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.

August 9, 2024

Consolidated Financial Results
for the Fiscal Year Ended 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 Ordinary General Meeting of Shareholders:
September 27, 2024
Scheduled Date of the Start of Year-End Dividend Payment:
September 30, 2024
Scheduled Date of the Filing of Securities Report:
September 30, 2024
Availability of Supplementary Material on Financial Results:
None
Annual IR Meeting (for Institutional Investors and Analysts):
Not Scheduled(Amounts less than one million yen are rounded down)

1. Consolidated Financial Results for the Fiscal Year Ended June 30, 2024 (from July 1, 2023 to June 30, 2024)(1) Consolidated Operating Results(Percentages Indicate Year-on-Year Changes)Net Sales

Operating Profit

Millions of Yen%

Millions of Yen

Fiscal Year Ended June 30, 2024

115,434

18.0

Fiscal Year Ended June 30, 2023

97,842

1.7(Note) Comprehensive Income%Millions of Yen

13,382

66.5

8,039

△40.0

Fiscal Year Ended June 30, 2024:

12,786 Million Yen (91.1%)

Fiscal Year Ended June 30, 2023:

6,692 Million Yen (△34.9%)

Diluted Profitper ShareProfit per ShareProfit Attributable to
Owners of Parent

Ordinary Profit%

Millions of Yen

13,559

65.9

9,781

65.0

8,171

△40.4

5,928

△36.0

Ordinary Profit toTotal Assets RatioReturn on Equity%

Operating Profit toNet Sales Ratio

YenYen%%%Fiscal Year Ended June 30, 2024

353.54

-

10.2

8.9

11.6

Fiscal Year Ended June 30, 2023

214.29

-6.8

5.8

8.2

(2) Consolidated Financial Position
Total Assets

As of June 30, 2024
As of June 30, 2023
(Reference) Equity

Net Assets

Equity Ratio

Net Assets per Share

Millions of Yen

Millions of Yen%Yen

161,903

101,02962.4

3,651.38

142,426

90,18063.3

3,259.24

As of June 30, 2024:

101,021 Million Yen

As of June 30, 2023:

90,173 Million Yen(3) Consolidated Cash Flows
Cash Flows fromOperating Activities

Cash Flows from
Investing Activities

Cash Flows from
Financing Activities

Cash and Cash Equivalents
at End of Period

Millions of Yen

Millions of Yen

Millions of Yen

Millions of Yen

Fiscal Year Ended June 30, 2024

10,432△3,447△3,04446,894

Fiscal Year Ended June 30, 2023

4,854

△5,3281,215

42,6602. Dividends
Dividends per Share
End of 1Q

End of 2Q

End of 3Q

End of 4Q

Total

Total Cash
Dividends(Total)Dividend
Ratio of Dividends
Payout Ratio
to Net Assets(Consolidated)(Consolidated)

YenYenYenYenYen

Millions of Yen%%

Fiscal Year Ended June 30, 2023-

30.00

-

40.00

70.00

1,936

32.7

2.2

Fiscal Year Ended June 30, 2024

-

30.00

-

60.00

90.00

2,490

25.5

2.6

Fiscal Year Ending June 30,2025 (Forecast)

-

45.00

-

45.00

90.00

27.1

3. Consolidated Financial Forecast for the Year Ending June 30, 2025 (from July 1, 2024 to June 30, 2025)
Net Sales

Operating Profit(Percentages Indicate Year-on-year Changes)
Profit Attributable toProfit
Owners of Parentper Share

Ordinary Profit

Millions of Yen%

Millions of Yen%

Millions of Yen%

Millions of Yen%

Yen

127,000

10.012,600△5.812,800△5.69,200△5.9332.53

Entire Year

*Notes(1) Significant Changes in Subsidiaries during the Period(Changes in Specified Subsidiaries Resulting in the Change in Scope of Consolidation): None
(2) 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
(3) Number of Issued Shares (Common Shares)
1. Total Number of Issued Shares at the End of the Period (including treasury shares)
As of June 30, 2024
28,149,877 shares As of June 30, 2023

28,149,877 shares

2. Number of Treasury Shares at the End of the Period
As of June 30, 2024
483,078 shares

As of June 30, 2023

3. Average Number of Shares during the Period
Fiscal year Ended June 30, 2024
27,666,927 sharesFiscal year Ended June 30, 2023

