Summary of Consolidated Financial Results
for the First Quarter of the Fiscal Year Ending May 31, 2023
(From June 1, 2022 to August 31, 2022)[Japanese GAAP]

September 30, 2022

Company Name:ERI Holdings Co., Ltd.
Stock Exchange Listing:Tokyo
Securities Code:6083
URL: https://www.h-eri.co.jp/
Representative:
Toshihiko Umano, President, CEO and COO
For Inquiries, Contact:
Seiichiro Matsumura, Head of Finance and Accounting GroupTEL:(03)5770-1520
Planned Date for Submission of Quarterly Securities Report: September 30, 2022
Planned Starting Date for Dividend Payments:–Supplementary documents for financial results:
Yes
Financial Results briefing:
None(Amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results for the First Quarter of the Fiscal Year Ending May 31, 2023 (June 1, 2022 – August 31, 2022)(1) Consolidated Financial Results (Cumulative)(% indicates year-on-year change)
Net Sales

Operating Profit

Profit Attributable toOwners of Parent

Ordinary Profit

million yen%

million yen%

million yen%

million yen%

FY 5/2023 Q1

4,063

7.547433.4482

22.8276

11.6

FY 5/2022 Q1

3,779

11.2355–

392–

247–

(Note) Comprehensive Income

FY 5/2023 Q1: 277 million yen (11.1%)

FY 5/2022 Q1: 250 million yen (–)

DilutedProfit per ShareProfit per Shareyenyen

FY 5/2023 Q1

35.30–

FY 5/2022 Q1

31.64–(2) Consolidated Financial Position
Net Assets

Total Assets

Shareholders’ Equity Ratio

million yen

million yen%

FY 5/2023 Q1

9,357

4,100

43.4

FY 5/2022

8,574

4,024

46.5

(Reference) Shareholders’ Equity

FY 5/2023 Q1: 4,064 million yen

FY 5/2022: 3,983 million yen

2. Dividends
Dividends per Share
End of Q1

End of Q2

End of Q3

Fiscal Year EndAnnualyenyenyenyenyen

FY 5/2022

–

15.00

–

25.00

40.00

FY 5/2023

–
20.00

–

20.00

40.00

FY 5/2023(Forecast)(Note) Revisions to dividend forecasts published most recently: None

3. Consolidated Financial Forecasts for the Fiscal Year Ending May 31, 2023 (June 1, 2022– May 31, 2023)(% indicates year-on-year change)

Net Sales
FY 5/2023

Operating Profit

Profit Attributable toOwners of Parent

Ordinary Profit

Profitper Sharemillion yen%million yen%million yen%million yen%

Yen

16,069(0.5)

1,673(13.1)

1,682(15.3)

1,106(9.9)

141.26(Note) Revisions to performance forecasts published most recently: None

* Notes(1) Changes in significant subsidiaries during the term under review (changes in subsidiaries via share exchange causing a change
in the scope of consolidation): None
(2) Adoption of accounting treatment unique to the preparation of quarterly consolidated financial statements: None
(3) Accounting policies, changes in accounting estimates and errors(i) Changes in accounting policies associated with the revision of accounting standards, etc.:(ii) Changes in accounting policies other than (i):(iii) Changes in accounting estimates:(iv) Restatements:(4) Number of shares issued (common stock)(i) Shares Outstanding (incl. treasury stock):(ii)

Treasury Stock:(iii) Average Number of Shares Outstanding

FY 5/2023 Q1
FY 5/2022
FY 5/2023 Q1
FY 5/2022
FY 5/2022 Q1
FY 5/2021 Q1

None
None
None
None

7,832,400 shares
7,832,400 shares
182 shares
122 shares
7,832,230 shares
7,832,315 shares* This report is not subject to audit by certified public accountant or audit firm.
* Cautionary statement with respect to forward-looking statements, and other information.
The performance projections in this report are based on information currently available and significantly include uncertainty.
Actual result may differ materially from these projections due to various factors.

