Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2024
(Under IFRS)
Listed company:
Code No.:

Geniee Inc.
6562

Representative:(Title/post)

Contact liaison:(Title/post)

August 10, 2023
Listed stock exchange: TSE
URL https://en.geniee.co.jp
Representative Director,
President & CEO
Senior Executive Officer (CFO)and Head of Investment
Strategy Dept.

(Name) Tomoaki Kudo

Schedule date of first quarter
August 10, 2023
report submission:
Preparation of supplementarymaterial on financial results:Yes
Holding of financial results briefing: Yes(for institutional investors and analysts)(Name) Jun Kikukawa

TEL: +81-3-5909-8177

Schedule date to commence
dividend payments:―(amounts below one million yen rounded off)
1. Consolidated earnings for the first quarter of FY2023(April 1, 2023 to June 30, 2023)(1) Consolidated operating results
Net sales

Gross profit

Operating income

Income before
income taxes

Net income

millionyen%

millionyen%

millionyen%

millionyen

1Q FY2023

1,795

22.3

1,372

17.2

107

△43.75△97.6

2

1Q FY2022

1,468-1,171-

191-218-175

Net income per share
1Q FY2023
1Q FY2022%

million
yen%
△98.
6-

(% indicates YoY change)
Total
comprehensive
incomemillionmillion%%yen
yen

Net income
attributable toowners of the parent

1

△
99.4

791

267.
9177-

215

-

Diluted net income per share
Yen

Yen

0.06

0.06

10.05

10.04

(2) Status of consolidated finances

million yen

million yen

million yen

Ratio of equity
attributable to owners of
the parent to total assets%

18,165

5,837

5,797

31.9

17,855

5,033

4,99428.0Total assets

1Q FY2023
FY2022Equity attributable toowners of the parent

Total equity

2. Status of dividends
Total annual dividends

FY2022
FY2023
FY2023(forecast)End of 1Q

End of 2Q

End of 3Q

Year-end

Yen

Yen

Yen

Yen

Total
Yen

－

0.00

－

0.00

0.00

0.00

－

0.00

0.00

－－1－

3. Consolidated earnings forecast for FY2023 (April 1, 2023 to March 31, 2024)
Revenue

FY2023Gross profit(% indicates YoY change)

Operating Income

Income before
income taxes

Net income

Net income
attributable toowners of theparent

Basicearnings
per share

millionyen%

millionyen%

millionyen%

millionyen%

millionyen%

million
yen%

(Yen)

9,600

48.7

7,800

51.7

2,000

△18.6

1,900△
16.6

1,500△
28.9

1,500△
29.1

84.78(Note) Revision of earnings forecast from the most recently announced forecast: None.

*Notes(1) Movement of important subsidiaries during consolidated cumulative quarter under review (movements of designatedsubsidiaries incidental to change in scope of consolidation): None.

(2) Changes in accounting principles, changes in accounting estimates, and restatements
1) Change in accounting principles incidental to revisions to accounting standards, etc.:Yes
2) Changes in accounting principles other than 1): None
3) Changes in accounting estimates: None

(3) Number of issued shares (common stock)1) Number of shares issued at end of fiscal
year (including treasury stock)

1Q FY2023

2) Treasury stock as of end of term

1Q FY2023

3) Average number of shares during fiscal
year (cumulative quarter)

1Q FY2023

18,051,200
365,276
17,683,831

shares

FY2022shares

FY2022shares1Q FY2022

18,048,200
365,276
17,717,680

sharessharesshares*The quarterly earnings summary is not subject to quarterly review by the public certified accountant or auditing firm.
*Explanation concerning appropriate use of earnings forecasts and other special notes(Cautionary statement regarding forward-looking statements)
Earnings forecasts and other forward-looking statements indicated in these materials, are based on information available andcertain assumptions deemed reasonable at the time. Statements in these materials do not constitute any guarantee of actualperformance. Actual business results may differ substantially due to several factors.
(Method of obtaining notes on quarterly financial statements)
Notes on quarterly financial statements will be published to our website on August 10, 2023.