482,801 shares

27,667,150 shares(Reference)
Overview of Non-Consolidated Financial Results for the Fiscal Year Ended June 30, 2024 (from July 1, 2023 to June 30, 2024)(1) Non-Consolidated Operating Results(Percentages Indicate Year-on-year Changes)
Net Sales

Operating Profit

Ordinary Profit

ProfitMillions of Yen%

Millions of Yen%

Millions of Yen%

Millions of Yen%

Fiscal Year Ended June 30, 2024

82,633

18.2

9,579

91.0

10,143

82.6

7,475

84.3

Fiscal Year Ended June 30, 2023

69,898

9.4

5,015

△40.6

5,554

△42.1

4,056

△57.1

Profit per Share

Diluted Profit per ShareYenYenFiscal Year Ended June 30, 2024

270.19-Fiscal Year Ended June 30, 2023

146.63-(2) Non-Consolidated Financial Position
Total Assets

Net Assets

Equity Ratio

Net Assets per Share

Millions of Yen

Millions of Yen%Yen

As of June 30, 2024

130,080

81,32462.5

2,939.43

As of June 30, 2023

116,586

75,48564.7

2,728.36(Reference) Equity

As of June 30, 2024:

81,324 Million Yen

As of June 30, 2023:

75,485 Million Yen* This financial results report is not subject to an audit procedures 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 receivable - trade
Electronically recorded monetary claims operating
Accounts receivable - trade
Contract assets
Finished goods
Work in process
Raw materials and supplies
OtherAllowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, netLand
Construction 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
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets- 1 -As of June 30, 2024

42,946
1,003

47,196
1,248

8,649

12,80214,570
12,283
444
9,226
4,665
2,019
△395,806

16,872
14,956362
10,115
5,271
3,866
△22
112,668

21,042
2,996
12,1411,261
1,568
39,01020,001
2,639
13,2292,538
1,434
39,843

473
473

551
551

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

3,087
5,176
126
479
△30
8,840
49,234
161,903(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
Provision for loss on disaster
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 June 30, 2024

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

17,817
3,311
907
3,294
5,993
18,181
459
61
49
116
1,225
51,418

4,604
6,290

3,696
5,516

318

166

64
104
11,381
52,24611
63
9,455
60,873

11,392
10,35067,451△440
88,753

11,392
10,35075,296△441
96,597

787

1,090

840
△208
1,419
6
90,180142,426

1,299
2,034
4,424
7
101,029
161,903

Shibuya Corporation
Consolidated Statement of Income(Millions of yen)
Fiscal year ended
June 30, 2023
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Gain on sale of scraps
OtherTotal non-operating income
Non-operating expenses
Interest expenses
Taxes and dues
Foreign exchange losses
Loss on cancellation of insurance policies
OtherTotal non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Gain on sale of right of using facilities
Subsidy income
Gain on bargain purchaseTotal extraordinary income
Extraordinary losses
Loss on sale of non-current assets
Loss on disposal of non-current assets
Compensation for damage
Loss on disaster
Provision for loss on disaster
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 -Fiscal year ended
June 30, 2024
97,842
79,641
18,201
10,161
8,039

115,434
91,356
24,077
10,695
13,382

1558－
37137
249

23
62
163
119
271

37
13
59－
7
118
8,171

36
26－
1120
94
13,559

4
114－
－
20

546－
339
16
409－
325－
－
28
8,163
2,355
△122
2,233
5,929
0
5,928

1113－
42116
183
13,785
4,180
△176
4,003
9,781
09,781

Shibuya Corporation
Consolidated Statement of Comprehensive Income(Millions of yen)
Fiscal year ended
June 30, 2023
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
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 ofparent
Comprehensive income attributable to non-controllinginterests- 4 -Fiscal year ended
June 30, 2024
5,929

9,781

284
193
285
762
6,692

303
458
2,242
3,004
12,786

6,691

12,78501

Shibuya Corporation
Consolidated Statement of Changes in Equity(Millions of yen)
Shareholders' equity
Share capital
Balance at July 1,2022

Capital surplus

11,392Retained earnings

10,350Total shareholders'equity

Treasury shares△440

63,45984,762

Changes during period
Dividends of surplus
Profit attributable to ownersof parent△1,936△1,936

