Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Nine Months Ended July 31, 2024
(Based on Japanese GAAP)
September 5, 2024
Company name:First Juken Co., Ltd.
Stock exchange listing: Tokyo
Stock code:
Representative:

8917
URL https://www.f-juken.co.jp/
Representative Director, President
Yuji Nakajima

Inquiries:Director,
Head of Management Department

Hidehiko Higashi

Scheduled date to commence dividend payments:
Preparation of supplementary material on financial results:–No

Holding of financial results meeting:

NoTEL

06-4868-5388(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the nine months ended July 31, 2024 (from November 1, 2023 to July 31, 2024)(1) Consolidated operating results (cumulative)

Nine months ended July 31, 2024
Nine months ended July 31, 2023

Percentages indicate year-on-year changes
Profit attributable toNet salesOperating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
25,682 (13.8)
1,399 (30.4)
1,382 (29.6)
847 (33.7)
29,783
6.8
2,010
(7.3)
1,964
(7.2)
1,278(6.8)
Earnings per share

Diluted earnings per share

Yen
60.99
92.03

Nine months ended July 31, 2024
Nine months ended July 31, 2023

Yen
60.65
91.59

(2) Consolidated financial position
Total assets
As of July 31, 2024
As of October 31, 2023

Net assets

Millions of yen
50,83752,674Equity ratio

Millions of yen
39,39739,037

%
74.8
71.7

2. Cash dividends
Annual dividends per share

Year ended October 31, 2023
Year ending October 31, 2024

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen
––

Yen
21.00
21.00

Yen––

Yen
22.00

Yen
43.00

22.00

43.00

Year ending October 31, 2024 (Forecast)Total

3. Forecast of consolidated financial results for the year ending October 31, 2024 (from November 1, 2023 to October 31, 2024)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
Earnings per shareowners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Yen
Full year
36,900 (14.9)
2,210 (18.8)
2,180 (18.1)
1,320 (24.6)
94.98

1

4. Notes(1) Significant changes in the scope of consolidation during the nine months ended July 31, 2024:

No(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

Yes(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
No
Changes in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

NoNo

Restatement of prior period financial statements:

No(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of July 31, 2024

16,901,900 shares As of October 31, 2023

16,901,900 shares

Number of treasury shares at the end of the period
As of July 31, 2024

3,002,056 shares As of October 31, 2023

3,006,166 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended July 31, 2024

13,897,024 shares Nine months ended July 31, 2023

213,895,734 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Thousands of yen)
As of October 31, 2023
AssetsCurrent assets
Cash and deposits
Real estate for sale
Real estate for sale in process
Costs on construction contracts in progress
Supplies
Other
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Land
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Notes payable, accounts payable for construction contracts
Electronically recorded obligations - operating
Short-term borrowings
Current portion of long-term borrowings
Income taxes payable
Provision for bonuses
Provision for bonuses for directors (and other officers)
Provision for warranties for completed construction
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
Valuation difference on available-for-sale securities
Total accumulated other comprehensive income
Share acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets

3

As of July 31, 2024

18,955,466
13,599,472
6,186,687
1,080,236
4,088
467,310
40,293,261

18,529,995
10,755,489
6,724,610
1,118,549
2,266
470,820
37,601,731

3,912,782
6,925,093
584,389
11,422,265
326,459
632,028
12,380,753
52,674,014

4,954,994
6,811,884
402,352
12,169,231
323,919
743,109
13,236,260
50,837,992

3,146,864
1,317,110
5,263,611
351,570
431,525
145,321
14,70035,666560,289
11,266,658

2,286,807
1,226,320
3,979,900
345,879
228,257
52,9436,400
26,6481,227,860
9,381,016

1,930,059
393,61346,5132,370,186
13,636,844

1,670,637
349,225
39,571
2,059,433
11,440,450

1,584,837
1,344,145
37,362,769(2,576,632)
37,715,121

1,584,837
1,344,462
37,612,769(2,573,109)
37,968,960

54,64954,64971,4801,195,918
39,037,169
52,674,014

73,29373,293
77,2101,278,076
39,397,541
50,837,992

Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Thousands of yen)
Nine months ended

Nine months ended

July 31, 2023

July 31, 2024

Net sales
Cost of sales

29,783,474
25,051,857

25,682,551
21,939,605

Gross profit

4,731,617

3,742,945

Selling, general and administrative expenses

2,721,215

2,343,430

Operating profit

2,010,402

1,399,514

Interest income
Dividend income

302
4,810

514
6,243

Gain on sale of non-current assets
Other

2,812
20,70025,769
9,951

Total non-operating income

28,62642,47872,256

58,916

2,367

598

Non-operating income

Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary profit
Extraordinary losses
Impairment losses
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent

474,62359,514

1,964,404

1,382,478

–

6,467

–

6,467

1,964,404

1,376,011

624,311447,841

1,340,093

928,169

61,27980,653

1,278,814

847,516

Consolidated statements of comprehensive income (cumulative)(Thousands of yen)

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Total other comprehensive income

Nine months ended

Nine months ended

July 31, 2023

July 31, 2024

1,340,093

928,169

12,75322,54812,75322,548Comprehensive income

1,352,847

950,718

Comprehensive income attributable toComprehensive income attributable to owners of parent

1,288,791

866,160

64,05584,557

Comprehensive income attributable to non-controllinginterests5