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. The Company assumes no responsibility for this translationor for direct, indirect or any other forms of damages arising from the translation.

August 9, 2024

Consolidated Financial Results Announcement
for the First Halfof the Fiscal Year Ending December 31, 2024
[Japanese Standards] (Consolidated)
Company name:
Stock exchange listing:

Fullcast Holdings Co., Ltd.
TSE Prime Market

Stock code:
URL:

4848
https://www.fullcastholdings.co.jp

Representative:
Contact:
Telephone:

Kazuki Sakamaki, President, Representative Director and CEO
Yasuomi Tomotake, General Manager of the IR and Finance Department+81-3-4530-4830

Date of submission of report for the first half (Planned):
Date of commencements of dividend payments (Planned):
Preparation of supplementary references regarding financial results:
Briefing for quarterly results:

August 13, 2024
September 2, 2024
Yes (shown on our website)
Yes (for institutional investors and analysts)(Figures are rounded to the nearest million yen)

1. Consolidated Financial Results for the First Half of the Fiscal Year Ending December 31, 2024 (January 1 to June 30, 2024)(1) Consolidated Business Results(% = year-on-year change)

Net sales
1H FY12/24 (June 30, 2024)
1H FY12/23 (June 30, 2023)

Operating profit

Million yen
33,657
33,122%
1.6
7.5

Million yen
4,264
4,596

Profit attributable toowners of parent
Million yen
%
3,525
10.1
3,201
(3.5)

Ordinary profit
%
(7.2)
(5.0)

Million yen
4,321
4,566

%
(5.4)
(6.9)

(Note) Comprehensive income: 3,653 million yen (7.9%) as of June 30, 2024 3,387 million yen ((3.2)%) as of June 30, 2023

Basic earnings per share Diluted earnings per share
Yen
100.1089.21

1H FY12/24 (June 30, 2024)
1H FY12/23 (June 30, 2023)

Yen
99.54
88.73

(2) Consolidated Financial Conditions
Total assets

Net assets

Million yen
40,73438,977

1H FY12/24 End (June 30, 2024)
FY12/23 End

Equity-to-asset ratio

Million yen
28,634
26,785

%
68.5
65.2

(Reference) Equity: 27,886 million yen as of June 30, 2024 25,401 million yen as of December 31, 2023

2. Dividend Status
Dividend per share (yen)
1Q End1H EndFY12/23

Yen
-

Yen
29.00

FY12/24-

31.00

3Q EndFY EndAnnual

Yen
-

Yen
32.00

Yen
61.00

-

31.00

62.00

FY12/24 Forecast(Note) Revision of dividends forecast during the current most recently announced: None

3. Consolidated Business Forecasts for the Fiscal Year Ending December 31, 2024 (January 1 to December 31, 2024)(% = year-on-year change)
Net sales

Operating profit

Ordinary profit

Million yen%
Million yen%
Million yen%
Full year
70,5002.2
7,200 (16.8)
7,233 (16.7)(Note) Revision of consolidated business forecasts in the current most recently announced: None

Profit attributable to Basic earnings perowners of parent
shareMillion yen%
Yen
5,045 (14.3)
143.29* Notes(1) Significant changes in the scope of consolidation during the period:

Yes

New: - (company name: - ) Exception: 4 (company name: BOD Co., Ltd., HR Management Co., Ltd., Progress, Inc., BPC, Inc.)(2) Application of special accounting treatment in the production of consolidated financial statements for the first
None
half:
(3) Changes in accounting principles, accounting estimates, and re-presentation of changes
1) Changes in accounting policies associated with revisions of accounting principles and others:None2) Changes in accounting policies other than those mentioned in 1) above:None3) Changes in accounting estimates:

None4) Re-presentation of changes:

None(4) Number of issued shares (Ordinary shares)
1) Number of issued shares at the term end (Including treasury shares)

1H FY12/24

37,486,400

FY12/23

37,486,400

2) Number of treasury shares at the term end

1H FY12/24

2,272,851

FY12/23

2,277,051

3) Average number of shares outstanding during the current term

1H FY12/24

35,212,511

1H FY12/23

35,880,111* Financial results for the first half are not subject to review by a certified public accountant or auditing firm.

