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.

April 9, 2024

Consolidated Financial Results
for the Fiscal Year Ended February 29, 2024
(Under Japanese GAAP)
Company name:AEON DELIGHT Co., Ltd.
Listing:
Tokyo Stock Exchange
Securities code:
9787
URL:
https://www.aeondelight.co.jp
Representative:
Kazumasa Hamada, President and CEO, Group CEO
Inquiries:
Emiko Ishii, Executive Officer, General Manager of President’s OfficeTelephone:+81-3-6895-3892
Scheduled date of annual general meeting of shareholders:
May 17, 2024
Scheduled date to commence dividend payments:
May 7, 2024
Scheduled date to file annual securities report:
May 20, 2024
Preparation of supplementary material on financial results:
Yes
Holding of financial results briefing:
Yes (for institutional investors and analysts)(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the fiscal year ended February 29, 2024 (from March 1, 2023 toFebruary 29, 2024)(1) Consolidated operating results(Percentages indicate year-on-year changes.)

Net sales
Fiscal year ended

Operating profit

Profit attributable toowners of parent

Ordinary profit

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%February 29, 2024

324,820

6.9

15,235-3.7

15,482-3.3

10,707

5.5

February 28, 2023

303,776-

15,814-16,006-

10,152-

Note: Comprehensive income

For the fiscal year ended February 29, 2024:
For the fiscal year ended February 28, 2023:

Basic earnings
per share
Fiscal year ended

Diluted earnings
per share¥11,591 million¥11,003 million

Return on equity[5.3%][-%]

Ratio of ordinary
profit to total assets

Ratio of operating
profit to net sales

Yen

Yen%%%

February 29, 2024

219.70219.57

10.6

10.0

4.7

February 28, 2023

203.54203.40

10.5

10.9

5.2

Reference:

Share of profit (loss) of entities accounted for using equity method
For the fiscal year ended February 29, 2024:¥127 million
For the fiscal year ended February 28, 2023:¥94 million
Note: The "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020) and others have applied since
the beginning of the fiscal year ended February 2023. The figures for the fiscal year ended February 2023 are after theapplication of these accounting standards, and the year-on-year percentage changes are not presented.

(2) Consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Net assets per share

Millions of yen

Millions of yen%

Yen

February 29, 2024

160,257

104,21264.3

2,124.04

February 28, 2023

150,628

99,39165.3

1,991.86

Reference:Equity
As of February 29, 2024:
As of February 28, 2023:¥103,090 million¥98,396 million-1-(3) Consolidated cash flows
Cash flows fromoperating activities
Fiscal year ended

Cash flows frominvesting activities

Millions of yen

Cash and cash
equivalents at end ofperiod

Cash flows fromfinancing activities

Millions of yen

Millions of yen

Millions of yen

February 29, 2024

18,518-4,319-6,922

67,714

February 28, 2023

8,895

-10,715-6,181

59,996

2. Cash dividends
Annual dividends per shareFirst
SecondThird
quarter-end quarter-end quarter-end
Fiscal year endedFebruary 28, 2023
Fiscal year ended
February 29, 2024
Fiscal year ending
February 28, 2025
(Forecast)Fiscalyear-end

Total

Yen

YenYenYen-

42.00

-

43.00

85.00

-

43.00

-

43.00

86.00

-

43.00

-

44.00

87.00

Total cash
dividends(Total)Ratio of
Payout ratio dividends to(Consolidated) net assets(Consolidated)

Yen Millions of yen%%

4,225

41.8

4.4

4,173

39.1

4.2

40.3

3. Forecast of consolidated financial results for the year ending February 28, 2025 (from March 1, 2024
to February 28, 2025)(Percentages indicate year-on-year changes.)
Net sales

Full year

Operating profit

Basicearnings pershare

Profit attributable toowners of parent

Ordinary profit

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

340,000

4.7

16,0005.0

16,0003.3

10,400-2.9

216.07-2-* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change
in scope of consolidation): 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 February 29, 2024

