Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2024 〔Japanese GAAP〕

February 13，2024
Company name
Code number
RepresentativeInquiries

Komehyo Holdings Co., Ltd.
2780
ＵＲＬ

Stock exchange listings
https://komehyohds.com（Title） President and Representative Director （Name）Takuji Ishihara（Title） General Manager of IR・PR Department （Name）Hiroyuki Yoshida

TOKYO, NAGOAYA

Phone ＋81-52-249-5366

Dividend payable date (as planned) －Quarterly securities report filing date (as planned) February 14，2024

Availability of supplementary briefing material on quarterly financial results ： Available
Schedule of quarterly financial results briefing session ： Scheduled (Posting videos on our website)（Amounts of less than one million yen are rounded down.）

１．Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2024
（April 1, 2023 to December 31, 2023）（％ indicates changes from the previous corresponding period.）（１）Consolidated Operating Results
Net income
Net sales
Operating income
Ordinary income
attributable toowners of parent
Million yen％

Million yen％

Million yen％

Million yen％

84,141

34.2

5,12138.0

5,158

29.7

3,674

36.3

62,696

25.7

3,710

39.8

3,978

49.4

2,694

62.4

4,130 Million yen(28.0％)

Nine months ended
December 31, 2023
Nine months ended
December 31, 2022
（Note）Comprehensive income

Nine months ended Dec 31,2023

basic earnings
per share
Nine months ended
December 31, 2023
Nine months ended
December 31, 2022

（Reference）Equity

3,227 Million yen(84.6％)

Diluted earnings
per share

Yen

Yen

335.34－245.96－（２）Consolidated Financial Positions
Total assets
As of December 31,2023
As of March 31,2023Nine months ended Dec 31,2022

Net assets

Equity ratio

Net assets per share

Million yen

Million yen％

Yen

65,65346,753

27,53624,24741.4
51.2

2,480.86
2,184.37

As of March 31, 2023

23,932 Million yen

As of Dec 31, 2023

27,181 Million yen

２．Dividends
1stquarter-end
Yen

2nd
quarter-end

Annual dividends
3rdquarter-end

Yen
25.00
44.00

Fiscal year ending March 31,2023－
Fiscal year ending March 31,2024－
Fiscal year ending March 31,2024(Forecast)（Note）Revision to the forecast for dividends announced most recently：NoYear-endYen－－Total

Yen
35.00

Yen
60.00

44.00

88.00

３．Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2024
（April 1，2023 to March 31，2024）（％ indicates changes from the previous corresponding period.）
Net sales

Operating income％ Million yen

Basic earnings
per share

Million yen

％

30.0

- 1 -％Net income
attributable toowners of parent

Full year
106,000
23.1
7,200
39.3
7,230
33.7
4,820
（Note）Revision to the financial results forecast announced most recently：NoMillion yen％ Million yen

Ordinary income

Yen439.93

＊ Notes（１）Changes in significant subsidiaries during the nine months ended December 31,2023(changes in specified subsidiaries resulting in changes in scope of consolidation)：No（２）Accounting policies adopted specially for the preparation of quarterly consolidated financial
statements：Yes（３）Changes in accounting policies, changes in accounting estimates and retrospective restatement① Changes in accounting policies due to the revision of accounting standards：No② Changes in accounting policies other than ① above：No③ Changes in accounting estimates：No④ Retrospective restatement：No（４）Total number of issued shares (common shares)① Total number of issued sharesat the end of the period(including treasury stock)

Nine months ended
December 31, 2023

② Total number of treasury shares

Nine months ended

at the end of the period

December 31, 2023

③ Average number of shares during

Nine months ended

the period:

December 31, 2023

11,257,000 shares

March 31, 2023

11,257,000 shares

300,668 shares

March 31, 2023

300,628 shares

10,956,351 shares

Nine months ended
December 31, 2022

10,956,372 shares＊

These quarterly financial results are outside the scope of audit.

