Member of the Financial Accounting Standards Foundation

Disclaimer: This is a Japanese-English translation of the summary of financial statements of the Company produced for yourconvenience. Since no auditor audited this report, officially only the Japanese version is assumed to be the summary offinancial statements of the Company. This summary does not constitute any guarantee and the Company will not compensate
any losses and/or damage stemming from actions taken based on these statements. Should there be any discrepancy between
the Japanese and English versions, the Japanese version is assumed to be correct.

April 12, 2024

Consolidated Financial Results
for the Third Quarter of the Fiscal Year Ending May 31, 2024
<Japanese GAAP>
Listed company:
INTER ACTION Corporation
Listed stock exchange: Tokyo
Securities code:
7725
URL:
https://www.inter-action.co.jp/en/
Representative:
Nobuo Kiji, CEO & President
Contact:
Tomohiro Kitazawa, Corporate Strategy Team, President’s OfficeTelephone number:+81-45-263-9220
Submission of quarterly report: April 12, 2024
Dividend payment commencement date: –Preparation of explanatory materials for quarterly financial results: Yes
Holding of a briefing on quarterly financial results: Yes (For Institutional Investors, Analysts)(Amounts of less than one million yen are truncated)

1. Consolidated Financial Results for the Cumulative Third Quarter of the Fiscal Year Ending May 31,
2024 (June 1, 2023 to February 29, 2024)(1) Consolidated operating results (Cumulative)
Net sales
Millions of yen(% figures show year-on-year change)

Operating profit%

Millions of yen

Profit attributable toowners of parent

Ordinary profit%

Millions of yen%

Nine months ended
4,880
(4.2)
745 (38.1)
817 (34.7)
February 29, 2024
Nine months ended
5,094
23.3
1,204
1,251
62.4
62.8
February 28, 2023
(Note) Comprehensive income: Nine months ended February 29, 2024: ¥577 million / (29.4)%
Nine months ended February 28, 2023: ¥817 million / 69.7%

549(32.3)

811

68.2

Basic earnings
per share%

Millions of yen

Diluted earnings
per share
Yen

Yen

Nine months ended February 29, 2024

50.54

―

Nine months ended February 28, 2023

74.50

―

(2) Consolidated financial position
Total assets

Shareholders’ equity ratio

Net assets

Millions of yen

Millions of yen%

As of February 29, 2024

12,44810,44983.9

As of May 31, 2023

12,610

10,132

80.4(Reference) Shareholders’ equity: As of February 29, 2024: ¥10,449 million
As of May 31, 2023:¥10,132 million

2. Dividends
Annual dividends
First quarter-end Second quarter-end Third quarter-end

Fiscal year-end

Total

Yen

Yen

Yen

Yen

Yen

Fiscal year ended May 31, 2023

−

0.00

−

25.00

25.00

Fiscal year ending May 31, 2024

−

10.00

−
25.00

35.00

Fiscal year ending May 31, 2024
(Forecast)(Note) Amendment to forecasts of dividends recently announced: None

3. Forecast of Consolidated Financial Results for the Fiscal Year Ending May 31, 2024
(June 1, 2023 to May 31, 2024)(% figures show year-on-year change for the full year and quarter)
Net sales
Millions of yen

Full year

7,711

Operating profit% Millions of yen

12.5

1,474

Profit attributable toProfit per shareowners of parent

Ordinary profit% Millions of yen

1.8

1,521

% Millions of yen

1.2

1,022

%

Yen

4.2

94.04

(Note) 1. Amendment to forecasts of financial results recently announced: Yes
2. The Company has implemented an ESOP and Directors’ stock compensation plan both in the form of stock benefit
trusts. Accordingly, profit per share is calculated based on the average number of shares during the fiscal year,
excluding the number of treasury shares, which includes Inter Action stock held by the stock benefit ESOP trust
accounts and Directors’ compensation stock benefit trust accounts.

