Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Three Months Ended June 30, 2023
(Based on Japanese GAAP)
August 10, 2023
Company name:

Kisoji Co.,Ltd.

Stock exchange listing: Tokyo, Nagoya
Stock code:
8160
URL
Representative:
Inquiries:

https://www.kisoji.co.jp/

Representative Director and President
Accounting Manager

Toyonaru UchidaAkihiro Toya

Scheduled date to file Quarterly Securities Report:
Scheduled date to commence dividend payments:

August 14, 2023–

Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:

NoNo

TEL

052-872-1811(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the three months ended June 30, 2023 (from April 1, 2023 to June 30, 2023)(1) Consolidated operating results (cumulative)
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 June 30, 2023
11,64715.6(232)–(217)–(360)–
Three months ended June 30, 2022
10,07540.5(661)–(661)–(656)–
Earnings per share

Diluted earnings per share

Yen(12.79)(23.77)

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

Yen––(2) Consolidated financial position
Total assets

Net assets

Millions of yen
46,813
48,412As of June 30, 2023
As of March 31, 2023

Equity ratio

Millions of yen
26,82327,331

%
57.3
56.5

2. Cash dividends
Annual dividends per share
1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Year ended March 31, 2023

Yen–

Yen
8.00

Yen–

Yen
8.00

Yen
16.00

Year ending March 31, 2024

–
8.00

–

8.00

16.00

Year ending March 31, 2024 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2024 (from April 1, 2023 to March 31, 2024)

Net sales
Millions of yen
Six months ending
September 30, 2023
Full year

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
Earnings per shareowners of parent% Millions of yen% Millions of yen% Millions of yen%
Yen

23,50017.2(740)–(730)–(770)–(27.34)53,000

15.4

1,600

–

1,620

–

920

–

32.67

14. Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2023
(changes in specified subsidiaries resulting in the change in scope of consolidation):(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

NoNo(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:No
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

No
No

Restatement of prior period financial statements:

No(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2023

28,543,889 shares As of March 31, 2023

28,543,889 shares

Number of treasury shares at the end of the period
As of June 30, 2023

382,330 shares As of March 31, 2023

382,119 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2023

28,161,691 shares Three months ended June 30, 2022

227,601,307 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2023

As of June 30, 2023

AssetsCurrent assets
Cash and deposits

17,22014,616

Accounts receivable - tradeMerchandise and finished goods

1,743
51

1,449
56

Raw materials and supplies
Other

1,948
637

2,483
810

(1)

(1)

21,59819,414

Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net

8,019

8,371

Land
Other, net

6,175
2,142

6,175
2,436

Total property, plant and equipment

16,337

16,983

1,831

1,785

Other

1,063

1,037

Total intangible assets

2,894

2,823

4,201
3,409

4,166
3,454

(28)

(28)

Intangible assets
Goodwill

Investments and other assets
Guarantee deposits
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

3

7,582

7,592

26,81327,39948,412

46,813

(Millions of yen)
As of March 31, 2023

As of June 30, 2023

Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings

1,228
4,500

1,440
4,560

Current portion of long-term borrowings
Income taxes payable

5,360
70

5,261
103

22531

2288

Other

4,465

4,154

Total current liabilities

16,17815,811Long-term borrowings
Retirement benefit liability

1,631
947

933
959

Asset retirement obligations
Other

1,314
1,008

1,319
966

Total non-current liabilities

4,901

4,179

21,08019,990Shareholders' equity
Share capital

12,64812,648

Capital surplus
Retained earnings

12,4672,996

12,467
2,407

Treasury shares

(932)

(932)

27,18026,590

138
12222
10

Asset retirement obligations
Provision for bonuses

Non-current liabilities

Total liabilities
Net assets

Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets

4151

232

27,331

26,823

48,412

46,813

Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)Three months ended
June 30, 2022

Three months ended
June 30, 2023

Net sales

10,075

11,647

Cost of sales

3,268

3,716

Gross profit

6,806

7,931

Selling, general and administrative expenses

7,468

8,164

Operating loss

(661)

(232)

Non-operating income
Interest income

55Dividend income
Other20141710

Total non-operating income

40

33

101117113
3

Non-operating expenses
Interest expenses
Loss on cancellation of leasehold contracts
Other
Total non-operating expenses

4018(661)(217)

Gain on sale of non-current assets–0

Total extraordinary income–0

Loss on retirement of non-current assets

2673

Total extraordinary losses

2673(687)(290)

Income taxes - current

47

44

Income taxes - deferred

(79)

24

Ordinary loss
Extraordinary incomeExtraordinary losses

Loss before income taxes

Total income taxes

(31)

69

Loss(656)(360)

Loss attributable to owners of parent

(656)

(360)

5

Consolidated statements of comprehensive income (cumulative)(Millions of yen)Three months ended
June 30, 2022
Loss
Other comprehensive income
Valuation difference on available-for-sale securities

Three months ended
June 30, 2023
(656)

(360)

36

83

Remeasurements of defined benefit plans, net of tax

(0)

(1)

Total other comprehensive income

3681

Comprehensive income

(619)

(278)

Comprehensive income attributable toComprehensive income attributable to owners of parent

(619)

(278)

––

Comprehensive income attributable to non-controllinginterests

6