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.

May 10, 2024

Consolidated Financial Results for the Fiscal Year Ended March 31, 2024
[Under Japanese GAAP]
Company name:
RIKEN KEIKI Co., Ltd.
Listing:
Tokyo Stock Exchange
Securities code:
7734
URL:
https://www.rikenkeiki.co.jp/
Representative:
Tetsuya Matsumoto, President
Inquiries:
Takuro Maeda, General Manager, Accounting Department, Corporate Administration Division
Telephone:+81-3-3966-1128
Scheduled date of the annual general meeting of shareholders:June 26, 2024
Scheduled date to commence dividend payments:
June 5, 2024
Scheduled date to file annual securities report:
June 26, 2024
Preparation of supplementary materials on financial results:
None
Holding of financial results briefing:
None(Yen amounts are rounded down to millions, unless otherwise noted.)1.
(1)

Consolidated Financial Results for the Fiscal Year Ended March 31, 2024 (from April 1, 2023 to March 31, 2024)
Consolidated Operating Results(% indicates year-on-year changes)
Net sales
Millions of Yen

Fiscal year ended
March 31, 2024
March 31, 2023
Note: Comprehensive income

Operating profit%

Millions of Yen%

45,581
1.3
11,476(0.7)
45,00420.4
11,55137.5
For the fiscal year ended March 31, 2024
For the fiscal year ended March 31, 2023

Earnings per share-Basic-Earnings per share-Diluted-

Yen

Yen

Net profit attributable toowners of parent

Ordinary profit
Millions of Yen%

Millions of Yen

12,272
2.7
11,94435.4
10,911 million Yen [11.6%]
9,778 million Yen [45.2%]

Net profit
attributable toowners ofparent/equity

Ordinary
profit/total assets
%

8,378
8,670

%

(3.4)
45.4

Operating profit/net
sales

%

%

Fiscal year ended
March 31, 2024
179.91March 31, 2023
186.21
Reference: Investment profit (loss) under the equity method

–
12.3
14.6
25.2
–
14.5
15.8
25.7
For the fiscal year ended March 31, 2024
¥ – million
For the fiscal year ended March 31, 2023
¥ – million
Note: Effective as of April 1, 2024, the Company implemented a 2-for-1 share split of common shares. Earnings per share arecalculated assuming the share split was implemented at the beginning of the previous fiscal year.
(2)

Consolidated Financial Position
Total assets
Millions of Yen

Net assets
Millions of Yen

Equity-to-asset ratio

Net assets per share
%

Yen

As of
March 31, 2024
88,591
72,45381.8
1,555.65
March 31, 2023
79,746
63,38379.5
1,361.13
Reference: Equity
As of March 31, 2024 72,453 million Yen
As of March 31, 2023 63,383 million Yen
Note: Effective as of April 1, 2024, the Company implemented a 2-for-1 share split of common shares. Net assets per share arecalculated assuming the share split was implemented at the beginning of the previous fiscal year.

(3)Consolidated Cash FlowsNet cash provided by(used in) operating
activities

Fiscal year ended
March 31, 2024
March 31, 2023
2.

Net cash provided by(used in) investing
activities

Net cash provided by(used in) financing
activities

Cash and cash
equivalents at end of
periodMillions of Yen

Millions of Yen

Millions of Yen

Millions of Yen

2,219
4,572

(2,464)(648)(2,464)(4,255)

17,167
18,913

Cash DividendsFirstquarterend
Yen

Annual dividends per share
SecondThird
Fiscalquarterquarteryear-end
end
end
Yen

Yen

Yen

Total
Yen

Total amount
Ratio of
Dividendof cashdividends topayout ratio
dividends
net assets(consolidated)(annual)(consolidated)
Millions of Yen%%

Fiscal year ended
March 31, 2023
–
40.00
–
40.00
80.00
1,862
21.5
3.1
Fiscal year ended
March 31, 2024
–
40.00
–
40.00
80.00
1,862
22.2
2.7
Fiscal year ending
March 31, 2025
(Forecast)
–
20.00
–
20.00
40.00
20.7
Note: Effective as of April 1, 2024, the Company implemented a 2-for-1 share split of common shares. For the fiscal year ended
March 31, 2023 and fiscal year ended March 31, 2024, the amounts of actual dividends prior to the share split are stated. For
the fiscal year ending March 31, 2025 (forecast), the figures are stated taking the impact of the share split into consideration.
3.

Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2025 (from April 1, 2024 to March 31, 2025)(% indicates year-on-year changes)
Earnings per
Net profit attributable
Net sales
Operating profit
Ordinary profit
share
to owners of parent-BasicMillions of Yen%

Millions of Yen%

Millions of Yen%

Millions of Yen%

Yen

Six months ending
September 30, 2024
23,600
4.1
5,900
0.9
6,150 (4.7)
4,600
1.1
98.77
Full year
48,0005.3
11,8002.8
12,300
0.2
9,000
7.4
193.24
Note: Effective as of April 1, 2024, the Company implemented a 2-for-1 share split of common shares. In the consolidated financial
results forecast for the fiscal year ending March 31, 2025, the figures for earnings per share reflect the impact of the share
split.
* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in change in scope of
consolidation): None
Newly included: – companies (Company name)
Excluded: – companies (Company name)(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: Yes(iii) Changes in accounting estimates: None(iv) Restatement: None
Note: For more details, please refer to “(5) Notes to Consolidated Financial Statements (Changes in Accounting Policies)” in“3. Consolidated Financial Statements and Significant Notes Thereto” on page 16 of the attachment.

(3)Number of issued shares (common shares)(i)
Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2024
47,322,000 shares
As of March 31, 2023
47,322,000 shares(ii) Number of treasury shares at the end of the period
As of March 31, 2024
747,476 shares
As of March 31, 2023
755,130 shares(iii) Average number of shares outstanding during the period
Fiscal year ended March 31, 2024
46,572,222 sharesFiscal year ended March 31, 2023
46,562,506 shares
Note: Effective as of April 1, 2024, the Company implemented a 2-for-1 share split of common shares. The total number ofissued shares at the end of the period, number of treasury shares at the end of the period, and average number of shares
outstanding during the period are calculated assuming the share split was implemented at the beginning of the previous
fiscal year.

