NTN Corporation (the Company) hereby advises that a difference has arisen as follows between the forecast
of consolidated earnings for the six months ended September 30, 2017 announced on May 12, 2017, and the
actual results that were announced today.
The full-year earnings forecast for the fiscal year ending March 31, 2018 that was announced on May 12,
2017 has also been revised as follows based on the results of this six months ended September 30, 2017.
1. Difference between Forecast of Consolidated Earnings for Six Months Ended September 30, 2017 and
Actual Results (April 1 to September 30, 2017)



2. Revision to Consolidated Earnings Forecast for Fiscal year Ending March 31, 2018
(April 1, 2017 to March 31, 2018)



3. Reason for Difference and Revision
Earnings for the six months ended September 30, 2017 surpassed the forecast chiefly because there were a
recovery of customer demands and the exchange-rates effects and also the Company does not record the loss
related to Anti-monopoly Act as estimated.
The full-year earnings forecast has been revised based on the results of this six months ended September 30,
2017. The Company plans to use an exchange rate of 1US$ = 110 yen and 1EURO = 125 yen for the third
quarter and on.
* The earnings forecast above has been created based on data current as of the date of this announcement,
and actual earnings may differ from these figures for earnings forecast.