This document has been translated from the Japanese original for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original, theoriginal shall prevail. The Company assumes no responsibility for this translation or for direct,
indirect or any other forms of damages arising from the translation.

Financial Results for the Three Months Ended June 30, 2024
[Japanese GAAP] (Consolidated)
July 26, 2024
Company name: Tatsuta Electric Wire & Cable Co., Ltd.
Stock exchange listing: Tokyo Stock Exchange
Stock Code: 5809
URL: https://www.tatsuta.com
Representative: Shohei Morimoto, President and Representative Director
Contact: Masafumi Imai, Director, Senior Executive Officer
Phone: +81-6-6721-3011
Scheduled date of commencing dividend payments: —Availability of supplementary briefing material on financial results: Available
Schedule of financial results briefing session: Not scheduled(Amounts of 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)(% indicates changes from the previous corresponding period.)
Income attributable
Net sales
Operating income
Ordinary income
to owners of parent
Million yen%
Million yen%
Million yen%
Million yen%
Three months ended
17,305 12.0
978 81.1
1,066 78.3
659 45.4
June 30, 2024
Three months ended
15,445 4.8
540 64.8
598 36.8
453 40.3
June 30, 2023
(Note) Comprehensive income: Three months ended June 30, 2024: 1,107 million yen [86.3%]
Three months ended June 30, 2023: 594 million yen [‒%]
Diluted earnings per
Income per share
share
Yen
Yen
Three months ended
10.67‒
June 30, 2024
Three months ended
7.34‒
June 30, 2023
(2) Consolidated Financial Position
Total assets
Net assets
Million yen
Million yen
As of61,55952,294
June 30, 2024
As of
61,11951,186
March 31, 2024
(Reference) Equity: As of June 30, 2024: 52,294 million yen
As of March 31, 2024: 51,186 million yen

Equity ratio%

Net assets per share
Yen

84.9

846.47

83.7

828.54

2. Dividends
1st quarter-end
Yen

Annual dividends
2nd quarter-end 3rd quarter-end
Yen
Yen

Fiscal year ended‒
0.00‒
March 31, 2024
Fiscal year ending‒
March 31, 2025
Fiscal year ending
March 31, 2025‒‒
(Forecast)(Note) Revisions from the most recently announced dividends forecast: No

Year-end
Yen

Total
Yen

0.00

0.00

‒

‒

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2025 (From April 1, 2024 toMarch 31, 2025)
As announced in the Notice on Position Statement of Support and Recommendation to Tender concerning
Commencement of a Tender Offer by JX Advanced Metals Corporation, a Wholly-owned Subsidiary of ENEOS
Holdings, Inc., for Shares of the Company released on June 20, 2024, the Company’s stock is planned to be delisted.
A consolidated financial results forecast for the fiscal year ending March 31, 2025 is therefore not presented.

Notes:(1) Significant changes in the scope of consolidation during the period: None
Newly added: NA
Excluded: NA(2) Application of special accounting treatment in preparation of quarterly consolidated financial statements: Yes(3) Changes in accounting principles, changes in accounting estimates and retrospective restatement
1) Changes in accounting principles, etc. due to the revision of accounting standards: Yes
2) Changes in accounting principles other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Total number of issued shares (common stock)1) Total number of issued shares at the end of the period (including treasury shares):
As of June 30, 2024
70,156,394 shares
As of March 31, 2024
70,156,394 shares2) Total number of treasury shares at the end of the period:
As of June 30, 2024
8,377,370 shares
As of March 31, 2024
8,377,260 shares
3) Average number of shares during the period (cumulative quarterly period):
Three months ended June 30, 2024
61,779,099 shares
Three months ended June 30, 2023
61,780,332 shares* Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified
public accountants or an audit firm: No* Explanation of the proper use of financial results forecast and other notes
As announced in the Notice on Position Statement of Support and Recommendation to Tender concerning
Commencement of a Tender Offer by JX Advanced Metals Corporation, a Wholly-owned Subsidiary of ENEOS
Holdings, Inc., for Shares of the Company released on June 20, 2024, the Company’s stock is planned to bedelisted. A consolidated financial results forecast for the fiscal year ending March 31, 2025 is therefore notpresented.
The supplementary briefing material on financial results is scheduled to be disclosed on the TDnet on that same
day as well as on the Company’s website.