* Notes(1) Change in significant subsidiaries during nine months ended February 29, 2024 (changes in specified
subsidiaries affecting the scope of consolidation): None
New: (Company name:) Excluded: (Company name:)(2) Application of special accounting for preparing quarterly consolidated financial statements: None
(3) Changes in accounting policies and estimates, and retrospective restatements(i) Changes in accounting policies in accordance with revision of accounting standards: None(ii) Changes in accounting policies other than item (i) above: None(iii) Changes in accounting estimates: None(iv) Retrospective restatements: None
(4) Number of shares issued (common shares)(i) Number of shares outstanding at end of period (including treasury shares)
As of February 29, 2024

11,510,200 shares

As of May 31, 2023

11,510,200 shares(ii) Number of treasury shares at end of period
As of February 29, 2024
As of May 31, 2023

617,807 shares
672,507 sharesshares(iii) Average number of shares during period
For the nine months ended February 29, 2024

10,870,145 shares

For the nine months ended February 28, 2023

10,890,862 shares(Note) The Company has implemented an ESOP and Directors’ stock compensation plan both in the form of stock
benefit trusts. Accordingly, treasury shares, as stated, include Inter Action stock held by the stock benefit ESOP
trust accounts and Directors’ compensation stock benefit trust accounts.

* Quarterly financial results are not subject to auditing by a certified public accountant or an audit firm.
* Proper use of earnings forecasts, and other special matters
The above forecasts of consolidated financial results are based on certain assumptions on economic situation, market
trends, etc. deemed to be reasonable when the forecasts were made. Consequently, actual results may differ from theforecasts due to a variety of future factors. For details of the above forecasts, refer to “(3) Explanation of forward-looking
information including consolidated earnings forecasts” under “1. Qualitative Information on Quarterly Results” (page 3)of the Attached Materials.

[Attached Materials]
Index
1. Qualitative Information on Quarterly Results…………………………………………………………………………………
(1) Explanation of consolidated operating results …………………………………………………………………………….

22(2) Explanation of financial position ……………………………………………………………………………………….…
(3) Explanation of forward-looking information including consolidated earnings forecasts …………………………………

23

2. Quarterly Consolidated Financial Statements and Notes……………………………………………………………………
(1) Quarterly consolidated balance sheets …………………………………………………………………………….………

4
4(2) Quarterly consolidated statements of income and consolidated statements of comprehensive income……………………
(Quarterly consolidated statements of income)6

June 1, 2023 – February 29, 2024 ………………………………………………………………………….…………
(Quarterly consolidated statements of comprehensive income)6

June 1, 2023 – February 29, 2024………………………………………………………………………….…………
(3) Note regarding the quarterly consolidated financial statements …………………………………………………..………

7
8(Notes on premise of going concern) ………………………………………………………………………….…………
(Notes on significant changes in the amount of shareholders’ equity) …………………………………………..………

88(Additional information) ………………………………………………………………………………………...………
(Segment information) ………………………………………………………………………………………………..…

8
9(Revenue recognition-related information) …………………………………………………………………………...… 11
3. Supplementary explanation of consolidated financial results for the third quarter of the fiscal year ending May 31, 2024…. 12(1) Status of orders ……………………………………………………………………………………………………………

