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 Nine Months Ended December 31, 2023
(Based on Japanese GAAP)
February 14, 2024
Company name:
NPR-RIKEN CORPORATION
Stock exchange listing: Tokyo
Stock code:
Representative:

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

Inquiries:General Manager
Corporate Management Division

Kazunori Maeda

TEL

Scheduled date to file Quarterly Securities Report:
Scheduled date to commence dividend payments:

February 14, 2024–

Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:NoNo03-6899-1871(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the nine months ended December 31, 2023 (from April 1, 2023 to December 31, 2023)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Nine months ended December 31, 2023
96,371
–
5,776
–
8,338
–
8,707
–
Nine months ended December 31, 2022––––––––
Earnings per share

Diluted earnings per shareYen
382.31–

Nine months ended December 31, 2023
Nine months ended December 31, 2022

Yen
381.18–(2) Consolidated financial position
Total assets

Net assets

Millions of yen
213,302–

As of December 31, 2023As of March 31, 2023

Equity ratio

Millions of yen
124,565–%
54.6–

2. Cash dividends
Annual dividends per share

Year ended March 31, 2023
Year ending March 31, 2024

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––Yen––Yen––Yen–

Yen–

70.00

70.00

Year ending March 31, 2024 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2024 (from April 1, 2023 to March 31, 2024)
Net sales
Full year

Millions of yen
137,000

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
Earnings per shareowners of parent
Yen% Millions of yen% Millions of yen% Millions of yen%
–8,000–10,500–30,000–1,245.47

14. Notes(1) Changes in significant subsidiaries during the nine months ended December 31, 2023
(changes in specified subsidiaries resulting in the change in scope of consolidation):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:
Changes in accounting policies due to other reasons:

NoNo

Changes in accounting estimates:
Restatement of prior period financial statements:

NoNo(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2023

28,141,360 shares As of March 31, 2023

– shares

Number of treasury shares at the end of the period
As of December 31, 2023

2,054 shares As of March 31, 2023

– sharesAverage number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2023

22,775,366 shares Nine months ended December 31, 2022

2– shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of December 31, 2023
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract assets

24,74540,779Merchandise and finished goods
Work in process

23,0407,412

Raw materials and supplies
Other7,571
3,108

Allowance for doubtful accounts(56)

Total current assets

106,601

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

18,565

Machinery, equipment and vehicles, net
Land25,32010,972

Construction in progress
Other, net

2,219
2,318

Total property, plant and equipment

59,396

Intangible assets
Leased assets

1,348

Other

1,414

Total intangible assets

2,763

Investments and other assets
Investment securities
Deferred tax assets

34,344
1,270

Retirement benefit asset
Other

7,478
1,476

Allowance for doubtful accounts(29)Total investments and other assets

44,541

Total non-current assets

106,700

Total assets

213,3023

(Millions of yen)
As of December 31, 2023
Liabilities
Current liabilities
Notes and accounts payable - trade

12,216

Electronically recorded obligations - operating
Short-term borrowings

8,759
6,288

Current portion of long-term borrowings
Income taxes payable

2,490
944

Provision for bonuses
Other

1,633
34,759Total current liabilities

67,090Non-current liabilities
Long-term borrowings

10,224Retirement benefit liability
Provision for product warranties

4,569
285

Provision for environmental measures
Other

9
6,556

Total non-current liabilities

21,645

Total liabilities

88,736

Net assets
Shareholders' equity
Share capital

5,061

Capital surplus
Retained earnings

22,73575,121

Treasury shares(3)

Total shareholders' equity

102,915

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

3,877
(39)

Foreign currency translation adjustment
Remeasurements of defined benefit plans

7,678
1,961

Total accumulated other comprehensive income

13,478

Share acquisition rights
Non-controlling interests

118
8,053

Total net assets

124,565

Total liabilities and net assets

213,3024

Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)
Nine months ended
December 31, 2023
Net sales
Cost of sales

96,371
76,358Gross profit

20,013

Selling, general and administrative expenses

14,237

Operating profit

5,776

Non-operating income
Interest and dividend income
Foreign exchange gains

754
103

Share of profit of entities accounted for using equity method
Other

1,492
538

Total non-operating income

2,889

Non-operating expenses
Interest expenses

108

Other

217

Total non-operating expenses

326

Ordinary profit

8,338

Extraordinary income
Gain on sale of non-current assets

10Gain on bargain purchase

2,730

Total extraordinary income

2,741

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

95
5

Impairment losses
Loss on sale of investment securities

14262

Total extraordinary losses

306

Profit before income taxes

10,773

Income taxes - current
Income taxes - deferred

1,694
545

Total income taxes

2,239

Profit8,534

Loss attributable to non-controlling interests(173)

Profit attributable to owners of parent

8,707

5Consolidated statements of comprehensive income (cumulative)(Millions of yen)
Nine months ended
December 31, 2023
ProfitOther comprehensive income

8,534

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

2,045
(43)

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

3,874(583)Share of other comprehensive income of entities accounted
for using equity method735

Total other comprehensive income

6,027

Comprehensive income

14,561

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

14,314
246

interests

6