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 Nine Months Ended December 31, 2023
(Based on Japanese GAAP)
February 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 ManagerKoichi Takashima
Koki Sakai

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

February 8, 2024–

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

Yes
NoTEL

+81-3-5217-7297(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the nine months ended December 31, 2023 (from April 1, 2023 to December 31, 2023)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changesProfit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Nine months ended December 31, 2023
66,416
10.3
1,692
72.0
1,876
70.8
1,237
54.8
Nine months ended December 31, 2022
60,2116.5
983 (21.6)
1,098 (24.7)
799 (23.1)
Earnings per share

Diluted earnings per share

Yen
69.56
44.68

Nine months ended December 31, 2023
Nine months ended December 31, 2022

Yen––Note: The Company carried out a 4-for-1 stock split of shares of common stock, effective October 1, 2023. Earnings per share is calculated on
the assumption that the stock split was carried out at the beginning of the previous fiscal year.
(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Net assets per share

Millions of yen
Millions of yen%
Yen
As of December 31, 2023
62,773
20,53832.7
1,159.63
As of March 31, 2023
53,06019,53936.8
1,098.11
Note: The Company carried out a 4-for-1 stock split of shares of common stock, effective October 1, 2023. Net assets per share is calculated on
the assumption that the stock split was carried out at the beginning of the previous fiscal year.
2. Cash dividends
Annual dividends per share

Year ended March 31, 2023
Year ending March 31, 2024

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen
––

Yen
70.00
20.00

Yen––

Yen
100.00

Total
Yen
170.00Year ending March 31, 2024 (Forecast)
40.00
60.00
Note: On October 1, 2023, the Company carried out a 4-for-1 share split of its common stock. For the fiscal year ending March 31, 2023, theactual amount of dividends before the stock split is stated.
Breakdown of year-end dividend for the fiscal year ending March 2024 (forecast), Ordinary dividend 25 yen, Special dividend 15 yen

13. Forecast of consolidated financial results for the year ending March 31, 2024 (from April 1, 2023 to March 31, 2024)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
Earnings per shareowners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%Yen
Full year
94,00018.0
2,30030.32,40023.7
4,800 202.7
269.89Note: The Company carried out a 4-for-1 stock split of shares of common stock, effective October 1, 2023. Earnings per share is calculated on
the assumption that the stock split was carried out at the beginning of the previous fiscal year.
4. Notes(1) Changes in significant subsidiaries during the nine months ended December 31, 2023
(changes in specified subsidiaries resulting in the change in scope of consolidation):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:

NoNo

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 December 31, 2023

17,865,092 shares As of March 31, 2023

17,865,092 sharesNumber of treasury shares at the end of the period
As of December 31, 2023

153,940 shares As of March 31, 2023

71,552 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2023

17,784,942 shares Nine months ended December 31, 2022

2

17,893,200 shares

Quarterly consolidated financial statements
Consolidated balance sheets
As of March 31, 2023
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 December 31, 2023

7,791

7,014

26,26029,481

5,162
64
1,446
13742
(41)
41,440

5,801
233
1,441
91
533
(45)44,552

4,707

6,557

1,069
592
1,662

6,091
610
6,702

3,050
261
2,095
(158)
5,249
11,61953,060

2,804
258
2,051
(152)
4,961
18,221
62,773

As of March 31, 2023
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 December 31, 2023

15,277
5,735
3,548
384
554

18,162
4,944
8,485
451
4015275

2,033
27,5852,975
35,496

30
3,347
84
2,472
5,935
33,520

20
4,015
131
2,570
6,738
42,235

3,801
1,637
12,482(47)
17,874

3,801
1,642
12,918(134)
18,227

704

773

417
555
(12)
1,665
19,53953,060

417
1,125
(5)
2,310
20,53862,773

Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)
Nine months ended
Nine months ended
December 31, 2022
December 31, 2023
Net sales
60,211
66,416
Cost of sales
53,454
57,151Gross profit
6,757
9,264
Selling, general and administrative expenses
5,773
7,572
Operating profit
983
1,692
Non-operating income
Interest income
2162
Dividend income
116
106
Share of profit of entities accounted for using equity
124
methodForeign exchange gains–
17
Reversal of allowance for doubtful accounts
3–
Other
97
61
Total non-operating income
250253
Non-operating expenses
Interest expenses
3158
Foreign exchange losses
85–
Leave allowance of non-current assets
12–
Other
610
Total non-operating expenses
13568Ordinary profit
1,098
1,876
Extraordinary income
Gain on sale of investment securities
110423
Other–
40
Total extraordinary income
110463Extraordinary losses
Loss on retirement of non-current assets
2532
Loss on tax purpose reduction entry of non-current
7–
assetsLoss on sale of investment securities–
11
Loss on liquidation of subsidiaries–
102
Total extraordinary losses
33
146
Profit before income taxes
1,176
2,194
Income taxes - current
345
698
Income taxes for prior periods
63–
Income taxes - deferred(31)259
Total income taxes377
957
Profit799
1,237
Profit attributable to owners of parent
799
1,237

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 ofparent

6

Nine months ended
December 31, 2022
799

(Millions of yen)
Nine months ended
December 31, 2023
1,237

(12)
8170805
1,604

68570
6
645
1,882

1,604

1,882