-1-

12

1. Qualitative Information on Quarterly Results(1) Explanation of consolidated operating results
Net sales in the Inter Action Group’s financial results for the first nine months of the consolidated fiscal year
under review fell year on year. This is mainly due to sluggish sales in the Internet of things related works segment.
Operating profit also fell year on year. This is mainly due to weak sales of high-profit products in the Internet ofthings related works segment and a temporary increase in research and development expenditures and otherexpenses for a new businesses in the Industry 4.0 segment.
Compared to the budget for the consolidated fiscal year under review, net sales have generally progressed asbudgeted, while profit has been exceeding the budget mainly in the Internet of things related works segment.
As a result, the Inter Action Group’s financial results for the first nine months of the consolidated fiscal year
under review were as follows. Net sales fell by 4.2 % to 4,880 million yen (compared with 5,094 million yen in
the previous fiscal year); gross profit fell by 25.8% to 1,938 million yen (compared with 2,612 million yen in theprevious fiscal year), largely due to the decrease in gross profit rate; operating profit fell by 38.1% to 745 million
yen (compared with 1,204 million yen in the previous fiscal year); ordinary profit fell by 34.7% to 817 million
yen (compared with 1,251 million yen in the previous fiscal year); and profit attributable to owners of parent
excluding income taxes fell by 32.3% to 549 million yen (compared with 811 million yen of profit attributable toowners of parent in the previous fiscal year).
The overall performance of each business segment was as follows.
(Internet of things related works)
During the first nine months of the consolidated fiscal year under review, net sales to this segment’s externalcustomers fell by 13.4% year on year to 2,767 million yen (compared with 3,194 million yen in the previous fiscal
year), and segment profit decreased by 32.3% to 1,184 million yen (compared with 1,748 million yen in theprevious fiscal year). This is because, in comparison with the same period of the previous fiscal year, sales of thehighly profitable inspection illuminators for overseas customers were sluggish despite strong sales of inspection
illuminators and pupil lens modules for domestic customers.
Although profit declined year on year, profitability has been improving compared to the past with respect toinspection illuminators for domestic customers, due to a shift from existing low-margin models to new models.
(Environmental energy related works)
During the first nine months of the consolidated fiscal year under review, net sales to this segment’s externalcustomers rose by 47.8% to 813 million yen (compared with 550 million yen in the previous fiscal year), andsegment profit was 46 million yen (loss of 32 million yen in the previous fiscal year). This is because, comparedwith the same period of the previous fiscal year, main units in the drying deodorizer equipment area enjoyedstrong sales, and so did main units and high-profit maintenance projects in the exhaust gas treatment area.
(Promotion business of Industry 4.0)
During the first nine months of the consolidated fiscal year under review, net sales to this segment’s externalcustomers fell by 3.6% to 1,299 million yen (compared with 1,348 million yen in the previous fiscal year), andthe segment profit decreased by 93.7% to 6 million yen (compared with 105 million yen in the previous fiscal
year). This decrease reflects sluggish sales of gear testing systems, despite robust sales of precision vibration
isolation systems.
The decrease in segment profit is attributable also to temporary expenses including research and development
expenditures that were incurred in connection with AI image processing equipment as well as laser business andother new businesses.
(2) Explanation of financial position
As of the end of the third quarter of the consolidated fiscal year under review, net assets amounted to 12,448
million yen, a decrease of 161 million yen compared with the end of the previous consolidated fiscal year.
Current assets amounted to 11,176 million yen, a decrease of 120 million yen compared with the end of theprevious consolidated fiscal year. This is mainly attributable to a 244 million yen decrease in electronicallyrecorded monetary claims–operating and a 363 million yen decrease in cash and deposits, despite a 537 million
yen increase in notes and accounts receivable–trade.
-2-Non-current assets amounted to 1,272 million yen, a decrease of 41 million yen compared with the end of theprevious consolidated fiscal year.
As of the end of the third quarter of the consolidated fiscal year under review, liabilities amounted to 1,998 million
yen, a decrease of 479 million yen compared with the end of the previous consolidated fiscal year. This is mainly
attributable to decreases respectively of 294 million yen in income taxes payable and 126 million yen in accounts
payable – other (other current liabilities).
As of the end of the third quarter of the consolidated fiscal year under review, net assets amounted to 10,449
million yen, an increase of 317 million yen compared with the amount held at the end of the previous consolidated
fiscal year. This is mainly attributable to recording of profit attributable to owners of parent of 549 million yen
and a 126 million yen decrease in treasury shares, despite year-end dividends of 274 million yen in the previous
fiscal year and interim dividends of 110 million yen in the current fiscal year.
(3) Explanation of forward-looking information including consolidated earnings forecasts
In light of recent business performance, we have revised the full-year consolidated earnings forecasts for the fiscal
year ending May 31, 2024, disclosed on January 12, 2024. For details, please refer to “Notice Regarding Revision
to Full-Year Consolidated Earnings Forecasts and Publication of Full-Year Non-consolidated Earnings Forecasts
for the Fiscal Year Ending May 31, 2024” released today (April 12, 2024).
Note that this full-year earnings forecast could change depending on factors such as social conditions and market
trends in Japan and overseas. Actual results could differ from the forecasts depending on a range of factors.

-3-

2.

Quarterly Consolidated Financial Statements and Notes(1) Quarterly consolidated balance sheets(Unit: Thousands of yen)
As of May 31, 2023
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable–trade
Electronically recorded monetary claims–operating
Operational investment securities
Merchandise and 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
Land
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets-4-

As of February 29, 2024

6,863,003
848,689
730,787
39,149137,205
1,791,333
712,967
201,988(28,702)
11,296,423

6,499,642
1,386,474
486,706
41,958110,719
1,823,078
741,201
119,974(33,504)
11,176,251

244,800
165,149
231,607641,556

235,292
165,149
248,811649,252

137,039
32,032
169,072

100,40747,332
147,739

130,430
385,694(13,018)
503,106
1,313,735
12,610,159

130,475
356,776(11,933)
475,318
1,272,311
12,448,562

(Unit: Thousands of yen)
As of May 31, 2023
Liabilities
Current liabilities
Notes and accounts payable–trade
Short-term borrowings
Current portion of long-term borrowings
Income taxes payable
Provision for bonuses
Provision for product warranties
Provision for share awards for directors (and other officers)
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Provision for share awards
Retirement benefit liability
Asset retirement obligations
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
Foreign currency translation adjustment
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets-5-

As of February 29, 2024

454,887
340,000
63,936306,275－
15,979167,000
532,116
1,880,193

465,226
440,000
60,746
12,22139,75911,42190,800410,8101,530,986

460,018
9,362
98,827
10,15019,308597,666
2,477,859

321,466
10,603
106,100
10,15019,362
467,681
1,998,668

1,760,299
3,352,855
6,122,593(1,109,626)
10,126,122

1,760,299
3,352,578
6,286,464(983,428)
10,415,914

6,176
6,176
10,132,299
12,610,159

33,97933,97910,449,894
12,448,562

(2) Quarterly consolidated statements of income and consolidated statements of comprehensive income(Quarterly consolidated statements of income)(June 1, 2023 – February 29, 2024)(Unit: Thousands of yen)
Nine months ended
February 28, 2023
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Income from assets for rent
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Expenses of assets for rent
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
ProfitProfit attributable to owners of parent-6-

Nine months ended
February 29, 2024

5,094,239
2,482,230
2,612,008
1,407,606
1,204,402

4,880,761
2,942,706
1,938,055
1,192,971
745,083

7,815
120
6,930
36,868
8,936
60,67020,354120
13,23032,30820,982
86,995

6,026
5,957
1,783
13,7671,251,306

4,123
6,049
4,545
14,719817,359

227
227

27
27

－
－
1,251,533
404,368
35,751
440,119
811,414
811,414538
538
816,848
219,219
48,234
267,453
549,394549,394

(Quarterly consolidated statements of comprehensive income)(June 1, 2023 – February 29, 2024)(Unit: Thousands of yen)
Nine months ended
February 28, 2023
ProfitNine months ended
February 29, 2024

