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.

Consolidated Financial Results
for the Three Months Ended June 30, 2024
[Japanese GAAP]
August 9, 2024
Company name: IMURAYA GROUP CO., LTD.
Listing: Tokyo, Nagoya
Securities code: 2209
URL: https://www.imuraya-group.com/
Representative: Yasuki Onishi, President and Representative Director
Inquiries: Jiro Tominaga, Executive Vice President and Chief Financial Officer
Telephone: 050-1791-2014
Scheduled date to commence dividend payments: Preparation of supplementary material on financial results: None
Holding of financial results briefing: None
(Yen amounts are rounded down to millions, unless otherwise noted.)
1. Consolidated Financial Results for the Three Months Ended June 30, 2024 (April 1, 2024 to June 30, 2024)(1) Consolidated Operating Results(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, 2024
9,918
8.7
7
186
85.1
166
321.5
June 30, 2023
9,121
4.0
(92)
100(69.0)39(82.4)(Note) Comprehensive income:Three months ended June 30, 2024: ¥ 196 million [ 161.2%]
Three months ended June 30, 2023: ¥ 75 million [ (57.9) %]Basic earnings
per share
Three months ended
June 30, 2024
June 30, 2023

Diluted earnings pershare
Yen

Yen

12.70
3.01

-(2) Consolidated Financial Position
Total assets
As ofJune 30, 2024
March 31, 2024
(Reference) Equity:

Millions of yen

Net assetsMillions of yen

38,502
38,090
As of June 30, 2024:¥ 20,779 million
As of March 31, 2024: ¥ 20,985 million

20,79621,005

Capital adequacy ratio
%

54.0
55.1

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2024

-0.00

-

31.00

31.00

Fiscal year ending March 31, 2025-

0.00
(Forecast)(Note) Revision to the forecast for dividends announced most recently: None-31.00

31.00

Fiscal year ending March 31, 2025

Year-endTotal

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2025(April 1, 2024 to March 31, 2025)(Percentages indicate year-on-year changes.)
Profit attributable Basic earnings
Net sales
Operating profit
Ordinary profit
to owners of parent
per share
Millions of yen% Millions of yen% Millions of yen% Millions of yen%

Yen

Six months ending
23,900
4.0
1,150
4.2
September 30, 2024
Full year
49,5002.6
2,600
2.5(Note) Revision to the financial results forecast announced most recently:

1,200(13.0)820(14.0)

62.67

2,700
None(7.0)

1,850(4.2)

141.40* Notes:(1) Significant changes in the scope of consolidation during the period:None(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements:(3) Changes in accounting policies, changes in accounting estimates, and restatement
1) Changes in accounting policies due to revisions to accounting standards and other regulations:
2) Changes in accounting policies due to other reasons: None
3) Changes in accounting estimates: None
4) Restatement: None
(4) Number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
June 30, 2024:
13,086,200 shares
March 31, 2024: 13,086,200 shares
2) Number of treasury shares at the end of the period:
June 30, 2024:
2,428 shares
March 31, 2024: 2,303 shares
3) Average number of shares outstanding during the period:
Three months ended June 30, 2024: 13,083,847 shares
Three months ended June 30, 2023: 13,084,211 shares

NoneNone

Quarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets(Thousands of yen)
As of March 31, 2024
AssetsCurrent assets
Cash and deposits
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
Accumulated depreciation
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, net
Land
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Leased assets
Other
Total intangible assets
Investments and other assets
Investment securities
Retirement benefit asset
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

1

As of June 30, 2024

1,326,715
8,084,740
3,178,595
315,921795,870
726,521(1,450)14,426,915

1,501,668
7,618,488
3,953,611
318,033
849,919722,091(1,393)
14,962,420

20,337,950(11,730,635)
8,607,315
20,318,959(14,991,860)
5,327,098
4,369,858
2,308,933(1,167,396)
1,141,537
19,445,809

20,377,120(11,911,394)
8,465,725
20,400,437(15,290,131)
5,110,306
4,369,858
2,461,756(1,210,178)
1,251,578
19,197,468

110,105
25,351
135,456

100,672
23,718124,391

2,233,321
1,404,321
448,711(4,276)
4,082,078
23,663,344
38,090,260

2,360,631
1,408,852
452,539(4,276)4,217,747
23,539,607
38,502,027

(Thousands of yen)
As of March 31, 2024
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Accounts payable - other
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Provision for officer' retirement benefits
Asset retirement obligations
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
Valuation difference on available-for-salesecurities
Revaluation reserve for land
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

2

As of June 30, 2024

3,075,620
1,911,032
3,700,000
3,527,395
608,005
652,551
927,463
14,402,069

3,172,045
1,831,591
5,450,000
3,036,421
73,441
398,179
1,027,190
14,988,870

68,592
143,2132,470,668
2,682,474
17,084,543

63,186
143,506
2,509,681
2,716,373
17,705,243

2,576,539
3,810,519
11,405,673(5,104)
17,787,628

2,576,539
3,810,519
11,166,172(5,412)
17,547,819

741,415

831,352

1,930,419(68,865)594,532
3,197,501
20,58621,005,716
38,090,260

1,930,419(94,341)
563,9143,231,345
17,61920,796,784
38,502,027

Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the three months)(Thousands of yen)
For the three months
ended June 30, 2023
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit (loss)
Non-operating income
Dividend income
Rental income from buildings
Foreign exchange gains
OtherTotal non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Subsidy income
Compensation income
Other
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss on disposal of inventories
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitLoss attributable to non-controlling interests
Profit attributable to owners of parent

3For the three months
ended June 30, 2024

9,121,862
6,098,410
3,023,451
3,115,909(92,458)

9,918,298
6,608,496
3,309,802
3,302,075
7,726

30,6538,520
142,057
25,936207,167

38,394
8,606
113,373
32,212
192,587

12,862915
13,778100,930

13,193294
13,488186,825

3,698
3,698

42,53359,4293,481
105,44300104,62959,631
8,146
67,77836,850(2,557)39,408301
35,59735,899256,370
48,13344,72392,857
163,512(2,586)
166,099

Quarterly Consolidated Statements of Comprehensive Income (For the three months)(Thousands of yen)
For the three months
ended June 30, 2023
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent
Comprehensive income attributable to non-controllinginterests

4

For the three months
ended June 30, 2024

36,850163,512116,394(63,266)(14,552)
38,57575,42689,937(25,854)(30,618)
33,463
196,976

76,451

199,942(1,025)(2,966)