49,169,633 shares

As of February 28, 2023

50,669,633 shares(ii) Number of treasury shares at the end of the period
As of February 29, 2024

634,347 shares

As of February 28, 20231,270,047 shares(iii) Average number of shares outstanding during the period
Fiscal year ended February 29, 2024

48,738,436 sharesFiscal year ended February 28, 2023

49,876,526 shares* Financial results reports are exempt from audit conducted by certified public accountants or an audit
corporation.
* Proper use of earnings forecasts, and other special matters
The forward-looking statements regarding future performance in this material are based on information currently
available to the Company and certain assumptions that the Company deems to be reasonable at the time this report
was prepared. Therefore, the Company does not make promises about the achievements. Actual results may differ
significantly from the forecasts due to various factors.

-3-Consolidated Financial Statements and Significant Notes(1) (Consolidated Balance Sheets)(Million yen)Previous Fiscal Year
(February 28, 2023)
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract assets
Electronically recorded monetary claims
Securities
Inventories
Other
Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Buildings and structures, netTools, furniture and fixtures, net
Land
Other, net
Total Property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Deferred tax assets
Other
Allowance for doubtful accounts
Total investment and other assets
Total noncurrent assets
Total assets-4-

Current Fiscal Year
(February 29, 2024)

57,60047,065
8,825
7,008
2,363
6,766
-95
129,534

68,35051,519
5,237
7,903
2,858
4,274
-164
139,980

1,494
2,967
434
1,604
6,499

1,358
2,948
193
1,984
6,484

3,046
3,324
6,371

2,203
3,894
6,098

4,021
1,841
2,378
-19
8,222
21,093
150,628

4,123
1,210
2,380
-19
7,693
20,277160,257(Million yen)Previous Fiscal Year
(February 28, 2023)
Liabilities
Current liabilities
Notes and accounts payable-trade
Electronically recorded obligations - operating
Short-term borrowings
Accounts payable
Income taxes payable
Provision for bonuses
Accrued directors' and corporate auditors' remuneration
Allowance for sales discounts
Other
Total current liabilities
Noncurrent liabilities
Deferred tax liabilities
Provision for directors' retirement benefits
Retirement benefit liability
Asset retirement obligations
Allowance for sales discounts
Other
Total noncurrent liabilities
Total liabilities
Net assets
Shareholder’s equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Other accumulated comprehensive income
Valuation difference on securities
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Total other accumulated comprehensive income
Share subscription rights
Non-controlling shareholders' equity
Total net assets
Total liabilities and net assets-5-

Current Fiscal Year
(February 29, 2024)

25,901
5,116
182
7,265
2,571
1,389
52
86
5,840
48,40629,292
5,667
378
7,525
2,572
1,459
67
10
6,470
53,445

1,019
74
1,187
419
11
117
2,830
51,237

900
57
753
418
0
468
2,599
56,044

3,238
4,739
91,421-3,41595,983

3,238
532
97,918-1,77999,909

1,130
1,435
-153
2,413
86
908
99,391150,628

1,212
1,951
17
3,181
68
1,054
104,212160,257

(2) Consolidated Statement of Income and Statement of Comprehensive Income(Consolidated Statement of Income)(Million yen)Previous Fiscal Year
(March 1, 2022February 28, 2023)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Equity in income of affiliates
OtherTotal non-operating income
Non-operating expenses
Interest expenses
OtherTotal non-operating expenses
Ordinary income
Extraordinary income
Gain on sale of noncurrent assets
Gain on sales of investment security
Subsidies for employment adjustment
Total extraordinary income
Extraordinary lossImpairment loss
Loss on valuation of investment security
Loss due to response to new infections
Expenses for 50th anniversary
Total extraordinary loss
Profit before income taxes
Income taxes-current
Income taxes-deferred
Total income taxes
Net income
Net income attributable to non-controlling interests
Net income attributable to owners of parent-6-

Current Fiscal Year
(March 1, 2023February 29, 2024)

