Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending
March 31, 2025 (Japanese GAAP)
August 9, 2024
Company name:
Mitsui Matsushima Holdings Co., Ltd.
Listed on the TSE/FSE
Stock code:
1518
URL https://www.mitsui-matsushima.co.jp/
Representative: Taishi Yoshioka, Representative Director and President
Satoru Eikawa, Executive Officer, General Manager ofContact:(TEL) 81-92-771-2171
Accounting Department
Expected date of dividend payment:
Supplementary materials for financial results:
Yes (Presentation of Financial Results for the First
Quarter Ended June 2024)
Financial Results Explanation Meeting:None(Note: Figures are rounded down to the nearest million yen.)

1. Consolidated financial results for the first three months of the fiscal year ending March 2025 (April 1,2024, through June 30, 2024)(1) Consolidated results of operations (YTD)
Net sales
million yen(%: Change from the same period of the previous fiscal year)
Net profit attributable
Operating profit
Ordinary profit
to owners of parent%

million yen%

million yen

1Q FY2024
13,536-40.6
1,460-85.2
1Q FY2023
22,80660.6
9,890
182.9(Note) Comprehensive income 1Q FY2024 2,465 million yen (-61.1%)
Net profit per
Diluted net profit
shareper share
1Q FY2024
1Q FY2023

yen senyen sen

115.60547.48——%million yen

%

1,752
-83.0
1,370-80.7
10,302
194.6
7,082
207.5
1Q FY2023 6,335 million yen (77.1%)(2) Consolidated financial position
Total assets

Shareholders’ equity
ratio

Net assets

million yen

million yen%

93,09099,74062,01864,02366.5
63.6

1Q FY2024
FY2023(Reference)
Shareholders’ equity 1Q FY202461,896 million yen

FY202363,448 million yen

2. Dividends
Annual dividend per share
End of 2Q
End of 3Q
Year-end

End of 1Q
yen senyen senyen senTotalyen sen

yen senFY2023
—
40.00
—
60.00
100.00
FY2024—FY2024 (forecast)
50.00
—
50.00
100.00(Note) Revisions to dividend forecast for the current quarter: None(Note) With respect to shareholder returns for the fiscal year ending March 31, 2025, the Company has decided torepurchase its own shares in addition to paying an ordinary dividend.
For details, please refer to the “Notice of Determination of Matters concerning the Acquisition of Own Shares”
disclosed on the same day.

3. Forecast of consolidated financial results for the fiscal year ending March 2025 (April 1, 2024 throughMarch 31, 2025)

Net sales
millionyen

Operating profit%

millionyen%(%: Change from the previous fiscal year)
Net profit
Net profit per
Ordinary profit
attributable toshareowners of parent
millionyen

Full-year
60,000
-22.6
6,000
-76.2
5,900(Note) Revisions to financial forecast for the current quarter: None%million
yen%

yen sen-77.3

6,000-60.3

503.32

*Notes(1) Material changes in subsidiaries during the period
Newly included subsidiaries: —: None; Excluded: —(2) Application of specific accounting procedures for the preparation of thequarterly consolidated financial statements: None(3) Changes in accounting principles, changes in accounting estimates and restatements
1) Changes in accounting principles due to revision of accounting: Yes
standards
2) Changes in accounting principles due to reasons other than 1): None3)

Changes in accounting estimates: None4)

Restatements: None(4) Number of issued shares outstanding (common stocks)
1) Total number of issued shares at the1Q FY2024
end of the period (treasury stocksincluded)2) Number of treasury stocks at the end of
1Q FY2024
the period
3) Average number of shares during theperiod (cumulative from the start of the 1Q FY2024
fiscal year)

13,064,400

FY202313,064,400

1,279,439

FY2023

1,143,539

11,852,911

1Q FY2023

12,937,347(Note) The number of treasury stocks to be deducted for calculating the number of treasury stocks at the end of theperiod includes the Company’s stocks held by the Board Benefit Trust (BBT) (1Q FY2024: 198,800 shares;
FY2023: 62,900 shares).
The number of treasury stocks to be deducted for calculating the average number of shares during the period(cumulative total) includes the Company’s stocks held by the BBT (1Q FY2024: 130,850 shares; 1Q FY2023:70,000 shares).

* Review of the Japanese-language originals of the attached consolidated
quarterly financial statements by certified public accountants or an audit : Nonefirm* Explanation regarding the appropriate use of earnings forecasts and other important matters
The forward-looking statements concerning future performance included in this report are based on theinformation available at the time of this report and certain assumptions we deemed reasonable. Therefore, actual
results may differ significantly from these forward-looking statements due to various factors. For notes regarding
the conditions that serve as assumptions for the earnings forecast and the use of the earnings forecast, pleaserefer to “(3) Explanation Regarding the Consolidated Earnings Forecast and Other Information on FutureProjections” on page 4 of the appended material.