Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2024 〔Japanese GAAP〕

August 14，2023
Company name
Code number
RepresentativeInquiries

Komehyo Holdings Co.,Ltd.
Stock exchange listings TOKYO, NAGOAYA
2780
ＵＲＬ https://komehyohds.com（Title） President and Representative Director （Name）Takuji Ishihara（Title） General Manager of IR・PR Department （Name）Hiroyuki Yoshida
Phone ＋81-52-249-5366
Quarterly securities report filing date (as planned) August14,2023
Dividend payable date (as planned) －Availability of supplementary briefing material on quarterly financial results ：Available
Schedule of quarterly financial results briefing session：Not scheduled（Amounts of less than one million yen are rounded down.）

１．Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2024
（April 1, 2023 to June 30, 2023）（％ indicates changes from the previous corresponding period.）（１）Consolidated Operating Results
Net income
Net sales
Operating income
Ordinary income
attributable toowners of parent
Million yen％

Million yen％

Million yen％

Million yen％

25,096

33.8

1,724

133.2

1,762

131.9

1,183

127.9

18,75332.4

739

45.3

760

47.4

519

54.0

1,254Million yen(79.5％)

Three months ended
June 30, 2023
Three months ended
June 30, 2022

（Note）Comprehensive income Three months ended June 30,2023

basic earnings
per share
Three months ended
June 30, 2023
Three months ended
June 30, 2022

699Million yen(71.6％)

Diluted earnings
per share

Yen

Yen

108.05

－

47.41

－

（２）Consolidated Financial Positions
Total assets

Net assets

Equity ratio

Net assets per share

Million yen

Million yen％

Yen

51,46446,75325,127
24,24748.2
51.2

2,263.39
2,184.37

As of March 31, 2023

23,932 Million yen

As of June 30, 2023
As of March 31, 2023
（Reference）Equity

Three months ended June 30,2022

As of June 30, 2023

24,798 Million yen

２．Dividends
1stquarter-end
Yen

2nd
quarter-end

Annual dividends
3rdquarter-end

Yen
25.00

Year-end

Yen－

Fiscal year ending March 31, 2023－
Fiscal year ending March 31, 2024－
Fiscal year ending March 31, 2024
44.00－
(Forecast)（Note）Revision to the forecast for dividends announced most recently：YesTotalYen
35.00

Yen
60.00

44.00

88.00

３．Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2024
（April 1，2023 to March 31，2024）（％ indicates changes from the previous corresponding period.）
Net sales

Operating income

Ordinary income

Net income
attributable toowners of parent

Basic earnings
per share％Million yen

％

Yen

90.1

2,200

101.5

200.80

Full year
106,000
23.1
7,200
39.3
7,230
33.7
4,820
（Note）Revision to the financial results forecast announced most recently：Yes

30.0

439.93

Million yen

First half

51,000％ Million yen

30.0

3,200

％ Million yen

83.5- 1 -3,250＊ Notes（１）Changes in significant subsidiaries during the three months ended June 30,2023 (changes in specified
subsidiaries resulting in changes in scope of consolidation)：No（２）Accounting policies adopted specially for the preparation of quarterly consolidated financial
statements：Yes（３）Changes in accounting policies, changes in accounting estimates and retrospective restatement① Changes in accounting policies due to the revision of accounting standards：No② Changes in accounting policies other than ① above：No③ Changes in accounting estimates：No④ Retrospective restatement：No（４）Total number of issued shares (common shares)①

Total number of issued sharesat the end of the period(including treasury stock)②③

Three months ended
June 30, 2023

Total number of treasury shares

Three months ended

at the end of the period

June 30, 2023

Average number of shares during

Three months ended

the period:

June 30, 2023

11,257,000shares

March 31, 2023

11,257,000shares

300,628shares

March 31, 2023

300,628shares

10,956,372shares

Three months ended
June 30, 2022

10,956,372shares＊These quarterly financial results are outside the scope of audit.