Table of Contents of Reference Materials
1. Qualitative Information on Financial Results for the Quarterly Period Under Review ........................................... 2(1) Overview of business results .............................................................................................................................. 2(2) Overview of financial position ........................................................................................................................... 3(3) Overview of forward-looking information such as consolidated financial results forecasts.............................. 3
2. Quarterly Consolidated Financial Statements .......................................................................................................... 4(1) Quarterly Consolidated Balance Sheets ............................................................................................................. 4(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive
Income ............................................................................................................................................................... 6
Quarterly Consolidated Statements of Income

6

Three months ended June 30

6Quarterly Consolidated Statements of Comprehensive Income
Three months ended June 30

771

1. Qualitative Information on Financial Results for the Quarterly Period Under Review(1) Overview of business results
During the three months ended June 30, 2024, the Japanese economy continued recovery in corporate earnings,
capital investment, production, personal consumption, etc. The world economy is also expected to move toward
improvement although the economy in some regions is weak. However, the outlook remains uncertain due to volatility
in the financial and capital markets and rising prices amid ongoing global monetary tightening, resource and raw
material prices fluctuating at high levels, the effects of the prolonged Russia-Ukraine crisis, etc.
The average domestic quotation price for copper, the main raw material used for the Company’s products, for thethree months ended June 30, 2024 was on levels higher than for the same period of the previous fiscal year.
In the meantime, domestic demand for copper electric wires was on levels a little higher than for the same period of
the previous fiscal year, while in the industrial equipment wire business, stagnant demand was seen. Sales ofsmartphones, the main application of functional films, showed a trend of recovery from the slump due to a global priceincrease, an economic downturn mainly in China, etc.
In this environment, net sales for the three months ended June 30, 2024 amounted to 17,305 million yen (up 12.0%
year on year). Operating income was 978 million yen (up 81.1% year on year), ordinary income was 1,066 million yen(up 78.3% year on year), and income attributable to owners of parent was 659 million yen (up 45.4% year on year).
The Company is listed on the Tokyo Stock Exchange, Inc. as of the day of submission of the financial results for the
first quarter period under review. As announced in the Notice on Position Statement of Support and Recommendation
to Tender concerning Commencement of a Tender Offer by JX Advanced Metals Corporation, a Wholly-owned
Subsidiary of ENEOS Holdings, Inc., for Shares of the Company released on June 20, 2024 and the Notice Regarding
Partial Change to the Notice on Position Statement of Support and Recommendation to Tender concerning
Commencement of a Tender Offer by JX Advanced Metals Corporation, a Wholly-owned Subsidiary of ENEOS
Holdings, Inc., for Shares of the Company dated July 19, 2024, JX Advanced Metals Corporation is conducting a tender
offer for common shares of the Company during the period from June 21, 2024 until August 2, 2024. Through the tender
offer and subsequent series of procedures, the Company is planned to become a wholly-owned subsidiary of JX
Advanced Metals Corporation, and the Company’s stock is planned to be delisted.
The Company will develop synergies, including efficient utilization of management resources of both companies;
further enhancement of business competitiveness in the electronic materials area; and enhancement of businessfoundation in the electric wire and cable area, etc., in an effort to increase corporate value.

An overview of the Group’s business performance by segment is as follows:[Electric Wire and Cable Business]
There was a stagnation in demand in the industrial equipment wire business. However, owing to increased sales ofelectric wires for infrastructure in electric wires for electrical power companies and power plants, for use in construction,etc. (up 11.5% year on year) as well as selling price revisions implemented in response to rising raw material prices,
etc., net sales for this segment increased to 12,473 million yen (up 12.8% year on year). In addition to the above, owing
to efforts to improve product mix, reduce costs, etc. and the effect of copper price fluctuation, operating income was
752 million yen (up 119.9% year on year).

2

[Electronic Materials Business]
Sales volume of functional films, the Company’s flagship products, increased (up 5.9% year on year) as the demand
for smartphones, the major application of functional films, continued a recovery trend. As a result, net sales for thissegment were 4,190 million yen (up 9.3% year on year) and operating income was 430 million yen (up 6.7% year onyear).

