Notice: This document is an excerpted translation of the original Japanese announcement and is only for reference purposes. In the event ofany discrepancy between this translation and the Japanese original, the latter shall prevail.

November 10, 2023

Consolidated Financial Results
for the First Quarter of Fiscal Year Ending June 30, 2024
(Under Japanese GAAP)
Company Name:
Shibuya Corporation
Stock Exchange Listing:Tokyo and Nagoya
Stock Code:6340
URL: https://www.shibuya.co.jp
Representative:
Hidetoshi Shibuya, President and CEO
Contact:
Takashi Kawamura, Executive Vice President
TEL: 076-262-1201
Scheduled Date of the Filing of Securities Report:
November 13, 2023
Scheduled Date of the Start of Dividend Payment:
Availability of Supplementary Material on Financial Results:
None
Quarterly IR Meeting (for Institutional Investors and Analysts): Not scheduled(Amounts less than one million yen are rounded down)

1. Consolidated Financial Results for the First Quarter Ended September 30, 2023 (from July 1, 2023 to September 30, 2023)(1) Consolidated Operating Results(Percentages indicate year-on-year changes)
Net Sales

Profit Attributable toOwners of Parent

Ordinary ProfitMillions of Yen%

Millions of Yen%

Millions of Yen%

Millions of Yen%

22,40514.7919

144.8

883

111.1609

13.2

19,5354.1

375△80.5418△78.6538△60.0First Quarter of Fiscal 2024
First Quarter of Fiscal 2023
(Note) Comprehensive Income

Operating Profit

First Quarter of Fiscal 2024

956 Million Yen (29.2%)

First Quarter of Fiscal 2023

740 Million Yen (△47.0%)

Diluted Profitper ShareProfit per ShareYenYenFirst Quarter of Fiscal 2024

22.02

-

First Quarter of Fiscal 2023

19.46-(2) Consolidated Financial Position
Total Assets

Net Assets

Equity Ratio

Net Assets per Share

Millions of yen

Millions of yen%

Yen

As of September 30, 2023

144,690

90,02962.2

3,253.78

As of June 30, 2023

142,426

90,18063.3

3,259.24(Reference) Equity

As of September 30, 2023

90,022 Million Yen

As of June 30, 2023

90,173 Million Yen

2. Dividends
Dividends per Share
End of 1Q

End of 2Q

End of 3Q

End of 4Q

Yen

Yen

Yen

Yen

Yen

Fiscal Year Ended June 30, 2023

-30.00-40.0070.00

Fiscal Year Ending June 30, 2024

30.00

-40.0070.00

Fiscal Year Ending June 30, 2024 (Forecast)

Total(Note) Revision to the dividend forecast that has been disclosed lastly: None

3. Consolidated Financial Forecast for the Year Ending June 30, 2024 (from July 1, 2023 to June 30, 2024)
Net Sales

Entire Year

Operating Profit(Percentages indicate year-on-year changes)
Profit Attributable toEarnings
Owners of Parentper Share

Ordinary Profit

Millions of Yen%

Millions of Yen%

Millions of Yen%

Millions of Yen%

Yen

108,000

10.4

8,900

10.7

9,000

10.1

6,400

7.9

231.32(Note) Revision to the consolidated financial forecast that has been disclosed lastly: None*Notes(1) Significant Changes in Subsidiaries during the Quarter(Changes in Specified Subsidiaries Resulting in the Change in Scope of Consolidation): None
(2) Application of Particular Accounting Procedures for Preparing Quarterly Consolidated Financial Statements: None
(3) Changes in Accounting Policies, Changes in Accounting Estimates, and Retrospective Financial Restatement
1. Changes in Accounting Policies due to Revisions to Accounting Standards and Other Regulations: None
2. Changes in Accounting Policies due to Other Reasons: None
3. Changes in Accounting Estimates: None
4. Retrospective Financial Restatement: None
(4) Number of Issued Shares (Common Shares)
1. Total Number of Issued Shares at the End of the Period (including treasury shares)
As of September 30, 2023
28,149,877 shares As of June 30, 2023
2. Number of Treasury Shares at the End of the Period
As of September 30, 2023
482,853 shares

As of June 30, 2023

3. Average Number of Shares during the Period
First Quarter of Fiscal 2024
27,667,053 sharesFirst Quarter of Fiscal 2023

28,149,877 shares

482,801 shares

27,667,180 shares* This quarterly financial report is not subject to a quarterly review procedure by a certificated public accountant or an audit firm.
* Explanation for Appropriate Use of Financial Forecasts (Cautionary Note on Forward Looking Statements):
The forecasts on future business results released herein are based on available information and on certain assumptions deemed to bereasonable at the time of the announcement. Actual results may differ from these forecasts due to various reasons.

Shibuya Corporation
Consolidated Balance Sheets(Millions of yen)
As of June 30, 2023
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contractassets
Electronically recorded monetary claims operating
Finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
LandConstruction in progress
Other, net
Total property, plant and equipment
Intangible assets
Other
Total intangible assets
Investments and other assets
Investment securities
Retirement benefit asset
Deferred tax assets
OtherAllowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets- 1 -As of September 30, 2023

42,94642,74327,857

25,1378,649

10,803

444
9,226
4,665
2,019
△395,806

773
10,586
5,338
1,936
△4
97,31521,042
2,996
12,1411,261
1,568
39,01020,7762,874
12,144
1,342
1,570
38,709

473
473

495
495

2,516
2,944
1,183
540
△49
7,135
46,619142,426

2,849
3,388
1,432
549
△49
8,170
47,375
144,690

(Millions of yen)
As of June 30, 2023
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Income taxes payable
Accrued expenses
Contract liabilities
Provision for bonuses
Provision for loss on orders received
Provision for product warranties
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Retirement benefit liability
Provision for retirement benefits for directors (andother officers)
Deferred tax liabilities
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets- 2 -As of September 30, 2023

22,642
2,450
1,099
449
5,427
6,512
442
157
53
1,628
40,864

23,698
2,748
1,065
756
3,450
8,550
1,650
161
53
1,057
43,194

4,604
6,290

4,357
6,744

318

215

64
104
11,381
52,24643
104
11,46654,660

11,392
10,35067,451△440
88,753

11,392
10,35066,954△440
88,256

787

1,005

840
△208
1,419
690,180
142,426

949
△189
1,766
790,029
144,690

Shibuya Corporation
Consolidated Statement of Income(Millions of yen)Three months ended
September 30, 2022
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Foreign exchange gains
Gain on sale of scraps
Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Other
Total non-operating expensesOrdinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of right of using facilities
Total extraordinary income
Extraordinary losses
Loss on disposal of non-current assets
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent- 3 -Three months ended
September 30, 2023

19,535
16,749
2,786
2,410
375

22,405
18,962
3,442
2,522
919

030
61451

8－
118286－29418

952
3658832470－000424
435
△550
△114
538053844879
657△388269
6090609

Shibuya Corporation
Consolidated Statement of Comprehensive Income(Millions of yen)Three months ended
September 30, 2022
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparentComprehensive income attributable to non-controllinginterests- 4 -Three months ended
September 30, 2023
538

609

32
171
23
201
740

218
－
108
19346
956

739

955

00