(Reference) Overview of Non-consolidated Financial Results1.
(1)

Non-consolidated Financial Results for the Fiscal Year Ended March 31, 2024 (from April 1, 2023 to March 31, 2024)
Non-consolidated Operating Results(% indicates year-on-year changes)
Net sales

Fiscal year ended
March 31, 2024
March 31, 2023

Operating profit

Ordinary profit

Net profit

Millions of Yen%

Millions of Yen%

Millions of Yen%

Millions of Yen%

38,07738,327

(0.7)
18.1

8,915
8,692

2.6
36.4

10,770
9,790

10.0
28.2

7,844
7,356

6.6
28.5

Earnings per share-Basic-Earnings per share-DilutedYen

Yen

Fiscal year ended
March 31, 2024
168.44–
March 31, 2023
158.00–Note: Effective as of April 1, 2024, the Company implemented a 2-for-1 share split of common shares. Earnings per share arecalculated assuming the share split was implemented at the beginning of the previous fiscal year.
(2)

Non-consolidated Financial Position
Total assets
Millions of Yen

Net assets
Millions of Yen

Equity-to-asset ratio

Net assets per share
%

Yen

As of
March 31, 2024
75,81062,63382.6
1,344.80
March 31, 2023
68,421
54,90980.3
1,179.15
Reference: Equity
As of March 31, 2024 62,633 million Yen
As of March 31, 2023 54,909 million Yen
Note: Effective as of April 1, 2024, the Company implemented a 2-for-1 share split of common shares. Net assets per share arecalculated assuming the share split was implemented at the beginning of the previous fiscal year.

*

Financial results reports are exempt from audit conducted by certified public accountants or an audit corporation.

*

Proper use of earnings forecasts, and other special matters
The forward-looking statements such as financial results forecasts contained in this document are based on information currently
available to the Company and certain assumptions deemed to be reasonable, and the Company does not guarantee theirachievement of them. Actual financial results may differ significantly from the forecasts due to various factors. For assumptions
underlying the financial results forecasts and cautions concerning the use thereof, please refer to “(4) Prospects for the Future” in“1. Outline of Operating Results” on page 4 of the attachment.

○ Table of Contents of Attachment

1.

Outline of Operating Results ............................................................................................................................................ 2(1)

Outline of Operating Results for the Fiscal Year under Review ......................................................................... 2(2)

Outline of Financial Position for the Fiscal Year under Review .......................................................................... 3(3)

Outline of Cash Flows for the Fiscal Year under Review ..................................................................................... 3(4)

Prospects for the Future .......................................................................................................................................... 4

2.

Basic Stance on Adopting Accounting Standards ........................................................................................................... 4

3.

Consolidated Financial Statements and Significant Notes Thereto ............................................................................... 5(1)

Consolidated Balance Sheet .................................................................................................................................... 5(2)

Consolidated Statement of Income and Consolidated Statement of Comprehensive Income ........................... 7
Consolidated Statement of Income ............................................................................................................................ 7
Consolidated Statement of Comprehensive Income .................................................................................................. 8(3)

Consolidated Statement of Changes in Equity ...................................................................................................... 9(4)

Consolidated Statement of Cash Flows ................................................................................................................ 11(5)

Notes to Consolidated Financial Statements........................................................................................................ 13(Notes on Going Concern Assumptions) ................................................................................................................. 13(Significant Matters that Serve as the Basis for Preparation of Consolidated Financial Statements) ...................... 13(Changes in Accounting Policies) ............................................................................................................................ 16(Segment Information, Etc.) .................................................................................................................................... 17(Per Share Information) ........................................................................................................................................... 20(Significant Subsequent Events) .............................................................................................................................. 21

4.

Other ................................................................................................................................................................................ 22(1)

Production, orders received, and sales ................................................................................................................. 22

- 1 -

1.

Outline of Operating Results(1) Outline of Operating Results for the Fiscal Year under Review(Outline of overall business)
In the fiscal year under review, the economy was heading toward normalization as the COVID-19 epidemic was contained, andshortage of parts and materials and logistics pressures continued to ease. However, uncertainty in the economic situation
remains, with sharp fluctuations in foreign exchange rates and rising prices for raw materials and energy in addition to theunstable state of global affairs such as the geopolitical risk of the Russian invasion of Ukraine, an increase in interest rates for
inflation control in the US, and China’s economic slowdown.
In the business environment surrounding the Group, our main customers in the semiconductor industry are experiencing aphase of inventory adjustments and a continuing curtailment of capital investment, a situation we expect to require some time
to resolve. In addition, due to slowdown of the lithium-ion buttery industry in China, this situation of uncertainty is expected tocontinue in the foreseeable future.
Under these circumstances, the Group set strengthening of its management foundation as a goal for the first fiscal year in the“Medium-term Management Plan from FY2023 to FY2025.” The Group has engaged in maintaining and improving quality,
cost, and delivery in order to meet customer demand for deliveries appropriately, and has been striving to strengthen its
competitiveness with domestic sales reorganization aiming at sales development through closer relationships with customers
while the development division has worked to strengthen its technical capabilities. In an attempt to expand its market shareoverseas, the Group proceeded with improving the quality of the system of overseas subsidiaries through measures including
aggressively dispatching the Company’s human resources to overseas subsidiaries. In addition, in an effort to increase its
corporate value from a medium- to long-term perspective, at the Group, we actively worked on sustainability-related issues,
including SDGs, as well as development, production, sales and after-sale maintenance activities where we are conscious of theneed for decarbonization.
As a result of these measures, net sales for the fiscal year under review were 45,581 million Yen (up 1.3% year-on-year),
operating profit was 11,476 million Yen (down 0.7% year-on-year), ordinary profit was 12,272 million Yen (up 2.7% year-onyear), and net profit attributable to owners of parent was 8,378 million Yen (down 3.4% year-on-year).