[Other Businesses]
In each of the sensor, medical equipment materials and environmental analysis businesses, demand generally
remained firm, and net sales for this segment was 646 million yen (up 15.9% year on year). Operating loss was 32
million yen due to an increase in various costs (operating loss of 34 million yen for the same period of the previous
fiscal year).
(2) Overview of financial position
Total assets at the end of the three months ended June 30, 2024 increased by 440 million yen from the end of theprevious fiscal year to 61,559 million yen, due to increases in notes and accounts receivable - trade and finished goods,
etc. despite a decrease in short-term loans receivable.
Total liabilities decreased by 667 million yen from the end of the previous fiscal year to 9,265 million yen, due todecreases in accounts payable - other and income taxes payable, etc..
Total net assets increased by 1,107 million yen from the end of the previous fiscal year to 52,294 million yen, due tothe recording of income attributable to owners of parent, an increase in deferred gains or losses on hedges, etc.
As a result, the equity ratio increased by 1.2 percentage point from the end of the previous fiscal year to 84.9%.
(3) Overview of forward-looking information such as consolidated financial results forecasts
As announced in the Notice on Position Statement of Support and Recommendation to Tender concerning
Commencement of a Tender Offer by JX Advanced Metals Corporation, a Wholly-owned Subsidiary of ENEOS
Holdings, Inc., for Shares of the Company released on June 20, 2024, the Company’s stock is planned to be delisted. A
consolidated financial results forecast for the fiscal year ending March 31, 2025 is therefore not presented.

3

2. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Millions of yen)
As of March 31, 2024
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - tradeFinished goods
Work in process
Raw materials and supplies
Short-term loans receivable
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
Tools, furniture and fixtures, net
LandConstruction in progress
Total property, plant and equipment
Intangible assets
Software
Software in progress
Right to use facilities
Other
Total intangible assets
Investments and other assets
Investment securities
Long-term prepaid expenses
Retirement benefit asset
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

4

As of June 30, 2024

1,780
21,425
4,169
6,617
1,645
5,263
1,102
(12)
41,993

1,519
22,303
4,754
6,803
1,999
3,563
1,820
(159)
42,605

8,112
2,633
370
3,696
1,733
16,545

8,880
2,753
484
3,696
765
16,580

126
16
4
1
148

120
21
4
1
146

1,291
52
183
687
371
(154)
2,432
19,125
61,119

1,300
52
180
476
220
(4)
2,225
18,95361,559(Millions of yen)
As of March 31, 2024
Liabilities
Current liabilities
Notes and accounts payable - trade
Current portion of long-term borrowings
Accounts payable - otherAccrued expenses
Income taxes payable
Other
Total current liabilities
Non-current liabilities
Retirement benefit liability
Asset retirement obligations
Deferred tax liabilities
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-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets

5

As of June 30, 2024

3,989
900
1,517
1,489
673
708
9,278

4,514
900
842
1,096
229
1,041
8,625

431
110
20
91
653
9,932

372
110
24
133
640
9,265

6,676
4,516
40,557(2,460)49,2906,676
4,516
41,217(2,460)49,949

442
472
(45)
1,026
1,896
51,186
61,119

447
925
(39)
1,011
2,344
52,29461,559(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive
IncomeQuarterly Consolidated Statements of Income
Three months ended June 30(Millions of yen)

Net sales
Cost of sales
Gross income
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sale of investment securities
Gain on sale of golf club membership
Gain on sale of non-current assets
Total extraordinary income
Extraordinary losses
Loss on abandonment of non-current assets
TOB related expenses
Total extraordinary losses
Income before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
IncomeIncome attributable to owners of parent

6

Three months ended
June 30, 2023
(From April 1, 2023 toJune 30, 2023)
15,445
12,532
2,913
2,372
540

Three months ended
June 30, 2024
(From April 1, 2024 toJune 30, 2024)
17,30513,807
3,498
2,519
978

1
11
40
7
61

3
14
63
10
91

2
0
3
598

2
0
2
1,066

23
0
2
26

‒
‒
‒
‒

0
12
13
611
164
(6)
157
453
453

5
188
194
872
195
18
213
659
659

Quarterly Consolidated Statements of Comprehensive Income
Three months ended June 30(Millions of yen)

IncomeOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
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 of parent

7

Three months ended
June 30, 2023
(From April 1, 2023 toJune 30, 2023)
453

Three months ended
June 30, 2024
(From April 1, 2024 toJune 30, 2024)
659

82
49
7
1
141
594

5
452
5
(15)
448
1,107

594

1,107