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.

February 9, 2024

Non-consolidated Financial Results
for the Third Quarter of the Fiscal Year Ending March 31, 2024
(Under Japanese GAAP)
Company name:TOYO GOSEI Co., Ltd.
Listing:
Tokyo Stock Exchange, Standard Market
Securities code:
4970
URL:
https://www.toyogosei.co.jp/
Representative:
Yujin Kimura, President and Representative Director
Inquiries:
Shiro Shinozaki, General Manager of Financial and Accounting Department
Telephone:+81-3-5822-6170
Scheduled date to file quarterly securities report:
February 13, 2024
Scheduled date to commence dividend payments:－Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results briefing:
None(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Non-consolidated financial results for the Third quarter of the fiscal year ending March 31, 2024
(from April 1, 2023 to December 31, 2023)(1) Non-consolidated operating results (cumulative)
Net sales
Nine months ended(Percentages indicate year-on-year changes.)

Operating profit

Ordinary profit

ProfitMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

December 31, 2023

23,095(10.3)

2,628(31.1)

2,529(37.2)

1,724(37.2)

December 31, 2022

25,747

7.8

3,812

14.7

4,026

20.5

2,745

19.9

Basic earnings
per share
Nine months ended

Diluted earnings
per share
Yen

Yen

December 31, 2023

217.26－

December 31, 2022

345.87－(2) Non-consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Millions of yen

Millions of yen

December 31, 2023

56,83221,097

37.1

March 31, 2023

51,105

19,641

38.4

Reference:

EquityAs of December 31, 2023:
As of March 31, 2023:¥21,097 million¥19,641 million%

2. Cash dividends
Annual dividends per shareFirst quarter-end

Second quarter-end

Third quarter-end

Yen

Yen

Yen

Fiscal year ended
March 31, 2023
Fiscal year ending
March 31, 2024

－20.00－－20.00－

Fiscal year-end

Fiscal year ending
March 31, 2024
(Forecast)

Total

YenYen

20.00

40.00

20.00

40.00

Note: Revisions to the forecast of cash dividends most recently announced: None3.

Forecast of financial results for the fiscal year ending March 31, 2024 (from April 1, 2023 to March 31, 2024)(Percentages indicate year-on-year changes.)
Net sales
Millions of yen

Full year

31,000Operating profit% Millions of yen

(9.2)

2,600

Ordinary profit% Millions of yen(47.7)

2,500

Note: Revisions to the most recently announced earnings forecasts: None

Basic earnings
per share

Profit% Millions of yen(51.2)

1,600%(58.2)

Yen201.59

* Notes(1) Adoption of accounting treatment specific to the preparation of quarterly non-consolidated financialstatements: None
(2) Changes in accounting policies, changes in accounting estimates, and restatement(i) Changes in accounting policies due to revisions to accounting standards and other regulations: None(ii) Changes in accounting policies due to other reasons: None(iii) Changes in accounting estimates: None(iv) Restatement: None
(3) Number of issued shares (common shares)(i)

Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2023

8,143,390 shares

As of March 31, 2023

8,143,390 shares(ii) Number of treasury shares at the end of the period
As of December 31, 2023

206,564 shares

As of March 31, 2023

206,467 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscalyear)
Nine months ended December 31, 2023

7,936,877 shares

Nine months ended December 31, 2022

7,936,923 shares* Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants
or an audit corporation.