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.

November 2, 2023

Consolidated Financial Results
for the Six Months Ended September 30, 2023
(Under Japanese GAAP)
Company name:
Listing:
Securities code:
URL:
Representative:

SWCC Corporation
Tokyo Stock Exchange
5805
https://www.swcc.co.jp
Takayo Hasegawa, President and Representative Director, Chairman of the Board of Directors
Group CEOInquiries:
Tetsuo Komata, Corporate Officer, Manager of Business Planning Dept., Business Strategy
Headquarters
Telephone:+81-44-223-0530
Scheduled date to file quarterly securities report:
November 7, 2023
Scheduled date to commence dividend payments:
December 4, 2023
Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results briefing:
Yes (for analysts)(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the six months ended September 30, 2023 (from April 1, 2023 toSeptember 30, 2023)(1) Consolidated operating results (cumulative)
Net sales
Six 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%

September 30, 2023

98,429

-3.8

4,463

3.5

4,469

2.5

3,291

-11.4

September 30, 2022

102,285

8.0

4,310

-14.0

4,361

-14.6

3,714

17.1

Note: Comprehensive income

For the six months ended September 30, 2023:
For the six months ended September 30, 2022:

Basic earnings
per share
Six months ended¥4,125 million¥3,086 million[33.7%][-15.9%]Diluted earnings
per share
Yen

Yen

September 30, 2023

110.05-September 30, 2022

124.37-(2) Consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Millions of yen

Millions of yen%

September 30, 2023

151,806

70,66945.9March 31, 2023

156,650

68,39043.1

Reference:

EquityAs of September 30, 2023:
As of March 31, 2023:¥69,742 million¥67,505 million

2. Cash dividends
Annual dividends per shareFirst quarter-end

Second quarter-end

Third quarter-end

Yen

Yen

Yen

Yen

Yen-0.00-60.0060.00-35.00-40.0075.00

Fiscal year ended
March 31, 2023
Fiscal year ending
March 31, 2024
Fiscal year ending
March 31, 2024
(Forecast)Fiscal year-end

Total

Note: Revisions to the forecast of cash dividends most recently announced: None

3. Forecast of consolidated financial results for the year ending March 31, 2024 (from April 1, 2023 toMarch 31, 2024)(Percentages indicate year-on-year changes.)
Net sales

Full year
Note 1:
Note 2:

Operating profit

Earnings pershareProfit attributable toowners of parent

Ordinary profit

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

215,000

2.8

11,5009.8

11,500

10.6

7,500

-20.3

250.69

Revisions to the forecast of financial results most recently announced: Yes
At the Board of Directors meeting on November 2, 2023, the Company resolved to purchase treasury shares. However, theimpact of the treasury share purchase is not considered in the “Earnings per share” forecast of consolidated financialresults.

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change
in scope of consolidation): Yes
Excluded:
1 company (SWCC Showa Cable Systems Co., Ltd.)(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements:
Yes(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 September 30, 2023

30,826,861 shares

As of March 31, 2023

30,826,861 shares(ii) Number of treasury shares at the end of the period
As of September 30, 2023

909,341 shares

As of March 31, 2023

945,577 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscalyear)
Six months ended September 30, 2023

29,905,199 shares

Six months ended September 30, 2022

29,867,860 shares* Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants
or an audit corporation.
* Proper use of earnings forecasts, and other special matters
The forward-looking statements regarding future performance in this material are based on information
currently available to the Company and certain assumptions that the Company deems to be reasonable at thetime this report was prepared. Therefore, the Company does not make promises about the achievements.
Actual results September differ significantly from the forecasts due to various factors.