－2－Consolidated Financial Statements
Consolidated Statements of Financial Position

AssetsCurrent assets
Cash and cash equivalents
Trade and other receivables
Inventories
Other financial assets
Other current assets
Total current assets
Non-current assets
Property, plant and equipment
Right of use asset
GoodwillIntangible assets
Other financial assets
Deferred tax assets
Other non-current assets
Total non-current assets
Total assets

Liabilities
Current liabilities
Trade and other payables
Borrowings
Lease liabilities
Income tax payable
Other current liabilities
Total current liabilities
Non-current liabilities
Borrowings
Lease liabilities
Provisions
Other financial liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities
EquityShareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Other components of equity
Equity attributable to owners of the parent
Non-controlling interestsTotal equity
Total liabilities and equity－3－

As of March 31, 2023

(Thousands of yen)
As of June 30, 2023

2,875,883
2,446,381
1,012
6,606
341,633
5,671,516

2,317,986
2,522,434
1,289
7,199
453,997
5,302,906

471,006
502,184
9,423,377
1,183,418
479,582
99,432
24,636
12,183,637
17,855,154

461,273430,862
10,092,389
1,252,237
478,473
116,697
30,706
12,862,640
18,165,546

As of March 31, 2023

(Thousands of yen)
As of June 30, 2023

1,828,382
7,255,607
356,602136,264
751,307
10,328,164

1,704,609
7,215,806
344,523
93,797
624,857
9,983,593

1,102,048
177,790
178,167
1,020,927
14,8882,493,821
12,821,986

930,853
119,065
178,453
1,100,291
16,1852,344,849
12,328,443

1,549,591
1,145,229
2,545,093(329,828)
84,765
4,994,852
38,316
5,033,168
17,855,154

1,550,941
1,155,939
2,546,172(329,828)
873,836
5,797,062
40,0405,837,103
18,165,546

Consolidated Statements of Income
For the fiscal year
ended June 30, 2022
1,468,356(Thousands of yen)
For the fiscal year
ended June 30, 2023
1,795,670

Cost of sales

296,809422,906

Gross profit

1,171,546

1,372,763

905,581

1,266,098

Other income

176

3,314

Other expenses

75,086

2,485

Operating profit

191,053

107,494

Financial income

38,172

18,338Financial expense

10,290120,548

Income before income taxes

218,935

5,284

Income taxes

43,801

2,852

Net income

175,134

2,431

Owners of the parent

177,975

1,079

Non-controlling interests(2,840)

1,352

Net income

175,134

2,431

Basic (Yen)

10.05

0.06

Diluted (Yen)

10.04

0.06

Revenue

Selling, general and administrative expenses

Net income attributable to:Interim earnings per share－4－

Consolidated statements of cash flows(Thousands of yen)
For the fiscal year
ended June 30, 2022

For the fiscal year
ended June 30, 2023

Cash flows from operating activities
Profit before income taxes

218,935

5,284

Depreciation and amortization

139,534

176,009

Financial income△38,463△18,338

Financial expense
Decrease (increase) in trade and other receivables

7,668

120,548

109,520△151,212

△538

△276

135,490△70,300

Others4,139△194,771

Subtotal

576,286△133,057

Decrease (increase) in inventories
Increase (decrease) in trade and other receivables

Interest and dividends received

01,607△6,939△23,285

Income taxes paid

△177,703△81,978

Net cash provided by (used in) operating activities

391,643△236,713△741△1,680－16,386△152,209△162,221－△227

Interest paid

Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sale of intangible assets
Purchase of intangible assets
Net decrease (increase) in short-term loans receivable
Proceeds from sale of investment securities
Payments of leasehold and guarantee deposits
OthersNet cash provided by (used in) investing activities－41,247△29,036△28,82747

1,151△181,940△134,172－

2,700△175,200△27,300

Cash flows from financing activities
Proceeds from issuance of shares
Net increase (decrease) in short-term loans payable
Proceeds from long-term borrowings

200,000－

Repayments of long-term borrowings△102,777△183,696

Repayments of lease obligations△63,227△78,799

Purchase of treasury shares△14,736－

Net cash provided by (used in) financing activities△155,940△287,095

Effect of exchange rate change on cash and cash equivalents

51,242100,085

Net increase (decrease) in cash and cash equivalents

105,004△557,896

Cash and cash equivalents at beginning of period

1,476,761

2,875,883

Cash and cash equivalents at end of period

1,581,766

2,317,986－

5－