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 June 30, 2024
(Based on Japanese GAAP)
August 9, 2024
NPR-RIKEN CORPORATION
Company name:
Stock exchange listing: Tokyo
Stock code:
Representative:

6209
URL https://www.npr-riken.co.jp/
Representative Director, Chairman and CEO Yasunori Maekawa

Inquiries:

General ManagerCorporate Management Division

Kazunori Maeda

Scheduled date to commence dividend payments:
Preparation of supplementary material on financial results:–
No

Holding of financial results meeting:

NoTEL

03-6899-1871(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the three months ended June 30, 2024 (from April 1, 2024 to June 30, 2024)(1) Consolidated operating results (cumulative)
Net sales
Three months ended June 30, 2024
Three months ended June 30, 2023

Millions of yen41,114–

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
owners of parent% Millions of yen% Millions of yen% Millions of yen%
–
2,651
–
3,930
–
2,454
––––––––

Earnings per share

Diluted earnings per share

Yen
88.70
–

Three months ended June 30, 2024
Three months ended June 30, 2023

Yen
88.48
–

(2) Consolidated financial position
Total assets
As of June 30, 2024
As of March 31, 2024

Net assets

Millions of yen
219,825
218,580

Equity ratio

Millions of yen
149,127
149,166

%
63.9
64.2

2. Cash dividendsAnnual dividends per share

Year ended March 31, 2024
Year ending March 31, 2025

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––Yen–

Yen–

Yen
70.00

Yen
70.00

45.00

–

70.00

115.00Year ending March 31, 2025 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2025 (from April 1, 2024 to March 31, 2025)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
Earnings per shareowners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%Yen
Full year
171,000
23.4
10,40018.7
12,7009.2
8,000 (69.6)
284.31

1

4. Notes(1) Significant changes in the scope of consolidation during the three months ended June 30, 2024:

No(2) Application of special accounting methods for preparing 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:
Yes
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

NoNo

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 June 30, 2024

28,141,360 shares As of March 31, 2024

28,141,360 shares

Number of treasury shares at the end of the period
As of June 30, 2024

1,357,857 shares As of March 31, 2024

3,159 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2024

27,677,845 shares Three months ended June 30, 2023

2– shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2024

As of June 30, 2024

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract assets

24,44038,70925,53536,837

Merchandise and finished goods
Work in process

22,736
7,348

23,735
7,655

Raw materials and supplies
Other

7,497
3,680

7,425
3,720

Allowance for doubtful accounts

(63)

(64)

104,348

104,84416,108

16,319Machinery, equipment and vehicles, net
Land19,703
8,623

20,341
8,659

Construction in progress
Other, net

1,986
3,773

2,104
3,931

Total property, plant and equipment

50,19551,355Intangible assets
Leased assets

1,247

1,146

Goodwill
Other

5,073
1,232

4,958
1,196

Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net

Total intangible assets

7,553

7,301

Investments and other assets
Investment securities

40,401

39,471

Deferred tax assets
Retirement benefit asset

1,443
13,412

1,490
13,932

Other
Allowance for doubtful accounts

1,252(26)1,452(24)

Total investments and other assets
Total non-current assets
Total assets

356,482

56,323

114,232

114,980

218,580

219,825

(Millions of yen)
As of March 31, 2024

As of June 30, 2024

Liabilities
Current liabilities
Notes and accounts payable - trade

10,915

9,843

Electronically recorded obligations - operating
Short-term borrowings

9,148
7,816

9,224
11,460Current portion of long-term borrowings
Income taxes payable

2,404
1,587

2,184
917

Provision for bonusesOther

2,794
9,999

1,770
10,900Total current liabilities

44,66846,303

Non-current liabilities
Long-term borrowings

9,565

9,180

3,835
285

4,053
285

189

198

Deferred tax liabilities
Other

7,921
2,947

7,783
2,893

Total non-current liabilities

24,74524,394

69,41370,698

Shareholders' equity
Share capital

5,061

5,212

Capital surplus
Retained earnings

25,59089,88425,72190,370(6)(3,966)

120,530

117,337

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

7,750
(111)

7,357
(165)

Foreign currency translation adjustment
Remeasurements of defined benefit plans

6,116
6,147

9,741
6,105

Total accumulated other comprehensive income

19,902

23,039

118
8,615

97
8,653

149,166

149,127

218,580

219,825

Retirement benefit liability
Provision for product warranties
Provision for retirement benefits for directors (and otherofficers)

Total liabilities
Net assets

Treasury shares
Total shareholders' equity
Accumulated other comprehensive income

Share acquisition rights
Non-controlling interests
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
June 30, 2024
Net sales
Cost of sales

41,11431,546Gross profit

9,568

Selling, general and administrative expenses

6,916

Operating profit

2,651

Non-operating income
Interest and dividend income
Foreign exchange gains

475
220

Share of profit of entities accounted for using equity method
Other593
121

Total non-operating income

1,411

Non-operating expenses
Interest expenses

66Other66

Total non-operating expenses

132

Ordinary profit

3,930

Extraordinary income
Gain on sale of non-current assets

1

Gain on sale of investment securities

153

Total extraordinary income

155

Extraordinary losses
Loss on retirement of non-current assets
Impairment losses

51
205

Total extraordinary losses

256

Profit before income taxes

3,829

Income taxes - current
Income taxes - deferred

867
384

Total income taxes

1,252

Profit2,577

Profit attributable to non-controlling interests

122

Profit attributable to owners of parent

2,454

5Consolidated statements of comprehensive income (cumulative)(Millions of yen)Three months ended
June 30, 2024
ProfitOther comprehensive income

2,577

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

(450)
(53)

Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax

3,214
(174)

Share of other comprehensive income of entities accounted
for using equity method691

Total other comprehensive income

3,228

Comprehensive income

5,805

Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling

5,451
354

interests

6