Note: This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy
between the Japanese original and this English translation, the Japanese original shall prevail.

Consolidated Financial Results
for the Three Months Ended May 31, 2024
[Japanese GAAP]
July 3, 2024
Company name: ABC-MART,INC.
Stock exchange listing: Tokyo
Code number: 2670
URL: https://www.abc-mart.co.jp/ir/
Representative: Minoru Noguchi
President and Representative Director
Contact: Yasuo Ishii
Director, Corporate Planning Office Manager
Phone: +81-334765452
Scheduled date of filing quarterly securities report: July 4, 2024
Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: Yes (for institutional investors and analysts)(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Three Months Ended May 31, 2024 (March 1, 2024 to May 31, 2024)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)Profit attributable toOperating profit
Ordinary profit
owners of parent

Net sales

Millions of yen% Millions of yen
Three months ended
May 31, 2024
96,215
8.6
18,408
May 31, 2023
88,57928.1
16,890(Note) Comprehensive income:Three months ended May 31, 2024:
Three months ended May 31, 2023:

Basic earnings
per share% Millions of yen

9.0
60.4
¥
¥

% Millions of yen

19,1839.8
17,47362.3
15,938 million
9,642 million%

13,10710.1
11,90769.7[65.3%][(16.9) %]Diluted earnings pershare

Yen
Yen
Three months ended
May 31, 2024
52.93
May 31, 2023
48.09
(Note) As the Company conducted a 3-for-1 stock split of common shares on September 1, 2023, "Net income per share" is calculated
as if the stock split had been conducted at the beginning of the previous fiscal year.
(2) Consolidated Financial Position
Total assets
Net assets
Capital adequacy ratio
Millions of yen
Millions of yen%
As ofMay 31, 2024
402,431
348,43186.0
February 29, 2024
387,336
341,654
87.6(Reference) Equity: As of May 31, 2024:¥346,080 million
As of February 29, 2024:¥339,444 million

2. Dividends
1stquarter-end

2ndquarter-end

Yen

Yen

Annual dividends
3rdquarter-end
Yen

Year-end
Yen

Total
Yen

Fiscal year ended February 29, 2024
85.00
37.00
Fiscal year ending February 28, 2025
Fiscal year ending February 28, 2025
33.00
33.00
66.00
(Forecast)(Note) Revision to the forecast for dividends announced most recently:
No(Note) The Company conducted a 3-for-1 stock split of shares of common stock on September 1, 2023. The figures for the endof the second quarter of the fiscal year ended February 29, 2024 represent the actual dividend amount prior to the stock split.
The annual dividend for the fiscal year ended February 29, 2024, after taking into account the effect of the stock split, would be
65.33 yen.

3. Consolidated Financial Results Forecast for the Fiscal Year Ending February 28, 2025(March 1, 2024 to February 28, 2025)(% indicates changes from the previous corresponding period.)
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

Six months ending August
182,700
7.8
31,0005.7
31,48031, 2024
Full year
365,800
6.3
58,7005.4
59,700(Note) Revision to the financial results forecast announced most recently:
No* Notes:(1) Changes in significant subsidiaries during the three months ended May 31, 2024
(changes in specified subsidiaries resulting in changes in scope of consolidation):
New(Company name:
Exclusion:(Company name:%Yen

2.9% Millions of yen

21,250

1.0

85.82

3.2

40,3000.7

162.75No(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:))Yes(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: No
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):May 31, 2024:
247,618,938 shares
February 29, 2024:
247,618,938 shares
2) Number of treasury shares at the end of the period:
May 31, 2024:
2,187 shares
February 29, 2024:
2,187 shares
3) Average number of shares outstanding during the period:
Three months ended May 31, 2024:
Three months ended May 31, 2023:

247,616,751 shares
247,616,989 shares

THIS QUARTERLY CONSOLIDATED FINANCIAL RESULTS STATEMENT IS EXEMPT FROM THE QUARTERLYREVIEW PROCEDURES.
FORWARD LOOKING STATEMENTS AND OTHER SPECIAL ITEMSThe forecast for the year ending February 28, 2025 is based on ABC-MART, INC.'s hypotheses, plans and estimates at the date of publication. It is possible thatsome uncertain factors will cause the Company's future performance to differ significantly from the contents of forecast.

Quarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets(Millions of yen)
As of February 29, 2024
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Securities
Inventories
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
LandConstruction in progress
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Trademark right
Software
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Shares of subsidiaries and associates
Long-term loans receivable
Leasehold and guarantee deposits
Retirement benefit asset
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

1

As of May 31, 2024167,208
16,262
9,150
88,9427,303(240)288,627

167,254
21,001
9,708
97,525
7,375(259)
302,605

39,543(21,859)
17,684
21,673(17,277)
4,396
19,568
351
428
(384)
44
42,04540,800(22,066)
18,734
22,465(17,911)
4,554
19,595407
435(386)
48
43,340

95
3,506
207
807
4,616

78
3,681
174
540
4,475

20,026600
167
28,041
255
2,390
598
(33)
52,046
98,708387,336

19,988600
151
28,178
152
2,333
637
(32)
52,01099,826402,431(Millions of yen)
As of February 29, 2024
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term borrowings
Income taxes payable
Contract liabilities
Provision for bonuses
Provisions
Asset retirement obligations
Notes payable - facilities
Other
Total current liabilities
Non-current liabilities
Retirement benefit liability
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
Foreign currency translation adjustment
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

2

As of May 31, 2024

15,238
1,405
11,268
1,074
1,163
299
318
1,189
12,013
43,972

25,529
2,830
6,984
1,008
1,959
277
284
1,405
11,96052,239

54
473
1,181
1,709
45,681

65
512
1,183
1,761
54,00019,972
24,043269,829(4)
313,841

19,972
24,043
273,774(4)
317,786

7,172

7,467

18,43025,603
2,209
341,654387,336

20,82528,293
2,351
348,431
402,431

Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the three months)(Millions of yen)
For the three months
ended May 31, 2023
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Packing and transportation costs
Advertising expenses
Storage costs
Remuneration, salaries and allowances for directors(and other officers)
Bonuses
Provision for bonuses
Retirement benefit expenses
Legal and other welfare expenses
Rent expenses on land and buildingsDepreciation
Utilities expenses
Commission expenses
Taxes and dues
Amortization of goodwill
Other
Total selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Rent income for house
Advertising medium income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Rental expenses
Other
Total non-operating expenses
Ordinary profit

3

For the three months
ended May 31, 2024

88,57941,77046,80996,21546,02550,190

1,094
1,583
879

1,091
1,770
738

8,007

8,5180773
157
1,209
8,513
1,315
713
2,516
528
31
2,594
29,91916,890

0
859
194
1,322
9,157
1,367
664
2,790
555
33
2,715
31,782
18,408

125
158
129
186
8
76
685

271
111
178
236
8
107
914

2
86
12
101
17,473

3
124
12
140
19,183

(Millions of yen)
For the three months
ended May 31, 2023
Extraordinary income
Gain on sale of non-current assets
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Impairment losses
Other
Total extraordinary losses
Profit before income taxes
Income taxes - currentIncome taxes - deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent

For the three months
ended May 31, 2024

77

1
172
31
103
17,378
5,464
(57)
5,407
11,97063
11,907

111
14
7
134
19,051
5,910
(45)
5,864
13,18679
13,107

Quarterly Consolidated Statements of Comprehensive Income (For the three months)(Millions of yen)
For the three months
ended May 31, 2023
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparentComprehensive income attributable to non-controllinginterests

4

For the three months
ended May 31, 2024

11,97013,186(1,429)(898)(2,328)
9,642

294
2,456
2,751
15,938

9,557

15,79684141