* Explanation of the proper use of business forecasts and other important notes.
Of all plans, business forecasts, strategies and other information provided within this document, those which are not historical facts are future outlooks
based upon certain conditions and our management’s judgments based upon currently available data. Therefore, we warn against relying solely uponthese outlooks in assessing our business results, corporate value and other factors. Please also be informed that actual financial results may vary widelyfrom our business forecasts due to various factors. Important factors that may have an impact upon our actual financial results include: (1) economic
and financial conditions surrounding our Company and changes in the employment situation, (2) damages to infrastructure arising from disasters
including earthquakes, and (3) changes in the relevant laws, including the Labor Standards Act and the Worker Dispatching Act, and in interpretationsof these Acts. However, factors that affect our financial results are not limited to only these. Furthermore, please note that we may choose not toreexamine our business forecasts in response to new data, future events or other factors. For assumptions underlying our business forecasts and related
issues, please refer to Page 4 “1. (3) Explanation of Consolidated Business Forecasts” of the “Appendix.”

Fullcast Holdings Co., Ltd. (4848) Financial Statement and Results Announcement for the First Half of the FY 2024

<Table of Contents of Appendix>
1.

2.

Qualitative Information Concerning Performance for the First Half ...........................................................................

2(1)

Explanation of Consolidated Operating Results................................................................................................

2(2)

Explanation of Consolidated Financial Position ...............................................................................................

3(3)

Explanation of Consolidated Business Forecasts ..............................................................................................

4

Consolidated Financial Statements and Primary Notes for the First Half......................................................................

5(1)

Consolidated Balance Sheet for the First Half ..................................................................................................

5(2)

Consolidated Statement of Income and Consolidated Statement of Comprehensive Income for the First Half7

(3)

Consolidated Statement of Cash Flows for the First Half .................................................................................

9(4)

Notes on Consolidated Financial Statements for the First Half.........................................................................

11(Notes on Going Concern Assumption) ............................................................................................................

11(Notes on Significant Change of Shareholders’ Equity) ....................................................................................

11(Segment Information and Others) ....................................................................................................................

12

―1―

Fullcast Holdings Co., Ltd. (4848) Financial Statement and Results Announcement for the First Half of the FY 2024

