Q2 FY1/2024 Financial Results

Stock Code:7590
1

BUSINESSSUMMARY

Established

August 1980

Listing market

Tokyo Stock Exchange 1st Section

Capital3,043,620,000 yen

No. of employees

1,169 in the whole Group

Group companies

Japan: 7, overseas: 13

Our group proposes total
garden style

PRO garden exterior field
Proposals for detached houses (new construction, renovation) and house builders

Contract field
Proposals for non-residential buildings such as public works and commercial facilities

Home center, GMS field
Proposals
Proposalsforforhome
homecenters
centersand
andspecialty
specialtystoresstores

E-commerce
Develop online sales from the website

Overseas
Overseas expansion of PRO use and HOME use businesses

2

BUSINESSSUMMARY

We create comfortable and pleasant family
lifestyles with healthy garden spaces
We aim to be a global, one-of-a-kind company that constantly
creates new value, and contributes to the culture of urban
environments and gardens.

We are a company that provides a better garden life globally.

Industrialization and modernization of gardens and exteriors.
Creating a pleasant and healthy life in mentally and physically.

3

01 Q2 FINANCIAL RESULTS≪Topics≫■Application for selection from the prime market to the standard market and compliance status
・Risk of delisting if the standards are not satisfied during the transitional period
・We believe it is important to create an environment in which our shareholders can hold and trade our shares without worry.
On October 20, 2023 (planned) the transition to the "standard market"

After the acquisition of 0.7 million shares of treasury stock: 12,417.8 thousand share price of 806 yen or more is a condition. *As of July 20, 667 yen (8.28 billion yen)

We decided to select the standard market based on our judgment that allocating management resources to execute the plan from a medium-to
long-term perspective, as well as a short-term perspective to satisfy the standards for maintaining the listing of the prime market, will contribute to
our growth and increase our corporate value.
Even after the transition to the standard market, in order to obtain an appropriate valuation in the stock market, the Group will aim to change themarket classification to the prime market again in the future by enhancing corporate value over the medium to long term through the promotion ofbusiness activities, actively conducting IR activities, and enhancing communication with investors.

4

01

PERFORMANCE STATUS

5

01 Q2 FINANCIAL RESULTS≪FY1/24 Q2 Performance Highlights≫(Million yen)

Net sales(Million yen)

13,000Operating income
11,27011,00010,687million yen
97.0％ YoY

386 million yen

7,000

49.1％ YoY

480 million yen
43.7％ YoY

(Million yen)

80 million yen（269 million yen YoY）

FY1/23
Q2

FY1/24
Q2➢ Effect of elimination of unrealized gains: approx.
100 million
Personnel expenses (increase in personnel, salary
increase): up approx. 100 million yen
Increase in advertising expenses: approx. 100
million yen

Net income attributable toowners of parent

1,227

1,200

1,098

786

800
600

386

400
200

FY1/22
Q2

800
600

480

400
FY1/22
Q2

FY1/23
Q2

FY1/24Q2

1,000

225 million yen

600

33.1％ YoY400

FY1/24
Q2

865
679

225
200

➢ Increase in the effective income tax rate

FY1/23
Q2(Million yen)

800

1,000

200
➢ Recognition of foreign exchange gains

FY1/22
Q2

1,163

1,000

10,687

9,000

5,000

Ordinary income

11,022

1,200

FY1/22
Q2

FY1/23
Q2

FY1/24Q2

6

01 Q2 FINANCIAL RESULTS

Sales segment status(Million yen)

PRO use

6,818

7,000
6,609

6,818 million yen
103.2% YoY[Factors for increase]① Increase in brand awareness via TV and web
advertising② Increase in acceptance rate and unit price③ Growth in the lighting business in the non-residential
sector
④ Decrease in EX market by 1.7% compared to last year,
up 3.2% for the Company

6,273
6,000

5,000

※Reflecting the transfer of the previous year's results of overseas-based sales to Overseas Business

FY1/22
Q2

FY1/23
Q2

3,280

3,280

FY1/24
Q2(Million yen)