(Summary of sales by device type)A summary of sales by device type is as follows:
Fixed gas detection alarm devices
Our major customers of semiconductor manufacturers and semiconductor manufacturing equipment makers have entered a
one-time inventory adjustment phase. In particular, as the market recovery of the semiconductor memory prices has been
delayed, net sales of fixed gas detection alarm devices have weakened, particularly for Smart-type Gas Detector GD-70D.
Additionally, capital investment in manufacturing lithium-ion batteries is experiencing a one-time slowdown in China due to a
supply surplus, and sales, mainly of Furnace Safety Monitor SD-2500, to lithium-ion battery manufacturing equipment makers
in Japan and plants manufacturing the same equipment in China, remained flat, showing a weak trend.
As a result, net sales were 30,056 million Yen (down 2.9% year-on-year).
Portable gas detection alarm devices
For portable gas detection alarm devices, sales of GX-3R Series, the mainstay portable gas monitor, remained firm mainly inNorth America.
GX-Force that was launched as a successor model of GX-9000 and GX-2012 also contributed to net sales.
As a result, net sales were 14,344 million Yen (up 11.3% year-on-year).
Other measurement devices
Net sales of other measurement devices were 1,179 million Yen (up 1.1% year-on-year).
The Group will leverage the long track record of its products employed in a wide range of industries and academic fields toprovide solutions to bring about a decarbonized society and prevent global warming, and continue to explore markets.

- 2 -(2) Outline of Financial Position for the Fiscal Year under Review
At the end of the fiscal year under review, assets totaled 88,591 million Yen, an increase of 8,844 million Yen (up 11.1%)
compared with the end of the previous fiscal year. Current assets increased 5,753 million Yen from the end of the previous
fiscal year to 57,054 million Yen. This was mainly due to a 3,127 million Yen increase in raw materials and supplies, a 3,037
million Yen increase in cash and deposits, a 1,135 million Yen increase in merchandise and finished goods, a 922 million Yen
increase in work in process, despite a 3,465 million Yen decrease in securities. Non-current assets increased 3,091 million Yen
from the end of the previous fiscal year to 31,537 million Yen. This was mainly due to a 1,762 million Yen increase ininvestment securities, a 689 million Yen increase in land, and a 543 million Yen increase in buildings and structures, despite a
305 million Yen decrease in construction in progress.
At the end of the fiscal year under review, liabilities totaled 16,137 million Yen, a decrease of 225 million Yen (down 1.4%)
compared with the end of the previous fiscal year. Current liabilities fell 1,601 million Yen from the end of the previous fiscal
year to 12,421 million Yen. This was mainly due to a 902 million Yen decrease in accounts payable included in other and a 483
million Yen decrease in notes and accounts payable-trade. Non-current liabilities increased 1,376 million Yen from the end of
the previous fiscal year to 3,716 million Yen. This was mainly due to a 1,331 million Yen increase in deferred tax liabilities.
At the end of the fiscal year under review, net assets totaled 72,453 million Yen, an increase of 9,070 million Yen (up 14.3%)
compared with the end of the previous fiscal year. This was mainly due to a 6,515 million Yen increase in retained earnings as
a result of recording 8,378 million Yen in net profit attributable to owners of parent and dividend payments of 1,862 million
Yen.

(3) Outline of Cash Flows for the Fiscal Year under Review
At the end of the fiscal year under review, cash and cash equivalents decreased 1,745 million Yen from the end of the previous
fiscal year to 17,167 million Yen (down 9.2%).
(Net cash provided by (used in) operating activities)
Profit before income taxes was 12,298 million Yen and depreciation was 1,783 million Yen, while the increase in inventories
was 5,120 million Yen and income tax paid was 3,595 million Yen. As a result of the above, among other factors, net cash
provided by operating activities decreased 2,352 million Yen (down 51.5%) year-on-year to 2,219 million Yen.
(Cash flows from investing activities)
Proceeds from sale of securities and withdrawal of time deposits were 1,361 million Yen and 1,075 million Yen respectively,
while purchase of property, plant and equipment was 2,153 million Yen, payments into time deposits were 1,934 million Yen,and purchase of securities was 1,327 million Yen. As a result of the above, among other factors, net cash used in investing
activities increased 1,816 million Yen (up 280.3%) year-on-year to -2,464 million Yen.
(Cash flows from financing activities)
Dividends paid was 1,860 million Yen. As a result of the above, among other factors, net cash from financing activities
decreased 1,791 million Yen (down 42.1%) year-on-year to -2,464 million Yen.

- 3 -(Reference) History of cash flow-related indicators
FY2019FY2020

FY2021

FY2022

FY2023Equity-to-asset ratio (%)

78.8

79.3

78.4

79.5

81.8

Market value equity-to-asset
ratio (%)

78.8

99.6

159.3

165.8

201.1

0.5

0.9

0.4

0.7

1.4

187.6

120.5

190.6

111.4

51.7

Cash flows to interest-bearing
debt (years)
Interest coverage ratio (times)
Equity-to-asset ratio
Market value equity-to-asset ratio
Cash flows to interest-bearing debt
Interest coverage ratio(Note 1)
(Note 2)
(Note 3): Equity to total assets: Market value of shares to total assets: Interest-bearing debt to operating cash flows: Operating cash flows to interest payment

The figures above are calculated using consolidated financial data.
The market value of shares is calculated by multiplying the closing share price at year-end by the number ofoutstanding shares at year-end (excluding treasury shares).
Operating cash flows refer to cash flows from operating activities in the Consolidated Statement of Cash Flows.
Interest-bearing debt includes any liabilities recorded on the Consolidated Balance Sheet that incur interest
expenses. Payment of interest refers to the amount of interest payment stated in the Consolidated Statement of
Cash Flows.

(4) Prospects for the Future
As for the prospects for the future, it is necessary to pay close attention to the impact from soaring prices of materials andresources, foreign exchange fluctuations and others, and a rise in geopolitical risks including the prolonged situation in Russia
and Ukraine. Also, the semiconductor industry, which is our major customer, is experiencing inventory adjustments due to a
slowdown in global demand for memory semiconductors, so the unpredictable situation is likely to continue. Further growth,
however, is expected in the semiconductor market in the medium to long term.
The consolidated earnings forecasts for fiscal 2024 are as follows:
Net sales
48,000 million Yen (5.3% increase year on year)
Operating profit
11,800 million Yen (2.8% increase year on year)
Ordinary profit
12,300 million Yen (0.2% increase year on year)
Net profit attributable to owners of parent
9,000 million Yen (7.4% increase year on year)
Financial results forecasts are the Company’s forecasts based on information currently available to the Company. Actual
financial results may differ significantly from the forecasts due to various factors.

