Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy
between this translated document and the Japanese original, the original shall prevail.

August 9, 2024

Non-consolidated Financial Results
for the First Quarter of the Fiscal Year Ending March 31, 2025
(Under Japanese GAAP)
Company name:TOYO GOSEI Co., Ltd.
Listing:
Tokyo Stock Exchange, Standard Market
Securities code:
4970
URL:
https://www.toyogosei.co.jp/
Representative:
Yujin Kimura, President and Representative Director
Inquiries:
Shiro Shinozaki, General Manager of Financial and Accounting Department
Telephone:+81-3-5822-6170
Scheduled date to commence dividend payments:－Preparation of supplementary material on financial results:
Yes
Holding of financial results briefing:
None(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Non-consolidated financial results for the First Quarter of the Fiscal Year Ending March 31, 2025
(from April 1, 2024 to June 30, 2024)(1) Non-consolidated operating results (cumulative)
Net sales
Three months ended(Percentages indicate year-on-year changes.)

Operating profitOrdinary profit

ProfitMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

June 30, 2024

9,216

21.1

1,302

56.0

1,424

73.5

968

75.3

June 30, 2023

7,611

(17.6)

834(43.1)820(54.1)

552(55.1)

Basic earnings
per share
Three months ended

Diluted earnings
per share
Yen

Yen

June 30, 2024

122.04－

June 30, 2023

69.61

－

(2) Non-consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Millions of yen

Millions of yen

June 30, 2024

60,852

22,666

37.2

March 31, 202459,517

21,825

36.7

Reference:

EquityAs of June 30, 2024:
As of March 31, 2024:¥22,666 million¥21,825 million%

2. Cash dividends
Annual dividends per shareFirst quarter-end

Second quarter-end

Third quarter-end

Yen

Yen

Yen

Fiscal year ended
March 31, 2024
Fiscal year ending
March 31, 2025－

Fiscal year-end

Total

Yen

Yen

20.00

－

20.00

40.00

20.00

－

20.00

40.00

－

Fiscal year ending
March 31, 2025
(Forecast)

Note: Revisions to the forecast of cash dividends most recently announced: None3.

Forecast of financial results for the fiscal year ending March 31, 2025 (from April 1, 2024 to March 31, 2025)(Percentages indicate year-on-year changes.)
Net sales
Millions of yen

Operating profit% Millions of yen

Ordinary profit% Millions of yen

Basic earnings
per share

Profit% Millions of yen%

YenFirst half

18,700

24.2

2,050

58.0

2,000

47.6

1,350

47.2

170.09Full year

38,200

19.5

3,600

2.5

3,500

3.1

2,500

4.3

314.99Note: Revisions to the most recently announced earnings forecasts: Yes

* Notes(1) Adoption of accounting treatment specific to the preparation of quarterly non-consolidated financialstatements: None
(2) Changes in accounting policies, changes in accounting estimates, and restatement(i) Changes in accounting policies due to revisions to accounting standards and other regulations: None(ii) Changes in accounting policies due to other reasons: None(iii) Changes in accounting estimates: None(iv) Restatement: None
(3) Number of issued shares (common shares)(i)

Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2024

8,143,390 shares

As of March 31, 2024

8,143,390 shares(ii) Number of treasury shares at the end of the period
As of June 30, 2024

206,564 shares

As of March 31, 2024

206,564 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscalyear)
Three months ended June 30, 2024

7,936,826 shares

Three months ended June 30, 2023

7,936,913 shares* Review of the Japanese-language originals of the attached quarterly non-consolidated financial statements bycertified public accountants or an audit firm: None

* Proper use of earnings forecasts, and other special matters(Caution concerning statements, etc. regarding the future)
The forward-looking statements such as performance forecasts included in this document are based on theinformation available to the Company at the time of the announcement and on certain assumptions consideredreasonable. Actual results may differ materially from the forecast depending on a range of factors.