811,414549,394

Other comprehensive income
Foreign currency translation adjustment

6,033

27,802

Total other comprehensive income

6,033

27,802

817,447

577,197

817,447－

577,197－

Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests-7-(3) Note regarding the quarterly consolidated financial statements(Notes on premise of going concern)
No items to report.
(Notes on significant changes in the amount of shareholders’ equity)
The main change during the first nine months of the consolidated fiscal year under review was the disposal oftreasury shares through a third-party allotment to the Board Benefit Trust account, in accordance with theresolution made at the meeting of the Board of Directors held on July 12, 2023. The disposal resulted in a decreaseof 81,000 shares (113,920 thousand yen) of treasury stock, and an increase of 81,000 shares (113,643 thousandyen) of the Company’s stock in the Board Benefit Trust account.
In connection with the Board Benefit Trust, the Company sold 22,800 shares (52,637 thousand yen) of theCompany’s stock for payment of cash benefits to eligible beneficiaries, and granted 31,700 shares (73,183
thousand yen) of the Company’s stock to eligible beneficiaries.
As a result, treasury shares decreased by 126,198 thousand yen to 983,428 thousand yen as of the end of the third
quarter of the consolidated fiscal year under review.
Furthermore, due to the above-mentioned disposal of treasury shares through third-party allotment in the firstnine months of the consolidated fiscal year under review, capital surplus decreased by 277 thousand yen, bringing
the balance of capital surplus as of the end of the third quarter of the consolidated fiscal year under review to3,352,578 thousand yen.
(Additional information)(Stock benefit trust system that delivers company shares to employees through the trust)
1. Overview of transactions
The Company has adopted an incentive plan “Employee Stock Ownership Plan (J-ESOP)” (hereinafter, “theSystem”) for employees that offers them a stake in the Company’s shares. We hope this will help to enhance
employee motivation and morale, and thereby the Company’s stock price and performance, by increasing thecorrelation between our stock price, business performance, and the treatment of employees, and sharing the
economic effects with our shareholders.
The system is a mechanism for distributing the Company’s shares to employees that meet certain criteria in
accordance with the stock benefit regulations established in advance by the Company. The Company willaward employees points according to their personal contribution, etc. and distribute shares equivalent to thepoints awarded when the entitlement is gained under certain conditions.
2. Shares of the company remaining in trust
Company shares remaining in trust are to be recorded at book value as “treasury shares” (excluding the amountof incidental costs) under net assets. The treasury shares in question had a book value of 13,486 thousand yen(26,900 shares) at the end of the previous fiscal year, and 13,385 thousand yen (26,700 shares) at the end of thethird quarter of the consolidated fiscal year under review.
(A performance-linked stock compensation system that distributes the company's shares via a trust to thedirectors)
1. Overview of transactions
We have adopted a “Board Benefit Trust” (hereinafter, “BBT”) that awards the Company’s shares to directors.
The purpose of the BBT is to further clarify the correlation between the remuneration of directors and theCompany’s performance and stock value. We hope this will not only contribute to boosting the stock price, butalso contribute to increasing awareness of the importance of improving earnings and expanding corporate value
over the longer term by sharing the risk of stock price downside with shareholders.
In the BBT system, the Company’s stock is acquired through a trust using funds contributed by the Company.
The BBT is a performance-based stock compensation plan in which the Company’s stock is paid annually
through a trust based on points granted to directors in accordance with their position and performance basedon the director stock benefit regulations established by the Board of Directors.
2. Shares of the company remaining in trust
Company shares remaining in trust are to be recorded at book value as “treasury shares” (excluding the amountof incidental costs) under net assets. The treasury shares in question had a book value of 367,080 thousand yen(127,228 shares) at the end of the previous fiscal year, and 354,902 thousand yen (153,728 shares) at the end of
the third quarter of the consolidated fiscal year under review.
-8-

(Implications of Russia–Ukraine situation for accounting estimates)
As the future of the Russia–Ukraine situation is unclear and its impact on economic activities is highly uncertain,
we need to pay attention to any developments in the situation in the period ahead. However, we do not expect
these to have a major impact on accounting estimates for the end of the third quarter of the consolidated fiscal
year under review.
(Segment information)
I. For the first nine months of the fiscal year ended May 31, 2023 (June 1, 2022 to February 28, 2023)
1. Information on net sales and the amount of profits (losses) by reportable segment(Unit: Thousands of yen)Internet of things related Environmental energy Promotion business ofworks
related works
Industry 4.0

Total

Net sales
Sales to external customers

3,194,765

550,709

1,348,763

5,094,239

－

－

－

－

Total

3,194,765

550,709

1,348,763

5,094,239

Segment profit (loss)

1,748,457(32,058)

105,839

1,822,238

Intra-segment internal sales andtransfer amount

2. Difference between total amount of profits (losses) of reportable segments and the corresponding amountreported in the quarterly consolidated statements of income, and the key components of such difference(reconciliation)(Unit: Thousands of yen)
IncomeAmountTotal of reportable segments

1,822,238

Company-wide expenses(Note)(559,610)Inter-segment eliminations

299

Adjustment of inventories(58,525)

Operating profit in the quarterly consolidated statements of income

1,204,402(Note) Company-wide expenses mainly consist of expenses incurred by the Company’s head office administrative operations that are
not attributable to the reportable segments.

