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 Non-Consolidated Financial Results
for the Six Months Ended March 31, 2024
(Based on Japanese GAAP)
April 30, 2024
Company name:
CAREER DESIGN CENTER CO.,LTD.
Stock exchange listing: Tokyo
Stock code:
Representative:

2410
URL https://cdc.type.jp/ir/
Chairman and CEO

Inquiries:

Senior Managing Director in charge ofcorporate planning

Hiromi Tada
Yutaka Nishiyama

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

May 15, 2024
Undecided

Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:

Yes
Yes

TEL

03-3560-1601(Amounts less than one million yen are rounded down)
1. Non-consolidated financial results for the six months ended March 31, 2024 (from October 1, 2023 to March 31, 2024)(1) Non-consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Net sales
Six months ended March 31, 2024
Six months ended March 31, 2023

Millions of yen
8,746
8,534

Operating profit% Millions of yen
2.5
687
16.8
818

Earnings per share

Ordinary profit% Millions of yen(16.1)
688
35.0
811

%
(15.9)
33.9

Diluted earnings per share

Yen
84.23
100.83Six months ended March 31, 2024
Six months ended March 31, 2023

Profit% Millions of yen(15.1)
468
34.1
557

Yen––(2) Non-consolidated financial position
Total assets

Net assets

Millions of yen
7,877
7,999

As of March 31, 2024
As of September 30, 2023

Equity ratio

Millions of yen
4,069
3,933

Net assets per share%
51.7
49.2

Yen
729.15708.14

2. Cash dividends
Annual dividends per share

Year ended September 30, 2023
Year ending September 30, 2024
Year ending September 30, 2024
(Forecast)

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Total

Yen––

Yen
0.00
0.00

Yen–

Yen
70.00

Yen
70.00

–

80.00

80.00

3. Forecast of non-consolidated financial results for the year ending September 30, 2024 (from October 1, 2023 to September 30, 2024)
Percentages indicate year-on-year changes
Net sales
Full year

Millions of yen
18,370Operating profit% Millions of yen
5.6
1,764

Ordinary profit% Millions of yen
11.3
1,750

1Profit% Millions of yen
10.9
1,203

Earnings per share%
3.5

Yen
217.28

4. Notes(1) Application of special accounting methods for preparing quarterly non-consolidated financial statements: No(2) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
NoChanges in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

NoNo

Restatement of prior period financial statements:

No(3) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2024

7,054,400 shares As of September 30, 2023

7,054,400 shares

1,473,779 shares As of September 30, 2023

1,499,813 shares

Number of treasury shares at the end of the period
As of March 31, 2024

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Six months ended March 31, 2024

5,562,963 shares Six months ended March 31, 2023

2

5,527,015 shares

Quarterly non-consolidated financial statements
Non-consolidated balance sheets(Thousands of yen)
As of September 30, 2023

As of March 31, 2024

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Work in process
OtherAllowance for doubtful accounts
Total current assets

4,534,275
1,429,675

4,061,621
1,414,686

9,403
153,820–231,758(3,002)(3,253)

6,124,173

5,704,813

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

150,312245,613

Other, net

11,227

24,244

Total property, plant and equipment

161,540

269,857

Software
Other

1,001,598
161,469

972,955
293,120

Total intangible assets

1,163,068

1,266,076

Investments and other assets
Deferred tax assets

224,929

201,415

258,394
68,317

335,619
99,843

Intangible assets

Leasehold and guarantee deposits
Other
Allowance for doubtful accounts(1,057)(336)

Total investments and other assets

550,584

636,5411,875,192

2,172,475

7,999,366

7,877,289

Accounts payable - trade
Current portion of long-term borrowings

9,247
99,996

8,526
99,996

Accounts payable - otherAccrued expenses

650,124
867,696794,311
840,720

Contract liabilities
Accrued consumption taxes

384,209
339,063

370,165
200,146

Income taxes payable
Provision for bonuses

381,375
220,637

226,572
203,060

Total non-current assets
Total assets
Liabilities
Current liabilities

Other

148,305

141,0093,100,655

2,884,509

Long-term borrowings
Provision for retirement benefits708,345
235,407658,347
245,283