2.

Basic Stance on Adopting Accounting Standards
The Group will continue to disclose consolidated financial statements under J-GAAP, taking into consideration the historicalcomparability of terms and comparability of companies.
The Group will also adopt IFRS standards depending on domestic and overseas developments accordingly.

- 4 -

3.

Consolidated Financial Statements and Significant Notes Thereto(1) Consolidated Balance Sheet
As of the end of the previous fiscal
year(March 31, 2023)
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Electronically recorded monetary claims - operating
Securities
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, net
Land
Leased assets
Accumulated depreciation
Leased assets, net
Construction in progress
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Software
Software in progress
Goodwill
Customer-related assets
Other
Total intangible assets
Investments and other assets
Investment securities
Retirement benefit asset
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets- 5 -(Unit: Thousand Yen)
As of the end of the fiscal year
under review(March 31, 2024)

13,605,281
10,439,153
3,713,877
8,414,092
3,584,070
6,039,294
4,532,924
976,706(4,346)51,301,053

16,642,563
10,788,891
4,333,862
4,948,457
4,719,951
6,962,062
7,660,781
1,003,625(5,865)57,054,330

15,157,911(4,331,838)
10,826,073
1,264,555(903,194)361,360
4,150,454
3,512,318(2,406,443)
1,105,875
409,4213,677,310(3,192,632)
484,677
17,337,862

16,109,264(4,740,144)
11,369,119
1,344,756(978,900)
365,855
4,839,970
3,101,688(1,925,600)
1,176,088
103,669
3,877,037(3,409,431)
467,606
18,322,309

308,321125,811510,481805,777
17,392
1,767,784

249,160
463,327
357,441
703,362
17,392
1,790,684

6,033,462
1,827,197
162,882
1,319,402(2,900)9,340,044
28,445,691
79,746,745

7,796,455
2,156,416
180,009
1,293,891(2,600)11,424,172
31,537,166
88,591,497

As of the end of the previous fiscal
year(March 31, 2023)
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Lease liabilities
Accrued expenses
Income taxes payable
Provision for bonuses
Provision for product warranties
Provision for loss on orders received
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Long-term accounts payable - other
Lease liabilities
Deferred tax liabilities
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets- 6 -(Unit: Thousand Yen)
As of the end of the fiscal year
under review(March 31, 2024)

5,201,320
847,302
995,000
471,600
913,9811,816,425
988,058
106,260
152,2032,531,544
14,023,696

4,718,162
816,514995,000
543,332
873,986
1,646,861
1,053,459
99,234
20,575
1,654,668
12,421,794

850,580
15,250792,762
636,000
11,172
33,6482,339,414
16,363,110

850,580
15,250815,769
1,967,777
11,69554,9803,716,053
16,137,847

2,565,500
1,094,969
56,626,968(222,609)
60,064,829

2,565,500
1,115,360
63,142,804(221,541)
66,602,123

1,982,144
1,336,660
3,318,805
63,383,634
79,746,745

3,729,980
2,121,546
5,851,527
72,453,650
88,591,497

(2) Consolidated Statement of Income and Consolidated Statement of Comprehensive Income
Consolidated Statement of Income(Unit: Thousand Yen)
Previous fiscal year
(from April 1, 2022 toMarch 31, 2023)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Commission expenses
Advertising expenses
Salaries and allowances
Provision for bonuses
Retirement benefit expenses
Research and development expenses
Depreciation
Other
Total selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Insurance claim and dividend income
Gain on sale of securities
Gain on valuation of securities
Miscellaneous income
Total non-operating income
Non-operating expenses
Interest expenses
Loss on retirement of non-current assets
Loss on sale of securities
Loss on valuation of securities
Compensation expenses
Miscellaneous losses
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Insurance claim income
Total extraordinary income
Extraordinary losses
Loss on sale of non-current assets
Impairment losses
Loss on disposal of non-current assets
Loss on valuation of investment securities
Loss on disaster
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Net profit
Net loss attributable to non-controlling interests
Net profit attributable to owners of parent- 7 -Fiscal year under review(from April 1, 2023 toMarch 31, 2024)

45,004,807
21,842,195
23,162,611

45,581,356
22,155,520
23,425,836

962,790
337,178
3,364,508
287,266
140,488
2,408,509
604,865
3,505,697
11,611,304
11,551,307

1,292,002
439,241
3,375,082
297,920
49,684
2,288,937
670,4873,536,390
11,949,745
11,476,090

77,969
162,970
376,042
9,824
19,133–76,082722,023

100,738
172,835
355,389
34,646–
225,989
107,274
996,874

41,041817
31,922249,273
1,000
5,221
329,274
11,944,056

42,961
885
142,306––
14,670200,823
12,272,142

17,568112,915
130,484

108,428–
108,428

13,927
26,160102,000
79,528
99,100320,716
11,753,823
3,315,613(225,144)
3,090,469
8,663,354(6,840)8,670,194

5,666
–
–
–
76,61082,277
12,298,293
3,437,358
482,267
3,919,625
8,378,667–
8,378,667

Consolidated Statement of Comprehensive Income(Unit: Thousand Yen)
Previous fiscal year
(from April 1, 2022 toMarch 31, 2023)
Net profit
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income(attributable to)Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests- 8 -Fiscal year under review(from April 1, 2023 toMarch 31, 2024)

8,663,354

8,378,667

128,438
986,540
1,114,979
9,778,333

1,747,835
784,886
2,532,721
10,911,389

9,657,610

10,911,389

120,723–

(3) Consolidated Statement of Changes in Equity
Fiscal year ended March 31, 2023 (from April 1, 2022 to March 31, 2023)(Unit: Thousand Yen)
Shareholders’ equity