1. Qualitative Information Concerning Performance for the First Half
(1) Explanation of Consolidated Operating Results
During the first half of the current fiscal year, Japan’s economy continued to recover gradually due to improvements in both
corporate earnings and business confidence, and continued recovery in capital investments despite signs of stagnation in personal
consumption. Economic conditions are expected to continue to recover gradually given the effects of various government policies
under the improving employment and wage environment. However, the economic horizon remains clouded due to a number of
uncertainties including rising prices, the situation in the Middle East, and fluctuations in financial and capital markets, all of which
require close attention to assess their potential impacts, in addition to risks of a downturn in Japan’s economy caused by aweakening in overseas economies amid the effects of continuously high interest rates in Europe and America and an uncertain
economic outlook in China.
With regards to the current operating environment surrounding the staffing service industry, the employment situation isundergoing a recovery. This is indicated by a stabilization in the jobs offers-to-applicants ratio at high levels, and the continuing
improvement of the employment ratio, despite the decreasing trend in the new job offers ratio. As for the future outlook, theoperating environment is expected to continue to recover.
Against this backdrop, in the first half of the current fiscal year, our Group implemented group management activities to achieve
our goal of “to further strengthen the business foundation to better respond to the demand related to the restart of various activities
following the COVID-19 pandemic and to the labor shortage under the declining labor force, and to address the businessenvironment where competition is expected to intensify in the spot work market, where the entry of players from other industries isalso regarded as certain.” Our Group also carried out marketing activities focused on boosting overall profitability of our Group,particularly in the mainstay “Placement” (Note 1) and “BPO” (Note 2) services. In addition, our Company worked to further
expand its business while maximizing profits by continuing to increase productivity and promote operational efficiencies acrossour entire Group.
Consolidated net sales increased by 1.6% year-on-year to 33,657 million yen, due to the inclusion of profit and loss from the“Restaurant Business.”
In terms of profits, consolidated operating profit declined by 7.2% year-on-year to 4,264 million yen, and consolidated ordinary
profit declined by 5.4%year-on-year to 4,321 million yen due to the drop in COVID-19-related special demand and My-Numberrelated special demand in the first half of the current fiscal year, as expected, and the exclusion of BOD Co., Ltd. from the scope of
consolidation from the first half of the current fiscal year, despite the acquisition of the expanding customer demand related to therevitalization of economic and social activities as the impact from COVID-19 subsided leading to growth of the mainstay“Placement” service in the “Short-Term Operational Support Business.”
Profit attributable to owners of parent increased by 10.1% year-on-year to 3,525 million yen, due to the booking of a 1,295
million yen gain on sale of shares of subsidiaries as extraordinary income following the transfer of the consolidated subsidiary
BOD Co., Ltd. in the first half of the current fiscal year.
Our Group transferred all its shares of its consolidated subsidiary BOD Co., Ltd. on March, 29, 2024. As a result, BOD Co., Ltd.
and its subsidiaries HR Management Co., Ltd., Progress, Inc. and BPC, Inc. have been removed from the scope of consolidation.
Profits and losses for the period up to the exclusion from the scope of consolidation are included in the consolidated financial
statements for the first half of the first half of the current fiscal year.
Notes:

1. The mainstay “Part-Time Worker Placement” service, Hayfield inc.'s staffing service specializing in the real estate industry and App X
Group’s job search application service are referred to as “Placement.”
2. The mainstay “Part-Time Work Payroll Management” services, as well as other personnel and labor-related business process
outsourcing (BPO) services such as the “My Number Management” service, and the back office BPO services of BOD Group arereferred to as “BPO.”

The results for each of our operating business segments are as follows.
1) Short-Term Operational Support BusinessNet sales of the “Short-Term Operational Support Business” decreased by 7.3% year-on-year to 27,276 million yen due tothe drop in COVID-19-related special demand and My-Number-related special demand in the first half of the current fiscal year,
as expected, and the exclusion of BOD Co., Ltd. from the scope of consolidation from the first half of the current fiscal year,
despite the acquisition of the expanding customer demand related to the revitalization of economic and social activities as the―2―Fullcast Holdings Co., Ltd. (4848) Financial Statement and Results Announcement for the First Half of the FY 2024

impact from COVID-19 subsided leading to growth of the mainstay “Placement” service in the “Short-Term Operational
Support Business.”
In terms of profit, segment profit (operating profit) declined by 9.3% year-on-year to 4,479 million yen mainly due to thedecrease in net sales.

2) Sales Support BusinessIn sales of Internet access, which is a mainstay business, net sales of the “Sales Support Business” increased by 7.7% yearon-year to 1,769 million yen due to the good performance of sales of telecommunications products using a network of agentsthroughout the first half of the current fiscal year.
In terms of profits, segment profit (operating profit) increased by 44.7% year-on-year to 121 million yen due to the growth innet sales.
3) Restaurant BusinessNet sales of the “Restaurant Business” increased by 277.2% year-on-year to 3,453 million yen due to the inclusion of results
for the full financial period this time, compared to two months in the previous period, in addition to the continued recovery
trend in demand in the domestic business.
In terms of profits, segment profit (operating profit) increased by 998.7% year-on-year to 264 million yen due to theincrease in net sales and the effect of cuts in SG&A expenses.
The new segment “Restaurant Business” was created in the first half of the previous fiscal year.
4) Security, Other Businesses
Net sales of “Security, Other Businesses” increased by 2.0% year-on-year to 1,159 million yen mainly due to the acquisitionof permanent security projects, despite a decrease in the number of temporary security projects concerning COVID-19-related
operations.
In terms of profits, despite an increase in net sales, segment profit (operating profit) decreased by 8.5% year-on-year to 97
million yen mainly due to the acquisition of temporary security projects concerning COVID-19-related operations with arelatively high gross margin in the previous fiscal year.

