The term Ended March 31, 2024
Brief Report on Consolidated Closing of Accounts
Yorozu Corporation

Name of Listed Company
Code No.

May 15, 2024

Stock Exchange Listing : Tokyo7294(URL http://www.yorozu-corp.co.jp/)
Representative DirectorPresident, COO
Name : Tsutomu Hiranaka

The reference

Executive Vice President & CFO
Name : Norio Hirano

TEL (045) 543 - 6802

Scheduled date for shareholders meeting : Jun 27, 2024
Scheduled date for submission of annual financial report : Jun 27, 2024
Scheduled date for Start of Dividend Payment : Jun 14, 2024
Supplemental explanation for closing ： Yes
Holding of finacial results briefing : Yes (for institutional investors and analysts)(Amounts less than one million yen are rounded down)
1. Consolidated basis Business Results for the term Ended March 31, 2024 (April 1, 2023 through March 31, 2024)(1) Consolidated operating results(Percent indications show percentage of changes from corresponding figures for the previous period.)
Net Income Attributable toNet Sales
Operating Income
Ordinary Income
Owners of Parent\ million％\ million％\million％

4,459
44.4
FY2023
181,468
13.0
3,088
47.3
FY2022
160,560
26.1(Note) Comprehensive income FY2023 △971million yen( - %) FY2022 7,692million yen( 46.7%)

4,5172,99251.0
31.0△3,926
1,422

62.3\ million％

Net Income
Per Share

Net Income
Per Share (Diluted)\Return on
EquityOperating
Incometo SalesOrdinary Income
to Total Assets

\％％

％

△6.1
FY2023△162 .07
3.2
2.4
FY202259 .0057 .812.2(Reference) Equity in net income of affiliates: FY2023 －million yen FY2022 －million yen(Note) FY2023 Net income per share diluted is not shown above because of net loss per share but diluted shares exist.

2.5
1.9

(2) Consolidated financial position
Total Assets

Net Assets\ million

FY2023
FY2022(Reference) Owner's equity

142,257
141,511

FY2023
FY2022

66,07063,630Equity Ratio\ million

Net Assets per Share％\75,493
77,43946.4
45.0

2,723 .52
2,635 .58

Cash Flow from Investing
Activities

Cash Flow from Financing
Activities

Cash and Cash Equivalents at end of\ million(3) Cash Flow
Cash Flow from Operating
Activities\ million\ million△ 11,851△ 5,164

12,531
2,924

FY2023
FY2022year\ million\ million△ 1,741△4,81922,28722,287

2. Dividends
Dividends Per Share1st. Qtr.

date

2nd. Qtr.
￥－－－

FY2022
FY2023
FY2024 (Forecast)

Total PaymentPayout Ratio

3rd. Qtr
￥7.00
13.00
15.00

Year End￥－－－

Full-Year
￥

18.00
17.00
16.00

(annual)￥25.0030.00
31.00

Net Sales
Full year

Operating Income％\ million％\ million％

180,000

△ 0.8

4,500

0.9

2,750

△ 39.1Net Income Attributableto Owners of ParentFull year

Ordinary Income\ million」\million％

1,050-Net IncomePer Share\43.04\million

603
727

3. Consolidated basis Forecasts for FY2024（April 1, 2024 through March 31, 2025）(Percent indications show percentage of changes from corresponding figures for the previous period.)(Consolidated)

Ratio of Dividends toNet Assets (Consolidated)

%%

42.4
72.0

1.01.1※Notes(1) Changes in significant subsidiaries during FY2023 (Changes in specified subsidiaries that caused a change in the scope of consolidation):None
Newｌy included： NoneExclusion： None
(2) Changes in accounting principles, procedures, and disclosures① Changes by accounting standard change: None
② Changes other than (2)-① above：None③ Changes of accounting estimates: None
④ Restatement: None
(3) # of shares issued (common stock)① Term end # of shares issued (include treasury stock)
FY202325,055,636
FY2022
25,055,636② Term end # of treasury stock
FY2023796,233
FY2022912,933③ Average # of shares
FY202324,227,199
FY2022
24,109,638（ Reference）

1. Yorozu Corporation individually Business Results for the term Ended March 31, 2024(April 1, 2023 through March 31, 2024)(Percent indications show percentage of changes from corresponding figures for the previous period.)(1) Individually Operating Results
Net Sales
Operating Income
Ordinary Income
Net Income
FY2023
FY2022\ million％\ million％\ million％\million％

66,33549,697

33.5
36.8

4,954
2,522

96.4
71.3

5,769
3,150

83.1
35.6

1,980
2,371

△ 16.531.3

Net Income Per ShareNet Income
Per Share-Diluted\FY2023
FY2022

81.76
98.36

\80.11
96.36(2) Individually Financial Status
Total Assets

Net Assets\ million

FY2023
FY2022【Reference】Owner's equity

95,00084,452

FY2023
FY2022

47,68744,689Equity Ratio\ million

48,28745,288Net Assets per Share％

\50.2
52.9

1,965 .74
1,851 .05

\ million＊This Financial Results report for FY2023 is exempt from financial audit.
＊Explanation regarding the appropriate use of forecasts of business results and other special notes
・The financial forecast is based on judgments and estimates that have been made on the basis of currently available information.
Consequently, the final results might be significantly different from the aforementioned forecast due to various reasons.
A briefing regarding Financial Results will be held on May 24, 2024 for institutional investors and analysts.
Materials used in the briefing shall be published on the website (homepage) shortly.