＊Explanation of the proper use of financial results forecast and other notes(Notes on the earnings forecasts and other forward-looking statements)
The earnings forecasts and other forward-looking statements herein are based on data currently
available to the Company and certain assumptions that the Company believes are reasonable, and theCompany has no intention of guaranteeing the achievability of them. Actual results may differ
significantly from these forecasts due to various factors.
(How to obtain supplementary presentation materials for quarterly financial results)
Supplementary presentation materials for quarterly financial results will be published on the Komehyo
Holdings' website as soon as the financial results are reported to the Tokyo Stock Exchange.

- 2 -2. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets
As of March 31, 2023
AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Inventories
Other
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
LandConstruction in progress
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Leased assets
OtherTotal intangible assets
Investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Current portion of bonds payable
Current portion of long-term borrowings
Lease liabilities
Accounts payable - other
Income taxes payable
Contract liabilities
Provision for bonuses
Provision for merchandise warranties
Provision for point card certificates
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Lease liabilities
Provision for retirement benefits for
directors (and other officers)
Provision for merchandise warranties
Provision for point card certificates
Retirement benefit liability
Asset retirement obligations
Contract liabilities
OtherTotal non-current liabilities
Total liabilities- 3 -(Thousands of yen)
As of June 30, 2023

10,382,235
2,257,704
18,705,467
3,977,265
35,322,672

9,380,493
2,730,832
22,921,785
4,708,229
39,741,340

3,779,608
1,644,961
33,530786,416
6,244,516

3,730,897
1,644,961
69,792764,034
6,209,685

528,720
273,934
1,353,4252,156,080
3,030,208
11,430,805
46,753,478

508,937
313,058
1,540,305
2,362,301
3,151,466
11,723,453
51,464,793

686,781
12,515,000
72,000366,724
236,828
1,182,045
984,694
619,554955,310
9,024
101,636
296,924
18,026,525

951,319
16,547,700
72,0002,841,725
254,085
1,094,919
580,165
540,040
919,918
8,847
104,453
508,842
24,424,018

140,000
3,113,170
54,929104,000
513,160
72,733

23,59823,598558
127,681
116,737
763,616
69,921
69,6294,479,842
22,506,367

572
145,240
118,196780,545
77,082
77,984
1,913,114
26,337,132

As of March 31, 2023
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-forsale securities
Foreign currency translation adjustment
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets- 4 -(Thousands of yen)
As of June 30, 2023

1,803,780
1,909,872
19,854,230△80,494
23,487,388

1,803,780
1,909,872
20,654,637△80,494
24,287,794

30,72038,306414,662

472,481445,383

510,788314,338
24,247,110
46,753,478

329,078
25,127,661
51,464,793

(2) Quarterly Consolidated Statements of Income and Comprehensive Income(Quarterly Consolidated Statements of Income)(First quarter consolidated cumulative period)(Thousands of yen)Three months ended
June 30, 2022
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Commission incomeInsurance claim income
Compensation income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Rent expenses on store(construct inprogress)
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Subsidy income
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss on cancellation of rental contracts
Impairment losses
Loss due to temporary closure
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit attributable to non-controllinginterests
Profit attributable to owners of parent- 5 -Three months ended
June 30, 2023

18,753,959
14,036,186
4,717,772
3,978,194
739,578

25,096,827
18,504,212
6,592,614
4,867,992
1,724,621

251
10,78434,806
1,824
1,122
29,711
6,728
85,2291,736
11,51031,300
1,571
2,672
－
6,114
54,905

14,431

13,19647,269

2,234

2,950
64,651
760,156

1,568
16,9981,762,528

－
3,218
3,218

668
－
668

1,071
－
－
1,300
2,372
761,003229,848
531,154

151
542
7,791
－
8,484
1,754,713
565,230
1,189,482

11,752

5,603

519,4021,183,879

(Quarterly Consolidated Statements of Comprehensive Income)(First quarter consolidated cumulative period)(Thousands of yen)Three months ended
June 30, 2022
ProfitOther comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to ownersof parent
Comprehensive income attributable to noncontrolling interests- 6 -Three months ended
June 30, 2023

531,1541,189,482

436

7,585

167,699
168,135
699,289

57,81865,404
1,254,886

707,7051,240,147△8,415

14,739