Note: This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of 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, 2023
[Japanese GAAP]
August 10, 2023
Company name: SUNCORPORATION
Stock exchange listing: Tokyo
Code number: 6736
URL: https://www.sun-denshi.co.jp
Representative: Ryusuke Utsumi
President and Representative Director
Contact: Yoshimi Kimura
Representative and Executive managing director
Phone: +81-52-756-5981
Scheduled date of filing quarterly securities report: August 10, 2023
Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: No
Schedule of quarterly financial results briefing session: No(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Three Months Ended June 30, 2023 (April 1, 2023 to June 30, 2023)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable toNet salesOperating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Three months ended
June 30, 2023
2,370 (75.2)%25(2,792)(2,614)
June 30, 2022
9,552
32.1%
(512)
7,668
3,996
(Note) Comprehensive income:Three months ended June 30, 2023:¥(1,084) million [-%]
Three months ended June 30, 2022:¥
6,490 million [413.5%]
Basic earnings
per share
Three months ended
June 30, 2023
June 30, 2022

Diluted earnings pershare
YenYen(117.08)
168.13156.97(2) Consolidated Financial Position
Total assets
As ofJune 30, 2023
March 31, 2023
(Reference) Equity:

Millions of yen

40,451
41,767

As of June 30, 2023:
As of March 31, 2023:

Net assets
Millions of yen

¥
¥

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Capital adequacy ratio

32,52335,01332,417 million
34,908 million

%

80.1
83.6

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2023

-0 00

-20 00

20 00

Fiscal year ending March 31, 2024----

Fiscal year ending March 31, 2024
(Forecast)Year-end

Total(Note) The dividend forecast for the fiscal year ending March 31, 2024 is undecided at this time.
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
Millions of yen

Operating profit%

Millions of yen%

(73.3)
10,00010
Full year～(70.6～11,000～100)(Note) Revision to the financial results forecast announced most recently:
Yes
It is difficult to reasonably estimate the impact of changes in the fair value of the price adjustment provisions, certain restricted stockand derivative warrant liabilities recognized by our equity method affiliate, Cellebrite DI Ltd. The amount of each step of income
under operating income has not yet been determined.

* 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:

No(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: No
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
June 30, 2023:
24,007,728 shares
March 31, 2023:
23,998,828 shares
2) Number of treasury shares at the end of the period:
June 30, 2023:
1,794,181 shares
March 31, 2023:
1,366,387 shares
3) Average number of shares outstanding during the period:
Three months ended June 30, 2023:
22,332,587 shares
Three months ended June 30, 2022:
23,769,221 shares*The quarterly financial results are not subject to quarterly review by certified public accountants or auditing firms.
*Explanation of the appropriate use of earnings forecasts and other special notes
The statements about the future in this document, including earnings forecasts, are based on information currently available to theCompany and certain assumptions that are judged to be reasonable, and are not intended to be a promise by the Company that they
will be achieved. Actual results may differ significantly due to various factors.

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