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.

August 14, 2024

Consolidated Financial Results
for the Six Months Ended June 30, 2024
(Under Japanese GAAP)
Company name: Alpha Purchase Co., Ltd.
Listing:
Tokyo Stock Exchange
Securities code:
7115
URL:
https://www.alphapurchase.co.jp/
Representative:
Masayuki Tada, Representative Director, President and CEO
Inquiries:
Masahiro Saito, Director and CFO
Telephone:+81-3-6628-8453Scheduled date to file semi-annual securities report:
August 14, 2024
Scheduled date to commence dividend payments:
Preparation of supplementary material on financial results:
Yes
Holding of financial results briefing:
Yes (for individual investors)(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the six months ended June 30, 2024 (from January 1, 2024 to June 30,2024)(1) Consolidated operating results (cumulative)
Net sales
Six months ended(Percentages indicate year-on-year changes.)

Operating profit

Profit attributable toowners of parent

Ordinary profit

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

June 30, 2024

26,787

7.4

563(6.7)548(7.9)396(4.8)

June 30, 2023

24,932-

603-

595-

417

-

Note: Comprehensive income

For the six months ended June 30, 2024:¥396 million[(4.8%)]For the six months ended June 30, 2023:¥417 million[-%]
The Company did not prepare quarterly financial statements for the six months ended June 30, 2022, accordingly thecorresponding year-on-year percentage changes for June 30, 2023 are not presented in the above table.

Basic earnings
per share
Six months ended

Diluted earnings
per share
Yen

Yen

June 30, 2024

41.21

40.36

June 30, 2024

44.15

42.90

(2) Consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Millions of yen

Millions of yen

June 30, 2024

16,575

5,561

33.6

December 31, 2023

17,115

5,370

31.4

Reference:

EquityAs of June 30, 2024:
As of December 31, 2023:¥5,561 million¥5,370 million%

2. Cash dividends
Annual dividends per shareFirst quarter-end

Second quarter-end

Third quarter-end

Yen

Yen

Yen

Fiscal year ended
December 31, 2023
Fiscal year ending
December 31, 2024

-0.00

-0.00

Fiscal year ending
December 31, 2024
(Forecast)Fiscal year-end

Total

Yen

Yen-

22.00

22.00

-

27.00

27.00

Note: Revisions to the forecast of cash dividends most recently announced: None

*Notes(1) Significant changes in the scope of consolidation during the period: Yes
Newly included: 1 company (AP Renovations Co., Ltd.)
Excluded:None(2) Adoption of accounting treatment specific to the preparation of semi-annual consolidated financial statements:None(3) 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: None(iii) Changes in accounting estimates: None(iv) Restatement: None
(4) Number of issued shares (common shares)(i)

Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2024

9,639,000 shares

As of December 31, 2023

9,624,500 shares(ii) Number of treasury shares at the end of the period
As of June 30, 2024

49 shares

As of December 31, 2023

49 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscalyear)
Six months ended June 30, 2024

9,631,924 shares

Six months ended June 30, 2023

9,448,796 shares* Semi-annual financial results reports are exempt from review conducted by certified public accountants or anaudit firm.
* Proper use of earnings forecasts, and other special matters
The forward-looking statements in this report, such as forecast, are based on information currently available
and certain assumptions that the Company believes to be reasonable and should not be construed as a guaranteethat the Company will achieve these projections. Actual results may differ from the aforementioned forecasts
depending on various factors.

Semi-annual Consolidated Financial Statements(1) Semi-annual Consolidated Balance Sheets(Thousands of yen)
As of December 31,2023
AssetsCurrent assets
Cash and deposits
Account receivable-trade
Contract assets
Electronically recorded monetary claims
MerchandiseWork in process
Supplies
Costs on construction contracts in progress
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Tools furniture and fixtures
Accumulated depreciation
Tools furniture and fixtures, net
Construction in progress
Total property, plant and equipment
Intangible assets
Software
Software in progress
Total intangible assets
Investments and other assets
Stocks of subsidiaries and affiliates
Guarantee deposit
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

As of June 30,2024

4,169,591
9,527,667
80,13952,992
613,688
4,915
297
79,231
167,716
14,696,240

4,961,905
7,978,261
44,544884,428868
309
95,733
153,527(764)
14,118,815

84,656(48,097)
36,558268,238(192,668)
75,5693,373
115,501

84,656(51,395)
33,260274,799(207,770)
67,028100,289

1,520,877
361,559
1,882,437

1,421,383
556,368
1,977,751

4,386
252,677
159,0405,412(308)
421,2092,419,148
17,115,388

4,386
252,496
117,687
4,375
378,9462,456,987
16,575,803

(Thousands of yen)
As of December 31,2023
Liabilities
Current liabilities
Accounts payable-trade
Current portion of long-term borrowings
Accounts payable - other
Income taxes payable
Accrued consumption taxes
Contract liabilities
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
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
Share acquisition rights
Total net assets
Total liabilities and net assets

As of June 30,2024

10,663,412
53,320252,514207,560
208,31234,033
156,312
115,125
11,690,592

10,280,784
36,652
262,004
130,128
40,86966,28760,08792,394
10,969,207

23,36430,701557
54,622
11,745,214

13,36830,701557
44,626
11,013,833

556,806
759,527
4,053,806(65)
5,370,074
99
5,370,174
17,115,388

560,134
762,856
4,239,013(65)
5,561,938
31
5,561,970
16,575,803

(2) Semi-annual Consolidated Statements of Income and Comprehensive Income(Semi-annual Consolidated Statements of Income)(Thousands of yen)

