[Translation]
Notice: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy
between this translated document and the Japanese original, the original shall prevail.

Summary of Consolidated Financial Results
for the Three Months Ended June 30, 2024
(Based on Japanese GAAP)
August 9, 2024
Company name:

RIKEN VITAMIN CO., LTD.

Listing:
Stock code:

Tokyo Stock Exchange
4526
URL https://www.rikenvitamin.jp/

Representative:

Kazuhiko Yamaki, President and Representative Director
Yuichi Nakagawa, General Manager of Corporate Planning Department, Chief Manager of Corporate Planning

Inquiries:

Division
03-5362-1315

Telephone:

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

Holding of quarterly financial results meeting:No(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)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profitOrdinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%Three months ended June 30, 2024
23,626
6.5
2,522
1.9
2,927
(2.4)
2,370
14.6
Three months ended June 30, 2023
22,189
2.9
2,476
22.4
2,998
23.1
2,068
12.8
Note: Comprehensive income

For the three months ended June 30, 2024:
For the three months ended June 30, 2023:
Earnings per share¥3,154 million¥4,573 million

Diluted earnings per share

Yen
78.08
63.05

Three months ended June 30, 2024
Three months ended June 30, 2023[(31.0)%][111.1%]

Yen––(2) Consolidated financial position
Total assets
As of June 30, 2024
As of March 31, 2024
Reference:

EquityNet assets

Millions of yen
119,691
118,776
As of June 30, 2024:
As of March 31, 2024:

Equity ratio

Millions of yen
78,26376,643

%
65.4
64.5

¥78,230 million¥76,613 million

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
30.50Yen–Yen
50.50

Yen
81.00

–40.5081.00

Year ending March 31, 2025 (Forecast)
40.50
Note:
Revisions to the forecast of cash dividends most recently announced: NoneTotal

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

Percentages 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

Millions of yen
Six months ending
45,5002.04,000 (13.0)
4,300 (17.6)
September 30, 2024
Full year
92,5001.1
8,500(9.3)
9,000 (12.6)
Note:
Revisions to the forecast of consolidated financial results most recently announced: None
13,300(10.0)

108.708,100(7.5)

266.81

[Translation]
4. Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2024
(changes in specified subsidiaries resulting in the change in scope of consolidation):(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

NoYes(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:
Yes
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

NoNo

Restatement of prior period financial statements:

No(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

33,705,100 shares As of March 31, 2024

33,705,100 shares

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

3,345,875 shares As of March 31, 2024

3,349,316 shares

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

30,356,931 shares Three months ended June 30, 2023

232,814,325 shares

[Translation]

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2024

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade
Electronically recorded monetary claims-operatingMerchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Current assets
Non-current assets
Property, plant and equipment
Buildings and structures, netMachinery, equipment and vehicles, net
Other, net
Property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Retirement benefit asset
Other
Allowance for doubtful accounts
Investments and other assets
Non-current assets
Assets3

As of June 30, 2024

23,384
21,884
1,232
8,640
4,589
5,352
1,438
(2)
66,521

23,74722,295
1,298
8,962
4,749
5,490
1,475
(1)
68,017

12,1537,472
3,756
23,382976

12,4497,250
3,850
23,549940

21,519
4,889
1,489
(3)
27,89552,254
118,776

20,792
4,953
1,440
(3)
27,18351,673
119,691

[Translation](Millions of yen)
As of March 31, 2024
Liabilities
Current liabilities
Notes and accounts payable-trade
Electronically recorded obligations-operating
Short-term borrowings
Income taxes payable
Provisions
Other
Current liabilities
Non-current liabilities
Long-term borrowings
Provisions
Retirement benefit liability
Other
Non-current liabilities
Liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Shareholders' equity
Valuation and translation adjustments
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Valuation and translation adjustments
Non-controlling interests
Net assets
Liabilities and net assets

4

As of June 30, 2024

9,130
770
11,938
1,352
1,390
6,534
31,1179,300
777
12,033
639
451
6,786
29,989

4,115
195
297
6,407
11,015
42,132

4,083
201
305
6,847
11,43841,4282,537
2,466
65,290(7,954)62,3392,537
2,466
66,119(7,947)
63,176

9,625
23
3,496
1,128
14,27330
76,643
118,776

9,254
39
4,709
1,051
15,05433
78,263
119,691

[Translation]

Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)Three months ended
June 30, 2023
Net sales
Cost of sales
Gross profit
Selling, general and administrative expensesOperating profit
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Other
Non-operating income
Non-operating expenses
Interest expenses
Other
Non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Subsidy income
Insurance claim income
Extraordinary income
Extraordinary losses
Loss on sale of non-current assets
Loss on disaster
Loss on retirement of non-current assets
Loss on tax purpose reduction entry of non-current assets
Loss on sale of investment securities
Loss related to business restructuring
Extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent

5

Three months ended
June 30, 2024

22,18914,845
7,343
4,867
2,476

23,626
15,603
8,023
5,501
2,522

46
240
209
61
558

61
270
45
66
444

27
8
36
2,998

30
8
39
2,927

－
－
5－
5

22
520
53
2
597

0－
41－
－－
41
2,961
891
2,070
12,068

103
26
48
050
140
3,385
1,013
2,371
02,370[Translation]

Consolidated statements of comprehensive income (cumulative)(Millions of yen)Three months ended
June 30, 2023
ProfitOther comprehensive income
Valuation difference on available-for-sale securities, net of tax
Deferred gains or losses on hedges, net of tax
Foreign currency translation adjustment, net of tax
Remeasurements of defined benefit plans, net of tax
Other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests

6

Three months ended
June 30, 2024
2,070

2,371

1,899
35
602
(34)
2,503
4,573(371)16
1,214(76)
783
3,154

4,571
1

3,1512