Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy
between this translated document and the Japanese original, the original shall prevail.

July 26, 2024

Consolidated Financial Results
for the Three Months Ended June 30, 2024
(Under Japanese GAAP)
Company name:
Imperial Hotel, Ltd.
Listing:
Tokyo Stock Exchange
Securities code:
9708
URL:
https://www.imperialhotel.co.jp/en?stt_lang=en
Representative:
Hideya Sadayasu, President
Inquiries:
Ryuta Suzuki, Director of Finance Department
Telephone:+81-3-3504-1111
Scheduled date to commence dividend payments:—
Preparation of supplementary material on financial results:
None
Holding of financial results briefing:
None(Yen amounts are rounded down to millions, unless otherwise noted.)

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)
Net sales
Three months ended(Percentages indicate year-on-year changes.)

Operating profit

Profit attributable toowners of parent

Ordinary profit

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

June 30, 2024

13,326

6.9629(15.7)693(13.8)684(13.3)

June 30, 2023

12,472

32.2

747

—

804

—

789

—

Note: Comprehensive income

For the three months ended June 30, 2024:
For the three months ended June 30, 2023:

Basic earnings
per share
Three months ended¥673 million¥970 million[(30.6%)][—%]

Diluted earnings
per share
Yen

Yen

June 30, 2024

5.77

—

June 30, 2023

6.65

—

Reference: EBITDA (ordinary profit + interest expenses + depreciation and amortization)
For the three months ended June 30, 2024:¥1,374 million
For the three months ended June 30, 2023:¥1,431 million
Note:

Imperial Hotel conducted a 2-for-1 share split that was effective as of October 1, 2023.
Accordingly, diluted earnings per share is calculated on the assumption that this share split was conducted at thebeginning of the previous consolidated fiscal year.

(2) Consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Millions of yen

Millions of yen

June 30, 2024

62,09643,235

69.6

March 31, 2024

65,70643,036

65.5Reference:Equity
As of June 30, 2024:
As of March 31, 2024:¥43,235 million¥43,036 million%

2. Cash dividends
Annual dividends per shareFirst quarter-end

Second quarter-end

Third quarter-end

Yen

Yen

Yen

Fiscal year ended
March 31, 2024
Fiscal year ending
March 31, 2025—

Fiscal year-end

Total

Yen

Yen

4.00

—

4.00

—

2.00

—

4.00

6.00

—

Fiscal year ending
March 31, 2025
(Forecast)

Note: Revisions to the forecast of cash dividends most recently announced: None
Imperial Hotel conducted a 2-for-1 share split that was effective as of October 1, 2023. Concerning the dividend per share for the endof the six months of fiscal year ended March 31, 2024, we have indicated the actual dividend amount prior to the share split.
Assuming that the share split had been executed at the beginning of the previous consolidated fiscal year, the dividend per share forthe end of the six months of fiscal year ended March 31, 2024 would be ¥2, and the annual dividend per share would be ¥6.

3. Consolidated financial forecast for the fiscal year ending March 31, 2025 (April 1, 2024 – March 31, 2025)(Percentages indicate year-on-year changes in the full year row and the ratio of change compared to the same quarter of the previousyear in the quarter row)
Net sales

Millions of yen

Operating profit% Millions of yen

Second quarter(total)25,000

3.1

Full year

53,000(0.6)

Note:

Ordinary profit% Millions of yen
0 (100.0)

1,500(47.2)

Profit attributable toowners of parent%Yen

200 (79.0)

150 (83.8)

1.26

1,850 (43.9)

1,800 (46.7)

15.17

Revisions to the consolidated financial forecast most recently announced: Yes% Millions of yen

Basicearnings
per share

* Notes(1) Significant changes in the scope of consolidation during the period: None
Newly included: — companies
Excluded:— companies(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements:None(3) Changes in accounting policies, changes in accounting estimates, and restatement(i) Changes in accounting policies due to revisions to accounting standards and other regulations: None(ii) Changes in accounting policies due to other reasons: None(iii) Changes in accounting estimates: None(iv) Restatement: None(4) Number of issued shares (common shares)(i)

Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2024

118,800,000 shares

As of March 31, 2024

118,800,000 shares(ii) Number of treasury shares at the end of the period
As of June 30, 2024

151,976 shares

As of March 31, 2024

151,976 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscalyear)
Three months ended June 30, 2024

118,648,024 shares

Three months ended June 30, 2023

118,648,024 shares

Note: Imperial Hotel conducted a 2-for-1 share split that was effective as of October 1, 2023.
Accordingly, number of issued shares is calculated on the assumption that this share split was conducted at the beginning of theprevious consolidated fiscal year.

* Review of the Japanese-language originals of the attached consolidated quarterly financial statements bycertified public accountants or an audit firm: None
* Proper use of earnings forecasts, and other special matters
Statements about the future recorded herein are based on the information we currently possess and certain suppositions we deem
to be reasonable, and actual performance, etc. may differ greatly due to various factors.