HOME use

2,769 million yen
84.4% YoY

4,000

[Factors for increase/decrease]① Reactionary fall in demand from COVID-19
disaster(People's consumption temporarily shifts to travel andoutdoor)② Decrease in number of customers due toprice increases and unseasonable weather③ Inventory cutbacks due to excess HC
inventories

3,000

2,769

2,000
FY1/22
Q2

FY1/23
Q2

FY1/24
Q2(Million yen)Overseas business

2,000
1,709

1,081 million yen
96.5% YoY

[Factors for decrease]① Like Japan, people's consumption
transitioned to travel and outdoor.
② People continue to be reluctant to buy due torising prices of lifeline charges and daily
necessities③ Recovery in EC field

1,500

1,120

500
FY1/22
Q2※Reflecting the transfer of the previous year's results of overseas-based sales to Overseas Business

1,081

1,000

FY1/23
Q2

FY1/24Q2

7

01 Q2 FINANCIAL RESULTS

Sales segment status
FY1/23
Q2

Composition
ratio

FY1/24
Q2

Composition
ratio

YoY

PRO use

6,609

60.0%

6,818

63.8%

103.2%HOME use

3,280

29.8%

2,769

25.9%

84.4%

Overseas

1,120

10.2%

1,081

10.1%

96.5%

Other

11

0.1%

18

0.2%

156.0%

Total

11,022100.0%

10,687100.0%

97.0%(Million yen)

≪Sales composition by segment≫
Overseas
Overseas

10.1%

10.2%
HOME
use

29.8%

FY1/23
Q2

HOME
use
PRO use

60.0%

25.9%

PRO use
FY1/24
Q2

63.8
%

8

01 Q2 FINANCIAL RESULTS■Operating Income Trends: parent company and major subsidiaries
Unit: thousand yen

FY1/24 Q2 Operating Income YoY
Current Q2
Takasho (non-consolidated)
Jiangxi + Hong Kong +Jiujiang

Previous
Q2

DigiTech

Garden Create

TOKO SHIZAI

9

01 Q2 FINANCIAL RESULTS

Sales segment status[Issue Points] HOME Use & Overseas Business: Sales by Sales Type
Domestic≪Home improvement store≫
3,500
3,000
2,421
2,500
2,000
1,500
1,000
500
0
FY1/22 Q2
FY1/23 Q2(Million yen)

2,327

≪E-commerce≫

YoY:85.8%

YoY:85.0%(Million yen)

800

1,996

490

600

615

523

400

200
0
FY1/24 Q2

FY1/22 Q2

FY1/23 Q2

FY1/24 Q2※Reference[Komeri] In April and May, the largest sales peak for plant and garden supplies,
Both sales and profits struggled (96.7% QoQ) due to unseasonable weather.
[Nafco] Apr-Jun results in Materials, DIY and Horticultural Products, 95.0% QoQ.

Overseas≪GC/Retail wholesale ≫1,000(Million yen)

800

1,000
800

415

400

820

550

600

180

200

YoY:119.4%(Million yen)

671

600

≪E-commerce≫

YoY:43.5%

657

400
200

0

0

FY1/22 Q2

FY1/23 Q2

FY1/24 Q2

FY1/22 Q2

FY1/23 Q2

FY1/24 Q2

10

01 Q2 FINANCIAL RESULTS[Initiatives] Overseas Business: Sales trends of 3 VegTrug group companies
VEG 3 Companies: YoY Sales Trends(Million yen)
Q1

350

Q2

Q1: Actual: 350 million yen, 58% YoY

Q3

Q4→ Orders decreased reflecting inventory adjustments due to313

excess inventories. Decrease in direct delivery to QVC

300←Previous
period247

250

Q2: Actual: 400 million yen, 139% YoY→ Increase in online sales via Amazon and AceHardware,
etc. Increase in orders from GC stores

200

179

170

164

←This
term

168

150

147
105

Q3: Forecast: 190 million yen, 249% YoY→ Increase in sales via Amazon and other internet sites

138

117

100

82
71

92
74

70

67
85
50

36

0

20

January

February

March

April

May

4 JuneJuly

19

August37

36

September

October34

Q4: Forecast: 410 million yen, 295% YoY→ Increase in direct delivery via Costco and online sales via
Amazon.

