Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2024
(Under IFRS)
Listed company:
Code No.:

Geniee Inc.
6562

Representative:(Title/post)

Contact liaison:(Title/post)

February 13, 2024
Listed stock exchange: TSE
URL https://en.geniee.co.jp
Representative Director,
President & CEO
Senior Executive Officer (CFO)and Head of Investment
Strategy Dept.

(Name) Tomoaki Kudo

Schedule date of first quarterFebruary 13, 2024
report submission:
Preparation of supplementarymaterial on financial results:Yes
Holding of financial results briefing: Yes(for institutional investors and analysts)(Name) Jun Kikukawa

TEL: +81-3-5909-8177

Schedule date to commence
dividend payments:―(amounts below one million yen rounded off)
1. Consolidated earnings for the second quarter of FY2023(April 1, 2023 - December 31, 2023)(1) Consolidated operating results
Net sales

3Q FY2023
3Q FY2022

Gross profit

Operating income

Income before
income taxes

millionyen%

millionyen%

millionyen%

million
yen%

5,892

24.9

4,520

20.0

1,236

54.1

1,079

4,718-3,766-

802-

841

Net income per share
3Q FY2023
3Q FY2022(% indicates YoY change)
Total
comprehensive
incomemillion%%yen

Net income
attributable toowners of the parent

Net income
millionyen%

million
yen

28.2

867

37.5

861

35.5

1,402

116.8

-

630-

635-

646-

Diluted net income per share
Yen

Yen

48.69

48.67

35.94

35.92

(2) Status of consolidated finances

million yen

million yen

million yen

Ratio of equity
attributable to owners of
the parent to total assets%

18,431

6,475

6,430

34.9

17,855

5,033

4,994

28.0

Total assets

3Q FY2023
FY2022Equity attributable toowners of the parent

Total equity

2. Status of dividends
Total annual dividends

FY2022
FY2023
FY2023(forecast)End of 1Q

End of 2Q

End of 3Q

Year-end

Yen

Yen

Yen

Yen

Yen

－

0.00

－

0.00

0.00

－

0.00
－

0.00

0.00

0.00

－

1Total－3. Consolidated earnings forecast for FY2023 (April 1, 2023 to March 31, 2024)
Revenue

FY2023Gross profit(% indicates YoY change)

Income before
income taxes

Operating Income

Net income
attributable toowners of theparent

Net income

Basicearnings
per share

millionyen%

millionyen%

millionyen%

millionyen%

millionyen%

million
yen%

(Yen)

8,400

30.1

6,600

28.4

1,800

△26.7

1,500

△34.2

1,300

△38.4

1,300

△38.5

73.50

(Note) Revision of earnings forecast from the most recently announced forecast: None.

*Notes(1) Movement of important subsidiaries during consolidated cumulative quarter under review (movements of designatedsubsidiaries incidental to change in scope of consolidation): None.

(2) Changes in accounting principles, changes in accounting estimates, and restatements
1) Change in accounting principles incidental to revisions to accounting standards, etc.:Yes2) Changes in accounting principles other than 1): None
3) Changes in accounting estimates: None

(3) Number of issued shares (common stock)1) Number of shares issued at end of fiscal
year (including treasury stock)

3Q FY2023

18,052,200

shares

FY2022

2) Treasury stock as of end of term

3Q FY2023

346,876

shares

FY2022

3) Average number of shares during fiscalyear (cumulative quarter)

3Q FY2023

17,690,913

shares3Q FY2022

18,048,200 shares
365,276

shares17,696,457 shares*The quarterly earnings summary is not subject to quarterly review by the public certified accountant or auditing firm.
*Explanation concerning appropriate use of earnings forecasts and other special notes(Cautionary statement regarding forward-looking statements)
Earnings forecasts and other forward-looking statements indicated in these materials, are based on information available andcertain assumptions deemed reasonable at the time. Statements in these materials do not constitute any guarantee of actualperformance. Actual business results may differ substantially due to several factors.
(Method of obtaining notes on quarterly financial statements)
Notes on quarterly financial statements will be published to our website on February 13, 2024.

