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 9, 2024

Consolidated Financial Results
for the Three Months Ended May 31, 2024
(Under Japanese GAAP)
Company name:AEON DELIGHT Co., Ltd.
Listing:
Tokyo Stock Exchange
Securities code:
9787
URL:
https://www.aeondelight.co.jp
Representative:
Kazumasa Hamada, President and CEO, Group CEO
Inquiries:
Emiko Ishii, Executive Officer, General Manager of President’s OfficeTelephone:+81-3-6895-3892
Scheduled date to file quarterly securities report:
July 16, 2024
Scheduled date to commence dividend payments:
Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results briefing:
None(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the three months ended May 31, 2024 (from March 1, 2024 to May 31,2024)(1) Consolidated operating results (cumulative)
Net sales
Three months ended(Percentages indicate year-on-year changes.)

Operating profitMillions of yen

Profit attributable toowners of parent

Ordinary profit%

Millions of yen%

Millions of yen%

Millions of yen%

May 31, 2024

81,121

2.5

3,267

-5.2

3,350

-3.9

2,597

12.9

May 31, 2023

79,118

10.2

3,447

5.0

3,487

5.7

2,299

2.4

Note: Comprehensive income

For the three months ended May 31, 2024:
For the three months ended May 31, 2023:

Basic earnings
per share
Three months ended¥3,219 million¥2,636 million[22.1%][-9.4%]

Diluted earnings
per share
YenYenMay 31, 2024

53.55

53.52

May 31, 2023

46.79

46.75

(2) Consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Millions of yen

Millions of yen%

May 31, 2024

159,073

104,995

65.3

February 29, 2024

160,257

104,21264.3

Reference:

EquityAs of May 31, 2024:
As of February 29, 2024:¥103,802 million¥103,090 million-1-2. Cash dividends
Annual dividends per shareFirst quarter-end

Second quarter-end

Third quarter-end

Yen

Yen

Yen

Yen

Yen-

43.00

–43.00

86.00

43.00

-44.0087.00

Fiscal year ended
February 29, 2024
Fiscal year ending
February 28, 2025

Fiscal year-end

Total-

Fiscal year ending
February 28, 2025
(Forecast)

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

3. Forecast of consolidated financial results for the year ending February 28, 2025 (from March 1, 2024
to February 28, 2025)(Percentages indicate year-on-year changes.)
Net sales

Full year
Note:

Operating profit

Basicearnings pershare

Profit attributable toowners of parent

Ordinary profit

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

340,0004.7

16,0005.0

16,0003.3

10,400-2.9

216.07

1. Revisions to the forecast of financial results most recently announced: None
2. At the meeting of the Board of Directors held on April 9, 2024, the Company resolved to acquire treasury stock. "Basicearnings per share" in the forecast of consolidated financial results for the year ending February 28, 2025, is based on theimpact of the acquisition of treasury stock.

-2-* 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 May 31, 2024

49,169,633 shares

As of February 29, 2024

49,169,633 shares(ii) Number of treasury shares at the end of the period
As of May 31, 2024

736,747 shares

As of February 29, 2024

634,347 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscalyear)
Three months ended May 31, 2024

48,502,211 shares

Three months ended May 31, 2023

49,153,561 shares* Quarterly financial results reports are exempt from quarterly review conducted by certified public accountantsor 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 may differ significantly from the forecasts due to various factors.

-3-

Quarterly Consolidated Financial Statements and Significant Notes(1) (Quarterly Consolidated Balance Sheets)
Previous Fiscal Year(February 29, 2024)
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract assets
Electronically recorded monetary claims
Securities
Inventories
Other
Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Buildings and structures, netTools, furniture and fixtures, net
Land
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total noncurrent assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investment and other assets
Total noncurrent assets
Total assets-4-(Million yen)
Current First Quarter(May 31, 2024)

68,35051,519
5,237
7,903
2,858
4,274
-164
139,980

62,33549,509
8,097
8,008
2,840
7,571
-152
138,209

1,358
2,948
193
1,984
6,484

1,329
2,827
193
2,138
6,488

2,203
3,894
6,098

2,022
3,978
6,001

4,123
3,590
-19
7,693
20,277160,257

4,217
4,176
-19
8,374
20,863
159,073

Previous Fiscal Year
(February 29, 2024)
Liabilities
Current liabilities
Notes and accounts payable-trade
Electronically recorded obligations - operatingShort-term borrowings
Accounts payable
Income taxes payable
Provision for bonuses
Accrued directors' and corporate auditors' remuneration
Other
Total current liabilities
Noncurrent liabilities
Provision for directors' retirement benefits
Retirement benefit liability
Asset retirement obligations
Other
Total noncurrent liabilities
Total liabilities
Net assets
Shareholder’s equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Other accumulated comprehensive income
Valuation difference on securities
Foreign currency translation adjustmentsRemeasurements of defined benefit plans
Total other accumulated comprehensive income
Share subscription rights
Non-controlling shareholders' equity
Total net assets
Total liabilities and net assets-5-(Million yen)
Current First Quarter(May 31, 2024)

29,292
5,667
378
7,525
2,572
1,459
67
6,481
53,44527,218
4,759
578
6,567
1,577
2,720
16
7,500
50,939

57
753
418
1,369
2,599
56,044

56
1,096
418
1,567
3,139
54,0783,238
532
97,918-1,77999,9093,238
532
98,428-2,162100,037

1,212
1,951
173,18168
1,054
104,212160,257

1,264
2,467
32
3,765
82
1,110
104,995
159,073(2) Quarterly Consolidated Statement of Income and Quarterly Statement of Comprehensive Income(Quarterly Consolidated Statement of Income)(For the three months period)(Million yen)Previous First Quarter(March 1, 2023May 31, 2023)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividends income
Equity in income of affiliates
OtherTotal non-operating income
Non-operating expenses
Interest expenses
OtherTotal non-operating expenses
Ordinary profit
Profit before income taxes
Income taxes - current
Income taxes-deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent-6-Current First Quarter(March 1, 2024May 31, 2024)
79,11868,891
10,226
6,778
3,447

81,12170,71910,402
7,134
3,267

17
34
24
17
94

35
41
26
18
122

4
50
54
3,487
3,487
1,300
-136
1,163
2,324
24
2,299

8
30
39
3,350
3,350
835
-111
724
2,625
28
2,597

(Quarterly Consolidated Statement of Comprehensive Income)(For the three months period)(Million yen)

ProfitOther comprehensive income
Valuation difference on securities
Foreign currency translation adjustments
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests-7-

Previous First Quarter(March 1, 2023May 31, 2023)
2,324

Current First Quarter(March 1, 2024May 31, 2024)
2,625

57
238
16312
2,636

52525
16593
3,219

2,608
28

3,181
37

(3) Notes on quarterly consolidated financial statements(Notes on going concern assumption)
Not applicable.
(Notes if there is a significant change in the amount of shareholders' equity)
At the meeting of the Board of Directors held on April 9, 2024, the Company resolved to acquire treasury
stock pursuant to the provisions of Article 156 of the Companies Act, which is applied by replacing the terms
pursuant to the provisions of Article 165-3 of the same Act, and acquired 102,400 shares of treasury stock. As
a result, treasury stock increased by 382 million yen in the three months period of the fiscal year under review.
As a result, treasury stock at the end of the first quarter of the current fiscal year amounted to -2,162 millionyen.

-8-