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

Consolidated Financial Results
for the Three Months Ended June 30, 2024
[Japanese GAAP]
August 9, 2024
Company name:
Tonami Holdings Co., Ltd.
Listing:
Tokyo
Securities code:
9070
URL:
https://www.tonamiholdings.co.jp
Representative:
Kazuo Takata
President and Representative Director
Inquiries:
Eizaburo Saito
Executive Officer and General Manager of Finance DepartmentTelephone:+81-766-32-1073
Scheduled date to commence dividend payments:
Preparation of supplementary material on financial results:
No
Holding of financial results briefing:
No(Yen amounts are rounded down to millions, unless otherwise noted.)
1. Consolidated Financial Results for the Three Months Ended June 30, 2024 (April 1, 2024 to June 30, 2024)(1) Consolidated Operating Results(Percentages indicate year-on-year changes.)
Profit attributable toOperating revenues
Operating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%Three months ended
June 30, 2024
36,382
4.5
1,902
25.0
1,946
9.3
1,424
29.9
June 30, 2023
(Note) Comprehensive income:

34,802(0.4)
1,522
Three months ended June 30, 2024:
Three months ended June 30, 2023:
Basic earnings
per share

Three months ended
June 30, 2024
June 30, 2023

(11.9)¥¥

1,781(11.3)
1,213 million
1,768 million

Diluted earnings pershare
Yen

Yen

157.15121.09-(2) Consolidated Financial Position
Total assets
As ofJune 30, 2024
March 31, 2024
(Reference) Equity:

Net assets

Capital adequacy ratio

Millions of yen

Millions of yen%

175,563

93,47952.8

92,901
92,749 million
92,190 million

54.5

169,244
As of June 30, 2024:
As of March 31, 2024:¥¥[[1,097(25.9)(31.4) %](13.0) %]2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2024

-

70.00

-70.00140.00Fiscal year ending March 31, 2025

-80.00160.00Fiscal year ending March 31, 2025

80.00
(Forecast)(Note) Revision to the forecast for dividends announced most recently:
No(Note) Breakdown of the 1st quarter dividend for the fiscal year ending March 31, 2025 :Commemorative dividend- yenSpecial dividend- yen

Year-endTotal

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2025(April 1, 2024 to March 31, 2025)(Percentages indicate year-on-year changes.)
Profit attributable to Basic earnings
Operating revenues
Operating profit
Ordinary profit
owners of parentper share
Millions ofyen%Millions ofyen%Millions ofyen%Millions ofyen%

YenSix months ending
75,500
8.5
3,300
12.6
September 30, 2024
Full year
156,000
9.8
6,800
17.7
(Note) Revision to the financial results forecast announced most recently:

3,500

4.9

2,400

6.4

264.76

7,200
No

6.0

4,800

18.2

529.53* Notes:(1) Significant changes in the scope of consolidation during the period:No(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements:(3) Changes in accounting policies, changes in accounting estimates, and restatement
1) Changes in accounting policies due to revisions to accounting standards and other regulations:
2) Changes in accounting policies due to other reasons:3) Changes in accounting estimates:
4) Restatement:

No

Yes
Yes
Yes
No

(4) Number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
June 30, 2024:
9,761,011 shares
March 31, 2024:
9,761,011 shares
2) Number of treasury shares at the end of the period:
June 30, 2024:
693,996 shares
March 31, 2024:
693,866 shares
3) Average number of shares outstanding during the period:
Three months ended June 30, 2024:
Three months ended June 30, 2023:

9,067,072 shares
9,060,924 shares* Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public
accountants or an audit firm: No※Explanation for the appropriate use of performance forecasts and other special notes:- The statements regarding forecast of financial results in this report are based on the information that is available to theCompany, as well as certain assumptions that are deemed to be reasonable by management, and they are not meant tobe a commitment by the Company. Therefore, there might be cases in which actual results differ materially from forecast
values due to various factors.

Quarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets(Millions of yen)
As of March 31, 2024
AssetsCurrent assets
Cash and deposits
Notes receivable - trade
Accounts receivable and contract assets
Inventories
Income taxes refund 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
Land
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Distressed receivables
Deferred tax assets
Retirement benefit asset
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

As of June 30, 2024

34,538
1,338
21,913
813
296
2,962
(129)
61,73232,4301,338
22,357
942
287
3,963
(398)
60,922

19,922
3,372
46,175
9,124
78,59521,2894,368
48,3909,499
83,5472,057
1,021
3,079

4,177
1,079
5,257

20,28533742
190
5,211(625)
25,836
107,511
169,244

20,203
567
722
189
5,756
(1,602)
25,835
114,640
175,563(Millions of yen)
As of March 31, 2024
Liabilities
Current liabilities
Notes payable - trade
Trade accounts payable
Short-term borrowings
Current portion of long-term borrowings
Current portion of bonds payable
Income taxes payable
Accrued consumption taxes
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Deferred tax liabilities for land revaluation
Provision for retirement benefits for directors (andother officers)
Retirement benefit liability
Provision for loss on guarantees
Provision for loss on business of subsidiaries andassociates
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-salesecurities
Revaluation reserve for landRemeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

As of June 30, 2024

1,134
12,314
8,300
2,942
50
1,331
785
1,482
8,886
37,2281,108
12,037
9,564
3,483
599
1,406
453
12,15940,811

10,0006,396
3,467

10,000
7,763
3,467

191

164

6,232
73

6,222
79

-

113

5,798
6,955
39,114
76,343

6,045
7,415
41,272
82,083

14,182
11,71053,300(2,051)
77,141

14,182
11,71054,090(2,051)
77,931

8,788

8,546

5,732
527
15,048711
92,901
169,244

5,732
538
14,818730
93,479175,563

Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the three months)(Millions of yen)
For the three months
ended June 30, 2023
Operating revenue
Operating costs
Operating gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Rental income from buildings
Share of profit of entities accounted for using equity
methodOtherTotal non-operating income
Non-operating expenses
Interest expenses
Provision of allowance for doubtful accounts
Provision for loss on business of subsidiaries andassociates
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on bargain purchase
Other
Total extraordinary income
Extraordinary losses
Loss on sale of non-current assets
Loss on retirement of non-current assets
Loss on valuation of investment securities
Impairment losses
Loss on disaster
Other
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 three months
ended June 30, 2024

34,802
31,416
3,386
1,863
1,522

36,38232,362
4,020
2,117
1,902

41
178
29

43
217
30

34

35

62
346

103
430

57
19

61
179

-

113

10
87
1,781

30
385
1,946

58
4
62

63
253
16
333

8
33
124
1168
1,676
352
197
550
1,126
28
1,097

9
5
0
21
17
19
73
2,206
474
288
763
1,442
18
1,424

Quarterly Consolidated Statements of Comprehensive Income (For the three months)(Millions of yen)
For the three months
ended June 30, 2023
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent
Comprehensive income attributable to non-controllinginterests

For the three months
ended June 30, 2024
1,126

1,442

628
12(241)1110641
1,768(229)
1,213

1,736

1,194

31

19