Asset retirement obligations
Other provisions

19,995
1,557

20,027–

Total current liabilities
Non-current liabilities

Total non-current liabilities
Total liabilities

3965,305

923,658

4,065,960

3,808,167

(Thousands of yen)
As of September 30, 2023

As of March 31, 2024

Net assets
Shareholders' equity
Share capital

558,663558,663

Capital surplus
Legal capital surplus

211,310211,310

Other capital surplus

151,814179,136

Total capital surplus

363,125

390,446

Other retained earningsRetained earnings brought forward

4,664,609

4,744,368

Total retained earnings

4,664,609

4,744,368

Treasury shares(1,652,992)(1,624,356)

Total shareholders' equity

3,933,406

4,069,121

3,933,406

4,069,121

7,999,366

7,877,289

Retained earnings

Total net assets
Total liabilities and net assets

4Non-consolidated statements of income (cumulative)(Thousands of yen)Six months ended

Six months ended

March 31, 2023

March 31, 2024

Net sales
Cost of sales

8,534,587
3,893,447

8,746,702
3,921,367

Gross profit

4,641,139

4,825,334

Selling, general and administrative expenses

3,822,570

4,138,215

818,569

687,118

Interest income
Cancellation Fee

14
1,300

18
3,814

Surrender value of insurance policies
Compensation income

5,670
3,432–
3,432

282

514

10,698

7,779Interest expenses
Loss on cancellation of insurance policies

6,015
9,981

5,339
–

Other

1,833

1,004

Operating profit
Non-operating income

Other
Total non-operating income
Non-operating expenses

Total non-operating expenses
Ordinary profit
Extraordinary losses
Loss on retirement of non-current assets
Total extraordinary losses

17,831

6,343

811,437

688,554

0

3,068

0

3,068

Profit before income taxes

811,437

685,486

Income taxes - current
Income taxes - deferred

246,955
7,215

193,391
23,514

Total income taxes

254,170

216,906

Profit557,266

468,5795

Non-consolidated statements of cash flows(Thousands of yen)

Cash flows from operating activities
Profit before income taxes

Six months ended

Six months ended

March 31, 2023

March 31, 2024

811,437

685,486

Depreciation
Increase (decrease) in allowance for doubtful accounts

194,586
588

214,981
1,480

Increase (decrease) in provision for bonuses
Increase (decrease) in provision for retirement benefits

1,717
7,596

(17,577)9,875Interest income
Interest expenses

(14)
6,015

(18)
5,339

Loss on retirement of non-current assets
Decrease (increase) in trade receivables

0
7,405

3,068
14,480Decrease (increase) in inventories
Increase (decrease) in trade payables

8,944(2,197)

8,263
(720)

Increase (decrease) in accounts payable - other
Increase (decrease) in accrued expenses(126,523)
22,31731,557(26,975)

Increase (decrease) in contract liabilities
Increase (decrease) in accrued consumption taxes

35,197(120,572)(14,044)(138,916)

Other, net(28,088)(67,478)

Subtotal

818,409708,801

Interest and dividends received

1418

Interest paid
Income taxes paid

(4,958)(158,555)(5,362)(342,115)

Net cash provided by (used in) operating activities

654,909361,342

Cash flows from investing activities
Purchase of property, plant and equipment(5,897)(6,139)(190,137)–(310,605)(79,091)

42,108–(153,926)(395,836)

Repayments of long-term borrowings
Purchase of treasury shares(49,998)(117)(49,998)(121)

Dividends paid

(247,673)(388,040)

Net cash provided by (used in) financing activities

Purchase of intangible assets
Payments of leasehold and guarantee deposits
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities(297,789)(438,160)

Net increase (decrease) in cash and cash equivalents

203,193(472,654)

Cash and cash equivalents at beginning of period

3,322,206

4,434,275

Cash and cash equivalents at end of period

3,525,400

3,961,621

6