3. Information on impairment loss for non-current assets or goodwill of each reportable segment
No items to report.

-9-II. For the first nine months of the fiscal year ending May 31, 2024 (June 1, 2023 to February 29, 2024)
1. Information on net sales and the amount of profits (losses) by reportable segment(Unit: Thousands of yen)Internet of things related Environmental energy Promotion business ofworks
related works
Industry 4.0

Total

Net sales
Sales to external customers

2,767,089

813,821

1,299,850

4,880,761

－

－

518

518

Total

2,767,089

813,8211,300,368

4,881,279

Segment profit (loss)

1,184,250

46,5396,660

1,237,450

Intra-segment internal sales andtransfer amount

2. Difference between total amount of profits (losses) of reportable segments and the corresponding amountreported in the quarterly consolidated statements of income, and the key components of such difference(reconciliation)(Unit: Thousands of yen)
IncomeAmountTotal of reportable segments

1,237,450

Company-wide expenses(Note)(474,690)

Inter-segment eliminations

48

Adjustment of inventories(17,724)

Operating profit in the quarterly consolidated statements of income

745,083(Note) Company-wide expenses mainly consist of expenses incurred by the Company’s head office administrative operations that are
not attributable to the reportable segments.

3. Information on impairment loss for non-current assets or goodwill of each reportable segment
No items to report.

- 10 -

(Revenue recognition-related information)
Disaggregated information on revenue from contracts with customers
For the first nine months of the fiscal year ended May 31, 2023 (June 1, 2022 to February 28, 2023)(Unit: Thousands of yen)Internet of things
related works
Goods transferred at a point in time
Goods transferred over time
Revenue from contracts with customers
Other revenue(Note)
Sales to external customers

Environmental energy Promotion business ofrelated works
Industry 4.0

Total

3,194,765

544,109

1,348,763

5,087,639

－

－

－

－

3,194,765

544,109

1,348,763

5,087,639

－

6,660

－

6,660

3,194,765

550,709

1,348,763

5,094,239(Note) Other revenue is that recognized in “Accounting Standard for Financial Instruments” (Accounting Standards Board of Japan(ASBJ) Statement No. 10).

For the first nine months of the fiscal year ending May 31, 2024 (June 1, 2023 to February 29, 2024)(Unit: Thousands of yen)Internet of things
related works
Goods transferred at a point in time
Goods transferred over time
Revenue from contracts with customers
Other revenue(Note)
Sales to external customers

Environmental energy Promotion business ofrelated works
Industry 4.0

Total

2,767,089

807,512

1,299,850

4,874,452

－

－

－

－

2,767,089

807,512

1,299,850

4,874,452

－

6,308

－

6,308

2,767,089

813,821

1,299,850

4,880,761(Note) Other revenue is that recognized in “Accounting Standard for Financial Instruments” (Accounting Standards Board of Japan(ASBJ) Statement No. 10).

- 11 -

3. Supplementary explanation of consolidated financial results for the third quarter of the fiscal year
ending May 31, 2024
(1) Status of orders
In the first three quarters of the consolidated fiscal year under review, despite a year-on-year decrease in net salesof the Group as a whole, the amount of orders received and backlog of orders both increased significantly notably
in the Internet of things related works and Promotion business of Industry 4.0 segments.
In the Internet of things related works segment, these increases are attributable to slow capital investment demand
among our customers for image sensor manufacturing in the previous fiscal year, and also to robust capital
investment demand mainly among domestic customers in the fiscal year under review.
Looking ahead at the trend in customers’ capital investment demand, the situation of overseas customers continues
to be unclear but we anticipate that domestic customers will maintain their robust capital investment demand as
it is expected that their stance to improve production capacity and increase utilization rate will continue over the
medium to long term.
In the Promotion business of Industry 4.0 segment, the increases are attributable largely to a year-on-year increasein orders received in the gear testing systems area.
Orders received

Segment

Internet of things related works

First nine months of theFirst nine months of the current
previous consolidated
consolidated
fiscal year
fiscal year
Change(June 1, 2022 to(June 1, 2023 to
February 28, 2023)
February 29, 2024)
Amount of
Backlog ofAmount of
Backlog ofAmount of
Backlog oforders received
ordersorders received
ordersorders received
orders(Thousands of (Thousands of (Thousands of (Thousands of (Thousands of (Thousands of
Yen)
Yen)
Yen)
Yen)
Yen)
Yen)
1,872,098

2,077,007

4,523,060

3,402,353

2,650,962

1,325,345

Environmental energy related works

641,639

774,604

519,090495,841(122,549)(278,763)

Promotion business of Industry 4.0

1,016,948

219,084

1,286,753

433,089

269,804

214,005

Total

3,530,686

3,070,696

6,328,903

4,331,284

2,798,217

1,260,587(Note) The above amounts do not include results of the operations which engage in make-to-stock production.

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