Note: This document has been translated from a part of 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.

February 13, 2024

Consolidated Financial Results
for the Nine Months Ended December 31,2023(Under Japanese GAAP)
Company name: Traders Holdings Co., Ltd.
Listing:
Tokyo Stock Exchange (Standard Market)
Securities code:
8704
URL:
https://www.tradershd.com/
Representative:
Takayuki Kanamaru, Chairman and President
Inquiries:
Masayuki Niizuma, Executive Managing Director
Telephone:+81-3-6736-9850
Scheduled date to file quarterly securities report:
February 13,2024
Preparation of supplementary material on quarterly financial results:
None
Holding of quarterly financial results briefing:
None(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the Nine Months ended December 31,2023 (from April 1,2023 toDecember 31,2023)(1) Consolidated operating results (cumulative)
Net operating
revenue

Operating
Revenue
Nine Months ended

Millions ofyen(Percentages indicate year-on-year changes.)

Millions ofyen%

Operating profit%

Millions ofyen

Profit attributable toowners of parent

Ordinary profit%

Millions ofyen%Millions ofyen

December 31,2023
7,830
16.2
7,688 18.0
3,768
37.6
3,753
37.5
December 31,.2022
6,736
34.3
6,516 35.0
2,738
60.6
2,730
60.4
Note: Comprehensive income For the Nine Months ended December 31,2023: 2,889 Millions of yen [ 29.8%]
For the Nine Months ended December 31,2022: 2,225 Millions of yen [ 28.9%]
Basic earnings
per share

2,878
2,219%

29.7
29.2

Diluted earnings
per share

Nine Months ended

Yen

Yen

December 31,2023

100.74-

December 31,2022

76.43

-

(2) Consolidated financial position

As ofTotal assets

Net assets

Equity-to-asset ratio

Millions of yen

Millions of yen

Net assets per share%

Yen

December 31,2023

106,135

13,63212.8

487.48March 31,2023

88,317

11,97513.6

416.91

Reference

Equity: As of December 31,2023:
As of March 31,2023:

13,600 Millions of yen
11,975 Millions of yen

12. Cash dividends
Annual dividends per shareFirst quarter-end

Second quarter-end

Third quarter-end

YenYenYen

Fiscal year ended
March 31,2023
Fiscal year ending
March 31,2024

-

0.00

--

8.00

-

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

Yen

Yen

17.00

17.00

--

Note: Revisions to the forecast of cash dividends most recently announced: None
The year-end dividend forecast for the fiscal year ending March 31,2024 yet been determined at this point.

3. Financial Forecasts for the Fiscal Year Ending March 31,2024 (from April 1,2023 to March 31,2024)(Percentages indicate year-on-year changes.)
Operating
Revenue
Full yearOperating profit

Profit attributableto owners of parent

Ordinary profit

Basic earnings
per share

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

10,100

9.8

4,000

6.9

4,000

7.2

3,000

(6.8)

105.62

Note: Revisions to financial forecasts disclosed most recently: None2

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change
in scope of consolidation): None
(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 December 31,2023

29,538,647 shares

As of March 31,2023

29,538,647 shares(ii) Number of treasury shares at the end of the period
As of December 31,2023

1,639,604 shares

As of March 31,2023

815,364 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscalyear)
Nine Months ended December 31,2023

28,570,671 shares

Nine Months ended December 31,2022

29,034,701 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
Forecasts and other forward-looking statements in this document are based on information currently available tothe Company and certain assumptions deemed to be reasonable. Actual results may differ significantly from theforecasts due to various factors.
* This document is an English translation of a Japanese announcement made on the date above. Although the we
intended to faithfully translate the Japanese document into English, the accuracy and this English translation is
not guaranteed and thus you are encouraged to refer to the original Japanese document.

3

Quarterly Consolidated Financial Statements
ⅰ. Quarterly Consolidated Balance Sheets(Millions of yen)Previous fiscal year
(As of March 31, 2023)
AssetsCurrent assets
Cash and deposits
Work in process
Segregated deposits
Segregated deposits for customers
Other segregated deposits
Trading products
Short-term guarantee deposits
Margin deposits for foreign exchanges
Margin deposits for crypto assets
Margin deposits for other assets
OtherAllowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings
Accumulated depreciation
Buildings, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
Intangible assets
Software
OtherInvestments and other assets
Investment securities
Long-term advance paid
Long-term deposits
Deferred tax assets
OtherAllowance for doubtful accounts
Total non-current assets
Total assets

4

Current quarter(As of December 31, 2023)

5,235
6
72,646
72,634
12
543
7,119
6,762
352
5
779
(10)
86,3207,527
287,46687,452
14
4
8,610
8,242
362
5
696
(0)
104,307

285
213
(6)
207
132
(54)
78
638
609
29
1,072
173
172
543
356
(173)
1,997
88,317

273
218
(39)
179
164(70)
93685
684
1869
80
169
348
440(169)
1,828
106,135

(Millions of yen)Previous fiscal year
(As of March 31, 2023)
Liabilities
Current liabilities
Trading products
Deposits received
Guarantee deposits received
Margin deposits received for foreign exchanges
Margin deposits received for crypto assets
Short-term borrowings
Current portion of long-term borrowings
Current portion of bonds payable
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Provision for retirement benefits for directors (andother officers)
Retirement benefit liability
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Foreign currency translation adjustment
Total accumulated other comprehensive income
Share acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets

5

Current quarter(As of December 31, 2023)

208
20
73,08372,949
134
860
72
100
288
181
411
75,226

1,92742
87,23087,110
119
1,206
102
600
384
510
92,004

600
463

429

16

29

36
0
1,115
76,34240
0498
92,503

1,564
901
9,768
(310)
11,922

1,564
961
11,930(920)
13,53652
52
11,97588,31763
63
31
0
13,632
106,135

ⅱ. Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (for the Nine Months)(Millions of yen)
Nine Months ended
December 31, 2022

Nine Months ended
December 31, 2023

Operating revenue
Commission received
Net trading income
Financial revenue
Other sales
Other70
6,3880270
562
7,579
1187
-

Total operating revenue
Financial expenses
Cost of sales

6,736
40
179

7,830
40
101

Net operating revenue
Selling, general and administrative expenses
Trading related expenses
Personnel expenses
Real estate expenses
Office expenses
Depreciation
Taxes and dues
Other

6,516

7,688

1,755
1,292
405
55
176
62
29

1,353
1,533
526
59
242
84
120

3,778

3,920

Operating profit
Non-operating income
Interest and dividend income
Subsidy income
Other

2,738

3,768

1
7222
0

Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Other11510441062

Total selling, general and administrative expenses

Total non-operating expenses

1920

Ordinary profit
Extraordinary income
Gain on sale of investment securities
Reversal of provision for bonuses

2,730

3,753

14-314361
86618

Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Impairment losses
Provision for loss on business liquidation
Head office relocation expenses
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitLoss attributable to non-controlling interests
Profit attributable to owners of parent

66932

2,674455-

3,724651
194455

846

2,219

2,877

-(0)

2,219

2,878

Quarterly Consolidated Statements of Comprehensive Income (for the Nine Months)(Millions of yen)
Nine Months ended
December 31, 2022
ProfitOther comprehensive income
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests

7

Nine Months ended
December 31, 2023

2,219

2,877

6
6
2,225

11
11
2,889

2,225

2,889

0(0)