Balance at beginning of period

Share capital

Capital surplus

Retained earnings

Treasury shares

2,565,500

1,885,187

49,604,449(226,384)

Total shareholders’equity53,828,752

Changes during period
Dividends of surplus(1,839,116)(1,839,116)

Net profit attributable toowners of parent

8,670,194

8,670,194

Purchase of treasury shares
Disposal of treasury shares

23,652

Change in scope of
consolidation
Change in ownership interestof parent due to transactions
with non-controlling interests

(461)

(461)

4,236

27,889191,440

191,440(813,870)(813,870)

Net changes in items otherthan shareholders’ equity
Total changes during period
Balance at end of period–(790,217)

7,022,519

3,775

6,236,076

2,565,500

1,094,969

56,626,968(222,609)

60,064,829

Non-controllinginterests

Total net assets

698,577

56,858,719

Accumulated other comprehensive income
Valuation difference on
Foreign currency
Total accumulated otheravailable-for-saletranslation adjustment comprehensive income
securities
Balance at beginning of period

1,853,706

477,683

2,331,389

Changes during period
Dividends of surplus(1,839,116)

Net profit attributable toowners of parent

8,670,194

Purchase of treasury shares(461)

Disposal of treasury shares

27,889Change in scope of
consolidation
Change in ownership interestof parent due to transactions
with non-controlling interests
Net changes in items otherthan shareholders’ equity

191,440(813,870)
128,438

858,976

987,415(698,577)

288,838

Total changes during period

128,438

858,976

987,415(698,577)

6,524,915

Balance at end of period

1,982,144

1,336,660

3,318,805–

63,383,634- 9 -Fiscal year ended March 31, 2024 (from April 1, 2023 to March 31, 2024)(Unit: Thousand Yen)
Shareholders’ equity

Balance at beginning of period

Share capital

Capital surplus

Retained earnings

Treasury shares

2,565,500

1,094,969

56,626,968(222,609)

Total shareholders’equity60,064,829

Changes during period
Dividends of surplus(1,862,831)(1,862,831)

Net profit attributable toowners of parent

8,378,667

8,378,667

Purchase of treasury shares
Disposal of treasury shares

20,390(1,327)(1,327)

2,395

22,785

Net changes in items otherthan shareholders’ equity
Total changes during period
Balance at end of period–

20,3906,515,835

1,067

6,537,294

2,565,500

1,115,360

63,142,804(221,541)

66,602,123

Accumulated other comprehensive income
Valuation difference on
Foreign currency
Total accumulated otheravailable-for-saletranslation adjustment comprehensive income
securities
Balance at beginning of period

1,982,144

1,336,660

3,318,805

Total net assets

63,383,634

Changes during period
Dividends of surplus(1,862,831)

Net profit attributable toowners of parent

8,378,667

Purchase of treasury shares(1,327)

Disposal of treasury shares

22,785

Net changes in items otherthan shareholders’ equity

1,747,835

784,886

2,532,721

2,532,721

Total changes during period

1,747,835

784,886

2,532,721

9,070,015

Balance at end of period

3,729,980

2,121,546

5,851,527

72,453,650- 10 -

(4) Consolidated Statement of Cash Flows(Unit: Thousand Yen)
Previous fiscal year
(from April 1, 2022 toMarch 31, 2023)
Cash flows from operating activities
Profit before income taxes
Depreciation
Amortization of goodwill
Impairment losses
Loss on disaster
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for product warranties
Increase (decrease) in provision for loss on orders
received
Decrease (increase) in retirement benefit asset
Interest and dividend income
Insurance claim income
Interest expenses
Foreign exchange losses (gains)
Loss (gain) on sale of non-current assets
Loss on retirement of non-current assets
Decrease (increase) in trade receivables
Loss (gain) on disposal of non-current assets
Decrease (increase) in inventories
Increase (decrease) in trade payables
Increase (decrease) in accrued consumption taxes
Loss (gain) on sale of securities
Loss (gain) on valuation of securities
Loss (gain) on valuation of investment securities
Other, net
SubtotalInterest and dividends received
Interest paid
Proceeds from insurance income
Income taxes paid
Net cash provided by (used in) operating activities- 11 -

Fiscal year under review(from April 1, 2023 toMarch 31, 2024)

11,753,823
1,740,235
177,205
26,16099,100(179)
67,221
8,020

12,298,293
1,783,475
187,575–
76,610909
65,400(7,026)

120,195(131,627)(13,853)(240,939)(122,740)
41,041(721,502)(3,640)817(1,093,435)
102,000(5,542,325)
1,086,973(721,305)
12,788249,273
79,528491,052
7,595,513
244,535(41,041)
136,802(3,363,099)
4,572,711(329,219)(273,573)(34,646)
42,961(675,987)(102,762)
885(755,289)–(5,120,219)(715,399)
222,157
142,306(225,989)–(1,019,538)
5,429,295
277,372(42,961)
151,503(3,595,498)
2,219,711

(Unit: Thousand Yen)
Previous fiscal year
(from April 1, 2022 toMarch 31, 2023)
Cash flows from investing activities
Purchase of securities
Proceeds from redemption of securities
Proceeds from sale of securities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Payments for retirement of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Proceeds from redemption of investment securities
Loan advances
Proceeds from collection of loans receivable
Net cash provided by (used in) investing activities
Cash flows from financing activities
Proceeds from long-term borrowings
Repayments of long-term borrowings
Repayments of finance lease liabilities
Redemption of bonds
Net decrease (increase) in treasury shares
Dividends paid
Dividends paid to non-controlling interests
Purchase of shares of subsidiaries not resulting in change
in scope of consolidation
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents resulting from
inclusion of subsidiaries in consolidation
Cash and cash equivalents at end of period- 12 -

Fiscal year under review(from April 1, 2023 toMarch 31, 2024)(880,710)
1,049,380
376,535(1,031,390)
1,029,209(943,155)
67,348(102,000)(65,552)(314,555)
200,000(33,132)–(648,024)(1,327,036)
709,340
1,361,516(1,934,402)
1,075,472(2,153,257)
357,253–(481,409)(608,288)
500,000–
36,313(2,464,499)

400,000(400,000)(483,452)(300,000)(461)(1,836,787)(25,701)

400,000(400,000)(602,553)–(1,327)(1,860,140)–(1,608,888)–(4,255,291)
1,015,224
684,619
17,989,503(2,464,021)
963,237(1,745,571)
18,913,037

238,914–

18,913,037

17,167,465

(5) Notes to Consolidated Financial Statements(Notes on Going Concern Assumptions)Not applicable.

