Translation.
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Three Months Ended November 30, 2023
(Based on Japanese GAAP)
January 9, 2024
Company name:

HIMARAYA Co.,Ltd.

Stock exchange listing: Tokyo, Nagoya
Stock code:

7514

Representative:

President and CEO

URL https://www.hmry.jp/Inquiries:

General Manager of Administration and CFO

Manabu OdaNobuaki Mitsui

Scheduled date to file Quarterly Securities Report:

TEL 058-271-6622

January 12, 2024

Scheduled date to commence dividend payments:–Preparation of supplementary material on quarterly financial results:

Yes

Holding of quarterly financial results meeting:No(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the three months ended November 30, 2023 (from September 1, 2023 to November 30, 2023)(1) Consolidated operating results (cumulative)
Net sales

Operating profit

Millions of yen
Three months ended November 30, 2023
Three months ended November 30, 2022

% Millions of yen

13,475
13,557

(0.6)
2.5

(64)
367%
–(22.7)

Yen

Diluted earnings pershare
Yen

Three months ended November 30, 2023

4.26

–

Three months ended November 30, 2022

24.36

–

Earnings per share

Percentages indicate year-on-year changes
Profit attributable toOrdinary profit
owners of parent
Millions of yen% Millions of yen%
(17)
397–
(27.5)

52 (82.5)298 (11.9)(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen%

As of November 30, 2023

41,92016,42939.2

As of August 31, 2023

35,54016,59046.7

2. Cash dividends
Annual dividends per share
1st quarter-end
Year ended August 31, 2023
Year ending August 31, 2024

2nd quarter-end

3rd quarter-end

Fiscal year-end

Total

Yen

Yen

Yen

Yen

Yen

–

13.00

–

13.00

26.00

13.00

–

13.00

26.00

–

Year ending August 31, 2024 (Forecast)(Note) Revisions to the forecast of cash dividends most recently announced: No1

3. Forecast of consolidated financial results for the year ending August 31, 2024 (from September 1, 2023 to August 31, 2024)
Net sales

Operating profit

Millions of yen
Six months ending
February 29, 2024
Full year% Millions of yen

27,800(5.5)

61,1401.6

Ordinary profit% Millions of yen

100 (90.2)
1,200

Percentages indicate year-on-year changes
Profit attributable toEarnings per shareowners of parent

23.9% Millions of yen

200 (81.5)
1,400

24.4

%Yen

130 (84.4)

10.58

780

63.48

32.4

(Note) Revisions to recent business forecast: No
4. Notes(1) Changes in significant subsidiaries during the three months ended November 30, 2023
(changes in specified subsidiaries resulting in the change in scope of consolidation):No(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: No(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:No
Changes in accounting policies due to other reasons:No

Changes in accounting estimates:

NoRestatement of prior period financial statements:No(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of November 30, 2023

12,320,787 shares

As of August 31, 2023

12,320,787 shares

As of August 31, 2023

33,793 shares

Number of treasury shares at the end of the period
As of November 30, 2023

35,903 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended November 30, 2023

12,286,291 shares

2Three months ended November 30, 2022

12,255,604 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of August 31, 2023

As of November 30, 2023

AssetsCurrent assets
Cash and deposits

4,396

4,940

Accounts receivable - trade

1,736

2,728

Merchandise

15,767

20,155

Supplies

25

13

Other

923

1,230

22,84929,069Buildings and structures, net

4,716

4,738

Land

1,388

1,388

4

3

Total current assets
Non-current assets
Property, plant and equipment

Leased assets
Construction in progress

193

Other, net

764

803

6,893

6,938

Software444

465

Other4727

Total intangible assets

492

492

1,121

1,100

Total property, plant and equipment
Intangible assets

Investments and other assets
Investment securities
Long-term loans receivable

389

375

3,021

3,051

Deferred tax assets

116

260

Retirement benefit asset

481

485

Other

188

159

Guarantee deposits

Allowance for doubtful accounts

(13)

(13)

Total investments and other assets

5,305

5,419

12,691

12,85035,54041,920Total non-current assets
Total assets3

(Millions of yen)
As of August 31, 2023

As of November 30, 2023

Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term borrowings
Current portion of long-term borrowings
Lease liabilities

10,036

15,704

－

2,000

2,511

2,403

1

1

Income taxes payable

125

57

Contract liabilities

154

227

Provision for bonuses

340

484

Provision for loss on store closings

88

Other provisions

52

25

Asset retirement obligations

418

Other

1,354

1,331

Total current liabilities

14,58822,262

3,022

2,104

Non-current liabilities
Long-term borrowings
Lease liabilities

33

Deferred tax liabilities－22

Asset retirement obligations

931

931

Other

403

167

4,361

3,228

18,95025,491

Share capital

2,544

2,544

Capital surplus

3,998

3,998

Retained earnings

9,847

9,717

Treasury shares

(34)

(34)

16,356

16,2261(13)

Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity

Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges－(0)Remeasurements of defined benefit plans

232

216

Total accumulated other comprehensive income

234

203

16,59016,42935,54041,920Total net assets
Total liabilities and net assets

4Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)Three months ended
November 30, 2022

Three months ended
November 30, 2023

Net sales

13,557

13,475

Cost of sales

8,521

8,725

Gross profit

5,035

4,749

Selling, general and administrative expenses

4,668

4,814

367

(64)

Interest income

1

1

Dividend income

22

Purchase discounts

32

Rental income

3231

Sponsorship money income

1010Subsidy income

3－

Other

1640

Total non-operating income

6989

Interest expenses

54

Rental expenses on real estate

3131

Other

27

Total non-operating expenses

3942397(17)Gain on sale of investment securities

15－

Total extraordinary income

15－

Impairment losses－

15

Loss on valuation of investment securities

1－

Loss on cancellation of insurance policies

8－

Total extraordinary losses

915Profit (loss) before income taxes

402(33)Operating profit (loss)
Non-operating income

Non-operating expenses

Ordinary profit (loss)
Extraordinary income

Extraordinary losses

Income taxes - current

149

23

Income taxes - deferred

(44)

(108)

Total income taxes

104(85)

Profit298

52

Profit attributable to owners of parent

298

52

5

Consolidated statements of comprehensive income (cumulative)(Millions of yen)Three months ended
November 30, 2022
ProfitThree months ended
November 30, 2023
298

52

Valuation difference on available-for-sale securities

36

(14)

Deferred gains or losses on hedges

(5)

(0)

Remeasurements of defined benefit plans, net of tax

(20)

(15)

11(31)

309

21

Comprehensive income attributable to owners ofparent

309

21

Comprehensive income attributable to non-controllinginterests－－

Other comprehensive income

Total other comprehensive income
Comprehensive income
Comprehensive income attributable to6