－2－

Consolidated Financial Statements
Consolidated Statements of Financial Position

AssetsCurrent assets
Cash and cash equivalents
Trade and other receivables
Inventories
Other financial assets
Other current assets
Total current assets
Non-current assets
Property, plant and equipment
Right of use asset
GoodwillIntangible assets
Other financial assets
Deferred tax assets
Other non-current assets
Total non-current assets
Total assets

Liabilities
Current liabilities
Trade and other payables
Borrowings
Lease liabilities
Income tax payable
Other current liabilities
Total current liabilities
Non-current liabilities
Borrowings
Lease liabilities
Provisions
Other financial liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities
EquityShareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Other components of equity
Equity attributable to owners of the parent
Non-controlling interests
Total equity
Total liabilities and equity－3－

As of March 31, 2023

(Thousands of yen)
As of December 31, 2023

2,875,883
2,446,381
1,012
6,606
341,633
5,671,516

2,419,392
2,952,864
266
7,671
409,7885,789,982

471,006
502,184
9,423,377
1,183,418
479,582
99,432
24,636
12,183,637
17,855,154

446,106
276,605
9,927,914
1,497,853
395,103
68,35529,845
12,641,784
18,431,767

As of March 31, 2023

(Thousands of yen)
As of December 31, 2023

1,828,382
7,255,607
356,602136,264
751,307
10,328,164

1,830,551
7,217,536
192,103
192,314724,776
10,157,283

1,102,048
177,790
178,167
1,020,927
14,8882,493,821
12,821,986

934,616
96,812
179,026
571,476
17,457
1,799,390
11,956,673

1,549,591
1,145,229
2,545,093△329,828
84,765
4,994,852
38,316
5,033,168
17,855,154

1,551,408
1,166,220
3,406,526△312,378
619,0326,430,809
44,284
6,475,093
18,431,767

Consolidated Statements of Income(Thousands of yen)
For the fiscal year
For the fiscal year
ended December 31, 2022 ended December 31, 2023
4,718,094
5,892,214

Revenue
Cost of sales

951,493

1,372,155

Gross profit

3,766,600

4,520,059

Selling, general and administrative expenses

2,917,941

3,837,255

Other income

30,372559,795

Other expenses

76,348

5,708

Operating profit

802,683

1,236,890

Financial income

79,98624,892Financial expense

40,861

182,613

Income before income taxes

841,808

1,079,169

Income taxes

210,942

211,691

Net income

630,866

867,477

Owners of the parent

635,927

861,433

Non-controlling interests△5,061

6,044

Net income

630,866

867,477

Basic (Yen)

35.94

48.69

Diluted (Yen)

35.92

48.67

Net income attributable to:Interim earnings per share－4－

Consolidated statements of cash flows
For the fiscal year
ended December 31, 2022

(Thousands of yen)
For the fiscal year
ended December 31, 2023

Cash flows from operating activities
Profit before income taxes

841,808

Depreciation and amortization

467,088545,923－△549,682

Other income

1,079,169

Other expense

75,000－Financial income△79,986△24,892

Financial expense

40,861

182,613

Decrease (increase) in trade and other receivables

56,975△458,068△508745△46,317△36,023

Others31,25442,932

Subtotal

1,386,177

782,717

9,974

7,868

Interest paid

△23,830△68,677

Income taxes refund (paid)△282,459△65,550

Decrease (increase) in inventories
Increase (decrease) in trade and other receivables

Interest and dividends received

Miscellaneous expenses and other paid

△75,000－

Net cash provided by (used in) operating activities

1,014,862

656,358

Purchase of property, plant and equipment△108,365△12,834

Purchase of intangible assets

Cash flows from investing activities△472,816△588,969

Proceeds from sale of intangible assets－16,386

Net decrease (increase) in short-term loans receivable

－

△173

Proceeds from sale of investment securities－

144,520

Purchase of investment securities－△45,000

Payments for acquisition of subsidiaries△70,000－

Payments of leasehold and guarantee deposits△47,923△67,095

Proceeds from refund of invested capital

2,164

－

Payments for acquisition of businesses－△20,000

Others473,576△696,894△569,589－3,491

Net increase (decrease) in short-term loans payable

32,800△72,800

Proceeds from long-term borrowings

450,000

400,000

Repayments of long-term borrowings△355,746△532,703

Repayments of lease obligations△213,892△263,797

Net cash provided by (used in) investing activities
Cash flows from financing activities
Proceeds from issuance of shares

Purchase of treasury shares△31,261－

Net cash provided by (used in) financing activities△118,099△465,809

Effect of exchange rate change on cash and cash equivalents

34,627△77,450

Net increase (decrease) in cash and cash equivalents

234,496△456,490

Cash and cash equivalents at beginning of period

1,476,761

2,875,883

Cash and cash equivalents at end of period

1,711,258

2,419,392－

5－