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.

Consolidated Financial Results
for the Nine Months Ended November 30, 2023
[Japanese GAAP]
January 15, 2024
Company name: MORESCO Corporation
Stock exchange listing: Tokyo
Code number: 5018
URL: https://www.moresco.co.jp/
Representative: Motohisa Morozumi
Representative Director, President
Contact: Hirofumi Fujimoto
Director,Senior Executive Offcer
Phone: +81-78-303-9220
Scheduled date of filing quarterly securities report: January 15, 2024
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 are rounded to the nearest million yen.)
1. Consolidated Financial Results for the Nine Months Ended November 30, 2023 (March 1, 2023 to November 30, 2023)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable toNet sales
Operating profitOrdinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Nine months ended
November 30, 2023
23,731
5.6
1,050
105.5
1,699
48.6
1,335
85.8
November 30, 2022
22,47910.1
511(62.8)
1,144(34.0)
719(58.5)(Note) Comprehensive income:Nine months ended November 30, 2023: ¥2,331 million [20.5%]
Nine months ended November 30, 2022: ¥1,934 million [(17.4) %]Basic earnings
per share
Nine months ended
November 30, 2023
November 30, 2022

Diluted earnings pershare
Yen

Yen

144.6677.24-(2) Consolidated Financial Position
Total assets
Millions of yen
As ofNovember 30, 2023
36,559February 28, 2023
32,017(Reference) Equity: As of November 30, 2023:
As of February 28, 2023:

Net assets

Capital adequacy ratio

Millions of yen¥¥

23,18821,24020,143 million
18,533 million

Net assets per share%Yen

55.1
57.9

2,181.63
2,008.49

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended February 28, 2023

-20.00

-

20.00

40.00

Fiscal year ending February 29, 2024

-

20.00

25.00

45.00

Year-end

Fiscal year ending February 29, 2024
(Forecast)(Note) Revision to the forecast for dividends announced most recently:
No(Note) Breakdown of the 3rd quarter dividend for the fiscal year ending February 29, 2024 :Commemorative dividend- yenSpecial dividend
- yen

Total

3. Consolidated Financial Results Forecast for the Fiscal Year Ending February 29, 2024(March 1, 2023 to February 29, 2024)(% indicates changes from the previous corresponding period.)
Profit attributable to Basic earnings
Net sales
Operating profit
Ordinary profit
owners of parent
per share
Millions ofyen%Millions ofyen

Full year
34,500
13.7
1,400
167.7
(Note) Revision to the financial results forecast announced most recently:

1,600
No%

Millions ofyen%Millions ofyen%

Yen

53.0

700

13.9

75.83

* Notes:(1) Changes in significant subsidiaries during the nine months ended November 30, 2023
(changes in specified subsidiaries resulting in changes in scope of consolidation):
YesNew
1(Company name:
Exclusion:(Company name:(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: No
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
November 30, 2023:
9,696,500 shares
February 28, 2023:
9,696,500 shares
2) Number of treasury shares at the end of the period:
November 30, 2023:
463,720 shares
February 28, 2023:
468,970 shares
3) Average number of shares outstanding during the period:
Nine months ended November 30, 2023:
Nine months ended November 30, 2022:

9,230,508 shares
9,302,938 shares))
No