Consolidated Financial Results for the Second Quarter Ended September 30, 2022
Asahi Holdings, Inc. [IFRS]October 27, 2022

Stock code:
Shares listed:

5857
Tokyo Stock Exchange - Prime Market

URL:
Representative:

https://www.asahiholdings.com/english
Tomoya Higashiura, Representative Director, President & CEO

For further information please contact:

Kunihiko Chogo, General Manager, Corporate Planning &Communications Department

Filing date of Quarterly Report:(Phone) +81–3–6270–1833
November 11, 2022

Start of dividend payment:
Supplementary materials for the financial results:

November 18, 2022
Yes

Investor conference for the financial results:

Yes (for institutional investors, analysts)(Rounded down to the nearest million yen)
1. Results of the six months ended September 30, 2022 (From April 1, 2022 to September 30, 2022)(1) Results of operations (cumulative)(Percentage: Changes relative to corresponding previous period)
OperatingprofitRevenue
The six months ended
September 30, 2022
September 30, 2021

Millions of yen

132,653
96,861%Millions of yen

37.0 11,493
22.4 13,698

Profit before
tax%

Basic earnings per share
The six months ended
September 30, 2022
September 30, 2021

Millions of yen(16.1) 10,241
15.8 13,642

Profitattributable toowners of parent

Profit% Millions of yen(24.9) 7,293
14.9 9,653%

Millions of yen(24.4) 7,293
17.3 9,653

%

Total
comprehensive
incomeMillions of yen

Diluted earnings per share

Yen
93.30
122.62

Yen
84.63
110.14(2) Financial Position

As of
September 30, 2022
March 31, 2022

Total assets

Total equity

Equity attributable toowners of parent

Equity attributable toowners of parent ratio

Millions of yen
285,607298,387

Millions of yen
108,094
105,137

Millions of yen
108,094
105,137

37.8
35.2

%

2. Dividend payments
Dividends per share

Year ended March 31, 2022
Year ending March 31, 2023
Year ending March 31, 2023
(Forecast)First quarter

Second quarter

Third quarter

Year-end

Annual

Yen

Yen

Yen

Yen

Yen

–
–

45.00
45.00

–

45.00

90.00

–

45.00

90.00

(Note) Revisions in dividend forecast in the current quarter: No%(24.4) 10,523 (28.1)
17.3 14,627 123.4

3. Forecast (From April 1, 2022 to March 31, 2023)

OperatingprofitRevenue
Millions of yen

Year ending March 31, 2023 270,000(Percentage: Changes relative to corresponding previous period)% Millions of yen

40.3

24,000

Profit beforetax% Millions of yen(9.3) 22,600

Profitattributable toowners of parent% Millions of yen(14.3) 15,600%(16.7)

Basic earnings
per share
Yen

201.52(Note) Revisions in forecast in the current quarter: Yes* Notes(1)
Changes in significant subsidiaries during the period: No(2)

Changes in accounting policies and accounting estimates(i) Changes in accounting policies required by IFRS: No(ii) Changes other than (i) above: No(iii) Changes in accounting estimates: No(3)

Number of issued shares (common stock)(i) Number of issued shares at the quarter end (including treasury stock)
As of September 30, 2022

79,708,688 shares

As of March 31, 2022

79,708,688 shares(ii) Number of treasury stock at the quarter end
As of September 30, 2022

3,065,437 shares

As of March 31, 2022

1,065,437 shares(iii) Averaged number of shares during the period (quarterly cumulative period)
Six months ended September 30, 2022

78,173,306 shares

Six months ended September 30, 2021

78,723,561 shares* The quarterly financial statements are not subject to quarterly reviews by accounting auditors.
* Statement regarding the proper use of financial forecasts and other special remarks(Notes on forward looking statements, etc.)
These forecast performance figures are based on the information currently available to the Company’s
management and certain assumptions judged rational. Accordingly, there might be cases in which actual resultsmaterially differ from forecasts of this report. Please refer to page 3 “1. Qualitative Information (3) Consolidated
Performance Forecasts” for the assumptions used and other notes.

【Appendix】

Table of contents of the appendix

1. Qualitative Information .................................................................................................................................................. 2(1) Consolidated Business Performance ......................................................................................................................... 2(2) Consolidated Financial Position and Cash Flows for the Six Months Ended September 30, 2022 ........................ 2(3) Consolidated Performance Forecasts......................................................................................................................... 3
2. Condensed Consolidated Financial Statements ............................................................................................................ 4(1) Condensed Consolidated Statements of Financial Position ..................................................................................... 4(2) Condensed Consolidated Statements of Income for the Six Months Ended September 30, 2022 .......................... 6(3) Condensed Consolidated Statements of Comprehensive Income for the Six Months Ended September 30, 2022 7(4) Condensed Consolidated Statements of Changes in Equity..................................................................................... 8(5) Condensed Consolidated Statements of Cash Flows .............................................................................................. 10(6) Notes on Assumptions for Going Concern ............................................................................................................... 11(7) Notes on Condensed Consolidated Financial Statements ...................................................................................... 11
1. Reporting entity ..................................................................................................................................................... 11
2. Basis of preparation ............................................................................................................................................... 11
3. Significant accounting policies .............................................................................................................................. 11
4. Significant accounting estimates and associated judgements ............................................................................. 11
5. Segment information ............................................................................................................................................. 12
6. Subsequent events ................................................................................................................................................. 13－ 1 －1. Qualitative Information(1) Consolidated Business Performance
The Japanese economy generally showed signs of a mild recovery during the six months ended September
30, 2022. On the other hand, the yen has weakened due to monetary tightening mainly in Europe and the US,
while prices of fuels, raw materials, and other commodities have continued to rise, increasing concerns aboutan economic slowdown. Under these conditions, the Group’s results in each business segment were as follows.
Precious Metals businessIn the precious metals recycling business, although the volume of precious metals collected and sales
increased significantly mainly in the jewelry sector, the volume of precious metals collected from the dental
and catalyst sectors decreased, and there was an increase in temporary costs due to the start-up of the newplant in Ibaraki Prefecture. In the precious metals refining business in North America, processing and sales
volume of products utilizing metals were strong. As a result of the above, this segment reported an increase inrevenue and decrease in profit from the same period of the previous fiscal year.
Environmental Preservation businessIn line with the recovery in the domestic industrial production activities, the volume of industrial waste
handled by the Group increased as sales activities were strengthened in all business sectors. In addition, highutilization rates were maintained throughout the various treatment facilities. As a result of the above, thissegment reported an increase in revenue and profit from the same period of the previous fiscal year.
At the same time, Fuji Medical Instruments MFG. Co., Ltd., an equity-method affiliate of the Company,
incurred a loss from damages based on a judgment in a patent infringement lawsuit filed by Family Inada
Co., Ltd. In addition, when the Company and Johnson Health Tech, Co., Ltd. entered into a share transfer
agreement on December 20, 2019 regarding shares of Fuji Medical Instruments MFG. Co., Ltd., it was agreed
that the Company would bear a portion of this compensation for damages, and the Company recorded
expenses based on the amount for which it bore responsibility under the agreement. As a result of thesefactors, profit at all levels declined.
As a result of the above, revenue during the six months ended September 30, 2022 was 132,653 million yen,a year-on-year increase of 35,792 million yen (+37.0 percent). Operating profit was 11,493 million yen, a yearon-year decrease of 2,205 million yen (-16.1 percent). Profit before tax was 10,241 million yen, a year-on-year
decrease of 3,401 million yen (-24.9 percent). Profit was 7,293 million yen, a year-on-year decrease of 2,360
million yen (-24.4 percent). Profit attributable to owners of parent for the period was therefore 7,293 million
yen, a decrease of 2,360 million yen (-24.4 percent) year-on-year. By segment, revenue in the Precious Metals
business was 123,895 million yen, a year-on-year increase of 35,673 million yen (+40.4 percent). In theEnvironmental Preservation business, revenue was 8,757 million yen, a year-on-year increase of 118 million
yen (+1.4 percent).

(2) Consolidated Financial Position and Cash Flows for the Six Months Ended September 30, 2022
As of September 30, 2022, total assets amounted to 285,607 million yen, down 12,779 million yen from theprevious fiscal year end. This was mainly due to an increase of 4,016 million yen in cash and cash equivalents,
an increase of 5,979 million yen in inventories, an increase of 6,509 million yen in other current assets, adecrease of 24,493 million yen in trade and other receivables and a decrease of 3,596 million yen in income tax
receivables.
Total liabilities amounted to 177,513 million yen, down 15,736 million yen from the previous fiscal year end.
This was due mainly to a decrease of 6,740 million yen in trade and other payables and a decrease of 8,298
million yen in bonds and loans payable.
Total equity amounted to 108,094 million yen, up 2,956 million yen from the previous fiscal year end. Thiswas due mainly to an increase of 10,523 million yen in comprehensive income, purchase of treasury stock of
4,106 million yen and a decrease of 3,538 million yen used for dividends.
As a result, the equity attributable to owners of parent ratio changed to 37.8%, from 35.2% at the end of theprevious fiscal year.

－ 2 －Net cash provided by operating activities amounted to 4,474 million yen due mainly to 10,241 million yen of
profit before tax, 1,601 million yen of depreciation and amortization, 6,003 million yen of increase ininventories, 34,808 million yen of decrease in trade and other receivables, 34,287 million yen of decrease intrade, loans and other payables, 4,199 million yen of income taxes paid and 4,146 million yen of income taxes
refunded.
Net cash provided by investing activities amounted to 46 million yen due mainly to 2,202 million yen ofpurchase of property, plant and equipment and 1,371 million yen of proceeds from sales of shares ofsubsidiaries.
Net cash used in financing activities amounted to 2,100 million yen due mainly to 5,727 million yen of net
increase in short-term loans payable, 4,106 million yen of purchase of treasury stock and 3,543 million yen of
cash dividends paid.
As a result, cash and cash equivalents as of September 30, 2022 increased 4,016 million yen from March 31,
2022, to 10,143 million yen.

(3) Consolidated Performance Forecasts
The consolidated financial forecast for the year ending March 31, 2023, as announced on April 27, 2022, hasbeen revised as follows. For details, please refer to the “Notice of Difference between Financial Forecast andActual Financial Results for the Six Months Ended September 30, 2022 and Revision to Financial Forecast for
the Year Ending March 31, 2023” released today (October 27, 2022).
Revisions of the consolidated financial forecast for the year ending March 31, 2023
(April 1, 2022 to March 31, 2023)
Revenue

OperatingprofitProfit before
tax

Profitattributable toowners of parent

Basic earnings
per share
Yen

Millions of yen

Millions of yen

Millions of yen

Millions of yen

Previous forecast (A)200,000

24,00023,50016,000203.45

Revised forecast (B)270,000

24,00022,60015,600201.52

Change (B-A)

70,000

–

(900)

(400)

–

35.0

–

(3.8)

(2.5)

–

192,442

26,446

26,372

18,735

Change (%)(Ref.)
Results for the previous FY(FY ended March 31, 2022)－ 3 －238.112. Condensed Consolidated Financial Statements(1) Condensed Consolidated Statements of Financial Position
As ofMarch 31,
2022

As of
September 30,
2022

Millions of yen

Millions of yen

ASSETS
Current assets
Cash and cash equivalents
Trade and other receivables

6,127
151,437

10,143
126,943

Inventories
Income tax receivables

63,398
3,958

69,377362

Other financial assets
Other current assets

129
16,727

1,369
23,236

Total current assets

241,778

231,432

Non-current assets
Property, plant and equipment

43,74843,827

Goodwill
Intangible assets

1,040
712

1,003
988

Investments accounted for using equity method
Deferred tax assets

3,657
6,262

2,868
4,377

229
859

284
748

Net defined benefit asset
Financial assets
Other non-current assets

98

77

Total non-current assets

56,60954,175

298,387285,607

Total assets－ 4 －As ofMarch 31,
2022

As of
September 30,
2022

Millions of yen

Millions of yen

LIABILITIES and EQUITY
Liabilities
Current liabilities
Trade and other payables
Loans payable

27,711
108,263

20,971
93,957

Income tax payable
Other financial liabilities

950
5,613

2,461
3,500

Provisions
Other current liabilities

1,608
4,479

1,320
3,960

Total current liabilities

148,626

126,171

Non-current liabilities
Bonds and loans payable

42,663

48,670

Deferred tax liabilities
Net defined benefit liability

576
93

304
102

Other financial liabilities
Other non-current liabilities

1,289
–

2,235
27

Total non-current liabilities

44,62351,342

Total liabilities
Equity193,250

177,513

Capital stock
Capital surplus

7,790
11,955

7,790
12,033

Treasury stock
Retained earnings(1,819)92,353(5,925)
96,130

Other components of equity(5,142)(1,934)