(2) Explanation of Consolidated Financial Position
1) Assets, Liabilities and Net Assets
At the end of the first half of the current fiscal year, total assets increased by 1,757 million yen from the end of the previous fiscal year
to 40,734 million yen. Equity increased by 2,485 to 27,886 million yen (equity-to-asset ratio of 68.5%), and net assets grew by 1,848 to
28,634 million yen.
Details of major changes in assets and liabilities are described as follows.
With regards to assets, current assets increased by 1,896 million yen from the end of the previous fiscal year to 26,744 million
yen. This growth is attributed mainly to a rise in cash and deposits of 3,729 to 18,197 million yen, which offset falls in notes andaccounts receivable - trade of 1,292 to 7,124 million yen and other under current assets of 567 to 1,377 million yen caused mainly
by a decrease in accounts receivable - other of 565 to 1,015 million yen.
Non-current assets decreased by 139 million yen from the end of the previous fiscal year to 13,989 million yen. This decline is
attributed mainly to falls in goodwill of 358 to 5,471 million yen and other under investments and other assets of 172 to 1,653
million yen caused mainly by a decrease in leasehold deposits of 126 to 1,027 million yen, which offset an increase in investment
securities of 353 to 2,677 million yen.
With regard to liabilities, current liabilities decreased by 14 million yen from the end of the previous fiscal year to 9,778 million
yen. This decline is attributed mainly to falls in other under current liabilities of 388 to 1,454 million yen caused mainly by adecrease in deposits received of 344 to 865 million yen, accrued expenses of 257 to 1,619 million yen and accrued consumption
taxes of 235 to 1,126 million yen, which offset an increase in income taxes payable of 909 to 2,159 million yen.

―3―

Fullcast Holdings Co., Ltd. (4848) Financial Statement and Results Announcement for the First Half of the FY 2024

Non-current liabilities decreased by 78 million yen from the end of the previous fiscal year to 2,322 million yen. This decline is
attributed mainly to falls in other under non-current liabilities of 61 to 1,445 million yen caused mainly by a decrease in asset
retirement obligations of 35 to 370 million yen, and retirement benefit liability of 17 to 876 million yen.
2) Cash Flows
Outstanding cash and cash equivalents (Hereinafter referred to as “funds”) at the end of the first half of the current fiscal year
increased by 3,729 million yen from the end of the previous fiscal year to 18,197 million yen (compared with a decrease of 6,305
million yen in the first half of the previous fiscal year).
(Cash Flows from Operating Activities)
Funds provided by operating activities were 4,410 million yen (compared with 1,661 million yen provided in the first half ofthe previous fiscal year) due to profit before income taxes of 5,608 million yen, which covered a gain on the sale of subsidiaryshares of 1,295 million yen, income taxes paid of 1,086 million yen, despite with a decrease in trade receivables of 581 million
yen, and an income tax refund of 550 million yen.
(Cash Flows from Investing Activities)
Funds provided from investing activities were 449 million yen (compared with 5,403 million yen used in the first half of theprevious fiscal year) due to 999 million yen in proceeds from sale of subsidiary shares resulting in a change in the scope of
consolidation, which was somewhat offset by purchase of investment securities of 255 million yen and purchase of intangible
assets of 215 million yen.
(Cash Flows from Financing Activities)
Funds used in financing activities were 1,130 million yen (compared with 2,563 million yen used in the first half of theprevious fiscal year) due to dividends paid of 1,126 million yen.

