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 Three Months Ended June 30, 2024
(Based on Japanese GAAP)
July 29, 2024
Company name:
TRANCOM CO.,LTD.
Stock exchange listing: Tokyo, Nagoya
Stock code:
Representative:

9058
President

URL

https://www.trancom.co.jp/ir/
Yasuhiro Jinno

Inquiries:
Executive Officer /Corporate PlanningScheduled date to commence dividend payments:

Naoki Mitamura–Preparation of supplementary material on financial results:
Holding of financial results meeting:

NoNoTEL(052)939-2011(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the three months ended June 30, 2024 (from April 1, 2024 to June 30, 2024)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Three months ended June 30, 2024
44,251
6.1
1,663 (14.4)
1,743 (12.4)
1,120(8.0)
Three months ended June 30, 2023
41,692
0.3
1,944
3.0
1,990(0.4)
1,217
(7.1)
Earnings per share

Diluted earnings per shareYen
121.26128.30Three months ended June 30, 2024
Three months ended June 30, 2023

Yen
120.94127.98(2) Consolidated financial position
Total assets

Net assets

Millions of yen
76,50874,097

As of June 30, 2024
As of March 31, 2024

Equity ratio

Millions of yen
50,93250,241

Net assets per share
%
65.9
67.1

Yen
5,452.50
5,381.06

2. Cash dividends
Annual dividends per share
1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
66.00

Yen–

Yen
70.00

Yen
136.00

74.00

–

74.00

148.00Year ended March 31, 2024
Year ending March 31, 2025
Year ending March 31, 2025 (Forecast)Total

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

83,860

(0.0)

3,080

(15.2)

3,070(16.7)

2,010(14.4)

217.49173,670

2.5

7,070

0.7

7,040

(1.6)

4,550

0.1

492.32

1

4. Notes(1) Significant changes in the scope of consolidation during the three months ended June 30, 2024:

No(2) Application of special accounting methods for preparing 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:
Yes
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 June 30, 2024

10,324,150 shares As of March 31, 2024

10,324,150 shares

Number of treasury shares at the end of the period
As of June 30, 2024

1,080,041 shares As of March 31, 2024

1,082,253 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2024

9,242,324 shares Three months ended June 30, 2023

29,489,499 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2024

As of June 30, 2024

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract assets

21,594
26,497

21,472
27,703MerchandiseWork in process60
2101
5Supplies
Prepaid expenses

26949

25
1,087

Other
Allowance for doubtful accounts

355
(1)

347
(1)

49,48450,741

10,621(5,822)

10,550(5,814)

Buildings and structures, net

4,798

4,735

Machinery, equipment and vehicles
Accumulated depreciation

9,673(7,343)

9,955(7,552)

2,330

2,403

3,005
2,338

3,005
2,438

(2,129)(2,111)

208

327

Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation

Machinery, equipment and vehicles, net
Land
Leased assets
Accumulated depreciation
Leased assets, net
Right-of-use assets

4,132

5,285

Accumulated depreciation(1,207)(1,427)Right-of-use assets, net

2,924

3,858

436

910

2,018
(1,375)

1,879(1,263)643

615

14,34815,856

269
1,247

253
1,913

Software in progress
Customer Relationship

794
175

19
162

Other

146

145

2,633

2,494

Investment securities
Deferred tax assets

3,959
414

3,965
209

Guarantee deposits
Other

3,041
233

3,146111

Allowance for doubtful accounts

(17)

(17)

Total investments and other assets

7,631

7,416

24,612

25,76674,09776,508Construction in progress
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
SoftwareTotal intangible assets
Investments and other assets

Total non-current assets
Total assets3

(Millions of yen)
As of March 31, 2024

As of June 30, 2024

Liabilities
Current liabilities
Accounts payable - trade

12,42012,433

Lease liabilities
Accounts payable - other723
1,808

1,110
2,170Accrued expenses
Income taxes payable

1,510
782

2,477
273

Accrued consumption taxes
Provision for bonuses

585
689

832
234

Provision for bonuses for directors (and other officers)
Other–
569

7593

19,09020,134

2,627

3,313

Deferred tax liabilities
Deferred tax liabilities for land revaluation

4353

4053

Provision for stocks payment
Provision for share awards for directors (and other398

412

414

422

Total current liabilities
Non-current liabilities
Lease liabilities

officers)
Retirement benefit liability

8883

Asset retirement obligations
Other758
380

740
375

Total non-current liabilities

4,765

5,441

23,85625,575

Shareholders' equity
Share capital

1,080

1,080

Capital surplus
Retained earnings

1,517
50,8891,523
51,355

Treasury shares(5,098)(5,090)Total shareholders' equity

48,38848,868Valuation difference on available-for-sale securities
Revaluation reserve for land

447
(117)

455
(117)

Foreign currency translation adjustment
Remeasurements of defined benefit plans

1,010
2

1,194
2

Total accumulated other comprehensive income

1,342

1,534100410

100
428

50,24150,932

74,09776,508

Total liabilities
Net assets

Accumulated other comprehensive income

Share acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets

4Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)(Millions of yen)Three months ended
June 30, 2023

Three months ended
June 30, 2024

Net sales

41,692

44,251

Cost of sales

38,89541,752Gross profit

2,796

2,499

851

835

1,944

1,663

Selling, general and administrative expensesOperating profit
Non-operating income
Interest and dividend income

1716

Share of profit of entities accounted for using equity method
Subsidy income

1431

3166

Other

21

21

Total non-operating income

83

135

Interest expenses
Loss on retirement of non-current assets

30
450
1

Other

2

3

Non-operating expenses

Total non-operating expenses
Ordinary profit
Extraordinary losses
Impairment losses
Total extraordinary losses

38

56

1,990

1,743

51

1451

14

Profit before income taxes

1,938

1,729

Income taxes - current
Income taxes - deferred

456
244

398
194Total income taxes

701

593

1,237

1,136

1,217
20

1,120
15Profit
Profit attributable toProfit attributable to owners of parent
Profit attributable to non-controlling interests
Other comprehensive income
Valuation difference on available-for-sale securities

47

Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax

119
0187
0125

195

Comprehensive income

Total other comprehensive income

1,362

1,331

Comprehensive income attributable toComprehensive income attributable to owners of parent

1,330

1,312

3218

Comprehensive income attributable to non-controlling interests5