Consolidated Financial Results for Six-month Period of Fiscal Year Ending March 31, 2024
(Japanese GAAP)
November 7, 2023
Company name:Securities code:
Representative:
Contact:

Joshin Denki Co., Ltd.
8173
URL: https://www.joshin.co.jp/joshintop/ir_en.html
Ryuhei Kanatani, Representative Director, President, and Executive Officer
Suguru Oshiro, Director and Managing Executive Officer in Charge of Financial Strategy

Stock Listing: Tokyo

Phone:+81-6-6631-1161

Scheduled date for filing quarterly
November 10, 2023
Scheduled dividend payment date: ─Quarterly material to supplement the financial results: Yes
Quarterly financial results conference: Yes (online video)(Amounts rounded down to the nearest million yen)
1. Consolidated results for the six-month period of FY2023 (April 1, 2023 to September 30, 2023)(1) Consolidated operating results(% indicates year-on-year change)
Net income attributable
Net sales
Operating income
Ordinary income
to owners of the parent
Million yen％ Million yen％ Million yen％
Million yen％Six-month period of FY2023
197,483
-0.2
4,586
11.7
4,549
10.4
3,110
3.4
3,006
-26.0
Six-month period of FY2022
197,918-1.4
4,104-22.6
4,119-32.2
Note: Comprehensive income: 3,724 million yen ( 27.0%) in the six-month period of FY2023
2,932 million yen (-34.3%) in the six-month period of FY2022
Net income
per shareSix-month period of FY2023

yen
117.72

Diluted Net income
per shareyen─

Six-month period of FY2022

112.32

─Total assets
Million yen
235,151

Net assets
Million yen
102,437

223,218

100,698(2) Consolidated financial position

Six-month period of FY2023
FY2022Equity ratio％
43.6
45.1

Reference: Shareholders’ equity: 102,437 million yen as of September 30, 2023
100,698 million yen as of March 31, 2023
(3) Consolidated cash flow
Net cash provided
by operating

Net cash used ininvesting activities

Net cash used infinancing activities

Cash and cash
equivalents at end of theSix-month period of FY2023

activities
Million yen
7,370

Million yen-2,284

Million yen-2,339

termMillion yen
5,516

Six-month period of FY2022

4,620-3,182-91

3,706

2. Dividends
Annual dividends per share
End of 2nd
End of 3rd
Year-endquarterquarteryenyenyenyen
FY 2022
─0.00
─
75.00
FY 2023
─0.00
FY 2023 (Forecast)─75.00Note: Revisions to the latest dividend forecasts: None
End of 1stquarter

Full yearyen
75.00
75.00

3. Forecast of consolidated financial results for the fiscal year ending March 31, 2024 (April 1, 2023 to March 31, 2024)(% indicates year-on-year change)
Net income
Net income per
attributable toNet sales
Operating income
Ordinary income
owners of theshareparent
Million yen％ Million yen％ Million yen％ Million yen％yen
Full year

410,000

0.49,000

8.3

9,000

8.2

6,000

20.7

227.10Note: Revisions to the latest dividend forecasts: None
* Notes:(1) Changes in significant subsidiaries during the six-month period of FY 2023 (Changes in specified subsidiaries resulting ina change in the scope of consolidation): None
(2) Adoption of special accounting treatment pertaining to the preparation of consolidated quarterly financial statements: None
(3) Changes in accounting policies and changes or restatement of accounting estimates
1) Changes in accounting policies due to amendments of accounting standards, etc.: None
2) Changes in accounting policies of the than 1): None
3) Changes in accounting estimates: None
4) Restatement: None
(4) Shares outstanding (Common stock)1) Number of shares outstanding (including treasury stock) as of the end of the term:
28,000,000 as of September 30, 2023
28,000,000 as of March 31, 2023
2) Number of shares of treasury stock:
1,579,924 as of September 30, 2023
1,579,873 as of March 31, 2023
3) Average number of shares during the term (six-month period):
26,420,076 as of September 30, 2023
26,770,127 as of September 30, 2022
Note: The number of shares of treasury stock includes the Company shares held in the board incentive plan trust account as statedbelow.
51,475 as of September 30, 2023
51,475 as of March 31, 2023
* Quarterly summary of financial statements is not subject to quarterly reviews by a certified public accountant or an audit firm.
* Description concerning proper use of the forecast of financial results and other remarks:(Cautionary note regarding forward-looking statements, etc.)
The forecasts statements in this document concerning future figures including forecasts for financial results, etc. are based on currently
available information and certain assumptions that the Company considers reasonable. The achievement of such forecasts is notguaranteed by the Company. Actual results may vary significantly from such forecasts due to a variety of factors.

(How to obtain the materials to supplement the quarterly financial results)
Supplementary materials for quarterly financial results are posted on our website and disclosed on TDnet.
(How to obtain the detail on the quarterly financial results)
We plan to post a video explaining the quarterly financial results on our website.