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 Nine Months Ended December 31, 2022
(Based on Japanese GAAP)
January 30, 2023
Company name:
TRANCOM CO.,LTD.
Stock exchange listing: Tokyo, Nagoya
Stock code:
Representative:

9058
URL https://www.trancom.co.jp/ir/
Representative Director ,President
Atsunori Takabe

Inquiries:
Executive Officer / Finance and Accounting
Scheduled date to file Quarterly Securities Report:

Naoki Mitamura
February 3, 2023

Scheduled date to commence dividend payments:
Preparation of supplementary material on quarterly financial results:–No

Holding of quarterly financial results meeting:

NoTEL(052)939-2011(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the nine months ended December 31, 2022 (from April 1, 2022 to December 31, 2022)(1) Consolidated operating results (cumulative)
Net sales
Nine months ended December 31, 2022
Nine months ended December 31, 2021

Millions of yen
127,850
122,409

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
owners of parent% Millions of yen% Millions of yen% Millions of yen%
4.4
5,726(7.4)
5,894
(6.1)
4,709
16.3
8.0
6,184(1.7)
6,274(2.1)
4,050
(8.4)

Earnings per share

Diluted earnings per share

Yen
486.94413.56Nine months ended December 31, 2022
Nine months ended December 31, 2021

Yen
485.73412.54(2) Consolidated financial position
Total assets
As of December 31, 2022
As of March 31, 2022

Net assets

Millions of yen
73,75569,786Equity ratio

Millions of yen
50,40347,714

Net assets per share%
67.5
67.6

Yen
5,209.12
4,816.37

2. Cash dividends
Annual dividends per share

Year ended March 31, 2022
Year ending March 31, 2023

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
62.00
68.00

Yen––

Yen
64.00

Yen
126.0068.00

136.00Year ending March 31, 2023 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
Earnings per shareowners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%Yen
Full year
171,500
5.2
7,800(2.4)
8,000(2.3)
6,000
13.4
617.901

4. Notes(1) Changes in significant subsidiaries during the nine months ended December 31, 2022
(changes in specified subsidiaries resulting in the change in scope of consolidation):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:
Changes in accounting policies due to other reasons:

Yes
No

Changes in accounting estimates:
Restatement of prior period financial statements:

NoNo(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2022

10,324,150 shares As of March 31, 2022

10,324,150 shares

Number of treasury shares at the end of the period
As of December 31, 2022

761,029 shares As of March 31, 2022

527,285 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2022

9,670,981 shares Nine months ended December 31, 2021

2

9,793,631 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2022
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract assets
MerchandiseWork in process
Supplies
Prepaid expenses
Deposits paid
Other
Allowance for doubtful accounts

As of December 31, 2022

20,02425,728
8
5
18
794–
222
(1)

19,59627,188
11
327
913
292
469
(1)

46,80048,502

9,874(5,197)

10,324(5,439)Buildings and structures, net

4,676

4,884

Machinery, equipment and vehicles
Accumulated depreciation

7,960(5,764)

8,495(6,367)

2,195

2,128

3,005
2,376
(1,830)

3,005
2,336
(1,912)

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

Machinery, equipment and vehicles, netLand
Leased assets
Accumulated depreciation

545

424

RightOfUseAssets
Accumulated depreciation

Leased assets, net

1,797(605)3,375(1,081)

RightOfUseAssets, net

1,192

2,294

Construction in progress
Other
Accumulated depreciation

251
1,596(1,107)

361
1,850(1,198)

489

652

Other, net

12,356

13,752Intangible assets
Goodwill
Software
Software in progress
Customer Relationship
Other

Total property, plant and equipment

1,489
1,432
36
747
154

1,522
1,226
163
732
151

Total intangible assets

3,860

3,796

3,622
755
19
2,240
142
(13)

4,182
494
19
2,559
467
(18)

Investments and other assets
Investment securities
Deferred tax assets
Deferred tax assets for land revaluation
Guarantee deposits
OtherAllowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

3

6,768

7,704

22,98625,25369,78673,755

(Millions of yen)
As of March 31, 2022
Liabilities
Current liabilities
Accounts payable - trade
Lease liabilities
Accounts payable - otherAccrued expenses
Income taxes payable
Accrued consumption taxes
Provision for bonuses
Provision for bonuses for directors (and other officers)
Other

As of December 31, 2022

12,402
708
1,727
1,355
1,024
673
635
–
357

12,719
705
1,787
1,634
714
614
237
23
729

18,885

19,167

1,295
154
306

2,249
147
343

343

380

94
636
356

90
612
360

3,186

4,185

Total liabilities

22,072

23,352

Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares

1,080
1,815
45,007(1,049)

1,080
1,832
48,348(2,788)

Total current liabilities
Non-current liabilities
Lease liabilities
Deferred tax liabilities
Provision for stocks payment
Provision for share awards for directors (and otherofficers)
Retirement benefit liability
Asset retirement obligations
Other
Total non-current liabilities

46,85348,472

Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Revaluation reserve for land
Foreign currency translation adjustment
Remeasurements of defined benefit plans

Total shareholders' equity

241
(44)
141(5)

446
(44)
944
(4)

Total accumulated other comprehensive income

332

1,342

100
428

100
487

47,71450,40369,78673,755

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)
Nine months ended
December 31, 2021

Nine months ended
December 31, 2022

Net sales

122,409

127,850

Cost of sales

114,092

119,366

Gross profit

8,316

8,484

Selling, general and administrative expenses

2,131

2,757

Operating profit

6,184

5,726

Non-operating income
Interest and dividend income

28

38

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

51
108

92
113

Other

79

71

Total non-operating income

268

317

Interest expenses
Loss on retirement of non-current assets

94
32

92
1

Compensation expenses
Other

25
27–
55

Total non-operating expenses

178

149

6,274

5,894

Gain on sale of shares of subsidiaries and associates–1,343

Total extraordinary income

–

1,343

46

52

Non-operating expenses

Ordinary profit
Extraordinary income

Extraordinary losses
Impairment losses

4652

Profit before income taxes

Total extraordinary losses

6,228

7,185

Income taxes - current

1,967

2,276

Income taxes - deferred

169

133

Total income taxes

2,136

2,409

Profit

4,091

4,775

Profit attributable toProfit attributable to owners of parent

4,050

4,709

4166

Valuation difference on available-for-sale securities
Foreign currency translation adjustment

(77)
227

205
842

Remeasurements of defined benefit plans, net of tax

31

Profit attributable to non-controlling interests
Other comprehensive income

Total other comprehensive income
Comprehensive income

152

1,050

4,244

5,826

4,204
39

5,719
106

Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests5