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 Nine Months Ended November 30, 2023
[Japanese GAAP]
January 10, 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: January 11, 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 Nine Months Ended November 30, 2023 (March 1, 2023 to November 30, 2023)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Nine months ended
November 30, 2023
252,328
21.0
41,53343.3
43,27545.7
29,80744.0
November 30, 2022
208,571
15.5
28,99146.1
29,71045.1
20,70643.8(Note) Comprehensive income:Nine months ended November 30, 2023: ¥34,969 million [15.3%]
Nine months ended November 30, 2022: ¥30,320 million [84.1%]
Basic earnings
per share

Diluted earnings pershareYen
Yen
Nine months ended
November 30, 2023
120.38
November 30, 2022
83.62
(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
Millions of yen
As ofNovember 30, 2023
384,467
February 28, 2023
355,850(Reference) Equity: As of November 30, 2023:
As of February 28, 2023:
2. Dividends

Net assets

Capital adequacy ratio

Millions of yen¥¥%

331,443
310,974
329,217 million
309,095 million

1stquarter-end

2ndquarter-end

Yen

Yen

85.6
86.9

Annual dividends
3rdquarter-end
Yen

Year-end
Yen

Total
Yen

Fiscal year ended February 28, 2023
85.00
85.00
170.00Fiscal year ending February 29, 2024
85.00
Fiscal year ending February 29, 2024
37.00
(Forecast)(Note) Revision to the forecast for dividends announced most recently:
Yes(Note) Since the Company conducted a 3-for-1 stock split of shares of common stock on September 1, 2023, the year-end
dividend per share for the fiscal year ending February 29, 2024 (forecast) is shown as "-" for the total annual dividend per shareto reflect the effect of this stock split. If the stock split is not taken into account, the year-end dividend per share for the fiscal
year ending February 29, 2024 (forecast) is 111 yen per share, and the annual dividend per share is 196 yen per share.

3. Consolidated Financial Results Forecast for the Fiscal Year Ending February 29, 2024(March 1, 2023 to February 29, 2024)(% indicates changes from the previous corresponding period.)
Profit attributable to Basic earnings
Net sales
Operating profit
Ordinary profit
owners of parent
per share
Millions of yen% Millions of yen% Millions of yen% Millions of yen%

Yen

Full year
332,200
14.5
50,70019.9
52,00019.9
35,50017.3
143.37(Note) Revision to the financial results forecast announced most recently:
No(Note) Net income per share in the forecast for the fiscal year ending February 29, 2024 (full year) takes into account the effect of thestock split.
* Notes:(1) Changes in significant subsidiaries during the nine months ended November 30, 2023
(changes in specified subsidiaries resulting in changes in scope of consolidation):
NoNew(Company name:Exclusion:(Company name:(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: Yes
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):
November 30, 2023:
247,618,938 shares
February 28, 2023:
247,618,938 shares
2) Number of treasury shares at the end of the period:
November 30, 2023:
2,157 shares
February 28, 2023:
1,764 shares
3) Average number of shares outstanding during the period:
Nine months ended November 30, 2023:
Nine months ended November 30, 2022:

247,616,890 shares
247,617,390 shares(Note) The Company conducted a 3-for-1 stock split of common stock on September 1, 2023. Therefore, "Number of issued shares atthe end of the period," "Number of treasury shares at the end of the period," and "Average number of shares outstanding during theperiod" are calculated on the assumption that the stock split was conducted at the beginning of the previous fiscal year.
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 29, 2024 is based on ABC-MART, INC.'s hypotheses, plans and estimates at the date ofpublication. It is possible that some uncertain factors will cause the Company's future performance to differ significantly from thecontents of forecast.

Quarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets(Millions of yen)
As of February 28, 2023
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Securities
Inventories
OtherAllowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structuresAccumulated depreciation
Buildings and structures, netTools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, netLand
Construction 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 assetsTotal non-current assets
Total assets

1

As of November 30, 2023

138,918
15,096
9,529
88,5849,432(170)
261,391

143,356
21,131
8,903
106,1287,699(206)
287,012

36,216(20,329)
15,887
19,350(15,197)
4,153
19,310
610
461
(389)
71
40,03339,680(21,565)
18,11421,808(17,233)
4,575
19,576
235
431
(381)
50
42,551

162
3,187
80
1,199
4,629

113
3,607
242
790
4,754

18,906614
237
27,010
236
2,245
563
(18)
49,796
94,459355,850

18,216609
184
27,961
2,584
627
(35)
50,14897,454384,467(Millions of yen)
As of February 28, 2023
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 November 30, 2023

12,484
5,959
9,330
1,039
1,037
301
208
3,974
9,277
43,61323,781
4,118
6,847
881
1,979
299
319
744
12,09951,072

156
395
710
1,263
44,876

242
476
1,231
1,951
53,023

19,972
24,043244,387(3)
288,400

19,972
24,043259,627(4)
303,639

6,060

5,752

14,634
20,694
1,878
310,974
355,850

19,82525,5782,225
331,443
384,467

Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the nine months)(Millions of yen)
For the nine months
ended November 30, 2022
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 expensesLegal and other welfare expenses
Rent expenses on land and buildings
Depreciation
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
Foreign exchange losses
Rental expenses
OtherTotal non-operating expenses
Ordinary profit

3For the nine months
ended November 30, 2023

208,571
100,194108,376

252,328
121,691
130,637

2,987
4,472
2,044

3,176
5,303
2,497

20,97624,020

391
1,804
619
3,332
22,174
4,186
1,929
6,047
1,247
474
6,698
79,38528,991

436
1,977
520
3,825
24,903
4,079
2,183
7,249
1,534
97
7,298
89,103
41,533

111
285
648
25
143
1,214

428
499
356
573
25
234
2,118

8
117
335
33
494
29,710

8
326
41
376
43,275

(Millions of yen)
For the nine months
ended November 30, 2022
Extraordinary income
Gain on sale of non-current assets
Gain on sale of securities
Employment adjustment subsidies for covid19
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss on valuation of investment securities
Impairment losses
Loss due to covid19
Other
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

For the nine months
ended November 30, 2023

21734
46801

24
437
462

147
305
458
24
935
29,576
8,954
(193)
8,760
20,81510920,706

251
248
0499
43,23813,435(142)
13,292
29,945137
29,807

Quarterly Consolidated Statements of Comprehensive Income (For the nine months)(Millions of yen)
For the nine months
ended November 30, 2022
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 ofparent
Comprehensive income attributable to non-controllinginterests

4For the nine months
ended November 30, 2023

20,81529,945

3,796
5,708
9,504
30,320

(307)
5,331
5,024
34,96930,03534,691

284

278