November December

Full year: Forecast 1.35 billion yen, 122% YoY
2022

2023(Actual)2023(Forecast)11

01 Q2 FINANCIAL RESULTS[Growth fields] Lighting field: Growth in Takasho Digitec driven by its lighting
effect products■3-Year Result Trends

Increased sales by 280 million yen
compared to the previous Q2
Year-on-year Q2: 124.5%(Million yen)

FY01/2022 Q2

FY01/2023 Q2

FY01/2024 Q2

Net sales

967

1,155

1,437

Gross profit

277

343

462

Operatingincome

75

56

121

Ordinary
income

89

84

117

1,600

1,437
1,400

1,155
1,200

946

Lighting and illumination business

967

1,000

352

810
298

800

379

YoY
362

131.8%●Lighting market size:
Approx. 1 trillion yen
Outdoor lighting: 43.5 billion yen

273
600

The overseas mainstay is low-bolt

1,058
400

802
648

Sign business

604

537
200

●LED Sign Market Size:
YoY

0
FY01/2020 2Q

FY01/2021 2Q

FY01/2022 2Q

Lighting

Sign

FY01/2023 2Q

FY01/2024 2Q

107.7%

・Outdoor advertising market:
Approx. 320 billion yen
・Digital signage market:
Approx. 150 billion yen

01 Q2 FINANCIAL RESULTS

Profit & Loss status
Gross profit margin :(Million yen)

Gross profit

Operating income

Ordinary income

Net income
attributable toowners of parent

44.3% Decreased by 0.6pt. YoY
FY1/23 Q2

FY1/24 Q2

YoY

4,951

4,730

95.5%

786

386

49.1%

1,098
679

480
225

≫ Impact of sales of inventory withhigher costs
・Last year's purchased products: Increasein Inventory unit price due to higher
transportation costs
・Reduce impact by passing on higher
sales prices≫ Increase in net unrealized gains

43.7%

・In transactions with affiliates,
Increase in inventories of own products
at subsidiaries

33.1%

・Increase from 513 million yen to 606
million yen, 93 million yen increase13

01 Q2 FINANCIAL RESULTS

Profit & Loss status: Analysis of SG&A expenses
SG&A to sales ratio:

40.6%

Up by

2.8pt.

➢ Increase in exhibition expenses, etc. due to active sales activities resulting
from the easing of COVID-19-related restrictions➢ Increased DX sales promotions linked to TV commercials and web advertising

to strengthen branding[(Million yen)]

Personnel expenses

Shipping cost
Sales promotion andadvertising expenses

Commissions paid

Travel expenses

Total

FY1/23 Q2

FY1/24 Q2

YoY

1,650
648
399
381
73
4,165

1,766
599
491
359
105
4,343

107.1 %
92.5 %
123.1 %
94.3 %
144.5 %

104.3 %
14

01 Q2 FINANCIAL RESULTS

Balance Sheet Status(Million yen)

Current assets

Fixed assets

Total assets

Current liabilities

Fixed liabilities

Net assets
Total liabilities andnet assets

FY1/23 Q2

FY1/24 Q2Change17,755
8,352
26,108
11,256791
14,06026,10817,2108,728
25,938
11,593
1,265
13,07925,938△ 545

376

Main change factors●Decrease in cash anddeposits 298 million yen●Increase in deferred tax
assets 149 million yen

△ 170

337

●Increase in short-term debt
311 million yen

474●Increase in long-term debt
364 million yen△ 981●Increase in treasury stock
488 million yen

△ 170
15

01 Q2 FINANCIAL RESULTS

Balance sheet status: Interest-bearing debt analysis
・Increase in working capital due to sluggish performance of overseas sales subsidiaries
・Increase due to purchase of treasury stock of 500 million yen
FY1/23 Q2

FY1/24 Q2ChangeFY1/24 Forecast

Working capital

4,755

5,066

311

5,066

Equipment fund

129

93

△ 36

25

Investments andacquisitions

-

500

-

450

Loans receivable

-

-

-

-

4,884

5,659

775

5,591

(Million yen)

Total

16

01 Q2 FINANCIAL RESULTS
Cash flow status● Operating cash flows
・Increase in notes and accounts payable: 741 million yen, Increase in inventories: 28 million yen● Investing cash flows
・Purchase of property, plant and equipment: 317 million yen, Purchase of intangible fixed assets: 91 million yen● Financing cash flows
・Proceeds from long-term borrowings payable: 500 million yen, Purchase of treasury stock: △492 million yen(Million yen)

FY1/23 Q2

FY1/24 Q2ChangeCash flows from operating
activities

△236

1,335

Cash flows from investing
activities△376

Free cash flows

△612

1,099
△396
703
639
5,431

Cash flows from financing
activities
Cash and cash equivalents
Balance at the end of thequarter

416
5,729

△20
1,315
223
△298
17

01 Q2 FINANCIAL RESULTS

Major management indicators status
FY1/23 Q2

FY1/24 Q2ChangeROA(%) Return on assets

3.3

1.5

△ 1.8 pReturn on equity (ROE)

5.6

1.7

△ 3.9 p

0.91

0.87

△ 0.04 x

Shareholders' equity ratio(%)

48.0

45.2

△ 2.8 p

Net assets per share(BPS): yen

794.85769.18△ 25.67 yen

Earnings per share(EPS): yen

38.75

13.13

△ 25.62 yen

FY1/23 Q2

FY1/24 Q2August 25, 2023

Stock price724 yen

667 yen

667 yen

PER

18.68 x50.80 x50.80 xPBR(%) Price Book Value Ratio

18

01 Q2 FINANCIAL RESULTS

FY1/24 Short-term Plan
(Million yen)

43rd term
FY1/23

Ratio to sales

44th term
FY1/24

Sales
Composition ratio

YoY

Net sales

20,351100.0%

22,700100.0%

111.5%

Gross profit

9,006

44.3%

9,823

43.3%

109.1%

SG&A

8,125

39.9%

8,807

38.8%

108.4%

Operating income

880

4.3%

1,016

4.5%

115.3%

Ordinary income

982

4.8%

1,048

4.6%

106.7%Net income attributable toowners of parent

518

2.6%

651

2.9%

125.4%EPS(Yen)

29.60

38.65

Dividend pershare(Yen)

23.00

16.00
19

02

BUSINESS DEPLOYMENT

20

02 BUSINESS DEPLOYMENTBusiness Segments
PRO useContract field
Hotels, inns, restaurants, and other non-residential properties

PRO garden exterior field

CONTRACT

Detached houses (new construction, renovation) and house builders

HOME use
Home center & business market
Home centers, specialty stores, and business-related businessesPRO

E-commerce and web sales
Online sales from the website

Overseas
Overseas expansion of PRO use and HOME use businesses

DIY

21

02 BUSINESS DEPLOYMENTMarket size: Target markets by segment
PRO use■Garden exterior・New houses (approx. 850,000 units)

・Renovation (Total housing: Approx. 62 million units)■Contract■Takasho Digitec

Hotels, facilities, PFI, and digital Garden City
Concept

LED lights, signs, and lighting

EXTERIORHOME use■ Home centers and e-commerce
Development of lifestyle-oriented products

EXTERIORGARDEN

Overseas■HOME use、PRO use
Expansion of physical stores, e-commerce, and sales areas

02 BUSINESS DEPLOYMENTStrengthen group management

TAKASHO: PRO
Contract, PFI, public
Housing Garden & Exterior
Renovation, construction

TAKASHO: HOME

TAKASHO・PRO
Contract, PFI, public
Housing Garden & Exterior
Renovation, construction

Living garden, lifestyle
DIY/HOME use chain
DX, online, membership

TAKASHO: Overseas Business
Overseas sales, VegTrugUK/USA/AUPRO building materials, market and OEM
Overseas distributors, overseas commerce

TAKASHO: GLD-LAB.
Software space sales, digital 3D/4D production and sales
Soft Service, Sotosapo Members
AR/VR, video and content sales
GLD-LAB. Philippines/Domestic G&EX Software

TAKASHOGroup

TAKASHO: DIGITEC
Garden lighting, illumination
Sign, electric products

TAKASHO: Digitel Web
Software space sales, digital 3D/4D production and sales
Soft Service, Sotosapo Members
AR/VR, video and content sales
GLD-LAB. Philippines/Domestic G&EX Software

TAKASHO・GLD-LAB.

Online store for professional and business use
e-commerce
LIVING-G store

02 BUSINESS DEPLOYMENTCEOManagement Structure

Director, Senior Managing Executive Officer

Hiroshi Sohgawa

Nobuo Takaoka

Since new graduate
When the Company started new graduate hiring

Length of service: 35 years

In charge of Human Resources and General Affairs

In charge of Overall GroupManagement

Managing Executive Officer
Managing Executive Officer

Executive Officer
Average age: 49 years old

Kohei Takada

55 years old

50 years old

Length of service: 10 years

Length of service: 27 years

Average lengths of service: 20 years*Excluding those concurrently serving as directors.

Kenji Tsuchida

Since new graduate

Executive Officer

Atsushi Inoue

Takahisa Kitayama
47 years old

51 years old

In charge of Manufacturing andDevelopment

In charge of PRO Use Business
Management

Managing Executive Officer

Length of service: 29 years

Since new graduate

In charge of Finance & Accounting

Formerly at LIXIL and SHINNIKKEI

Length of service: 25 yearsSince new graduate
In charge of HOME Use Business
Management

Executive Officer
Executive Officer

Ryo Nakagawa
49 years old
Length of service: 27 yearsSince new graduate
In charge of Overseas Manufacturing
Subsidiary Management

Executive Officer

Executive Officer

Daisuke Tsukada

Executive Officer

Ryosuke Furusawa

53 years old

Masayuki Anno

50 years old

46 years old

Length of service: 11 years

45 years old

Length of service: 11 years

Length of service: 21 years

In charge of IT & Digital Strategy Promotion

Since new graduate
Length of service: 27 years

In change of Overseas Sales

In charge of Market Creation

Formerly at Hitachi, Ltd.

Since new graduate

Ryohei Utsumi

In charge of Purchasing and Logistics

Formerly at Iris Ohyama

Corporate Advisor
Nobuo Momose

Takahiro Arie

Formerly General Manager of SP Department, Dentsu Inc. and Managing Director of Lotte Corporation

Awarded the Instructor Of The Year twice during his tenure at Digital
Equipment Japan
Established KT Consulting Co.,Ltd.
Senior Managing Director and Senior IT Consultant

Director of Tempology Future Systems Organization

Representative Director of Tempology Future Consortium Inc.

Seijun Nishihata
From 21 years old, he started his career as a plant hunter, traveling around Japan and the world to collect various plants and deliver them uponrequest.
He has delivered plants to botanical gardens, government agencies, corporations, aristocrats, and royalty in Japan and abroad.
In 2012, he established Sora Botanical Garden project, an activity to "plant trees in people's hearts."

Outside Director of our company

24

02 BUSINESS DEPLOYMENTStrengths and Features of TAKASHO

1 Global company

based on health, culture, and the environment

2 Total lifestyle manufacturer
3 Hybrid company

for garden and exterior products from urban development to DIY

that use their own plants for manufacturing and software plants for Web・DX spaces

4 Comprehensive provision of customized spaces

to meet customer needs

As a global company, Takasho contributes with a garden culture and a way of living

02

Business Development:

PRO use26

02 BUSINESS DEPLOYMENTGeneral Residential Field: Market Size and Strategy■Garden exterior
EXTERIOR

1

Enriching lifestyles with garden and exterior fromhouses only for boxes

2

Renovation of gardens in the market of approximately 62
million homes

3

Renovation of 8,480 thousand vacant houses: Provide houses andgardens for living

02 BUSINESS DEPLOYMENTGeneral Residential Field: Market Size and Growth Potential
Home

GardenTotal number of houses: 62,090 thousand units *1
Of which, vacant units: 8,480 thousand units *1
More potential demand

Suggest garden packaging
Example: Assumption of Takasho

0.3 million yen) (*2) → market of approx. 180 billion yen

1% of the total number of houses × garden (Changes in the way of living due to COVID-19 → More personalized, richer, more enjoyable, and more comfortable...
Expanding demand in the DIY lifestyle market
Source*1 Statistical Table of Housing and Land 2018, Ministry of Internal Affairs and Communications※2 Image of the minimum plan price for the "garden package" plan we offer28

02 BUSINESS DEPLOYMENTGeneral Residential Field: Lineup of products that make up the garden exterior space
Home yard roof®

Furniture

All Glass Coach® II

Fence

Car yard

Facade exterior

02 BUSINESS DEPLOYMENTGeneral Residential Field: Web media strategy
TV commercials(6 regions nationwide)
S t a r t e dn e w

p r o m o t i o n
a n d

W e b

D X

N u m b e ro f

e x c e e d s

r e g i s t r a n t s

3 0 0 0 0s a l e sl i n k i n g

T V C Mp l a t f o r m sStrengthen digital sales
through cross-media
strategy

Channel Takasho

Owned media

7 million PV 3 million UU

02 BUSINESS DEPLOYMENTGeneral Residential Field: Promote closing with DX tools and experiential physical showrooms

Garden and Exterior Showrooms
Nationwide, near you.

02 BUSINESS DEPLOYMENTGLD-LAB. Independent Businesses ① Outside Proposal Support ② Sales Promotion Support)

Exterior design support services

Sales promotion support service

Communicate yourexterior image andbudget quickly

Offer a wide variety ofplans

02 BUSINESS DEPLOYMENTContract Field: Market size and strategy■Contract1

Provide space in gardens and exteriors to hotels, facilities,
commercial facilities, and medical and nursing care facilities

2

Renovation of the contract market

3

Strengthen collaboration in the garden field to PFI, Digital Urban City
concept, Smart Village, etc.

02 BUSINESS DEPLOYMENTContract Field: Example of contract field delivery site
Hotels, Commercial facilities,
Schools and Public facilities
Health care facility

02 BUSINESS DEPLOYMENTContract Field: LINKED CITY Concept Collaborative products

Selling price
From 19.1 million yen

02 BUSINESS DEPLOYMENTContract Field: LINKED CITY Concept Collaborative products▼GX Village Image (Night)
Low bolt light
Sign
Illumination
Solar
V2H system
GEMs▲GX Village Image (Lunch)
GX Home (Trailer House)
Deck
Pergola porch
Spa and plumbing
Garden furniture, etc.

02 BUSINESS DEPLOYMENTTAKASHO DIGITEC: Growth with garden lighting, illumination, signage, and light effects

Lighting Business/Illumination Business

Q2YoY

131.8%

Lighting of hotels, inns, and local tourism in Japan(Iwakura Onsen, Yamashiro Onsen, Nozawa Onsen, Gero
Onsen, etc.)

Sign business

Lighting market size:

Q2YoY

107.7%

approx. 1 trillion yen (inside, outdoor lighting approx. 43.5 billion yen)Size of LED
signature market

Outdoor advertising market:

Digital signage market:

Approx. 320 billion yen

Approx. 150 billion yen

02 BUSINESS DEPLOYMENTStrengths of the PRO Use Business
Expansion of hybrid management of real goods and software spaces

Manufacturing factory

Soft factory
4D space design and XR simulation-related businesses
GLD-LAB. Co., Ltd. established on July 27, 2022

[Domestic factories]
Purchase of production facilities and introduction of production systems←Digitec plant increased
Purchasing production equipment

Total
investment[Overseas factories]

1.9 billion
yen

GLD-LAB. Co., Ltd.

