Notice: This document is an excerpt translation of the original Japanese document and is only forreference purposes. In the event of any discrepancy between this translated document and theoriginal Japanese document, the latter shall prevail.

Consolidated Financial Results for the Second Quarter of the Fiscal Year EndedMarch 31,2024[Based on Japanese GAAP]
November 7, 2023
(ListedonTokyo
Stock Exchange)
DaikyoNishikawa Corporation
4246
URL https://www.daikyonishikawa.co.jp/en/
Nariaki Uchida, Representative Director and President
Hironori Matsuo, Executive Officer and Corporate Planning Division ManagerTel. 082-493-5610
Scheduled date to file quarterly securities report: November 8, 2023
Scheduled date to commence dividend payments: December 4, 2023
Preparation of supplementary materials on quarterly financial results: Yes
Holding of quarterly results meeting: Yes
Company NameSecurities Code
RepresentativeInquiries(Amounts less than one million yen are rounded off)
1. Consolidated results for the 2nd quarter ended Sep.30, 2023(from Apr.1, 2023 to Sep.30, 2023)(1) Consolidated operating results(Percentages indicate year-on-year changes)
Profit (Loss) attributable
Operating
Ordinary
Net sales
to owners of the parent
income (loss)
income (loss)
Six-month period ended%

millions of yen%millions of yen%millions of yen

Sep. 30, 2023
77,470
22.9
4,285
－
4,617
Sep. 30, 2022
63,01115.3(1,446)－(1,179)
Note: Comprehensive income
For six-month period ended September 30, 2023
For six-month period ended September 30, 2022
Net income (loss)
per share

Diluted net income
per share

yenyen41.50(22.04)－－Six-month period ended

Sep. 30, 2023
Sep. 30, 2022%

millions of yen－
2,950－－(1,565)－
4,818 million yen (140.3%)
2,005 million yen (－%)

(2) Consolidated financial position
Total assets

Shareholders'equity ratio

Net assets

millions of yen%

millions of yen

As of Sep. 30, 2023
165,333
82,20047.9
As of Mar. 31, 2023
162,899
78,422
46.4
Reference: Shareholders' equity(Net assets excluding share subscription rights and non-controlling interests)
As of September 30, 2023
79,233 million yen
As of March 31, 2023
75,603 million yen
2. Dividends
Firstquarter-endAnnual dividends per share
SecondThird
Fiscalquarter-end quarter-end
year-end

Total

Fiscal year ended

yenyenyenyenyen

Mar. 31,2023
Mar. 31,2024

－－

15.00
15.00

－

15.00

30.00

－
15.00
Note: Revision of the dividend forecast most recently announced: None

30.00

Fiscal year ending
Mar. 31, 2024 (Forecasts)

3. Consolidated earnings forecasts for the fiscal year ending March 31, 2024
(Percentages indicate year-on-year changes)
Profit attributable toNet incomeNet sales
Operating income Ordinary income owners of the parentper share
Fiscal year endingMar. 31, 2024

millions of yen%

165,000

13.2

millions of yen%

10,300 198.2%

millions of yen%

yen

9,800 242.1

5,200903.1

73.14

millions of yen

Note: Revision of the earnings forecasts most recently announced: Yes
The Company has revised its consolidated earnings forecasts for the fiscal year ending March 31,2024, which were most recently announced on August 8, 2023.

* Notes(1) Changes in significant subsidiaries during the six months ended September 30, 2023

: None(changes in specified subsidiaries resulting in the change in scope of consolidation)(2) Application of specific accounting methods for preparing quarterly consolidated financialstatements: Yes(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period
financial statements
1) Changes in accounting policies due to revisions to accounting standards and otherregulations: None2) Changes in accounting policies due to other reasons: None3) Changes in accounting estimates: None4) Restatement of prior period financial statements: None(4) Number of shares outstanding (Common shares)
1) Total number of shares outstanding including treasury stocks As of Sep. 30, 2023

73,896,400shares

As of Mar. 31, 2023

73,896,400shares

As of Sep. 30, 2023

2,791,736shares

As of Mar. 31, 2023

2,824,305shares

Six-month period ended Sep. 30, 2023

71,086,053shares

Six-month period ended Sep. 30, 2022

71,040,898shares

2) Number of treasury stocks

3) Average number of shares during the period* This financial results report is not subject to quarterly review by certified public accountants or audit
firm.
* Proper use of earnings forecasts, and other special matters(Caution concerning forward-looking statements)
The earnings forecasts and other descriptions of the future presented in this report are based on
information currently available to the Company and on certain assumptions deemed to be reasonable. Actual
results may differ substantially due to various factors.
(Supplementary materials for financial results)
Supplementary materials will be posted on our website later.