(Significant Matters that Serve as the Basis for Preparation of Consolidated Financial Statements)
Not applicable.
1.

Matters regarding the scope of consolidation(1) Number of consolidated subsidiaries:

Six

Names of consolidated subsidiaries:
RIKEN KEIKI NARA MFG. Co., Ltd.
RIKEN KEIKI TAIWAN CO., LTD.
RIKEN KEIKI COMMERCIAL (SHANGHAI) CO., LTD.
RKI Instruments, Inc.
R K INSTRUMENTS (S) PTE LTD
RIKEN KEIKI GmbH
(2) Number of unconsolidated subsidiaries: Two
RIKEN KEIKI Technocrats Co., Ltd.
RIKEN KEIKI (M) SDN.BHD.
Reason for exclusion from the scope of consolidation
Both unconsolidated subsidiaries are small in scale, and the total of total assets, net sales, profit and retained
earnings (an amount corresponding to the equity interests of the Company), etc. of both companies does notexert a material influence on consolidated financial statements.
2.

Matters regarding adoption of equity method(1) Number of affiliated companies to which the equity method is applied
Not applicable.
(2) Names of major unconsolidated subsidiaries or affiliated companies to which the equity method is not applied
RIKEN KEIKI Technocrats Co., Ltd.
RIKEN KEIKI KOREA CO., LTD.
Reason for not applying the equity method
In terms of profit and retained earnings (an amount corresponding to the equity interests of the Company),
etc., the companies to which the equity method is not applied may only exert an immaterial influence on the
Company’s consolidated financial statements even if the companies are excluded from the scope of theapplication of the equity method, and also on the overall financial results.
3.

Matters regarding the fiscal year, etc. of consolidated subsidiaries
The last day of consolidated subsidiaries’ business year is December 31, which differs from the consolidated closing
date. Any significant transaction between the last day of their business year and the consolidated closing date is
subject to adjustment required for consolidated reporting.

- 13 -

4.

Matters regarding accounting policies(1) Valuation standards and accounting treatment for important assets(i) Securities(a)Held-to-maturity debt securities
Held-to-maturity debt securities are stated at amortized cost (the straight-line method).

(b)

Other securities
Securities other than stocks without quoted market prices
These are stated at fair market value.
(The difference between acquisition cost and market value is accounted for as net unrealized holding
gains or losses on securities in net assets, with the cost of sales determined by the moving averagemethod.)Stocks without quoted market prices
Carried at cost, determined by the moving average method.

(ii) Derivatives
Derivatives are stated at fair market value.
(However, the market value method shall not be applied to interest rate swap transactions that satisfy therequirements for exceptional accounting treatment. The net amount to be paid or received under the interest rate
swap transaction shall be added to or subtracted from the amount of interest on debt subject to the interest rate
swap agreement.)(iii) Inventories(a)Merchandise and finished goods
Stated at cost, with cost being determined by the gross-average method.
(The method of book value devaluation based on a decline in profitability applies to values in the balance
sheet.)
However, the identified-cost method shall be applied for certain finished goods.

(b)Work in process
Stated at cost, with cost being determined by the gross-average method.
(The method of book value devaluation based on a decline in profitability applies to values in the balance
sheet.)
However, the identified-cost method shall be applied for certain works in process.

(c)

Raw materials and supplies
Stated at cost, with cost being determined by the gross-average method.
(The method of book value devaluation based on a decline in profitability applies to values in the balance
sheet.)(2) Depreciation method for material depreciable assets(i) Property, plant and equipment (excluding leased assets)
Straight-line method
The principal useful lives are as follows.
Buildings and structures: 31 to 50 years(ii) Intangible assets
Computer software purchased for internal use is amortized by the straight-line method based on the estimatedinternal useful life (five years).
Customer-related assets are amortized by the straight-line method based on estimated profitable period (nine to- 14 -

fifteen years), the basis of calculating the proceeds.
(iii) Leased assets
Leased assets related to finance lease transactions other than those where ownership of the lease assets is deemed
to be transferred to the lessee are amortized by the straight-line method, assuming the lease period is the usefullife and no residual value.
(3) Accounting standards for allowance and provisions(i) Allowance for doubtful accounts
The allowance for doubtful accounts is provided in an amount sufficient to cover possible losses estimated as ahistorical write-off ratio of bad debts for general receivables, with the addition of required amounts for doubtful
accounts and bankrupt receivables based on a case-by-case assessment of the possibility of collection.
(ii) Provision for bonuses
Accrued employees’ bonuses are provided based on the estimated amount to be paid.
(iii) Provision for product warranties
Provision for product warranties is provided for product after-sale service expenses based on the historicalperformance.
(iv) Provision for loss on orders received
As a reserve against future losses on sales of ordered products, the estimated loss on sale of ordered products is
calculated for those undelivered at the end of the current consolidated fiscal year.
(4) Accounting treatment of retirement benefit payments(i) Attribution method for projected retirement benefits
In calculating retirement benefit obligations, the benefit formula basis is applied as the method for attributing
projected retirement benefits to the period up to end of the current consolidated fiscal year.
(ii) Treatment method of actuarial losses
The actuarial loss (228,040 thousand Yen) is expensed as incurred. As annuity payment assets exceed retirement
benefit obligations, 2,156,416 thousand Yen of retirement benefit asset is recoded in investments and otherassets.
(5) Accounting policies for significant revenue and expenses
For contracts with customers, we recognize revenue arising from contracts with customers based on the following
five-step approach.
Step 1: Identify a contract with the customer
Step 2: Identify performance obligations in the contract
Step 3: Calculate the transaction price
Step 4: Allocate the transaction price to performance obligations in the contract
Step 5: Recognize revenue when or as performance obligations are fulfilled
In recognizing revenue, we identify performance obligations for the sale of products, services and other sales in
the Group under contracts with customers, and usually recognize revenue at the following times when we
determine that we have fulfilled the Group’s performance obligations.
(i) Revenue from the sale of products
With respect to the sale of a product, under the contract with the customer, if the Group is obligated to executetasks up to the installation of the product, we regard the sale and installation of the product as a single
performance obligation, and when the installation of the product is completed, we determine that theperformance obligation will be fulfilled by the transfer of control of the asset to the customer, then recognize
revenue.
On the other hand, if under the contract with the customer, the Group is not obligated to install the product, werecognize the revenue at the time when the product is shipped because the period from the time of shipment to- 15 -

the transfer of control of the product to the customer is a normal period.
(ii) Revenue from services and other sales
Revenue from services and other sales primarily includes revenue from product-related operations such as
warranty, repair, maintenance and relocation, and performance obligations are fulfilled at a point in time.
Therefore, we recognize the revenue at a time when the provision of services is completed.
(6) Standards of translation of significant foreign-currency-denominated assets or liabilities into Japanese Yen
Foreign-currency-denominated money claims and liabilities are translated into Japanese Yen at the spot exchange
rates in effect on the consolidated balance sheet date, and the difference arising from such translation is stated as again or loss. Assets and liabilities of consolidated subsidiaries outside of Japan are translated into Japanese Yen at
the spot exchange rates in effect at the balance sheet date of these companies, revenue and expenses of thesecompanies are translated into Japanese Yen at an average exchange rate for the period, starting from the fiscal year
under review, and the exchange differences are included in foreign currency translation adjustment and noncontrolling interests under net assets.
(7) Accounting for significant hedges(i) Hedge accounting
The exceptional accounting treatment is applied for interest rate swap transactions that satisfy the requirements
for the treatment.
(ii) Hedging instrument and hedged items
Hedging instrument: Interest rate swaps
Hedged item: Interest on borrowings(iii) Hedge policy
To reduce interest rate risks and improve financial balance, hedging shall be conducted within the extent of theliabilities involved.
(iv) Evaluation of hedge effectivenessFor interest rate swaps with the exceptional accounting treatment, hedge effectiveness is not evaluated.
(8) Amortization of goodwill and amortization period
Amortization has been based on the seven-to-nine year-period straight line method.
(9) Scope of cash in the Consolidated Statement of Cash Flows
Cash and cash equivalents in the Consolidated Statement of Cash Flows comprise cash on hand, readily available
deposits, and short-term liquid investments expiring within six (6) months of the date they were acquired andincurring minimal risk from fluctuations in value.
(Changes in Accounting Policies)(Changes in the Method of Translation of Revenues and Expenses of Subsidiaries outside of Japan)
Revenues and expenses of consolidated subsidiaries outside of Japan had previously been translated into Japanese Yen at
the spot exchange rates in effect at the balance sheet date of these companies. However, the Company changed to amethod of translating them into Japanese Yen at an average exchange rate for the period, starting from the fiscal year
under review.
This change was made in order to lessen the impact of temporary foreign exchange fluctuations on our period profit orloss as the revenues and expenses of the subsidiaries outside of Japan had grown in importance and to more aptly reflect
their profit or loss occurring throughout each accounting period on our consolidated financial statements.
The impact of this change was negligible.

- 16 -

(Segment Information, Etc.)[Segment information]
Fiscal year ended March 31, 2023 (from April 1, 2022 to March 31, 2023)
As the Group engages in a single segment of the manufacture and sale of various types of industrial measurement
devices and their related businesses, the disclosure of business segment information has been omitted.

Fiscal year ended March 31, 2024 (from April 1, 2023 to March 31, 2024)
As the Group engages in a single segment of the manufacture and sale of various types of industrial measurement
devices and their related businesses, the disclosure of business segment information has been omitted.

- 17 -

[Related information]
Fiscal year ended March 31, 2023 (from April 1, 2022 to March 31, 2023)
1.

Information by product and service(1) Net sales(Unit: Thousand Yen)
Fixed gas detection alarm
devices

Portable gas detection alarm
Other measurement devices
devices

30,955,063
2.

12,882,820

Total

1,166,923

45,004,807

Information by region(1) Net sales
Overseas sales
Japan
I Net sales(Thousand Yen)
II Percentage ofconsolidated
net sales (%)

Consolidated
net sales

Asia

North
America

EuropeOthers26,170,747

11,434,836

5,725,658

1,306,077

367,487

18,834,060

45,004,807

58.2

25.4

12.7

2.9

0.8

41.8

100.0

Total

(Note) Net sales are classified by country or region based on the customer’s location.
(2) Property, plant and equipment
Description is omitted as the amount of property, plant, and equipment located in Japan exceeds 90% of theproperty, plant, and equipment on the balance sheets.
3.

Information on major customers
Of net sales, no specific external customer accounts for 10% or more of the net sales recorded in the consolidated
statement of income, and therefore, description is omitted.

Fiscal year ended March 31, 2024 (from April 1, 2023 to March 31, 2024)
1.

Information by product and service(1) Net sales(Unit: Thousand Yen)
Fixed gas detection alarm
devices

Portable gas detection alarm
Other measurement devices
devices

30,056,952
2.

14,344,693

Total

1,179,711

45,581,356

Information by region(1) Net sales
Overseas sales
Japan
I Net sales(Thousand Yen)
II Percentage ofconsolidated
net sales (%)

Consolidated
net sales

Asia

North
America

EuropeOthers25,720,966

11,568,001

6,613,669

1,348,101

330,618

19,860,390

45,581,356

56.4

25.4

14.5

3.0

0.7

43.6

100.0

(Note) Net sales are classified by country or region based on the customer’s location.

- 18 -

Total

(2) Property, plant and equipment(Unit: Thousand Yen)Japan

Outside of Japan
16,252,816

3.

Total
2,069,492

18,322,309

Information on major customers
Of net sales, no specific external customer accounts for 10% or more of the net sales recorded in the consolidated
statement of income, and therefore, description is omitted.

