Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated
document and the Japanese original, the original shall prevail.

Consolidated Financial Results
for the Three Months Ended June 30, 2024
[Japanese GAAP]
August 9, 2024
Company name: MEIKO TRANS CO.,LTD.
Listing: Nagoya
Securities code: 9357
URL: https://www.meiko-trans.co.jp
Representative: Hiroshi Takahashi
Inquiries: Shinji Oyama
Telephone: +81-52-661-8134
Scheduled date to commence dividend payments: Preparation of supplementary material on financial results: No
Holding of financial results briefing: NoPresident and legal representative
Managing Executive Officer(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 toNet sales
Operating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%Three months ended
19,372
1.71,376
4.4
2,022
8.9
1,215(6.0)
June 30, 2024
June 30, 2023
19,052(10.1)
1,318(22.2)
1,856(9.4)
1,294
7.6
(Note) Comprehensive income:Three months ended June 30, 2024:¥2,276 million [(39.8) %]Three months ended June 30, 2023:¥3,780 million [105.3%]
Basic earnings
per share
Three months ended
June 30, 2024
June 30, 2023

Diluted earnings pershare
Yen

Yen

40.72
43.42

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

Millions of yen

Capital adequacy ratio

Millions of yen

151,430
151,026
As of June 30, 2024:
As of March 31, 2024:¥¥%

123,466
121,792
118,386 million
116,804 million

78.2
77.3

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2024

-

18.00

-

20.00

38.00

Fiscal year ending March 31, 2025

-

20.00

40.00

Fiscal year ending March 31, 2025

20.00
(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－1－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 Basic earnings
Net sales
Operating profit
Ordinary profit
to owners of parent
per share
Millions of yen% Millions of yen% Millions of yen

Six months ending
38,000(2.4)
2,300 (16.6)
September 30, 2024
Full year77,000(0.9)
4,900(6.9)(Note) Revision to the financial results forecast announced most recently:* Notes:(1) Significant changes in the scope of consolidation during the period:
Newly included:(Company name:
Excluded:(Company name:%Yen

3,000(12.9)% Millions of yen

2,000(17.1)

66.98

6,300
No(3.6)4,450(2.0)

149.02No))(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: No
3) Changes in accounting estimates: No4) Restatement: NoNo

Yes(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:
33,006,204 shares
March 31, 2024:
33,006,204 shares
2) Number of treasury shares at the end of the period:
3,145,191 shares
June 30, 2024:
March 31, 2024:
3,145,100 shares
3) Average number of shares outstanding during the period:
Three months ended June 30, 2024:
Three months ended June 30, 2023:

29,861,044 shares
29,803,943 shares* Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public
accountants or an audit firm: No* Proper use of earnings forecasts, and other special matters－2－

Quarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets(Thousands of yen)
As of March 31, 2024
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - tradeElectronically recorded monetary claims operating
Income taxes refund receivable
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, net
Land
Leased assets
Accumulated depreciation
Leased assets, net
Right of use assets
Accumulated depreciation
Right of use assets, net
Construction in progress
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Software
Software in progress
Leased assets
Other
Total intangible assets
Investments and other assets
Investment securities
Long-term loans receivable
Deferred tax assets
Retirement benefit asset
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets－3－

As of June 30, 2024

26,910,390
12,962,261

27,445,205
13,048,984

658,656

668,466

70,5953,619,305(37,350)
44,183,859

67,914
3,752,251(36,877)
44,945,943

75,375,477(39,124,829)
36,250,648
17,904,186(13,719,884)
4,184,301
28,223,769
1,085,994(625,079)
460,914
1,279,130(671,816)
607,313
17,282
2,763,899(1,998,463)
765,435
70,509,664

75,676,100(39,692,190)
35,983,910
17,685,625(13,540,485)
4,145,140
28,264,731
1,091,883(658,261)
433,621
1,089,328(561,236)
528,091
22,222
2,858,332(2,073,958)
784,373
70,162,091

105,156
422,927
14,25333,263575,601

98,041
454,147
13,47633,142598,807

31,578,924
555,230
573,507
1,510,111
1,734,943(194,882)
35,757,834
106,843,100
151,026,960

31,676,817
552,230
453,676
1,517,312
1,718,549(194,882)
35,723,703
106,484,602
151,430,545

(Thousands of yen)
As of March 31, 2024
Liabilities
Current liabilities
Accounts payable - trade
Current portion of long-term borrowings
Lease liabilities
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Lease liabilities
Deferred tax liabilities
Provision for retirement benefits for directors (andother officers)
Retirement benefit liability
Asset retirement obligations
Accrued directors' and corporate auditors'
retirement benefits
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
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets－4－

As of June 30, 2024

4,933,244
554,756
419,356
927,556
1,645,257
3,181,103
11,661,273

4,900,022
569,756
372,025
110,798
848,175
3,343,590
10,144,367

5,050,712
702,618
4,532,197

4,993,273
637,269
4,949,647

4,211

4,682

4,208,358
2,067,410

4,219,607
2,080,057

26,22526,225

981,790
17,573,524
29,234,797

909,261
17,820,024
27,964,391

2,350,704
1,597,043
97,469,563(2,228,615)
99,188,696

2,350,704
1,597,043
98,088,162(2,228,750)
99,807,160

14,805,154

14,860,903

2,548,949
261,741
17,615,845
4,987,619
121,792,162
151,026,960

3,476,495
242,032
18,579,431
5,079,561
123,466,153
151,430,545

Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the three months)(Thousands of yen)
For the three months
ended June 30, 2023
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Share of profit of entities accounted for using equity
methodOther
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Loss on retirement of non-current assets
Share of loss of entities accounted for using equity
methodOther
Total non-operating expenses
Ordinary profit
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－5－

For the three months
ended June 30, 2024

19,052,662
15,177,530
3,875,131
2,556,476
1,318,655

19,372,166
15,258,300
4,113,866
2,737,835
1,376,031

37,333449,901

90,261
522,716

28,042-

38,633553,910

48,230661,208

7,782
2,929
3,836

7,751
4,319
-

-

2,871

1,584
16,133
1,856,432
1,856,432
178,144
316,924
495,069
1,361,362
67,326
1,294,036

195
15,1372,022,102
2,022,102
180,246555,726
735,973
1,286,129
70,3081,215,820

Quarterly Consolidated Statements of Comprehensive Income (For the three months)(Thousands of yen)
For the three months
ended June 30, 2023
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
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－6－

For the three months
ended June 30, 2024

1,361,362

1,286,129

2,065,421
352,400(9,683)37,242
959,183(20,403)

11,151

14,154

2,419,290
3,780,653

990,177
2,276,306

3,650,352

2,179,406

130,300

96,899