(3) Explanation of Consolidated Business Forecasts
The progress rate of consolidated operating and ordinary profits exceeded 50% of our full-year forecasts, as these forecasts
initially incorporated the fact that expenses for strategic investments would be concentrated in the second half of the year. In
addition, the progress rate of our profit attributable to owners of parent against the full-year forecast was 69.9%, due to thebooking of a gain on sale of shares of subsidiaries as extraordinary income in the first half of the current fiscal year following thetransfer of the consolidated subsidiary BOD Co., Ltd. With regards to the consolidated business forecasts for the full-year resultsof the fiscal year ending December 2024, which incorporated expenses for strategic investments concentrated in the second halfof the fiscal year, the financial results for the first half of the current fiscal year did not reach a level that requires revision of ourfull-year forecasts, which adds up the results for the first half of the fiscal year to the projected results for the second half.
Therefore, our Company has not revised our consolidated business forecasts for the fiscal year ending December 2024, whichwere announced on February 9, 2024.

―4―

Fullcast Holdings Co., Ltd. (4848) Financial Statement and Results Announcement for the First Half of the FY 2024

2. Consolidated Financial Statements and Primary Notes for the First Half
(1) Consolidated Balance Sheet for the First Half
(Million yen)
FY12/23 End(December 31, 2023)

1H FY12/24 End(June 30, 2024)

ASSETS
Current assets
Cash and deposits

14,46818,197

Notes and accounts receivable - trade

8,416

7,124

43

71

Merchandise
Supplies

30

30

Other

1,943

1,377

Allowance for doubtful accounts

(52)

(55)

24,84926,744712

667

Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Tools, furniture and fixtures, net

184

199

1,145

1,145

1

1

2,042

2,012

Goodwill

5,829

5,471

Trademark right

1,650

1,608

470

577

7,950

7,656

Investment securities

2,324

2,677

Other

1,824

1,653

Land
Other, net
Total property, plant and equipment
Intangible assets

Other
Total intangible assets
Investments and other assets

Allowance for doubtful accounts

(12)

(9)

Total investments and other assets

4,137

4,321

14,12813,98938,97740,734

Total non-current assets
Total assets―5―Fullcast Holdings Co., Ltd. (4848) Financial Statement and Results Announcement for the First Half of the FY 2024

(Million yen)
FY12/23 End(December 31, 2023)

1H FY12/24 End(June 30, 2024)

LIABILITIESCurrent liabilities
Notes and accounts payable - trade

537

660

Short-term borrowings

1,000

1,000

Accounts payable - other

1,751

1,702

Accrued expenses

1,876

1,619

Income taxes payable

1,250

2,159

Accrued consumption taxes

1,361

1,126

177

60

Other

1,842

1,454

Total current liabilities

9,793

9,778

Provision for bonuses

Non-current liabilities
Retirement benefit liability
Other
Total non-current liabilities

893

876

1,506

1,445

2,399

2,322

12,192

12,100Share capital

2,780

2,780

Capital surplus

2,006

2,006

Retained earnings

24,86827,261

Treasury shares△4,647△4,638

Total shareholders’ equity

25,007

27,409Valuation difference on available-for-sale securities

140

133

Foreign currency translation adjustment

253

344

Total accumulated other comprehensive income

394

477

Share acquisition rights

204

226

Non-controlling interests

1,181

522

Total net assets

26,78528,63438,97740,734

Total liabilities
NET ASSETS
Shareholders’ equity

Accumulated other comprehensive income

Total liabilities and net assets―6―Fullcast Holdings Co., Ltd. (4848) Financial Statement and Results Announcement for the First Half of the FY 2024

(2) Consolidated Statement of Income and Consolidated Statement of Comprehensive Income for the First Half
Consolidated Statement of Income for the First Half

(Million yen)
1H FY12/23(January 1 to June 30, 2023)

1H FY12/24(January 1 to June 30, 2024)

