecast for the first half of the fiscal year ending September 30, 2022 (From October 1, 2021 to March 31, 2022) (Millions of yen) Net sales Operating income Ordinary income Profit attributable to owners of parent Net income per share Previous forecast (A) Revised forecast (B) Change (B − A) Rate of change (%) (Reference) Results for the first half of FY2021 27,000 31,135 4,135 15.3 8,657 4,400 6,174 1,774 40.3 3,614 4,500 6,421 1,921 42.7 3,226 3,100 36.30 yen 4,417 51.72 yen 1,317 42.5 2,168 25.40 yen Note: Effective from the beginning of the fiscal year ending September 30, 2022, FPG has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29). As a result, the accounting method used for sales of real estate fractional ownership investment products in the Real Estate Fund Business has changed from recording relevant company profit (service fees) as net sales to recording relevant sales volume as net sales. This change in the method of recording net sales has no impact on profits. The net sales above for the first half of FY2021 are from before the application of the Accounting Standard for Revenue Recognition. If the same method were used for sales in the Real Estate Fund Business, net sales (consolidated) would be 18,569 million yen. Revision of the consolidated financial results forecast for the fiscal year ending September 30, 2022 (From October 1, 2021 to September 30, 2022) (Millions of yen) Net sales Operating income Ordinary income Profit attributable to owners of parent Net income per share Previous forecast (A) Revised forecast (B) Change (B − A) Rate of change (%) (Reference) Results for the FY2021 44,000 49,000 5,000 11.4 14,924 7,800 9,700 1,900 24.4 5,233 8,000 10,000 2,000 25.0 5,148 5,400 63.23 yen 6,700 78.45 yen 1,300 24.1 2,946 34.51 yen Note: As with the first half results, the above sales figures for FY2021 are from before the application of the Accounting Standard for Revenue Recognition. If the same method were used for sales in the Real Estate Fund Business, net sales (consolidated) would be 33,584 million yen. Reason for revision In the consolidated financial results for the first half of the fiscal year ending September 30, 2022, FPG has overcome the COVID-19 crisis and expects to exceed the net sales and subsequent profits from previously announced forecasts due to strong sales from relatively higher margin equity placement products in the Leasing Fund Business, and also due to increased sales in the Real Estate Fund Business where virtuous cycle of aggressive structuring and sales activity of the real estate fractional ownership investment products matched the investors’ continuous demands. In light of the first half outlook, FPG has made an upward revision to the full-year forecast for the fiscal year ending September 30, 2022, accordingly. 2. Revision to the dividend forecast Annual dividend per share Interim Year-end Total Payout ratio (consolidated) Previous forecast (Announced on Jan. 31, 2022) Revised forecast Results for the fiscal year ending September 30, 2022 Results for the fiscal year ended September 30, 2021 0.00 yen 0.00 yen 32.00 yen 32.00 yen 40.00 yen 40.00 yen 50.6 % 51.0 % 0.00 yen 18.50 yen 18.50 yen 53.6 % Reason for revision Our basic policy on shareholder returns is to pay continuous and stable dividends while securing the internal reserves necessary for sustainable growth and increased corporate value, with a target consolidated dividend payout ratio of 50%. In accordance with the upward revision of the earnings forecast, we have revised the dividend forecast for the current fiscal year to 40.00 yen per share, based on the above basic policy. Note: The above forecasts are based on judgments made in accordance with currently available information at the time of the announcement. Actual results and dividend may vary depending on various factors.