Note: This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy
between the Japanese original and this English translation, the Japanese original shall prevail.

Consolidated Financial Results
for the Six Months Ended August 31, 2023
[Japanese GAAP]
October 12, 2023
Company name: MORESCO Corporation
Stock exchange listing: Tokyo
Code number: 5018
URL: https://www.moresco.co.jp/
Representative: Motohisa Morozumi
Representative Director, President
Contact: Hirofumi Fujimoto
Director,Senior Executive Offcer
Phone: +81-78-303-9220
Scheduled date of filing quarterly securities report: October 12, 2023
Scheduled date of commencing dividend payments: November 13, 2023
Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: Yes(Amounts are rounded to the nearest million yen.)
1. Consolidated Financial Results for the Six Months Ended August 31, 2023 (March 1, 2023 to August 31, 2023)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable toNet salesOperating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%Six months ended
August 31, 2023
15,386
5.9
528
78.8
933
10.4
569
13.0
August 31, 2022
14,5238.7
295(68.0)
846(27.3)
504(62.9)(Note) Comprehensive income:Six months ended August 31, 2023:¥1,338 million [(18.7) %]Six months ended August 31, 2022:¥1,647 million [(13.3) %]Basic earnings
per share
Six months ended
August 31, 2023
August 31, 2022

Diluted earnings pershareYen

Yen

61.68
53.94

-

(2) Consolidated Financial Position
Total assets
As ofAugust 31, 2023
February 28, 2023
(Reference) Equity:

Millions of yen

32,20832,017
As of August 31, 2023:
As of February 28, 2023:

Net assets

Capital adequacy ratio

Millions of yen¥¥

22,381
21,24019,418 million
18,533 million

Net assets per share%

Yen

60.3
57.9

2,103.13
2,008.49

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended February 28, 2023

-20.00-20.00

40.00

Fiscal year ending February 29, 2024

-20.00-25.0045.00

Fiscal year ending February 29, 2024
(Forecast)(Note) Revision to the forecast for dividends announced most recently:
No(Note) Breakdown of the 2nd quarter dividend for the fiscal year ending February 29, 2024 :Commemorative dividend- yenSpecial dividend- yenYear-endTotal

3. Consolidated Financial Results Forecast for the Fiscal Year Ending February 29, 2024(March 1, 2023 to February 29, 2024)(% indicates changes from the previous corresponding period.)
Profit attributable to Basic earnings
Net sales
Operating profit
Ordinary profit
owners of parent
per share
Millions of yen% Millions of yen% Millions of yen

Full year
34,50013.7
1,400 167.7(Note) Revision to the financial results forecast announced most recently:

1,600
No

* Notes:(1) Changes in significant subsidiaries during the six months ended August 31, 2023
(changes in specified subsidiaries resulting in changes in scope of consolidation):
New(Company name:
Exclusion:(Company name:% Millions of yen

53.0700(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: No
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No

2) Number of treasury shares at the end of the period:
August 31, 2023:
463,720 shares
February 28, 2023:
468,970 shares
3) Average number of shares outstanding during the period:
Six months ended August 31, 2023:
Six months ended August 31, 2022:

9,229,385 shares
9,340,232 shares

Yen75.83

No(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
August 31, 2023:
9,696,500 shares
February 28, 2023:
9,696,500 shares%13.9))
No