Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2022 〔Japanese GAAP〕

August 12，2022
Company name
Code number
RepresentativeInquiries

Komehyo Holdings Co.,Ltd.
2780
ＵＲＬ

Stock exchange listings
TOKYO, NAGOAYA
https://komehyohds.com（Title） President and Representative Director （Name）Takuji Ishihara（Title） General Manager of IR・PR Department （Name）Hiroyuki Yoshida
Phone ＋81-52-249-5366
Quarterly securities report filing date (as planned) August15,2022
Dividend payable date (as planned) －Availability of supplementary briefing material on quarterly financial results ：Available
Schedule of quarterly financial results briefing session：Not scheduled（Amounts of less than one million yen are rounded down.）

１．Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2023
（April 1, 2022 to June 30, 2022）（％ indicates changes from the previous corresponding period.）（１）Consolidated Operating Results
Net income
Net sales
Operating income
Ordinary income
attributable toowners of parent
Million yen％

Million yen％

Million yen％

Million yen％

18,753

32.4

739

45.3

760

47.4

519

54.0

14,162－508－515－337－

Three months ended June 30,2022

805Million yen(97.6％)

Three months ended
June 30, 2022
Three months ended
June 30, 2021
（Note）Comprehensive income

basic earnings
per share
Three months ended
June 30, 2022
Three months ended
June 30, 2021

407Million yen(－％)

Diluted earnings
per share

Yen

Yen

47.41

－

30.78

－

（２）Consolidated Financial Positions
Total assets

Net assets

Equity ratio

Net assets per share

Million yen

Million yen％

Yen

44,25839,667

21,201
20,70047.2
51.5

1,908.17
1,865.42

As of March 31, 202220,438 Million yen

As of June 30, 2022
As of March 31, 2022
（Reference）Equity

Three months ended June 30,2021

As of June 30, 2022

20,906 Million yen

２．Dividends
1stquarter-end
Yen

2ndquarter-end

Annual dividends
3rdquarter-end

Yen
12.00

Fiscal year ending March 31, 2022－
Fiscal year ending March 31, 2023－
Fiscal year ending March 31, 2023
25.00
(Forecast)（Note）Revision to the forecast for dividends announced most recently：NoYear-end

Total

Yen－Yen
20.00

Yen
32.00

－25.0050.00

３．Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023
（April 1，2022 to March 31，2023）（％ indicates changes from the previous corresponding period.）
Net sales

Operating income

Ordinary income

Net income
attributable toowners of parent

Basic earnings
per share％Million yen

％Yen

27.0

1,000

38.3

91.27

Full year
82,500
16.0
4,350
17.1
4,350
15.3
2,830
（Note）Revision to the financial results forecast announced most recently：No25.3

258.30Million yen

First half

38,500％ Million yen

25.7

1,550

％ Million yen

39.5- 1 -1,430

＊ Notes（１）Changes in significant subsidiaries during the three months ended June 30,2022 (changes in specified
subsidiaries resulting in changes in scope of consolidation)：No（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 restatement① Changes in accounting policies due to the revision of accounting standards：Yes② Changes in accounting policies other than ① above：No③ Changes in accounting estimates：No④ Retrospective restatement：No（４）Total number of issued shares (common shares)① Total number of issued sharesat the end of the period(including treasury stock)② Total number of treasury sharesat the end of the period③ Average number of shares during
the period:

Three months ended
June 30, 2022
Three months ended
June 30, 2022
Three months ended
June 30, 2022

11,257,000shares

March 31, 2022

11,257,000shares

300,628shares

March 31, 2022

300,628shares

10,956,372shares

Three months ended
June 30, 2021

10,956,467shares＊

These quarterly financial results are outside the scope of audit.

