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.

August 13,2024

Consolidated Financial Results
for the Three Months Ended June 30, 2024
(Under Japanese GAAP)
Company name: LIFEDRINK COMPANY Co., Ltd.
Stock exchange listing:Tokyo Stock Exchange
Code number:
2585
URL:
http://www.ld-company.com/
Representative:
Kuniaki Okano, President and Representative Director
Inquiries:
Daisuke Shimizu, Executive Officer General Manager of Business ManagementPhone:+81-6-6453-3220
Scheduled date to commence dividend payments: Preparation of supplementary material on quarterly financial results: Yes
Presentation of quarterly financial results : None
(Amounts of less than one million yen are rounded down.)

1. Consolidated financial results for the Three months ended June 30, 2024 (April 1, 2024 -June 30,2024)(1) Consolidated operating results (cumulative)
RevenueThree months ended

Operating profit

Million yen%

June 30, 2024

11,308June 30, 2023

9,971

Note: comprehensive income(Percentages indicate year on year changes)
Profit attributable toowners of parent

Ordinary profit

Million yen%

Million yen%

13.4

1,244-

1,406

Million yen%

(11.5)

1,249-

1,364(8.4)

851(10.2)-947-

For the three months ended June 30, 2024 954 million yen (19.6)%
For the three months ended June 30, 2023 1,186 million yen
Diluted earnings
per share

Earnings per share
Three months ended

Yen

Yen

June 30, 2024

65.22

65.12

June 30, 2023

73.06

72.57

Note : Since we have prepared consolidated financial statements from the fourth quarter of the fiscal year ended March 31, 2023, thefigures for the three months ended June 30, 2024 and the percentage change from the previous fiscal year are not shown. The percentagechange in consolidated operating results for three months ended June 30, 2024 compared to the non-consolidated operating results forthe three months ended June 30, 2023 is revenue increased 38.3%, operating profit increased 89.5%, ordinary profit increased 85.8%,
and profit attributable to owners of the parent increased 86.1%.

(2) Consolidated financial position
Total assetsAs ofNet assets

Equity-to-asset ratio

Million yen

Million yen

June 30, 2024

35,554

11,82033.2

March 31, 2024

30,646

11,34237.0

Reference: Equity

As ofJune 30, 2024

11,820 million yen%

As of March 31, 2024

11,342 million yen

2. Cash dividends
First quarter-end
Yen-

Second quarter-end
Yen
0.00

Dividends per share
Third quarter-end
Yen-

Fiscal year-end
Total
Fiscal year ended
Yen
Yen
June 30,2024
37.00
37.00
Fiscal year ended
Fiscal year ending
March 31,2025
0.00
11.25
11.25
(Forecast)
Note: Revisions to the forecast of cash dividends most recently announced: Yes We plan to conduct a stock split at a ratio of 1 shareof common stock to 4 shares, effective October 1, 2024. The per-share dividend forecast for the fiscal year ending March 2025 reflects
the impact of the stock split. Additionally, the forecast year-end dividend for the fiscal year ending March , 2025, without considering
the stock split, is 45 yen per share.

3. Consolidated financial results forecast for the fiscal year ending March 31,2024(April 1, 2024 -March 31,2025)(Percentages represent changes from the previous year.)
Revenue
Fiscal year ending

Million yen%

Operating profit

Ordinary profit

Million yen

Million yen%

Profit attributable to Fiscal year earnings
per shareowners of parent%

Million yen%

Yen

March 31, 2025
44,000 15.1
5,750 22.0
5,650 22.6
3,850 22.0
73.32
Note: Revision to the earnings the most recently announced :NoneWe plan to conduct a stock split at a ratio of 1 share of common stock to 4 shares, effective October 1, 2024. The full-year net income
per share in the consolidated earnings forecast for the fiscal year ending March 2025 will reflect the impact of the stock split. The net
income per share, without considering the stock split, would be 294.87 yen.
Reference: EBITDA Fiscal year ending March 31, 2025 7,500 million yen + 28.4%