＊Explanation of the proper use of financial results forecast and other notes(Notes on the earnings forecasts and other forward-looking statements)
The earnings forecasts and other forward-looking statements herein are based on data currently
available to the Company and certain assumptions that the Company believes are reasonable, and theCompany has no intention of guaranteeing the achievability of them. Actual results may differ
significantly from these forecasts due to various factors.
(How to obtain supplementary presentation materials for quarterly financial results)Supplementary presentation materials and videos for quarterly financial results will be posted on ourwebsite.

- 2 -2. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Thousands of yen)
As of March 31, 2023
AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Inventories
Other
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
LandConstruction in progress
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Leased assets
Other
Total intangible assets
Investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Current portion of bonds payable
Current portion of long-term borrowings
Lease liabilities
Accounts payable - other
Income taxes payable
Contract liabilities
Provision for bonuses
Provision for merchandise warranties
Provision for point card certificates
Asset retirement obligations
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Lease liabilities
Provision for retirement benefits fordirectors (and other officers)
Provision for merchandise warranties
Provision for point card certificates
Retirement benefit liability
Asset retirement obligations
Contract liabilities
Other
Total non-current liabilities
Total liabilities- 3 -As of December 31, 2023

10,382,235
2,257,704
18,705,467
3,977,265
35,322,672

11,234,667
3,493,426
30,061,033
7,777,136
52,566,264

3,779,608
1,644,961
33,530786,416
6,244,516

4,082,094
1,644,961
292,975
1,049,958
7,069,989

528,720
273,934
1,353,425
2,156,080
3,030,20811,430,805
46,753,478

469,369
441,205
1,687,732
2,598,307
3,418,780
13,087,077
65,653,342

686,781
12,515,000
72,000366,724
236,828
1,182,045
984,694
619,554955,310
9,024
101,636
296,924
18,026,525

881,954
26,154,200
72,0002,790,040
367,604
1,369,173
721,494
468,115
499,572
9,863
156,548
4,085
615,311
34,109,964

140,000
3,113,170
54,92968,0002,373,140
155,945

23,59823,598558
127,681
116,737
763,616
69,921
69,6294,479,842
22,506,367

640
171,260
123,976882,698
97,661
109,756
4,006,678
38,116,642

(Thousands of yen)
As of March 31, 2023
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-forsale securities
Foreign currency translation adjustment
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets- 4 -As of December 31, 2023

1,803,780
1,909,872
19,854,230△80,494
23,487,388

1,803,7801,909,872
22,662,743△80,681
26,295,713

30,72043,573414,662

841,834

445,383

885,408

314,338
24,247,110
46,753,478

355,577
27,536,699
65,653,342

(2) Quarterly Consolidated Statements of Income and Comprehensive Income(Quarterly Consolidated Statements of Income)(Third quarter consolidated cumulative period)(Thousands of yen)
Nine months ended
December 31, 2022
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Commission income
Insurance claim income
Compensation income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Rent expenses on store(construct inprogress)
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Subsidy income
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss on cancellation of rental contracts
Impairment losses
Loss due to temporary closure
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit attributable to non-controllinginterestsProfit attributable to owners of parent- 5 -Nine months ended
December 31, 2023

62,696,159
46,408,887
16,287,272
12,576,877
3,710,394

84,141,496
63,034,188
21,107,307
15,986,139
5,121,168

1,371
11,97139,361
4,814
2,095
540,806
23,104
623,526

18,534
12,93529,315
3,427
14,622－33,859112,694

43,87754,655300,489

7,867

10,791
355,158
3,978,762

12,43774,9605,158,901

3,717
25,99029,708

1,461
－
1,461

10,552600
53,861
4,185
69,1993,939,270
1,221,848
2,717,422

33,551542
39,893－73,986
5,086,376
1,395,545
3,690,831

22,53916,766

2,694,882

3,674,064

(Quarterly Consolidated Statements of Comprehensive Income)(Third quarter consolidated cumulative period)(Thousands of yen)
Nine months ended
December 31, 2022
ProfitOther comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to ownersof parent
Comprehensive income attributable to noncontrolling interests- 6 -Nine months ended
December 31, 2023

2,717,422

3,690,831

14,297

12,853496,175
510,473
3,227,895

427,172
440,025
4,130,856

3,235,691

4,089,617△7,79541,238