＊Explanation of the proper use of financial results forecast and other notes(Notes on the earnings forecasts and other forward-looking statements)
The earnings forecasts and other forward-looking statements herein are based on data currently
available to the Company and certain assumptions that the Company believes are reasonable, and theCompany has no intention of guaranteeing the achievability of them. Actual results may differ
significantly from these forecasts due to various factors.
(How to obtain supplementary presentation materials for quarterly financial results)
Supplementary presentation materials for quarterly financial results will be published on the Komehyo
Holdings' website as soon as the financial results are reported to the Tokyo Stock Exchange.

- 2 -2. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Thousands of yen)
As of March 31, 2022
AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Inventories
Other
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
LandConstruction in progress
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Leased assets
Other
Total intangible assets
Investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Current portion of bonds payable
Current portion of long-term borrowings
Lease liabilities
Accounts payable - other
Income taxes payable
Contract liabilities
Provision for bonuses
Provision for merchandise warranties
Provision for point card certificates
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Lease liabilities
Provision for retirement benefits for
directors (and other officers)
Provision for merchandise warranties
Provision for point card certificates
Retirement benefit liability
Asset retirement obligations
Contract liabilities
Other
Total non-current liabilities
Total liabilities- 3 -As of June 30, 2022

9,080,005
1,709,180
15,308,225
3,356,480
29,453,891

9,946,815
1,693,669
18,208,897
3,461,893
33,311,276

3,415,308
1,646,267
11,904685,159
5,758,640

3,417,702
1,646,267
27,857687,113
5,778,940

444,658
395,277
1,026,637
1,866,573
2,588,182
10,213,396
39,667,287

430,314421,472
1,372,666
2,224,453
2,943,896
10,947,290
44,258,567

527,778
8,360,000
72,0001,023,299
262,515
1,212,763
1,006,884
507,074
761,069
9,456
60,616
427,528
14,230,986

487,917
13,580,000
72,000900,040
293,652
929,503297,277
509,948
814,874
8,984
58,941
459,114
18,412,254

212,000
3,429,894
159,900

176,000
3,304,885
159,567

23,59823,598390
94,577
101,967
629,91032,53550,7404,735,515
18,966,501

487
121,480
108,671655,287
44,141
51,081
4,645,202
23,057,456

(Thousands of yen)
As of March 31, 2022
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-forsale securities
Foreign currency translation adjustment
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets- 4 -As of June 30, 2022

1,803,780
1,909,872
16,640,745△80,494
20,273,902

1,803,780
1,909,872
16,941,019△80,499
20,574,172

20,292

20,728144,049

311,748

164,341

332,476

262,541
20,700,786
39,667,287

294,462
21,201,111
44,258,567

(2) Quarterly Consolidated Statements of Income and Comprehensive Income(Quarterly Consolidated Statements of Income)(Thousands of yen)Three months ended
June 30, 2021
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Commission income
Insurance claim income
Compensation income
OtherTotal non-operating incomeNon-operating expenses
Interest expenses
Rent expenses on store(construct inprogress)
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Grant income
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss due to temporary closure
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit (loss) attributable to non-controllinginterests
Profit attributable to owners of parent- 5 -Three months ended
June 30, 2022

14,162,175
10,177,163
3,985,012
3,476,171
508,841

18,753,959
14,036,186
4,717,772
3,978,194
739,578

230
1,020
13,149
1,532
898
－
2,552
19,384251
10,78434,806
1,824
1,122
29,711
6,728
85,22910,926

14,431－47,2691,502
12,428515,797

2,950
64,651
760,156

3,333
10,42813,761

－
3,218
3,218

1,323
9,747
11,070518,488
177,295
341,192

1,071
1,300
2,372
761,003229,848
531,154

3,902△11,752

337,290

519,402

(Quarterly Consolidated Statements of Comprehensive Income)(Thousands of yen)Three months ended
June 30, 2021
ProfitOther comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to ownersof parent
Comprehensive income attributable to noncontrolling interests- 6 -Three months ended
June 30, 2022

341,192

531,154△1,119436

67,394
66,274407,467

273,629
274,065
805,219

410,904

813,635△3,437△8,415