The six months ended June The six months ended June30, 2023
30, 2024
Net sales
Cost of sale
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Insurance claim income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Other
Total non-operating expenses
Ordinary profit
Profit before income taxes
Income taxes-current
Income taxes-deferred
Total income tax
ProfitProfit attributable to owners of parent

24,932,909
22,533,087
2,399,821
1,795,838
603,983

26,787,959
24,366,054
2,421,905
1,858,582
563,322

6
692
699

13
4,132
1,916
6,063

167
8,880
155
9,202
595,479
595,479
135,948
42,385
178,333
417,146
417,146

79
20,084674
20,839548,546548,546
110,248
41,352
151,601
396,945396,945

(Semi-annual Consolidated Statements of Comprehensive Income)(Thousands of yen)

The six months ended June The six months ended June30, 2023
30, 2024
ProfitComprehensive income
Comprehensive income attributable toowners of parent

417,146
417,146

396,945396,945

417,146

396,945

(3) Semi-annual Consolidated Statements of Cash Flows(Thousands of yen)

The six months ended June The six months ended June30, 2023
30, 2024
Cash flows from operating activities
Profit before income taxes
Depreciation and amortization
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for bonusesInterest and dividend income
Interest expenses
Foreign exchange losses (gains)
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in trade payables
Increase (decrease) in accounts payables - other
Increase (decrease) in accrued consumption tax
Other
Sub-totalInterest and dividends received
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipment
Purchase of intangible assets
Payments of guarantee deposits
Proceeds from refund of guarantee deposits
Cash flows from investing activities
Cash flows from financing activities
Repayments of long-term borrowings
Proceeds from issuance of shares
Purchase of treasury shares
Payments of listing expenses
Payments of dividends
Cash flows from 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
Cash and cash equivalents at end of period

595,479
298,054(867)(48,453)
(6)
167
(298)
(378,370)(15,390)(1,783,994)(1,123)35,20880,377(1,219,218)
6(195)(203,795)(1,423,202)

548,546
307,777455(96,225)(13)
79(523)
1,638,300(283,206)(382,627)
4,525(167,443)
40,901
1,610,546
13(81)(204,140)
1,406,338(56,155)(313,574)(741)(370,431)(3,801)(379,537)
181(383,158)(115,772)
12,324(65)(16,726)(141,157)(261,397)(26,664)
6,588(211,313)(231,389)

298

523

(2,054,733)
3,896,783
1,842,050

792,3144,169,591
4,961,905

(4) Note to Semi-annual Consolidated Financial Statements(Notes to Going Concern Assumption)
Not applicable(Notes to Significant Changes in the amount of Shareholder’s Equity)
Not applicable(Segment Information)
Information regarding Net Sales and Profit or Loss by the reportable Segments, and disaggregation of revenue
from contracts with customers
Ⅰ. For six months ended June 30, 2023 (From January 1, 2023 to June 30, 2023)
Reportable Segment
Other(Note)

Total(Thousands of yen)
Posted amountto the quarterly
Adjustments consolidated
statements ofincomeMRO
BusinessFMBusinessTotal

18,110,791

5,869,214

23,980,005

4,260

23,984,266-

23,984,266

147,289

761,291

908,58140,061

948,642-948,642

18,258,081

6,630,506

24,888,587

44,321

24,932,909-

24,932,909

18,258,081

6,630,506

24,888,587

44,321

24,932,909-

24,932,909

-

-

-

108,916

108,916(108,916)-

18,258,081

6,630,506

24,888,587

153,238

25,041,826(108,916)

24,932,909

300,391

258,335

558,727

45,256603,983-

603,983

Net Sales
Goods or services transferred
at a point in time
Goods or services transferredover time
Revenue from contracts withcustomers
Sales to external customers
Intersegment sales and transfer
Total
Segment profit (loss)(Notes)The “Other” category is a business segment not included in the reported segments and includes software-related businesses.

Ⅱ. For six months ended June 30, 2024 (From January 1, 2024 to June 30, 2024)
Reportable Segment
Other(Note)

Total(Thousands of yen)
Posted amountto the quarterly
Adjustments consolidated
statements ofincomeMROBusinessFMBusinessTotal

20,143,906

5,798,113

25,942,019

1,154

25,943,173-25,943,173

164,017654,017

818,035

26,750844,785-

844,785

20,307,923

6,452,131

26,760,055

27,904

26,787,959-

26,787,959

20,307,923

6,452,131

26,760,055

27,904

26,787,959-

26,787,959

-

-

-

120,417

120,417(120,417)-

20,307,923

6,452,131

26,760,055

148,322

26,908,377(120,417)

26,787,959

341,222

184,923

526,146

37,176563,322-563,322Net Sales
Goods or services transferred
at a point in time
Goods or services transferredover time
Revenue from contracts withcustomers
Sales to external customersIntersegment sales and transfer
Total
Segment profit (loss)(Notes)The “Other” category is a business segment not included in the reported segments and includes software-related businesses.