Consolidated Financial Results for the Fiscal Year Ended March 31, 2024
(Japanese GAAP)May 7, 2024
Company name:Securities code:
Representative:
Contact:

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

Scheduled date of general meeting of shareholders:
Scheduled date for filing of annual securities report:
Supplementary documents for financial results:
Financial results briefing:

June 25, 2024
June 27, 2024
Yes
Yes (online video)

Stock Listing: Tokyo

Phone:+81-6-6631-1161

Scheduled dividend payment date:June 26, 2024

(Amounts rounded down to the nearest million yen)
1. Consolidated results for the fiscal year ended March 31, 2024 (April 1, 2023 to March 31, 2024)(1) Consolidated operating results
Net salesYear ended March 31, 2024

Operating income

Million yen%

Million yen%

Million yen%

Million yen%403,692

-1.2

8,364

0.6

8,251

-0.8

4,891

-1.6

8,311
-6.5
8,317
6,645million yen ( 40.4%)
4,733million yen (-23.4%)-14.3

4,972-22.2

Year ended March 31, 2023
408,460-0.3(Note) Comprehensive income: Year ended March 31, 2024:
Year ended March 31, 2023:
Net income pershare

Diluted net income
per share

Yen

Year ended March 31, 2024(% indicates year-on-year change)
Net income attributable
Ordinary income
to owners of the parent

Yen

185.90—Year ended March 31, 2023
186.77(Reference) Equity in net gain of affiliated companies:

Ordinary income to Operating income tototal asset ratio
net sales ratio

ROE%%%

4.83.62.1

3.8

2.0

—
5.0
Year ended March 31, 2024: — million yen
Year ended March 31, 2023: — million yen(2) Consolidated financial position
Total assets

Net assets

Net assets pershareEquity ratio

Million yen

Million yen%

Yen

232,775

104,61344.9

4,008.94

Year ended March 31, 2023
223,218
100,698(Reference) Shareholders’ equity: Year ended March 31, 2024: 104,613million yen
Year ended March 31, 2023: 100,698 million yen

45.1

3,811.42

Year ended March 31, 2024

(3) Consolidated cash flows
Net cash provided byoperating activities

Net cash used ininvesting activities

Net cash used infinancing activities

Cash and cash equivalents
at end of the term

Million yen

Million yen

Million yen

Million yen

Year ended March 31, 2024

2,278-4,806

3,649

3,891

Year ended March 31, 2023

7,119-9,070

2,360

2,769

2. Dividends
Annual dividends per share
End
1Q

Year ended March 31, 2023
Year ended March 31, 2024
Year ending March 31, 2025 (forecast)

End2Q

End3Q

Yen

Yen

Yen

———

0.00
0.00
0.00

———

Year-end
Yen

1TotalTotal
Payout ratiodividends(consolidated)(annual)Ratio ofdividends tonet assets(consolidated)

Yen

Million yen%%

75.00 75.00
90.00 90.00
100.00 100.00

1,985
2,371

40.2
48.4
43.5

2.0
2.3

(Note) Total dividends (annual) include the following amounts paid into the board incentive plan trust account.
Year ended March 31, 2024: 2 2 million yen
Year ended March 31, 2023: 3 million yen
3. Forecast of consolidated operating results for the fiscal year ending March 31, 2025 (April 1, 2024 to March 31, 2025)(% indicates year-on-year change)
Net income perNet income
Net sales
Operating income
Ordinary income
shareMillion yen%

Million yen%

Million yen%

Million yen%

Yen

Six-month

198,000

0.3

4,600

0.3

4,600

1.1

3,200

2.9

122.63Full year

410,000

1.6

9,000

7.6

9,000

9.1

6,000

22.7

229.93*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in a change in the scopeof consolidation): None
(2) Changes in accounting policies and changes or restatement of accounting estimates(i) Changes in accounting policies due to amendments of accounting standards, etc.: None(ii) Changes in accounting policies other than changes in (i): None(iii) Changes in accounting estimates: None(iv) Restatement: None
(3) Shares outstanding (Common stock)(i) Number of shares outstanding (including treasury stock) as of the end of the term:
28,000,000 as of March 31, 2024
28,000,000 as of March 31, 2023(ii) Number of shares of treasury stock as of the end of the term:
1,904,970 as of March 31, 2024
1,579,873 as of March 31, 2023(iii) Average number of shares during the term:
26,311,728 as of March 31, 2024
26,624,294 as of March 31, 2023
Note: The number of shares of treasury stock includes the Company shares held in the board incentive plan trust account as statedbelow.
Year ended March 31, 2024: 251,475
Year ended March 31, 2023: 51,475* Summaries of financial results are not subject to reviews by a certified public accountant or an audit firm.
* Explanations about the proper use of results forecasts and other remarks
Cautionary note regarding forward-looking statements:
The statements in this document concerning forecasts of financial results and other items are based on currently available information andcertain assumptions that the Company considers reasonable. The achievement of such forecasts is not guaranteed by the Company. Actualresults may vary significantly from such forecasts due to a variety of factors.
How to obtain supplementary documents to financial results:
Supplementary documents to the financial results are posted on our website.
How to obtain information on financial results:
A video explaining financial results will be posted on our website.

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