303,776
262,338
41,43725,623
15,814

324,820282,20742,61327,377
15,235

42
77
94
231
446

94
81
127
147
450

43
210
253
16,00627
175
203
15,482

19
34
53

466
4667793
312
483
15,577
3,879
1,496
5,376
10,201
49
10,152316
53
370
15,579
4,321
451
4,773
10,80597
10,707

(Consolidated Statement of Comprehensive Income)(Million yen)Previous Fiscal Year
(March 1, 2022February 28, 2023)
Net income
Other comprehensive income
Valuation difference on securities
Foreign currency translation adjustments
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests-7-

Current Fiscal Year
(March 1, 2023February 29, 2024)

10,201

10,805

209
475
117
802
11,003

82
527
176
786
11,591

10,94557

11,476115

Consolidated Statement of Cash Flows(Million yen)
Current Fiscal Year
(March 1, 2023February 29, 2024)

Previous Fiscal Year
(March 1, 2022February 28, 2023)
Net cash provided by (used in) operating activities
Income before income taxes
Depreciation and amortization
Impairment loss
Amortization of goodwill
Increase (decrease) in accrued bonuses
Increase (decrease) in allowance sales discount
Increase (decrease) in provision for directors' retirement
Increase (decrease) in liabilities relating to retirement benefits
Interest and dividend income
Interest expenses
Loss (gain) on sale of noncurrent assets
Equity in loss (gain) of affiliates
Loss (gain) on valuation of investment securities
Loss (gain) on sale of investment securities
Decrease (increase) in notes and accounts receivable- trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable-trade
Increase (decrease) in accounts payable
Other
Sub-totalInterest and dividend received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating activities
Net cash provided by (used in) investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of short-term and long-term investment securities
Proceeds from sales and redemption of short-term and long-term
investment securities
Purchase of property, plant and equipment and intangible assets
Proceeds from sale of property, plant and equipment and intangible assets
Increase in subsidiaries arising from change in scope of consolidation
Payments for sale of shares of subsidiaries resulting in change in scope ofconsolidation
Other
Net cash provided by (used in) investing activities
Cash flow from financing activities
Net increase (decrease) in short-term borrowings
Cash dividends paid
Purchase of treasury shares
Other
Cash flow from financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period-8-15,5772,483
77
808
20-102-9-191-120
43-0
-93
-19
-10,823-286
4,419
50
177
12,010177-43-3,248
8,895

15,579
2,918
316
880
72
-86
-17
-266
-176
27-467-127
53-379
-502
3,873
309
149
22,157277-27-3,89018,518-165
279-12,191-76
97-14,431

5,072

13,503-3,0091-489-3,613
692
-283

--143

-212
-10,715-63-4,319-85-4,200-1,850-45-6,181477-7,52367,52059,99640-4,213-2,602-146-6,922
441
7,717
59,99667,714

(5) Notes on consolidated financial statements(Notes ongoing concern assumption)
Not applicable(Segment Information)[Segment Information]
1. Outline of reportable segments
As a strategic partner of our customers, we are engaged in the Facilities management business, which
provides optimal solutions for solving problems through a variety of services related to facilities. The
Facilities management business comprises 7 business segments: Facilities management, Security
services, Cleaning services, Construction work, Materials/supplies sourcing services, Vending machineservices, and Support services. Each business unit develops and promotes its own business strategy.
Accordingly, we have 7 business segments in the Facility management business as reportablesegments.
The main contents of each business are as follows.
① Facilities management: Maintenance, inspection and care of building facilities② Security services: Provision of general security services, including facility security, crowd andtraffic control, and security or transporting valuables.
③ Cleaning services: Cleaning of buildings and facilities④ Construction work: Planning, design and construction of large-scale repairs and shop interiors;
proposals and construction related to energy conservation and CO2 reduction;energy data management services.
⑤ Materials/supplies sourcing services: Purchasing agent for indirect materials and procurement ofmaterials, etc.
⑥ Vending machine services: Operation of beverage vending machines, ornamental plants andsmoking machines⑦ Support services: Travel agency, housework support services, education and human resources
services
2. Calculation method for net sales, income or loss, assets and other items by reportable segment
Segment income is based on operating income.
Transaction prices and transfer prices among segments are based on prevailing market prices.
3. Information on net sales, income or loss, assets and other items by reportable segment
Previous fiscal year (March 1, 2022 - February 28, 2023)(Million yen)
Reportable segment (Facilities Management Business)
Facilities
management