5,928

5,928

Purchase of treasury shares△0△0

Net changes in items otherthan shareholders' equity－－

3,992

△0

3,991

11,392

10,35067,451△440

88,753

Total changes during period
Balance at June 30,2023

Accumulated other comprehensive income

Balance at July 1,2022Valuationdifference on
available-for-salesecurities

Foreign currencytranslation
adjustment

Remeasurementsof defined benefit
plans

Total
accumulated othercomprehensive
incomeNon-controllinginterests

Total net assets

502647△493657

685,425

Changes during period△1,936

Dividends of surplus
Profit attributable to ownersof parent

5,928

Purchase of treasury shares△0Net changes in items otherthan shareholders' equity

284

192

285

762

0762

Total changes during period

284

192

28576204,754

Balance at June 30,2023

787840△2081,419

690,180- 5 -Shibuya Corporation
Consolidated Statement of Changes in Equity(Millions of yen)
Shareholders' equity
Share capital
Balance at July 1,2023

Capital surplus

11,392Retained earnings

10,350Total shareholders'equity

Treasury shares△440

67,45188,753

Changes during period
Dividends of surplus
Profit attributable to ownersof parent△1,936△1,936

9,781

9,781

Purchase of treasury shares△0△0

Net changes in items otherthan shareholders' equity－－7,844△07,843

11,392

10,35075,296△44196,597

Total changes during period
Balance at June 30,2024

Accumulated other comprehensive income

Balance at July 1,2023

Valuationdifference on
available-for-salesecurities

Foreign currencytranslation
adjustment

Remeasurementsof defined benefit
plans

Total
accumulated othercomprehensive
incomeNon-controllinginterests

Total net assets

787

840

△208

1,419

690,180

Changes during period△1,936

Dividends of surplus
Profit attributable to ownersof parent

9,781

Purchase of treasury shares△0Net changes in items otherthan shareholders' equity

303

458

2,242

3,004

03,005

Total changes during period

303458

2,242

3,004

0

10,849

1,090

1,299

2,034

4,424

7101,029

Balance at June 30,2024- 6 -Shibuya Corporation
Consolidated Statement of Cash Flows(Millions of yen)
Fiscal year ended
June 30, 2023
Cash flows from operating activities
Profit before income taxes
Depreciation
Amortization of goodwill
Gain on bargain purchase
Decrease (increase) in retirement benefit asset
Increase (decrease) in retirement benefit liability
Increase (decrease) in provision for retirement benefits
for directors (and other officers)
Increase (decrease) in allowance for doubtful accountsIncrease (decrease) in provision for bonuses
Increase (decrease) in provision for loss on orders
received
Increase (decrease) in provision for loss on disaster
Interest and dividend income
Interest expenses
Subsidy income
Loss (gain) on sale of investment securities
Decrease (increase) in accounts receivable - trade, andcontract assets
Increase (decrease) in contract liabilities
Decrease (increase) in inventories
Increase (decrease) in trade payables
Decrease (increase) in advance payments to suppliers
Increase/decrease in consumption taxes
payable/consumption taxes refund receivable
Other, net
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of investment securities
Proceeds from sale of investment securities
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Purchase of intangible assets
Purchase of shares of subsidiaries resulting in change
in scope of consolidation
Subsidies received
Other, net
Net cash provided by (used in) investing activities- 7 -Fiscal year ended
June 30, 2024

8,163
3,1450－29△813,785
2,935－△16△193402△90△152

17111713102△96－△7437－△11116△8636△339△46△2,197△9,072△2,112△1,0701,788
143

11,509△1,230△4,071△1,390

1,157

△774

69,03772△32△4,222
4,854

483
11,82988△37△1,44810,432

△331
337
△019
△5,886
710
△153

△430
430
△101
65
△3,28315△283－△269－△23△5,328

339
70△3,447

(Millions of yen)
Fiscal year ended
June 30, 2023
Cash flows from financing activities
Proceeds from long-term borrowings
Repayments of long-term borrowings
Dividends paid
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period- 8 -Fiscal year ended
June 30, 2024

4,100
△928
△1,935△201,215－△1,099△1,935△9△3,044

126294868
41,792
42,6604,234
42,66046,894