Net sales

33,12233,657

Cost of sales

22,19021,488Gross profit

10,933

12,169Selling, general and administrative expenses

6,337

7,906

Operating profit

4,596

4,264

2

3

Share of profit of entities accounted for using equity method-

17

Revenue - advertising

27

35

Other

29

32

Total non-operating income

58

87Interest expenses

4

7

Share of loss of entities accounted for using equity method

9-

Settlement payments

38

8Commission for purchase of treasury shares

21

-

Other

16

15

Non-operating income
Dividend income

Non-operating expenses

Total non-operating expenses
Ordinary profit

88

30

4,566

4,321

-

1,295

Extraordinary income
Gain on sale of shares of subsidiaries
Other

346

11

Total extraordinary income

346

1,306

Loss on retirement of non-current assets

17

20

Total extraordinary losses

17

20

Profit before income taxes

4,894

5,608

Income taxes - current

1,538

2,076

Extraordinary losses

Income taxes - deferred

87

(37)

Total income taxes

1,625

2,038

Profit

3,270

3,569

69

45

3,201

3,525

Profit attributable to non-controlling interests
Profit attributable to owners of parent―7―

Fullcast Holdings Co., Ltd. (4848) Financial Statement and Results Announcement for the First Half of the FY 2024

Consolidated Statement of Comprehensive Income for the First Half

(Million yen)
1H FY12/23(January 1 to June 30, 2023)
Profit1H FY12/24(January 1 to June 30, 2024)

3,270

3,569

Valuation difference on available-for-sale securities

42

(7)

Foreign currency translation adjustment

76

91

Total other comprehensive income

117

84

3,387

3,653

3,307

3,608

80

45

Other comprehensive income

Comprehensive income(Comprehensive income attributable to)
Owners of parent
Non-controlling interests―8―Fullcast Holdings Co., Ltd. (4848) Financial Statement and Results Announcement for the First Half of the FY 2024

(3) Consolidated Statement of Cash Flows for the First Half
(Million yen)
1H FY12/23(January 1 to June 30, 2023)

1H FY12/24(January 1 to June 30, 2024)

Cash flows from operating activities
Profit before income taxes

4,894

5,608

Depreciation

139

211

Amortization of goodwill

149

249

5

(1)

Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for bonuses

(168)

70

Interest and dividend income

(3)

(3)

Interest expenses
Share of loss (profit) of entities accounted for using equity
methodGain on sale of shares of subsidiaries

4

7

9

(17)

-

(1,295)

Loss on retirement of non-current assets

17

20

Decrease (increase) in trade receivables

1,397

581

28

24

Decrease (increase) in accounts receivable - other
Increase (decrease) in trade payables

(130)

147

Increase (decrease) in accrued expenses

(380)

(12)

(1,210)(158)

Increase (decrease) in accrued consumption taxes
Increase (decrease) in retirement benefit liability

25

(17)

Other, net

(513)

(465)

Subtotal

4,263

4,949

Interest and dividends received

33Interest paid

(4)

(7)

(2,620)(1,086)

19

550

1,661

4,410

(35)

(120)

Income taxes paid
Income taxes refund
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Purchase of intangible assets

-

11

(29)

(215)

Proceeds from sale of intangible assets-

20

Purchase of investment securities

-

(255)

346

0

(5,241)

-

-

999

(450)

-

Proceeds from sale of investment securities
Purchase of shares of subsidiaries resulting in change inscope of consolidation
Proceeds from sale of shares of subsidiaries resulting inchange in scope of consolidation
Additional purchase of investment in consolidated
subsidiaries
Proceeds from collection of loans receivable
Other, net
Net cash provided by (used in) investing activities

―9―

9

18

(2)

(9)

(5,403)449

Fullcast Holdings Co., Ltd. (4848) Financial Statement and Results Announcement for the First Half of the FY 2024

(Million yen)
1H FY12/23(January 1 to June 30, 2023)

1H FY12/24(January 1 to June 30, 2024)

Cash flows from financing activities
Repayments of long-term borrowings

(58)

-

Purchase of treasury shares(1,238)-Dividends paid

(1,262)(1,126)

Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents

(5)

(4)

(2,563)(1,130)-(1)

Net increase (decrease) in cash and cash equivalents(6,305)

3,729

Cash and cash equivalents at beginning of period

20,626

14,468Cash and cash equivalents at end of period

14,321

18,197―10―

Fullcast Holdings Co., Ltd. (4848) Financial Statement and Results Announcement for the First Half of the FY 2024

(4) Notes on Consolidated Financial Statements for the First Half
(Notes on Going Concern Assumption)
There are no relevant matters.
(Notes on Significant Change of Shareholders’ Equity)
There are no relevant matters.