Security
services

Cleaning
services

Construction
work

Materials/supplies sourcing
services

Vending
machineservices

Supportservices

Total

Net sales
Sales from external customers
Inter-segment sales andtransfers
Total
Segment income

64,79449,47868,33652,08441,544

9,466

18,070303,776

-

162-

-

43

-

1,651

1,858

64,79449,641

68,33652,084

41,5889,46619,722

305,634

5,810

3,279

7,014

4,080

1,999

1,083

462

23,731

Current fiscal year (March 1, 2023 - February 29, 2024)(Million yen)
Reportable segment (Facilities Management Business)
Facilities
management

Security
services

Cleaning
services

Construction
work

Materials/supplies sourcing
services

Vending
machineservices

Supportservices

Total

Net sales
Sales from external customers
Inter-segment sales and transfers
Total
Segment income

69,50950,91970,42859,21946,315

9,616

18,810324,820

0142

--62-

1,631

1,836

69,50951,06270,42859,21946,3789,616

20,442

326,657

5,913

3,108

5,277

5,322

2,322

1,290

545

23,781-9-The difference between Total of reportable segments and amount recorded in financial statement (items inrelation to adjustment of differences)(Million yen)
Net sales

Previous Fiscal Year

Current Fiscal Year

Total of reportable segments

305,634

326,657

Elimination of inter-segment transactions-1,858-1,836

Net sales in financial statement

303,776

324,820(Million yen)

IncomePrevious Fiscal Year

Total of reportable segments

Current Fiscal Year

23,731

23,781Elimination of inter-segment transactions-308-353

Amortization of goodwill-808-880

Company-wide expenses*-6,799-7,312

Operating income in financial statement

15,814

15,235(Note) “Company-wide expenses” are mainly general administrative expenses that do not belong to any reportable segment.

(Per-stock Information)
Previous Fiscal Year
(March 1, 2022 -February 28, 2023)

Current Fiscal Year
(March 1, 2023 -February 29, 2024)

Net assets per share

1,991.86 yen

Net assets per share

2,124.04 yen

Net income per share

203.54 yen

Net income per share

219.70 yen

Diluted net income per share

203.40 yen

Diluted net income per share

219.57 yen(Note 1) Basis for calculating net assets per share
Item

Previous Fiscal Year
(February 28, 2023)

Current Fiscal Year
(February 29, 2024)

Total net assets (million yen)

99,391

104,212

Net assets related to common stock (million yen)

98,396103,090

Share subscription rights

8668

Non-controlling shareholders' equity

908

1,054

50,66949,1691,270

634

49,39948,535Major breakdown of difference (million yen)

Number of shares of common stock outstanding(thousand shares)
Number of treasury shares of common stock(thousand shares)
Number of common shares used to calculate net assets
per share (thousand shares)(Note 2) The basis of calculation for net income per share and diluted net income per share
Item

Previous Fiscal Year
(March 1, 2022February 28, 2023)

Net income attributable to owners of parent (millionyen)

Current Fiscal Year
(March 1, 2023February 29, 2024)
10,152- 10 -

10,707

Item

Previous Fiscal Year
(March 1, 2022February 28, 2023)

Net income attributable to owners of parent related tocommon stock (million yen)
Average number of shares during period (thousandshares)
Major components of increase in common stock usedin the calculation of diluted net income per share(thousand shares)
Share subscription rights(Significant subsequent events)
Not applicable- 11 -

Current Fiscal Year
(March 1, 2023February 29, 2024)
10,152

10,70749,876

48,7383429