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 Nine Months Ended May 31, 2024
(Based on Japanese GAAP)
July 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 Oda
Nobuaki Mitsui

Scheduled date to file Quarterly Securities Report:

TEL 058-271-6622

July 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 nine months ended May 31, 2024 (from September 1, 2023 to May 31, 2024)(1) Consolidated operating results (cumulative)
Net sales

Percentages indicate year-on-year changes
Profit attributable toOrdinary profit
owners of parent
Millions of yen% Millions of yen%

Operating profit

Millions of yen%

Millions of yen%

43,14645,261(4.7)
2.7

166
1,292(87.1)(31.7)

Nine months ended May 31, 2024
Nine months ended May 31, 2023

Yen

Diluted earnings pershare
Yen

Nine months ended May 31, 2024

20.21

–

Nine months ended May 31, 2023

84.00

–

Earnings per share

253
1,378

(81.6)(35.5)

248 (75.9)
1,031 (23.6)(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen%As of May 31, 2024

42,016

16,54939.4

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: No

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

58,000Operating profit% Millions of yen△3.6

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

Ordinary profit% Millions of yen

200 △80.0(Note) Revisions to recent business forecast: Yes
1% Millions of yen

400 △64.5%

Yen

100 △83.08.12

4. Notes(1) Changes in significant subsidiaries during the nine months ended May 31, 2024
(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:

No

Restatement 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 May 31, 2024

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 May 31, 2024

2,353 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended May 31, 2024

12,307,720 shares

2

Nine months ended May 31, 2023

12,276,531 shares

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

As of May 31, 2024

AssetsCurrent assets
Cash and deposits

4,396

5,947

Accounts receivable - trade

1,736

2,746

Merchandise

15,767

19,606

Supplies

25

11

Other

923

1,083

22,84929,395

Buildings and structures, net

4,716

4,612

Land

1,388

1,461

4

8

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

Leased assets
Construction in progress

1923

Other, net

764

708

6,893

6,814

Software

444

413

Other

47

72

Total intangible assets

492

485

1,121

1,228

Total property, plant and equipment
Intangible assets

Investments and other assets
Investment securities
Long-term loans receivable

389

347

3,021

3,017

Deferred tax assets

116

161

Retirement benefit asset

481

491

Other

188

88

Guarantee deposits

Allowance for doubtful accounts

(13)

(13)

Total investments and other assets

5,305

5,320

12,691

12,62035,54042,016

Total non-current assets
Total assets3

(Millions of yen)
As of August 31, 2023

As of May 31, 2024

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

10,036

14,398－2,400

2,511

2,695

12Income taxes payable

125

38

Contract liabilities

154

381

Provision for bonuses

340

438

Provision for loss on store closings

88

Other provisions

52

27

Asset retirement obligations

420

Other

1,354

1,269

Total current liabilities

14,58821,682

3,022

2,703

Non-current liabilities
Long-term borrowings
Lease liabilities

37

Asset retirement obligations

931

912

Other

403

162

Total non-current liabilities

4,361

3,785

18,95025,467

Share capital

2,544

2,544

Capital surplus

3,998

3,998

Retained earnings

9,847

9,731

Treasury shares

(34)

(2)

16,356

16,272

Valuation difference on available-for-sale securities

192

Deferred gains or losses on hedges－(0)Remeasurements of defined benefit plans

232

184

Total accumulated other comprehensive income

234

276

16,590

16,54935,54042,016

Total liabilities
Net assets
Shareholders' equity

Total shareholders' equity
Accumulated other comprehensive income

Total 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)
Nine months ended
May 31, 2023

Nine months ended
May 31, 2024

Net sales

45,26143,146

Cost of sales

29,131

28,046Gross profit

16,12915,099Selling, general and administrative expenses

14,837

14,933Operating profit

1,292

166

Interest income

44

Dividend income

20

17

Purchase discounts

119

Rental income

96

96

Sponsorship money income

33

32

Subsidy income

41

Other

35

46

Total non-operating income

206

207

Interest expenses

1513

Rental expenses on real estate

94

94

Other

11

13

Total non-operating expenses

120

120

1,378

253

194－

Surrender value of insurance policies－121

Total extraordinary income

194121

Impairment losses

1239

Loss on store closings－44

Provision for loss on store closings

14－

Loss on sale of investment securities

33－

Loss on valuation of investment securities

1－

Loss on cancellation of insurance policies

8－

Non-operating income

Non-operating expenses

Ordinary profit
Extraordinary income
Gain on sale of investment securities

Extraordinary losses

Total extraordinary losses

6984

1,502

290

Income taxes - current

510

81

Income taxes - deferred(39)(40)

Profit before income taxes

Total income taxes

471

41

Profit1,031

248

Profit attributable to owners of parent

1,031

248

5Consolidated statements of comprehensive income (cumulative)(Millions of yen)
Nine months ended
May 31, 2023
ProfitNine months ended
May 31, 2024
1,031

248

Valuation difference on available-for-sale securities

7891

Deferred gains or losses on hedges

(3)

(0)

Remeasurements of defined benefit plans, net of tax

(49)

(47)

Total other comprehensive income

2542

1,057

291

1,057291－－

Other comprehensive income

Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparentComprehensive income attributable to non-controllinginterests

6