Total equity attributable to owners of parent

105,137

108,094

Total equity

105,137

108,094

298,387285,607

Total liabilities and equity－ 5 －(2) Condensed Consolidated Statements of Income for the Six Months Ended September 30, 2022
The six months
ended September 30,
2021

The six months
ended September 30,
2022

Millions of yen

Millions of yen

Revenue
Cost of sales

96,861(79,085)

132,653(116,521)

Gross profit

17,775

16,131

Selling, general and administrative expenses
Other operating income(4,009)46(4,005)
68

(189)

(56)

74

(644)

Operating profit

13,698

11,493Finance income
Finance costs

112
(379)

965
(1,143)

Other non-operating income
Other non-operating expenses

210
–

425
(1,498)

Profit before tax

13,642

10,241

Income tax expenses(3,988)(2,947)

Profit

9,653

7,293

Owners of parent
Non-controlling interests

9,653
–

7,293
–

Profit

9,653

7,293

122.6293.30

110.14

84.63

Other operating expenses
Share of profit (loss) of investments accounted forusing equity method

Profit attributable to:Earnings per share
Basic earnings per share (Yen)
Diluted earnings per share (Yen)－ 6 －(3) Condensed Consolidated Statements of Comprehensive Income for the Six Months Ended
September 30, 2022
The six months
ended September 30,
2021

The six months
ended September 30,
2022

Millions of yen

Millions of yen

Profit

9,653

7,293

(0)

(0)

Other comprehensive income
Items that will not be reclassified to profit or loss
Financial assets measured at fair value
through other comprehensive income
Remeasurements of defined benefit plans

39

22

Share of other comprehensive income ofinvestments accounted for using equity method

(2)

(0)

Total items that will not be reclassified to profit
or loss

36

22

4,921
16

1,417
1,789

4,937

3,207

4,973

3,230

14,627

10,523

Owners of parent
Non-controlling interests

14,627–

10,523–Comprehensive income

14,627

10,523

Items that may be reclassified to profit or loss
Cash flow hedges
Translation adjustments of foreign operations
Total items that may be reclassified to profit orloss
Other comprehensive income, net of tax
Comprehensive income
Comprehensive income attributable to:－ 7 －(4) Condensed Consolidated Statements of Changes in Equity(Millions of yen)
Equity attributable to owners of parent
Other components ofequityCapitalTreasury
Retained
Translation
surplusstockearnings
adjustments
Cash flowof foreign
hedgesCapitalstock

operations

Balance at April 1, 2021
ProfitOther comprehensive
incomeTotal comprehensive
incomePurchase of treasury stock
Disposal of treasury stock
Dividends
Reclassified from othercomponents of equity toretained earnings
Share-based paymenttransactions
Total transactions withownersBalance at September 30,
2021

7,790
–

11,952–(957)–

80,604
9,653(2,944)
–

1,454
–

–

–

–

–

16

4,921

–

–

–

9,653

16

4,921

–
–
–

–
258
–

(1,785)214–––(3,541)

–
–
–

–
–
–

–

–

–

39

–

–

–

(255)

708

–

–

–

–

2

(862)

(3,501)

–

–

7,790

11,955(1,819)86,755(2,927)

6,375(Millions of yen)
Equity attributable to owners of parent
Other components of equity
Financial
Remeasureassets
measured atments offair value
definedthrough otherbenefitcomprehenplans
sive income

Balance at April 1, 2021
ProfitOther comprehensive
incomeTotal comprehensive
incomePurchase of treasury stock
Disposal of treasury stock
Dividends
Reclassified from othercomponents of equity toretained earnings
Share-based paymenttransactions
Total transactions withownersBalance at September 30,
2021

Total

Total

Total equity

3
–

–
–

(1,486)–

97,903
9,653

97,903
9,653

(3)

39

4,973

4,973

4,973

(3)

39

4,973

14,627

14,627

–
–
–

–
–
–

–
–
–

(1,785)472(3,541)(1,785)472(3,541)

–

(39)

(39)

–

–

–

–

–

452

452

–

(39)

(39)

(4,400)(4,400)

(0)