* Notes(1) Significant changes in the scope of consolidation during the period under review: None
(2) Adoption of special accounting methods in preparation of quarterly consolidated financial statements: None
(3) Changes in accounting policies, changes in accounting estimates and restatement of corrections(i) Changes in accounting policies due to revisions to accounting standards and other regulations: None(ii) Changes in accounting policies other than (i): None(iii) Changes in accounting estimates: None(iv) Restatements: None
(4) Number of shares issued (common shares)(i)

Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2024

13,058,295 shares

As of March 31, 2024

13,056,795 shares(ii) Number of treasury shares at the end of the period
As of June 30, 2024

80 shares

As of March 31, 2024

52 shares(iii) Average number of shares during the period
Three months ended June 30, 2024

13,058,032 shares

Three months ended June 30, 2023

12,975,809 shares

Note: Quarterly financial results reports are exempt from quarterly reviews by certified public accountants or an audit firm.
Note: Explanation for appropriate use of earnings forecast and other notes(Cautionary statement regarding forward-looking statements, etc.)
The forward-looking statements in this document, including earnings forecasts, are based on information currently available to theCompany and certain assumptions that the Company deems reasonable, and are not intended to be a promise by the Company that they
will be achieved. Actual results may differ materially due to various factors.
(How to obtain supplementary financial results materials)
Supplementary materials for financial results will be posted on the Company's website after the announcement of financial results.

○Table of Contents – Attachments
1. Quarterly Consolidated Financial Statements and Principal Notes ................................................................. 2(1) Quarterly Consolidated Balance Sheets ............................................................................................................. 2(2) Quarterly Consolidated Statements of Income and Comprehensive Income..................................................... 41

1. Quarterly Consolidated Financial Statements and Principal Notes(1) Quarterly Consolidated Balance Sheets(Million yen)
As of March 31, 2024
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
LandConstruction in progress
Other, net
Total property, plant and equipmentIntangible assets
Investments and other assets
Total non-current assets
Total assets

2

As of June 30, 2024

3,736
4,876
1,495
130
735
811
(31)
11,753

5,311
5,995
1,621
132
774
1,543
(31)
15,346

6,712
3,213
2,960
4,438
672
17,998229
665
18,89330,646

6,943
7,989
3,014
528
739
19,215342
649
20,20835,554

(Million yen)
As of March 31, 2024
Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Current portion of long-term borrowings
Income taxes payable
Provision for bonuses
Provision for bonuses for directors (and otherofficers)
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Retirement benefit liability
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
Deferred gains or losses on hedges
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets

3As of June 30, 2024

1,738
1,000
969
601782,167
5,000
1,197
242
38

12－

3,245
7,645

2,893
11,54011,30525
326
11,657
19,303

11,83427
330
12,192
23,733

1,095
1,279
8,584
(0)
10,959

1,095
1,286
8,952
(0)
11,334383
383
11,34230,646486
486
11,82035,554

(2) Quarterly Consolidated Statements of Income and Comprehensive Income(Quarterly Consolidated Statements of Income)For the Three months ended June 30, 2024
(Million yen)Three months ended
June 30, 2023
Revenue
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest and dividend income
Foreign exchange gains
Share of profit of entities accounted for using equity
methodOther
Total non-operating income
Non-operating expenses
Interest expenses
Market change expenses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Total extraordinary losses
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

4

Three months ended
June 30, 2024
9,971
5,727
4,244
2,838
1,406

11,308
6,462
4,846
3,601
1,244

013－
182

3

6
22

15
37

15
24
25
64
1,364

22－
10
33
1,249

0
0

0
0

0
0
1,363
223
192
415
947－
947

77
1,242
211
179
390
851－
851

(Million yen)Three months ended
June 30, 2023
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Total other comprehensive income
Comprehensive incomeComprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests

5

Three months ended
June 30, 2024
947

851

1236
238
1,186－
102
102
954

1,186

954

－－