Summary of Consolidated Financial Results
for the First Quarter of FY2025(Based on Japanese GAAP)
August 9, 2024
Company name:Imasen Electric Industrial Co., Ltd.

Stock exchange listing: Tokyo, Nagoya
Stock code:
7266
URL
Representative:
Inquiries:

https://www.imasen.co.jp/

President
Executive Officer

Kenichi Hasegawa
Tatsushi Inoue

Scheduled date to commence dividend payments:
Preparation of supplementary material on financial results:―Yes

Holding of financial results meeting:

Yes

TEL

0568-67-1211(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the Fiscal First Quarter of FY2025 (from April 1, 2024 to June 30, 2024)(1) Consolidated operating results
Net sales
Millions of yen
23,31924,127First Quarter of FY2025
First Quarter of FY2024

Operating profit% Millions of yen
(3.4)
(245)
20
7.9%
--Percentages indicate year-on-year changes
Profit attributable toOrdinary profit
owners of parent
Millions of yen% Millions of yen%360
11.4
2,156
323
162.9(908)-Diluted earnings pershare
YenYen98.52–(40.82)–Earnings per shareFirst Quarter of FY2025
First Quarter of FY2024(2) Consolidated financial position
Total assets

Net assets

Millions of yen
79,085
81,181First Quarter of FY2025
FY2024Equity ratio

Millions of yen
51,52951,269Net assets per share%64.8
62.6

Yen
2,339.92
2,322.92

2. Cash dividends
Annual dividends per share
1st quarter-end 2nd quarter-end 3rd quarter-end Fiscal year-end

FY2024FY2025
FY2025(Forecast)

TotalYen

Yen

Yen

Yen

Yen

––

6.00

–

6.00

12.00

7.50

–

7.50

15.00

3. Forecast of consolidated financial results for the year ending March 31, 2025 (from April 1, 2024 to March 31, 2025)

Net sales
Millions of yen
Six months ending
September 30, 2024
Full year

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
Earnings per shareowners of parent% Millions of yen% Millions of yen% Millions of yen%Yen

46,000(2.8)

(500)

-

93,500(6.2)

100

593.6

100 (52.1)

2,000-

91.36

300

1,400-

63.60

15.2

4. Notes(1) Changes in significant subsidiaries during the quarter(changes in specified subsidiaries resulting in the change in scope of consolidation):No(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: No(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:No
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

No
No

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)
FY2025 First quarter

23,475,352 shares FY2024

23,475,352 shares

Number of treasury shares at the end of the period
FY2025 First quarter

1,582,748 shares FY2024

1,582,748 shares

21,892,604 shares FY2024 First quarter

22,259,517 shares

Average number of shares during the period
FY2025 First quarter*This report is not subject to quarterly review by certified public accountants or auditing firms.

(Millions of yen)
As of March 31, 2024
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - tradeElectronically recorded monetary claims operating
Inventories
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
Other, net
Total property, plant and equipment
Intangible assets
Other
Total intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations operating
Short-term borrowings
Income taxes payable
Provision for bonuses
Provision for product warranties
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Retirement benefit liability
Other
Total non-current liabilities
Total liabilities

As of June 30, 2024

12,287
17,091

15,502
15,679

5,958

5,445

13,0582,318△243
50,47013,382
2,301△233
52,077

6,627
5,340
8,795
20,763

6,671
5,493
8,894
21,060

943
943

1,033
1,033

7,254
1,777
△279,003
30,71081,181

3,072
1,868△274,913
27,00779,085

9,007

8,128

5,155

4,556

3,881
295
808
78
4,411
23,638

3,920
567
366
69
4,594
22,203

1,050
1,454
3,767
6,272
29,911

761
1,479
3,111
5,352
27,556(Millions of yen)

As of March 31, 2024
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity

7,289
7,041
27,647△1,13540,843As of June 30, 2024

7,289
7,041
29,673△1,13542,869Accumulated other comprehensive income
Valuation difference on available-forsale securitiesForeign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets

3,437

1,243

5,977
596

6,549
565

10,011

8,357

415
51,26981,181

302
51,52979,085

(Millions of yen)Three months ended
June 30, 2023
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Packing and transportation costs
Salaries, allowances and bonuses
Provision for bonuses
Retirement benefit expenses
Depreciation
Other
Total selling, general and administrative
expenses
Operating profit (loss)
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Compensation expenses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Total extraordinary income
Extraordinary losses
Loss on disposal of non-current assets
Extra retirement payments
Impairment losses
Total extraordinary losses
Profit (loss) before income taxes
Income taxes - currentIncome taxes - deferred
Total income taxes
Profit (loss)
Profit attributable to non-controllinginterests
Profit (loss) attributable to owners of parent

Three months ended
June 30, 2024

24,12722,264
1,863

23,31921,592
1,727

424
580
41
18
34
743

426
587
49
1230
867

1,843

1,972

20

△245

41
99
259
65
465

24
79
542
51
698

97
51
12161
323

70
1
1992
360

－
1
12
2,990
2,992

6787
32
826
△501
423
△35
388
△890

465－
70
3,283
595
511
1,107
2,175

1818

△908

2,156

(Millions of yen)Three months ended
June 30, 2023
Profit (loss)
Other comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, netof tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to ownersof parent
Comprehensive income attributable to noncontrolling interests

Three months ended
June 30, 2024

△890

2,175

676

△2,194

451

583

△3

△31

1,124234△1,641533

2095032530

(Millions of yen)Three months ended
June 30, 2023Cash flows from operating activities
Profit (loss) before income taxes
Depreciation
Increase (decrease) in provision for bonuses
Interest and dividend income
Interest expenses
Extra retirement payments
Loss (gain) on sale of investment securities
Loss (gain) on disposal of non-current
assetsDecrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in trade payables
Other, net
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Extra retirement payments
Net cash provided by (used in) operatingactivities
Cash flows from investing activities
Decrease (increase) in time deposits
Purchase of property, plant and equipment
Purchase of investment securities
Proceeds from sale of investment securities
Other, net
Net cash provided by (used in) investingactivities
Cash flows from financing activities
Net increase (decrease) in short-termborrowings
Proceeds from long-term borrowings
Repayments of long-term borrowings
Repayments of lease liabilities
Dividends paid
Other, net
Net cash provided by (used in) financing
activities
Effect of exchange rate change on cash and cashequivalents
Net increase (decrease) in cash and cash
equivalents
Cash and cash equivalents at beginning ofperiod
Cash and cash equivalents at end of period

Three months ended
June 30, 2024

△501706△499△14097787△13,283738△441△1047065△2,99062△1,325972△1,349606△642
142△97△393－2,4305△1,873△318
868
103△71△334△3△991

562

73
△370
△292
△2471△733△14,023
△166

△347

3,192

1,121

△110

200
△388
△117
△168
△248

100△399
△172
△131
△143

398

△856

229

352

△710

3,250

15,885

11,17515,174

14,426