–

3,447

108,130

108,130－ 8 －(Millions of yen)
Equity attributable to owners of parent
Other components ofequityCapitalTreasury
Retained
Translation
surplusstockearnings
adjustments
Cash flowof foreign
hedgesCapitalstock

operations

Balance at April 1, 2022
ProfitOther comprehensive
incomeTotal comprehensive
incomePurchase of treasury stock
Dividends
Changes due to loss ofcontrol of subsidiaries
Reclassified from othercomponents of equity toretained earnings
Share-based paymenttransactions
Total transactions withownersBalance at September 30,
2022

7,790
–

11,955–(1,819)–92,353
7,293(1,390)–(3,748)
–

–

–

–

–

1,789

1,417

–

–

–

7,293

1,789

1,417

–
–

–
–

(4,106)––(3,538)

–
–

–
–

–

–

–

–

–

–

–

–

–

22

–

–

–

77

–

–

–

–

–

77

(4,106)(3,516)

–

–

7,790

12,033(5,925)

96,130399(2,330)(Millions of yen)
Equity attributable to owners of parent
Other components of equity
Financial
Remeasureassets
measured atments offair value
definedthrough otherbenefitcomprehenplans
sive income

Balance at April 1, 2022
ProfitOther comprehensive
incomeTotal comprehensive
incomePurchase of treasury stock
Dividends
Changes due to loss ofcontrol of subsidiaries
Reclassified from othercomponents of equity toretained earnings
Share-based paymenttransactions
Total transactions withownersBalance at September 30,
2022

Total

Total

Total equity

(3)
–

–
–

(5,142)–

105,137
7,293

105,137
7,293

(0)

22

3,230

3,230

3,230

(0)

22

3,230

10,523

10,523

–
–

–
–

–
–

(4,106)(3,538)(4,106)(3,538)

0

–

0

0

0

–

(22)

(22)

–

–

–

–

–

77

77

0

(22)

(22)

(7,566)(7,566)(3)–(1,934)

108,094

108,094－ 9 －(5) Condensed Consolidated Statements of Cash FlowsThe six months
ended September
30, 2021

The six months
ended September
30, 2022

Millions of yen

Millions of yen

13,642
1,306

10,241
1,601

Impairment loss
Finance income and finance cost

18
485

0
2,684

Other non-operating income and expenses
Share of loss (profit) of investments accounted for using equity

(210)

(425)

(74)

644

4,609

(6,003)(14,199)
5,431

34,808(34,287)

Cash provided by (used in) operating activities
Profit before tax
Depreciation and amortization

methodDecrease (increase) in inventories
Decrease (increase) in trade and other receivables
Increase (decrease) in trade, loans and other payables
Other, net(425)(4,849)10,583

4,415

101
(21)

170
(58)

Income taxes paid
Income taxes refunded(7,355)
2,693(4,199)4,146

Net cash provided by (used in) operating activities

SubtotalInterest and dividend income received
Interest expenses paid

6,001

4,474

Cash provided by (used in) investing activities
Payments into time deposits

(96)

(100)

Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment

145(3,366)50(2,202)

Proceeds from sales of property, plant and equipment
Purchase of intangible assets

14
(188)

17
(277)

Proceeds from sales of shares of subsidiaries
Other, net

–
687

1,371
1,187

Net cash provided by (used in) investing activities
Cash provided by (used in) financing activities(2,804)46

Net increase (decrease) in short-term loans payable
Proceeds from long-term loans payable(12,235)
12,783

5,727–

Proceeds from sales of treasury stock
Purchase of treasury stock

172(1,785)–(4,106)

Cash dividends paid
Other, net(3,539)(159)(3,543)(178)(4,762)683(2,100)
1,595

Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents

(881)

4,016

Cash and cash equivalents at beginning of period

10,023

6,127

Cash and cash equivalents at end of period

9,141

10,143－ 10 －

(6) Notes on Assumptions for Going Concern
Not applicable(7) Notes on Condensed Consolidated Financial Statements
1. Reporting entity
Asahi Holdings, Inc. (hereinafter the “Company”) is a company located in Japan. The Company’s condensed
consolidated financial statements for the six months ended September 30, 2022 comprise the Company andits subsidiaries (hereinafter the “Group”) as well as the interests in its affiliated companies.
For the main activities of the Group, please refer to Note “5. Segment information.”

