May 15, 2024
Company:CYBERDYNE Inc.

Name ofRepresentative:

Yoshiyuki Sankai,President and CEO

Code:

7779 (Growth Section of the Tokyo StockExchange)

Contact:

Shinji Honda, Director and COO(Tel. +81-29-869-9981)

Notice of financial income, financial expense (consolidated), a notice of extraordinary losses(non-consolidated), and a notice of differences between the financial results of previous fiscal
year and present fiscal year
CYBERDYNE Inc. (the “Company”) announces that it has recorded financial income, financial expenses,
investment accounted for using the equity method (on a consolidated basis), and extraordinary losses (on a nonconsolidated basis) for the fiscal year ended March 31, 2024, as follows. Furthermore, the Company alsoannounces changes in the consolidated financial results and the results of the previous fiscal year, as follows.
1. Financial income, financial expenses, and equity in losses of affiliated companies(1) Financial income (consolidated)
As a result of the fair value assessment of investment securities held by the Group, the Company
recorded ¥256 million from gains from valuation difference of investment securities as financial incomein the consolidated financial statements for the fiscal year ended March 31, 2024.
(2) Financial expense
Of the investment securities held by the Group, the Company recorded ¥463 million from loss fromvaluation difference of investment securities as financial expenses for shares with significantly declined
real value.
(3) Impact on the business results
For details on the impact on the business results caused by the items above, please refer to the financial
result for the fiscal year ended March 31, 2024, which was announced on the same date as thisdocument.
2. Extraordinary loss (non-consolidated)(1) Outline of extraordinary loss
Among loans to affiliated companies, the Company recorded an extraordinary loss of ¥120 million forprovision of allowance for doubtful accounts for loans whose collectability has declined.
(2) Impact on consolidated business performances
The above extraordinary losses will be eliminated in the consolidated financial statements and will haveno impact on consolidated results.

3. Differences between the financial results of previous fiscal year and present fiscal year
(1) Difference between the financial results of previous fiscal year and present fiscal year
Operating profit

Profit attributable toowners of parent

3,289-1,145

-298

-1.39

4,354

-2,018-1,476-6.99

Difference (B－A)

1,065

-873

-1,178－Difference in ratio (%)

32.4－－－Revenue
Result ofprevious fiscal year (A)Result ofpresent fiscal year (B)Net profit
per share(2) Reasons for differences
For the fiscal year ended March 31, 2024, the Company recorded revenue of ¥4,354 million (animprovement of 32.4% year on year) due to the rental of HAL and other equipment outside Japan andan increase in revenue from service offered through its group companies in U.S. and Europe. The grossprofit was ¥2,393 million (an improvement of 33.6% year on year).
R&D expenses were posted at ¥877 million (an increase of 19.4% year on year) due to the in-housedevelopment of new products and consigned research projects, as in the previous year. Other selling,
general and administrative expenses were posted at ¥3,251 million (increase of 35.2% year on year) as aresult of M&A.
Other income was posted at ¥424 million (an increase of 100.0% year on year) due to income fromconsigned research, etc. Other expenses were posted at ¥707 million (¥8 million in the previous fiscalyear) due to an impairment loss on goodwill related to C2, a domestic subsidiary, resulting in anoperating loss of 2,018 million yen (¥1,145 million in the previous fiscal year).
In addition, financial income was posted at ¥543 million, mainly due to the gain on valuationdifference of investment securities, gains related to CEJ Fund were posted at ¥796 million, and income
tax expense was ¥507 million due to deferred tax expense. As a result, the loss attributable to owners of
the parent company was ¥1,476 million (¥298 million in the previous fiscal year).