Note:This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy
between the Japanese original and this English translation, the Japanese original shall prevail.

Consolidated Financial Results
for the Nine Months Ended November 30, 2022
[Japanese GAAP]
January 11, 2023
Company name: ABC-MART,INC.
Stock exchange listing: Tokyo
Code number: 2670
URL: https://www.abc-mart.co.jp/ir/
Representative: Minoru Noguchi
President and Representative Director
Contact: Yasuo Ishii
Director, Corporate Planning Office Manager
Phone: 0334765452
Scheduled date of filing quarterly securities report: January 12, 2023
Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: Yes (for institutional investors and analysts)(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Nine Months Ended November 30, 2022 (March 01, 2022 to November 30, 2022)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Million yen%
Million yen%
Million yen%
Million yen%
Nine months ended
November 30, 2022
208,571
15.5
28,99146.1
29,71045.1
20,706
43.8
November 30, 2021
180,571
12.6
19,84533.5
20,47529.1
14,39440.0(Note) Comprehensive income:Nine months ended November 30, 2022: ¥30,320 million [84.1%]
Nine months ended November 30, 2021: ¥16,473 million [18.8%]
Basic earnings
per share
Nine months endedNovember 30, 2022
November 30, 2021

Diluted earnings pershareYenYen

250.87174.40-(Note) The Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No.29, revised on March 31, 2020), etc. from the
beginning of the three months ended May 31, 2022.

(2) Consolidated Financial Position
Total assets
Million yen
As ofNovember 30, 2022
355,337
February 28, 2022
317,720(Reference) Equity: As of November 30, 2022:
As of February 28, 2022:
2. Dividends

Net assets

Capital adequacy ratio

Million yen¥
¥301,239
284,881299,302 million
283,298 million
Annual dividends
3rdquarter-end

Net assets per share%

Yen

84.2
89.2

3,626.19
3,432.30

1stquarter-end

2ndquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended February 28, 2022
85.00
Fiscal year ending February 28, 2023
85.00
Fiscal year ending February 28, 2023
(Forecast)(Note) Revision to the forecast for dividends announced most recently:
No-

85.00

170.0085.00

170.00Year-endTotal

3. Consolidated Financial Results Forecast for the Fiscal Year Ending February 28, 2023(March 01, 2022 to February 28, 2023)(% indicates changes from the previous corresponding period.)
Profit attributable to Basic earnings
Net sales
Operating profit
Ordinary profit
owners of parent
per share%

Million yen%

Million yen%

Yen

Full year
274,000
12.3
34,50025.7(Note) Revision to the financial results forecast announced most recently:

Million yen%

Million yen

35,300No

24.9

23,20033.5

281.08

* Notes:(1) Changes in significant subsidiaries during the nine months ended November 30, 2022
(changes in specified subsidiaries resulting in changes in scope of consolidation):NoNew(Company name:Exclusion:(Company name:(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:))
Yes(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: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
November 30, 2022:
82,539,646 shares
February 28, 2022:
82,539,646 shares2) Total number of treasury shares at the end of the period:
November 30, 2022:
552 shares
February 28, 2022:
472 shares
3) Average number of shares during the period:
Nine months ended November 30, 2022:
Nine months ended November 30, 2021:

82,539,130 shares
82,539,176 shares

THIS QUARTERLY CONSOLIDATED FINANCIAL RESULTS STATEMENT IS EXEMPT FROM THE QUARTERLYREVIEW PROCEDURES .
FORWARD LOOKING STATEMENTS AND OTHER SPECIAL ITEMSThe forecast for the year ending February 28, 2023 is based on ABC-MART, INC.'s hypotheses, plans and estimates at the date of publication. It is possiblethat some uncertain factors will cause the Company's future performance to differ significantly from the contents of forecast.

ABC-MART,INC.

Quarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets(Million yen)
As of February 28,2022
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Securities
Inventories
OtherAllowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, netTools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, netLand
Construction in progress
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Trademark right
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Shares of subsidiaries and associates
Long-term loans receivable
Leasehold and guarantee deposits
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

1

As of November 30,2022

141,767
11,091
10,181
59,8474,180(145)
226,923

132,278
18,7699,671
91,3099,572(184)
261,416

34,711(19,233)
15,478
17,116(12,757)
4,359
19,198
293
438
(394)
44
39,37336,667(20,070)
16,596
19,487(15,041)
4,446
19,251
530
458
(385)
73
40,898

393
509
3,935
4,837

184
104
4,519
4,808

14,567609
1,450
25,960
3,416
596
(16)
46,58590,796
317,72018,362
614
256
26,571
1,843
581
(17)
48,21393,921
355,337

ABC-MART,INC.

(Million yen)
As of February 28,2022
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term borrowings
Income taxes payable
Contract liabilities
Provision for bonuses
Provisions
Asset retirement obligations
Notes payable - facilities
Other
Total current liabilities
Non-current liabilities
Retirement benefit liability
Asset retirement obligations
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
Foreign currency translation adjustment
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

2

As of November 30,2022

13,161
1,350
4,884
984
226
205
933
9,521
31,26825,038
7,028
5,193
911
1,806
278
205
1,072
10,76052,294

313
345
911
1,570
32,838

749
399
654
1,803
54,097

19,972
24,043
228,162(2)
272,176

19,972
24,043234,837(3)
278,850

1,991

5,787

9,131
11,122
1,582
284,881
317,720

14,664
20,451
1,937
301,239
355,337

ABC-MART,INC.

Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the nine months)(Million yen)
For the nine months
ended November 30,2021
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Packing and transportation costs
Advertising expenses
Storage costs
Remuneration, salaries and allowances for directors(and other officers)
BonusesProvision for bonuses
Retirement benefit expenses
Legal and other welfare expenses
Rent expenses on land and buildings
Depreciation
Utilities expenses
Commission expenses
Taxes and dues
Amortization of goodwill
Other
Total selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Rent income for house
Advertising medium income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Rental expenses
Other
Total non-operating expenses
Ordinary profit

3For the nine months
ended November 30,2022

180,571
87,601
92,970208,571
100,194
108,376

2,812
4,733
2,121

2,987
4,472
2,044

19,074

20,976

388
1,797
550
2,957
20,166
4,025
1,530
5,066
1,232
583
6,082
73,124
19,845

391
1,804
619
3,332
22,174
4,186
1,929
6,047
1,247
474
6,698
79,38528,991

49
90
8
783
25
180
1,139

111
285
648
25
143
1,214

18
463
27
509
20,475

8
117
335
33
494
29,710ABC-MART,INC.

(Million yen)
For the nine months
ended November 30,2021
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Gain on sale of securities
Employment adjustment subsidies for covid19
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss on valuation of investment securities
Impairment losses
Loss due to covid19
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 nine months
ended November 30,2022803745021,381

21
734
46
801

149
190
285
624
21,231
6,906
(97)
6,808
14,42328
14,394

147
305
458
24
935
29,576
8,954(193)
8,760
20,815
109
20,706

Quarterly Consolidated Statements of Comprehensive Income (For the nine months)(Million yen)
For the nine months
ended November 30,2021
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent
Comprehensive income attributable to non-controllinginterests

4

For the nine months
ended November 30,2022

14,423

20,815

839
1,210
2,050
16,473

3,796
5,708
9,504
30,32016,32230,035150284