Note: This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy
between the Japanese original and this English translation, the Japanese original shall prevail.

Summary of Non-Consolidated Financial Results
for the Nine Months Ended April 30, 2023
[Based on Japanese GAAP]
June 8, 2023
Company name: SILVER LIFE CO., LTD.
Stock exchange listing: Tokyo
Code number: 9262
URL: https://www.silver-life.co.jp/
Representative: Takahisa Shimizu
President, CEOContact: Hirokazu Masuyama
Director, Administration ManagerPhone: +81-03)6300-5629
Scheduled date of filing quarterly securities report: June 8, 2023
Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: No(Amounts of less than one million yen are rounded down.)
1. Non-consolidated Financial Results for the Nine Months Ended April 30, 2023 (August 1, 2022 to April 30, 2023)(1) Non-consolidated Operating Results(% indicates changes from the previous corresponding period.)
Net salesNine months endedApril 30, 2023
April 30, 2022

Operating profit

Millions of yen% Millions of yen

9,022
8,268

9.1
11.7

554
477

Basic earnings
per share
Nine months endedApril 30, 2023
April 30, 2022

Ordinary profit% Millions of yen

16.1(36.6)

698
583

Net income% Millions of yen

19.8(31.3)

Diluted earnings pershare
Yen

Yen

40.46
35.39

39.92
34.80

(2) Non-consolidated Financial Position
Total assets
As ofApril 30, 2023
July 31, 2022
(Reference) Equity:

Millions of yen

Net assets
Millions of yen

9,281
8,859As of April 30, 2023:
As of July 31, 2022:

Capital adequacy ratio

¥¥

5,746
5,304
5,746 million
5,304 million

%

61.9
59.9

437381%

14.6(29.3)

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended July 31, 2022

-0.00

-

0.00

0.00

Fiscal year ending July 31, 2023

-

0.00

15.00

15.00

Year-end

Fiscal year ending July 31, 2023
(Forecast)(Note) Revision to the forecast for dividends announced most recently:

TotalNo

3. Non-consolidated Financial Results Forecast for the Fiscal Year Ending July 31, 2023(August 1, 2022 to July 31, 2023)(% indicates changes from the previous corresponding period.)
Basic earnings
Net sales
Operating profit
Ordinary profit
Net income
per share
Millions of yen% Millions of yen% Millions of yen

Full year
12,700
13.2
700
24.7
(Note) Revision to the financial results forecast announced most recently:

860% Millions of yen

21.2

550

%

Yen

36.9

50.96

No

* Notes:(1) Accounting policies adopted specially for the preparation of quarterly Non-consolidated financial statements:(2) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: Yes
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(3) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
April 30, 2023:
10,822,000 shares
July 31, 2022:
10,792,400 shares
2) Number of treasury shares at the end of the period:
April 30, 2023:
422 shares
July 31, 2022:
399 shares
3) Average number of shares outstanding during the period:
Nine months ended April 30, 2023:
Nine months ended April 30, 2022:

10,806,080 shares
10,784,672 shares

Quarterly Non-consolidated Financial Statements
Quarterly Non-consolidated Balance Sheets
As of July 31, 2022
AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Merchandise and finished goods
Raw materials and supplies
OtherAllowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings, net
Machinery and equipment, net
Construction in progress
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Accounts payable - trade
Contract liabilities
Lease liabilities
Provision for bonuses
Accounts payable - other
Current portion of long-term borrowings
Income taxes payable
Provision for shareholder benefit program
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Lease liabilities
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Total net assets
Total liabilities and net assets(Thousands of yen)
As of April 30, 2023

1,474,844
1,019,139
287,792
28,053
481,462(58,705)
3,232,587

1,527,633
1,069,594
374,596
42,866
540,783(75,138)
3,480,336

3,016,529
1,305,483
767,050
5,089,063

2,988,392
1,225,472
178,205
804,155
5,196,226

329,146

401,595

223,394(14,666)
208,727
5,626,937
8,859,525

218,403(15,355)
203,0475,800,869
9,281,206

570,916
11,458720
403,436
239,400
54,512
61,52765,544
1,407,517

550,726
9,191
720
13,513
481,691
239,400
153,736
8,021
119,577
1,576,579

1,951,450
2,762
193,417
2,147,630
3,555,147

1,771,900
2,222
184,022
1,958,144
3,534,724

725,645715,6453,864,006(919)
5,304,378
5,304,378
8,859,525

728,102718,1024,301,233(956)
5,746,481
5,746,481
9,281,206

Quarterly Non-consolidated Statements of Income
Quarterly Non-consolidated Statements of Income (For the nine months)(Thousands of yen)
For the nine months
ended April 30, 2022
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Compensation income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Rental expenses
Bad debt expenses
Provision of allowance for doubtful accounts
Depreciation
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Profit

For the nine months
ended April 30, 2023

8,268,264
6,013,627
2,254,636
1,777,449
477,186

9,022,367
6,302,223
2,720,144
2,166,055
554,088

9,146
93,52936,427
139,103

9,551
129,80936,574
175,934

3,816
13,1004,051
6,325
5,66932,962
583,326

3,399
13,625
1,630
2,788
8,711
1,031
31,185
698,838

22,90022,900-18,774
18,774
587,452
162,667
43,169205,836
381,61513
13
698,824
252,653
8,944
261,597437,226