Philippine GLD-LAB.

4K Perth Video production

Develop AR simulation apps

Plant construction, stock yard construction←Expansion of Digitec China Plant↓ Incorporation of a new stock yard at the Jiujiang
Factory

02 BUSINESS DEPLOYMENTStrengths of the PRO Use Business: Exhibition TGEF2023

02

Business Development: HOME Use

40

02 BUSINESS DEPLOYMENTHOME use: Market size and strategy■ Home improvement centers and e-commerce

1

Seasonable proposals for distribution routes
Major distribution stores, community-based distribution stores, business stores, lifestyle specialty stores, mail order, and ecommerce2

Strengthen Living Garden brand and increase awareness among
end-users

3

Aim to expand sales of vegetable garden planters by developing avegetable garden lifestyle

02 BUSINESS DEPLOYMENT

Product Policy: Proposing lifestyles that suit your tastes and interests
DIY exterior

Vegetable and flower garden

Living garden / Seasonable garden

Total sales
volume:Over 100,000
units

42

02 BUSINESS DEPLOYMENTApproaching Consumers: Increase end-user awareness through video

Posting of a 45-second
product introduction video

02 BUSINESS DEPLOYMENT

Expand sales of vegetable garden planters
Launched a sales support service for those who want to start a vegetable garden but are worried about whether they can continue, tohelp them continue to enjoy it.

Start × Continue to build × Continue

44

02 BUSINESS DEPLOYMENTStrengths of the HOME Use Business
Japan
USA
EU

UK

India

Home
GlobalFactory

Korea Corp.

AU

Common products

Local products

45

03

Business development: Overseas Business46

02 BUSINESS DEPLOYMENT

Overseas Business: Market size and strategy■Growth in overseas markets

HOME use

1

Expand sales area for online sales such as Amazon

2

Expand sales area to physical stores

3

Global expansion of PRO use businessPRO use02 BUSINESS DEPLOYMENT
Expansion of sales area: Started selling via Amazon in Europe and Americas

Britain, France, Germany
Italian, spanish and other EU countries
CanadaUnited States
Japan

India

Australia

02 BUSINESS DEPLOYMENT

Product Strategy: Planter + Garden products
Future Development: Increase products that can be used throughout thegarden● Planter● Greenhouse● Steel● Pergola● Furniture● Lights & Fountains● New Products49

02 BUSINESS DEPLOYMENTDevelop PRO use products in overseas markets: Expand sales to the U.S. market
Private residence in Miami, Florida
Property price: Approx. 10 billion yen

50

02 BUSINESS DEPLOYMENT
Overseas market expansion of PRO use products: Expanding sales to the U.S. market

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01 Q2 FINANCIAL RESULTS

FY1/24 Short-term Plan
(Million yen)

43rd term
FY1/23

Ratio to sales

44th term
FY1/24

Sales
Composition ratio

YoY

Net sales

20,351100.0%

22,700100.0%

111.5%

Gross profit

9,006

44.3%

9,823

43.3%

109.1%

SG&A

8,125

39.9%

8,807

38.8%

108.4%

Operating income

880

4.3%

1,016

4.5%

115.3%

Ordinary income

982

4.8%

1,048

4.6%

106.7%Net income attributable toowners of parent

518

2.6%

651

2.9%

125.4%EPS(Yen)

29.60

38.65

Dividend pershare(Yen)

23.00

16.00
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The purpose of this report is to provide information on the Company's financial results for the fiscal year
ending January 2024, and not to solicit investments in the Company's shares.
This material has been prepared based on data as of August 25, 2023.
Opinions, forecasts and other statements contained in this material are based on our judgment at the time of
preparation of the materials. We do not guarantee or promise the accuracy or completeness of theinformation, and they may be changed without notice in the future.

"Net income" in this document represents "Net income attributable to owners of parent."

Atsushi Inoue, Corporate Officer, Corporate Management Headquarters Vice
Director
E-mail:soumubu@takasho.co.jp

TEL: +81-73-486-2540

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