Consolidated Financial Results
for the Three Months Ended September 30, 2022
[Japanese GAAP]
October 31, 2022
Company name: OLBA HEALTHCARE HOLDINGS, Inc.
Stock exchange listing: Tokyo Stock Exchange
Code number: 2689
URL: https://www.olba.co.jp/
Representative: Yohei Maeshima, President CEO
Contact: Nobuharu Murata, Managing Director and General Manager, Administrative Department
Phone: +81-86-236-1115
Scheduled date of filing quarterly securities report: November 14, 2022
Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: Unavailable
Schedule of quarterly financial results briefing session: Not scheduled(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Three Months Ended September 30, 2022 (July 1, 2022 toSeptember 30, 2022)(1) Consolidated Operating Results(% indicates changes from the previous year.)
Net income
Net sales
Operating income
Ordinary income
attributable toowners of parent
Three months ended
Million yen%
Million yen%
Million yen%
Million yen%
September 30, 2022
26,3075.240361.7404
57.0251
43.5
September 30, 2021
25,013
7.5
249 130.7
257 145.7
175
221.1(Note) Comprehensive income: Three months ended September 30, 2022: ¥248 million [26.9%]
Three months ended September 30, 2021: ¥196 million [277.1%]

Three months ended
September 30, 2022
September 30, 2021

Basic earnings
per share

Diluted earnings
per share

Yen

Yen

41.84
28.81

––(2) Consolidated Financial Position
Total assets
Million yen

Net assets

Equity ratio

Million yen%

38,531
8,982
As of September 30, 2022
39,968
9,093
As of June 30, 2022
(Reference) Equity: As of September 30, 2022: ¥8,982 million
As of June 30, 2022: ¥ 9,093 million

23.3
22.8

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

–

60.00

60.00

–

60.00

60.00

–
0.00
Fiscal year ended June 30, 2022–
Fiscal year ending June 30, 2023
Fiscal year ending June 30, 2023
0.00
(Forecast)(Note) Revision to the forecast for dividends announced most recently: NoneYear-end

Total

3. Consolidated Financial Results Forecast for the Fiscal Year Ending June 30, 2023 (July 1, 2022 to June 30, 2023)(% indicates changes from the previous corresponding period.)
Net income
Basic earnings
attributable toNet sales
Operating income Ordinary income
per shareowners of parent
Million yen%

Million yen%

Million yen%

Yen

486 (8.7)
1,309 (14.7)

80.01
215.27% Million yen

First half
53,980 1.8
753 (4.2)
753 (6.2)
Full year
109,479 1.4
2,000 (3.5)
1,998 (5.7)(Note) Revision to the financial results forecast announced most recently: NoneNotes:(1) Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting inchanges in scope of consolidation): None
Newly consolidated: None (Company Name); Removed from consolidation: None (Company Name)(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: None
(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: Yes
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting estimates: None
4) Retrospective restatement: None
(4) Total number of issued shares (common stock)1) Total number of issued shares at the end of the period (including treasury stock):
September 30, 2022: 6,250,000 shares
June 30, 2022: 6,250,000 shares2) Total number of treasury stock at the end of the period:
September 30, 2022: 238,515 shares
June 30, 2022: 243,515 shares
3) Average number of shares during the period:
Three months ended September 30, 2022: 6,010,235 shares
Three months ended September 30, 2021: 6,083,374 shares
As of September 30, 2022, 217,400 shares of the Company’s stock held by the Board Benefit Trust were included intreasury stock.

* Quarterly financial results are outside the scope of the quarterly review procedures conducted by a certified public
accountant or audit corporation.
* Explanation of the proper use of financial results forecast and other notes
The figures forecasted above are based on information that is available as of the date of publication of thisdocument, and contain a wide range of uncertain factors. Actual results may differ significantly from thesefigures due to factors such as changes in the business environment.

2. Quarterly Consolidated Financial Statements and Principal Notes(1) Quarterly Consolidated Balance Sheets(Thousand yen)
As of June 30, 2022
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, andcontract assets
Electronically recorded monetary claims operating
Merchandise
Other
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilitiesNotes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Income taxes payable
Provision for bonuses for directors (and otherofficers)
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Provision for share awards for directors (andother officers)
Retirement benefit liability
Long-term accounts payable - other
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

1

As of September 30, 2022

3,189,805

2,242,817

21,014,587

20,241,594

2,557,657

2,515,982

5,590,095
556,063
32,908,208

6,000,892
611,975
31,613,263

4,304,433

4,262,340

22,997
791,977
814,974
1,941,055
7,060,464
39,968,672

21,080735,861
756,942
1,899,136
6,918,418
38,531,682

18,170,804
7,856,732
220,000
602,342

17,486,979
6,283,505
2,320,000
45,240－3,329

35,391
1,980,835
28,866,106

71,643
1,445,528
27,656,226

55,000－212,628

214,329435,912278,127
1,027,590
2,009,258
30,875,365

430,634
203,502
1,044,127
1,892,594
29,548,820

607,750
315,704
8,369,369(375,903)
8,916,919

607,750
321,534
8,253,695(374,018)
8,808,961

121,157

121,027

55,229176,387－
9,093,306
39,968,672

52,873
173,900－
8,982,861
38,531,682

(2) Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income
Three Months Ended September 30

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Insurance claim income
Commission income
Electricity sale income
Subsidy income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Share of loss of entities accounted for using equity
methodElectricity sale expenses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of property, plant and equipment
Total extraordinary income
Extraordinary losses
Loss on retirement of property, plant andequipment
Loss on sale of property, plant and equipment
Loss on retirement of intangible
Impairment losses
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent

For the three months ended
September 30, 2021
25,013,186
22,199,192
2,813,993
2,564,514
249,4792(Thousand yen)For the three months ended
September 30, 2022
26,307,999
23,272,437
3,035,561
2,632,145
403,416

107
6,830
4,763
2,143
1,422
1,496
16,764

8
6
1,194
2,947
1,995
1,479
7,633

5,108

4,466

699

－

1,529
1,452
8,790
257,453

1,229
1,196
6,893
404,156

3,834
3,834

85
85

2,286

－

2,675
－
14,00018,962
242,325
32,66034,38367,044
175,280－
175,280

－
2,123
－
2,123
402,118
46,395104,263
150,659
251,459－
251,459

Quarterly Consolidated Statements of Comprehensive Income
Three Months Ended September 30

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests

For the three months ended
September 30, 2021
175,280(Thousand yen)
For the three months ended
September 30, 2022
251,459

26,120(5,182)
20,938196,219(130)(2,356)(2,486)248,972

196,219

248,972－－3