(Segment Information and Others)[Segment information]
The First Half of the Previous Fiscal Year (January 1 to June 30, 2023)
1.Information Concerning Net Sales, Profits and Losses for Each Reporting Segment(Million yen)
Consolidated
statement of
Adjustment Income amountamountfor the first half
(Note 1)
(Note 2)

Reporting segment
Short-Term
Security,
Sales Support Restaurant
Operational
Other
Business
Business
Support BusinessBusinesses

Total

Net sales
Sales to external customers
Inter-segment sales or transfers
Total
Segment profit

29,428

1,643

916

1,136

33,122-

33,122

5

12

-

6

22

(22)

-

29,433

1,654

916

1,142

33,145(22)

33,122

4,938

84

24

106

5,152

(556)

4,596

Notes: 1. (4) million yen in inter-segment eliminations and (552) million yen in company-wide expenses not allocated to any specificreporting segment are included in the (556) million yen segment profit adjustment amount. Company-wide expenses are mainly
general and administrative expenses that do not belong to any specific reporting segments.
2. Segment profit is adjusted with operating profit as listed in consolidated statement of income for the first half.

2. Information Concerning Assets by Reported Segment(Considerable growth of assets due to the acquisition of subsidiaries)
In the first half of the current fiscal year, our Group includes GLOBEAT INC., whose shares we acquired, itsconsolidated subsidiary GLOBEAT HOLDINGS INC., and its consolidated sub-subsidiary GLOBEAT JAPAN INC.
within the scope of the consolidation. Assets in the “Restaurant Business” segment have increased by 9,298 million yen
compared to the last day of the previous fiscal year. The amount of assets for said segment is calculated on a provisional
basis, as the allocation of the cost of acquisition at the end of the first half of the current fiscal year is ongoing.
3. Information Concerning Impairment Loss on Fixed Assets, Goodwill and Others by Reported Segment(Important fluctuations of the amount of goodwill)In the first half of the current fiscal year, our Group includes GLOBEAT INC., whose shares we acquired, itsconsolidated subsidiary GLOBEAT HOLDINGS INC., and its consolidated sub-subsidiary GLOBEAT JAPAN INC.
within the scope of the consolidation. The increase in goodwill in the first half of the current fiscal year due to theaforementioned event in the “Restaurant business” was 3,114 million yen.
The increase in goodwill is calculated on a provisional basis, as the allocation of the cost of acquisition at the end of
the first half of the current fiscal year is ongoing.

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Fullcast Holdings Co., Ltd. (4848) Financial Statement and Results Announcement for the First Half of the FY 2024

The first half of the Current Fiscal Year (January 1 to June 30, 2024)
Information Concerning Net Sales, Profits and Losses for Each Reporting Segment(Million yen)
Consolidated
statement of
Adjustment Income amountamountfor the first half
(Note 1)
(Note 2)

Reporting segment
Short-Term
Security,
Sales Support Restaurant
Operational
Other
Business
Business
Support BusinessBusinesses

Total

Net sales
Sales to external customers
Inter-segment sales or transfers
Total
Segment profit

27,276

1,769

3,453

1,159

33,657-33,657

8

6

-

1

15

(15)

-

27,284

1,775

3,453

1,160

33,672(15)

33,657

4,479

121

264

97

4,961

(697)

4,264

Notes: 1. (6) million yen in inter-segment eliminations and (692) million yen in company-wide expenses not allocated to any specificreporting segment are included in the (697) million yen segment profit adjustment amount. Company-wide expenses are mainly
general and administrative expenses that do not belong to any specific reporting segments.
2. Segment profit is adjusted with operating profit as listed in consolidated statement of income for the first half.

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