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, 2022
(Based on Japanese GAAP)
January 10, 2023
Company name:

HIMARAYA Co.,Ltd.

Stock exchange listing: Tokyo, Nagoya
Stock code:

7514

Representative:

Chairman and CEO

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

Director and General Manager of Administration Department

Yusaku Komori

Scheduled date to file Quarterly Securities Report:

Nobuaki Mitsui

TEL 058-271-6622

January 13, 2023

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, 2022 (from September 1, 2022 to November 30, 2022)(1) Consolidated operating results (cumulative)

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
owners of parent% Millions of yen% Millions of yen% Millions of yen%Net sales
Millions of yen
Three months ended November 30, 2022
Three months ended November 30, 2021

13,557
13,232

2.5
–

367
475

(22.7)(8.3)

Yen

Diluted earnings pershare
Yen

Three months ended November 30, 2022

24.36–

Three months ended November 30, 2021

27.57

–

Earnings per share

397
548

(27.5)(2.3)

298 (11.9)
338
12.3

(Note) The “Accounting Standards for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020), etc. has been applied since theprevious fiscal year. Therefore, the rate of change in “Net sales” for the three months ended November 30, 2021 is not stated.
(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen%

As of November 30, 2022

42,641

16,31038.2

As of August 31, 2022

38,26016,17742.3

2. Cash dividends
Annual dividends per share
1st quarter-end
Year ended August 31, 2022
Year ending August 31, 2023

2nd quarter-end

3rd quarter-end

Fiscal year-end

TotalYenYenYenYen

Yen–

10.00

–

15.00

25.00

13.00

–

13.00

26.00

–

Year ending August 31, 2023 (Forecast)(Note) Revisions to the forecast of cash dividends most recently announced: No

Breakdown of a year-end dividend for the fiscal year ended August 31, 2022: Ordinary dividend 13.00 yen, commemorative dividend 2.00 yen

13. Forecast of consolidated financial results for the year ending August 31, 2023 (from September 1, 2022 to August 31, 2023)
Net sales
Millions of yen
Six months ending
February 28, 2023
Full year

Operating profit% Millions of yen

29,0002.7

59,500

1.0

Ordinary profit% Millions of yen

900 (21.3)
2,200

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

7.8% Millions of yen

1,000 (25.4)
2,400

1.4%

Yen

580 (27.8)

47.33

1,480

3.4

120.76(Note) Revisions to recent business forecast: No
4. Notes(1) Changes in significant subsidiaries during the three months ended November 30, 2022
(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 November 30, 2022

12,320,787 shares

As of August 31, 2022

12,320,787 shares

As of August 31, 2022

65,183 shares

Number of treasury shares at the end of the period
As of November 30, 2022

65,183 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended November 30, 2022

12,255,604 shares

2

Three months ended November 30, 2021

12,287,111 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of August 31, 2022

As of November 30, 2022

AssetsCurrent assetsCash and deposits

9,676

7,654

Accounts receivable - trade

1,750

2,501

Merchandise

14,753

18,955

Supplies

118

Other

1,013

1,482

Total current assets

27,20630,601

Buildings and structures, net

3,376

4,499

Land

1,388

1,388

Non-current assets
Property, plant and equipment

Construction in progress

471－

Other, net

264

585

5,501

6,473

Software

272

241

Other

63

89

Total intangible assets

335

330

1,189

1,232

448

432

Guarantee deposits

2,820

2,807

Deferred tax assets

235

290

Retirement benefit asset

329

319

Other

207

166

Allowance for doubtful accounts

(13)

(13)

Total investments and other assets

5,216

5,235

11,053

12,03938,26042,641

Total property, plant and equipment
Intangible assets

Investments and other assets
Investment securities
Long-term loans receivable

Total non-current assets
Total assets3

(Millions of yen)
As of August 31, 2022

As of November 30, 2022

Liabilities
Current liabilities
Notes and accounts payable - trade

10,12915,346

Current portion of long-term borrowings

2,696

2,776

Income taxes payable

426

159

Provision for bonuses

409

525

Provision for loss on store closings

398

Provision for shareholder benefit program

7062

Asset retirement obligations

712

Other

1,574

1,956

Total current liabilities

15,353

20,848

5,534

4,274

Asset retirement obligations

834

847

Other

360

360

6,728

5,482

22,082

26,331

Share capital

2,544

2,544

Capital surplus

3,998

4,000

Retained earnings

9,604

9,723

Treasury shares

(65)

(65)

16,081

16,202(88)(51)

Non-current liabilities
Long-term borrowings

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

3(1)Remeasurements of defined benefit plans

181

160

Total accumulated other comprehensive income

96

107

16,177

16,31038,26042,641

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)Three months ended
November 30, 2021

Three months endedNovember 30, 2022

Net sales

13,232

13,557

Cost of sales

8,236

8,521

Gross profit

4,996

5,035

Selling, general and administrative expenses

4,521

4,668

475

367

Interest income

1

1

Dividend income

1

2

Purchase discounts

33

Rental income

33

32

Sponsorship money income

1110

Subsidy income

47

3

Other

16

16

Total non-operating income

117

69

Interest expenses

7

5

Rental expenses on real estate

31

31

Other

4

2

Total non-operating expenses

43

39548

397

Gain on sale of investment securities

015

Total extraordinary income

015Provision for loss on store closings

6－

Loss on valuation of investment securities－1

Provision of allowance for doubtful accounts

3－

Loss on cancellation of insurance policies－8

Total extraordinary losses

99Profit before income taxes

540

402

Income taxes - current

165

149

Income taxes - deferred35(44)

Total income taxes

201

104

Profit338

298

Profit attributable to owners of parent

338

298

Operating profit
Non-operating income

Non-operating expenses

Ordinary profit
Extraordinary income

Extraordinary losses

5Consolidated statements of comprehensive income (cumulative)(Millions of yen)Three months ended
November 30, 2021
ProfitThree months ended
November 30, 2022
338

298(103)363(5)

Remeasurements of defined benefit plans, net of tax

(11)

(20)

Total other comprehensive income

(111)

11

226

309

Comprehensive income attributable to owners ofparent

226

309

Comprehensive income attributable to non-controllinginterests－－

Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

Comprehensive income
Comprehensive income attributable to6