2. Basis of preparation(1) Statement of compliance with IFRSThe condensed consolidated financial statements of the Group have been prepared based on IAS 34“Interim Financial Reporting.”
Having met the requirements for a Specified Company Complying with Designated International
Accounting Standards, as prescribed in Article 1-2 of the Regulation on the Terminology, Forms, andPreparation Methods of Quarterly Consolidated Financial Statements (Cabinet Office Order No. 64 of
2007), the Group adopts the provisions of Article 93 of the aforementioned rules.
(2) Basis of measurement
The condensed consolidated financial statements of the Group have been prepared based on costs ofacquisition, except for the specified financial instruments that have been measured at fair value.
(3) Functional currency and presentation currency
The condensed consolidated financial statements of the Group are presented in Japanese yen, which isthe functional currency of the Company, and figures less than one million yen are rounded down to thenearest million yen.

3. Significant accounting policies
The significant accounting policies adopted for the condensed consolidated financial statements for the six
months ended September 30, 2022 are the same as those for the consolidated financial statements for the
fiscal year ended March 31, 2022.
The income tax for the six months ended September 30, 2022 was calculated based on the estimated averageannual effective tax rate.

4. Significant accounting estimates and associated judgements
In preparing condensed consolidated financial statements, the management is required to make judgement,
estimates and assumptions that affect the adoption of accounting policies and the amounts of assets, liabilities,
revenues and expenses. Actual results may differ from such estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. The effect of a change inaccounting estimates is recognized in the accounting period in which such change occurs as well as theaccounting periods to be affected in the future.
The judgement, estimates and assumptions made by the management that may have material impacts on
the figures in the condensed consolidated financial statements are the same as those for the consolidated
financial statements for the fiscal year ended March 31, 2022.

－ 11 －

5. Segment information(1) Overview of reporting segments
The Group’s business segments are those Group constituent units for which separate financial
information is obtainable, and which the Board of Directors subjects to regular examination in order todecide the allocation of management resources and evaluate business results.
As a pure holding company, the Company is in charge of overall strategic function for the Group,
whereas operating companies of the Group engage in the precious and rare metals recycling business andthe refining and processing business, industrial waste management and other environmental
preservation business.
Therefore, the Group is composed of product and service segments based on business sectors. The tworeporting segments are the Precious Metals business and the Environmental Preservation business.
Meanwhile, these reporting segments are not aggregated.
The Precious Metals business engages mainly in recycling and selling precious and rare metals such as
gold, silver, palladium, and platinum from scrap containing precious metals, as well as refining andprocessing of precious metals centered on gold and silver.
The main work of the Environmental Preservation business is the collection, transport andintermediate processing of industrial waste.
(2) Segment revenue and performance
Accounting policies of the reporting segments are the same as those of the Group stated in Note “3.
Significant accounting policies.”
Revenue and other performance of each reporting segment of the Group are as follows.
For the six months ended September 30, 2021 (from April 1, 2021 to September 30, 2021)
Reporting segment(Millions of yen)

Precious
MetalsBusiness

Environmental
Preservation
Business

Subtotal

88,221

8,639

96,861

–

–

–

–

Total

88,221

8,639

Operating profit
by business

14,263

1,522

Revenue
External
revenue
Intersegment
revenue

Other

Total

Adjustments

Consolidated

96,861–

96,861––––

96,861–

96,861–

96,861

15,78574

15,859(2,161)

13,698segment
Finance income
Finance costs

112
(379)

Other nonoperating income

210

Profit before tax

13,642(Note)

Adjustments of operating profit by business segment are mainly corporate expenses that are notallocated to each reporting segment.

－ 12 －

For the six months ended September 30, 2022 (from April 1, 2022 to September 30, 2022)
Reporting segment(Millions of yen)

Precious
MetalsBusiness

Environmental
Preservation
Business

Subtotal

123,895

8,757

132,653

0

–

–

–

123,895

8,757

11,719

2,108

Other

Total

Adjustments

Consolidated

132,653–

132,653

–

–

–

–

132,653

0

132,653–

132,653

13,828(720)

13,108(1,614)

11,493

Revenue
External
revenue
Intersegment
revenue
Total
Operating profit
by businesssegment
Finance income

965

Finance costs
Other non-

(1,143)425

operating income
Other nonoperating
expenses(1,498)

Profit before tax

10,241(Note)

Adjustments of operating profit by business segment are mainly corporate expenses that are notallocated to each reporting segment.

6. Subsequent events
Not applicable－ 13 －