[Information on impairment losses of fixed assets by reportable segment]
Fiscal year ended March 31, 2023 (from April 1, 2022 to March 31, 2023)
As the Group engages in a single segment of the manufacture and sale of various types of industrial measurement
devices and their related businesses, the disclosure of business segment information has been omitted.
Fiscal year ended March 31, 2024 (from April 1, 2023 to March 31, 2024)
As the Group engages in a single segment of the manufacture and sale of various types of industrial measurement
devices and their related businesses, the disclosure of business segment information has been omitted.

[Information concerning amortization of goodwill and unamortized balances by reportable segment]
Fiscal year ended March 31, 2023 (from April 1, 2022 to March 31, 2023)
As the Group engages in a single segment of the manufacture and sale of various types of industrial measurement
devices and their related businesses, the disclosure of business segment information has been omitted.
Fiscal year ended March 31, 2024 (from April 1, 2023 to March 31, 2024)
As the Group engages in a single segment of the manufacture and sale of various types of industrial measurement
devices and their related businesses, the disclosure of business segment information has been omitted.

[Information concerning gain on bargain purchase by reportable segment]
Not applicable.

- 19 -

(Per Share Information)
Previous fiscal year
(from April 1, 2022 toMarch 31, 2023)

Fiscal year under review(from April 1, 2023 toMarch 31, 2024)

Net assets per share

1,361.13 Yen

1,555.65 Yen

Earnings per share

186.21 Yen

179.91 Yen(Notes)1. Effective as of April 1, 2024, the Company implemented a 2-for-1 share split of common shares. Net assets per shareand earnings per share are calculated assuming the share split was implemented at the beginning of the previous fiscal
year.
2. Diluted earnings per share are not presented because there are no dilutive shares.
3. The basis for calculating earnings per share is shown below.
Previous fiscal year
(from April 1, 2022 toMarch 31, 2023)

Net profit attributable to owners of parent(Thousand Yen)

Amount not attributable to shareholders of(Thousand Yen)
common stock
Net profit attributable to owners of parent(Thousand Yen)
associated with common stock
Average number of shares of common stock(Thousand shares)
outstanding during the period- 20 -

Fiscal year under review(from April 1, 2023 toMarch 31, 2024)

8,670,194

8,378,667––

8,670,194

8,378,667

46,562

46,572

(Significant Subsequent Events)(Share Split and Amendment to the Articles of Incorporation in Connection with the Share Split)
The Company, at a meeting of the Board of Directors held on February 8, 2024, resolved to implement a share split andamend the Articles of Incorporation in connection with the share split.
1.

Share split(1) Purpose of share split
The purpose is to improve the liquidity of the Company’s shares and expand the investor base by implementing ashare split to lower the value per investment unit for the Company’s shares.
(2) Overview of share split(i) Method of share split
The Company will implement a 2-for-1 share split of common shares owned by shareholders listed or recordedin the register of shareholders with a record date of Sunday, March 31, 2024 (however, since this day falls on a
non-business day of the share registration agent, the practical record date shall be Friday, March 29, 2024).
(ii) Number of shares to be increased by share split
Total number of issued shares before the share split:

23,661,000 shares

Number of shares to be increased by this share split:

23,661,000 shares

Total number of issued shares after the share split:

47,322,000 shares

Total number of shares authorized to be issued after the share split:

188,000,000 shares(iii) Timetable for share split
Date of public notice of the record date:

Friday, March 15, 2024

Record date:

Sunday, March 31, 2024

Effective date:

Monday, April 1, 2024(iv) Effect on per share information
The effect on per share information is presented in “(5) Notes to Consolidated Financial Statements.”(v) Other
There will be no change in the amount of stated capital at the time of the share split.

2.

Amendment to the Articles of Incorporation in connection with the share split(1) Reasons for the amendment
As a result of this share split, pursuant to the provisions of Article 184, paragraph (2) of the Companies Act, thetotal number of shares authorized to be issued set forth in Article 6 of the Company’s Articles of Incorporation willbe amended effective April 1, 2024.
(2) Content of the amendment
Content of the amendment is as shown below.
Current Articles of Incorporation(Total Number of Shares Authorized to be Issued)
Article 6
The total number of shares authorized to be issued of
the Company shall be 94,000,000 shares.
(3) Schedule of the amendment
Effective date: April 1, 2024
- 21 -(Amendment is underlined.)
Articles of Incorporation after amendment(Total Number of Shares Authorized to be Issued)
Article 6
The total number of shares authorized to be issued of
the Company shall be 188,000,000 shares.

4.

Other

(1) Production, orders received, and sales(Unit: Yen amounts are rounded down to millions, unless otherwise noted.)
Previous fiscal year
(from April 1, 2022 toMarch 31, 2023)

Fiscal year under review(from April 1, 2023 toMarch 31, 2024)

Composition
ratio

AmountAmount%Fixed gas detection alarm

71.0

17,76665.2(2,616)

Portable gas detection alarm
devices

7,314

25.5

8,389

30.8

1,074

Other measurement devices

1,012

3.5

1,082

4.0

69

28,711

100.0

27,238100.0(1,472)

Fixed gas detection alarm
devices

32,342

68.7

27,57660.5(4,766)

Portable gas detection alarm
devices

13,455

28.6

16,707

36.7

3,252

Other measurement devices

1,249

2.7

1,279

2.8

30

47,047100.0

45,563100.0(1,483)30,95568.8

30,056

65.9

(898)

12,882

28.6

14,344

31.5

1,461

1,166

2.6

1,179

2.6

12

45,004100.0

45,581

100.0

576

18,83441.8

19,860

43.6

1,026

Fixed gas detection alarm
devices

9,259

73.3

6,779

53.8

(2,480)Portable gas detection alarm
devices

2,923

23.2

5,286

42.0

2,363

Other measurement devices

439

3.5

539

4.2

99

12,621

100.0

12,604

100.0

(17)

Total

Ordersreceived

Total
Fixed gas detection alarm
devices
Portable gas detection alarm
devices
Net sales

Other measurement devices
Total
Overseas sales (included in total
sales)

Order
backlog%

20,383devices
Production*

Rise or (fall)Composition
ratio

Total
* The amount is converted into sales price.

- 22 -