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 8, 2024
Company name:Takashima & Co.,Ltd.

Stock exchange listing: Tokyo
Stock code:
8007
Representative:
Inquiries:

URL

https://www.tak.co.jp/en/index.html

President and Representative Director
Accounting Unit Manager

Koichi Takashima
Koki Sakai

Scheduled date to commence dividend payments:
Preparation of supplementary material on financial results:–
Yes

Holding of financial results meeting:

No

TEL

+81-3-5217-7297(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 yen
24,22019,775Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
owners of parent% Millions of yen% Millions of yen% Millions of yen%
22.5
385 (11.7)
359 (39.1)
185 (55.3)
11.9
436 131.5591
96.6
415 116.8

Earnings per share

Diluted earnings per share

Yen
Yen
Three months ended June 30, 2024
10.82–
Three months ended June 30, 2023
23.36–
Note: The Company conducted a 4-for-1 stock split of shares of common stock, effective October 1, 2023. Profit attributable to owners ofparent is calculated on the assumption that the stock split was conducted at the beginning of the previous fiscal year.
(2) Consolidated financial position
Total assets
As of June 30, 2024
As of March 31, 2024

Net assets

Millions of yen
59,69360,409Equity ratio

Millions of yen
23,287
23,578

Net assets per share
%
39.0
39.0

Yen
1,361.87
1,362.75

2. Cash dividends
Annual 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
20.00

Yen
–

Yen
40.00

Total
Yen
60.00

Year ending March 31, 2025 (Forecast)
40.00
–
40.00
80.00
Note: The Company conducted a 4-for-1 stock split of shares of common stock, effective October 1, 2023. Dividends is calculated on theassumption that the stock split was conducted at the beginning of the previous fiscal year.
Note: Breakdown of year-end dividend for the fiscal year ended March 31, 2024. Ordinary dividend: ¥25.00 Special dividend: ¥15.00
Note: For the revision of the dividend forecast, please refer to the "Notice Concerning Revision of Shareholder Return Policy under MediumTerm Management Plan Sustainability V (Value) and Revision of Dividend Forecast (Dividend Increase)" released today (August 8, 2024).

1

3. Forecast of consolidated financial results for the year ending March 31, 2025 (from April 1, 2024 to March 31, 2025)

Net sales

Full year

Millions of yen
94,000Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
Earnings per shareowners of parent% Millions of yen% Millions of yen% Millions of yen
%
Yen
4.3
2,000
14.4
2,000
(0.2)
1,600 (66.9)
90.39

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:
Changes in accounting policies due to other reasons:

Yes
No

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 June 30, 2024

17,762,892 shares As of March 31, 2024

17,762,892 shares

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

663,340 shares As of March 31, 2024

460,640 shares

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

17,161,377 shares Three months ended June 30, 2023

2

17,793,090 shares

Quarterly consolidated financial statements
Consolidated balance sheets
As of March 31, 2024
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract
assetsMerchandise and finished goods
Work in process
Raw materials and supplies
Costs on construction contracts in progress
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Retirement benefit asset
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

3(Millions of yen)
As of June 30, 2024

12,371

7,775

23,43827,254

4,971
152
1,367
70
1,538
(33)
43,877

5,337
193
1,287
141
1,188
(40)
43,138

4,762

4,761

5,611
998
6,609

5,458
960
6,419

2,862
435
2,015
(154)
5,159
16,53160,409

3,131
437
1,959
(154)
5,374
16,55559,693

As of March 31, 2024
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Income taxes payable
Provision for bonuses
Provision for bonuses for directors (and otherofficers)
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Retirement benefit liability
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
Revaluation reserve for land
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets

4(Millions of yen)
As of June 30, 2024

16,647
5,585
4,807
2,375
773

17,095
5,877
5,767
89
413

103

14

2,056
32,3492,728
31,985

20
2,095
146
2,219
4,481
36,830

15
2,004
142
2,258
4,420
36,406

3,801
1,553
16,898(603)
21,6493,801
1,553
16,392(845)
20,901

867

1,052

32
931
98
1,929
23,57860,409

32
1,216
84
2,385
23,287
59,693

Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)Three months ended
Three months ended
June 30, 2023
June 30, 2024
Net sales
19,77524,220
Cost of sales
17,041
21,111Gross profit
2,734
3,108
Selling, general and administrative expenses
2,298
2,723
Operating profit
436
385
Non-operating income
Interest income
13
14
Dividend income
6052
Foreign exchange gains
70–
Share of profit of entities accounted for using equity
50methodReversal of allowance for doubtful accounts
9
–
Other
15
15
Total non-operating income
17482
Non-operating expenses
Interest expenses
15
17
Foreign exchange losses
–
84
Other
4
5
Total non-operating expenses
20
108
Ordinary profit
591
359
Extraordinary income
Gain on sale of investment securities
141–
Gain on sale of shares of subsidiaries and associates–
14
Gain on insurance claims–
3
Total extraordinary income
141
17
Extraordinary losses
Loss on sale of investment securities
3–
Loss on valuation of investment securities
2–
Total extraordinary losses
6–
Profit before income taxes
725
377
Income taxes - current
150
76
Income taxes - deferred
160
115
Total income taxes
310
191
Profit415
185
Profit attributable to owners of parent
415
185

5

Consolidated statements of comprehensive income (cumulative)

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent6

Three months ended
June 30, 2023
415

(Millions of yen)Three months ended
June 30, 2024
185

163
10
2
176
591

185
285
(13)
456
642

591

642