Summary of Financial Results for First Quarter of the Fiscal Year Ending May 31, 2023
ERI Holdings Co., Ltd. (Securities Code 6083)

Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheet(Unit: thousand yen)Previous fiscal year
(As of May 31, 2022)
AssetsCurrent assets
Cash and deposits
Accounts receivable-trade and contract assets
Work in process
Other
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Guarantee deposits
Deferred tax assets
Other
Total investments and other assets
Total non-current assets
Total assets

The first quarter ofthe reporting fiscal year
(As of August 31, 2022)

4,910,038
1,061,643
248,110
264,355
6,484,149

5,208,349
1,134,824
260,965
519,716
7,123,856

479,423731,293

357,136
297,750
654,886

429,141
286,393
715,534

1,026
461,870
470,661
22,895
956,454
2,090,764
8,574,913

999
467,296
288,846
29,367
786,5092,233,337
9,357,194

Summary of Financial Results for First Quarter of the Fiscal Year Ending May 31, 2023
ERI Holdings Co., Ltd. (Securities Code 6083)(Unit: thousand yen)

The first quarter ofthe reporting fiscal year
(As of August 31, 2022)

Previous fiscal year
(As of May 31, 2022)
Liabilities
Current liabilities
Short-term borrowings
Current portion of long-term borrowings
Accounts payable - otherAccrued expenses
Income taxes payable
Contract liabilities
Lease obligations
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Retirement benefit liability
Long-term accounts payable - other
Deferred tax liabilities
Lease 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
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

137,100
253,515
1,153,991
715,255
810,181
34,437
250,453
3,354,934

300,000
139,165294,779
687,252
59,345
973,169
36,534
469,750
2,959,997

851,225
58,292
189,307619
43,492
52,045
1,194,983
4,549,918

1,864,540
63,547
247,662
27,89940,73952,0452,296,434
5,256,432

992,784
42,236
2,948,718(127)
3,983,611

992,784
42,236
3,029,404(219)
4,064,205-(17)

41,383
4,024,995
8,574,913(17)
36,573
4,100,762
9,357,194

Summary of Financial Results for First Quarter of the Fiscal Year Ending May 31, 2023
ERI Holdings Co., Ltd. (Securities Code 6083)(2) Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statement of Income

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income of insuranceCommission income
Rent revenueSurrender value of insurance policies
Subsidy income
Miscellaneous income
Total non-operating income
Non-operating expenses
Interest expenses
Miscellaneous losses
Total non-operating expenses
Ordinary profit
Extraordinary losses
Retirement benefits for officers
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(Unit: thousand yen)

The first quarter ofthe previous fiscal year
(From June 1, 2021
to August 31, 2021)
3,779,651
2,561,631
1,218,019
862,266
355,753

The first quarter ofthe reporting fiscal year
(From June 1, 2022
to August 31, 2022)
4,063,151
2,596,021
1,467,129
992,480
474,649

25
4,694
341
1,679
25,911
5,779
918
39,349

134
7,185
303
666
1,660
674
10,625

2,143
37
2,181
392,922

2,391
407
2,798
482,475

392,92253,678
89,112
142,790
250,1312,282
247,849554
554
481,921
16,996
187,047
204,043
277,877
1,384
276,493

Summary of Financial Results for First Quarter of the Fiscal Year Ending May 31, 2023
ERI Holdings Co., Ltd. (Securities Code 6083)

Quarterly Consolidated Statement of Comprehensive Income

ProfitOther comprehensive income
Valuation difference on available-for-salesecurities
Total other comprehensive income
Comprehensive income
Comprehensive income attributable to:Comprehensive income attributable toowners of parent
Comprehensive income attributable tonon-controlling interests(Unit: thousand yen)

The first quarter ofthe previous fiscal year
(From June 1, 2021
to August 31, 2021)
250,131

The first quarter ofthe reporting fiscal year
(From June 1, 2022
to August 31, 2022)
277,877

10(17)

10
250,141(17)
277,860

247,859

276,476

2,282

1,383