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 11, 2023

Consolidated Financial Results
for the Three Months Ended May 31, 2023
(Under Japanese GAAP)
Company name:
Listing:
Securities code:
URL:
Representative:
Inquiries:

AEON DELIGHT Co., Ltd.
Tokyo Stock Exchange
9787
https://www.aeondelight.co.jp
Kazumasa Hamada, President and CEO, Group CEO
Emiko Ishii, Executive Officer, General Manager of President’s Office and ESG Promotion
OfficeTelephone:+81-3-6895-3892
Scheduled date to file quarterly securities report:
July 14, 2023
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, 2023 (from March 1, 2023 to May 31,2023)(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%

May 31, 2023

79,118

10.2

3,447

5.0

3,487

5.7

2,299

2.4

May 31, 2022

71,786

-

3,282

-

3,300-

2,246-

Note: Comprehensive income

For the three months ended May 31, 2023:
For the three months ended May 31, 2022:

Basic earnings
per share
Three months ended
May 31, 2023

¥2,636 million¥2,910 million[-9.4%][-%]

Diluted earnings
per share
YenYen

46.79

46.75

44.9144.88
May 31, 2022
Note: The "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020) and others are applied
since the beginning of the first quarter of the fiscal year under review. The figures for first quarter of the fiscal year ending
February 2023 are after the application of these accounting standards, and the year-on-year percentage changes are notpresented.

(2) Consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Millions of yen

Millions of yen%

May 31, 2023

149,916

98,56965.0

February 28, 2023

150,628

99,391

65.3

Reference:

EquityAs of May 31, 2023:
As of February 28, 2023:¥97,514 million¥98,396 million-1-2. Cash dividends
Annual dividends per shareFirst quarter-end

Second quarter-end

Third quarter-end

Yen

Yen

Yen

Yen

Yen-

42.00

-

43.00

85.00

43.00

-

43.00

86.00

Fiscal year ended
February 28, 2023
Fiscal year ending
February 29, 2024

Fiscal year-end

Total-

Fiscal year ending
February 29, 2024
(Forecast)

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

3. Forecast of consolidated financial results for the year ending February 29, 2024 (from March 1, 2023
to February 29, 2024)(Percentages indicate year-on-year changes.)
Net sales

Full year

Operating profit

Earnings pershare

Profit attributable toowners of parent

Ordinary profit

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

310,000

2.0

16,0001.2

16,0000.0

10,4002.4

214.32

Note: 1. Revisions to the forecast of cash dividends most recently announced: None
2. At the meeting of the Board of Directors held on October 4, 2022, the Company resolved to acquire treasury stock. "Earningsper share" in the forecast of consolidated financial results for the year ending February 29, 2024, is based on the impact 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, 2023

50,669,633 shares

As of February 28, 2023

50,669,633 shares(ii) Number of treasury shares at the end of the period
As of May 31, 2023

1,729,747 shares

As of February 28, 2023

1,270,047 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscalyear)
Three months ended May 31, 2023

49,153,561 shares

Three months ended May 31, 2022

50,021,215 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 may differ significantly from the forecasts due to various factors.

-3-2. Quarterly Consolidated Financial Statements and Significant Notes(1) Quarterly consolidated balance sheets(Million yen)Previous Fiscal Year
(February 28, 2023)
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, netLand
Other, net
Total property, plant and equipment
Intangible fixed assets
Goodwill
Other
Total intangible fixed assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investment and other assets
Total noncurrent assets
Total assets-4-Current First Quarter(May 31, 2023)

57,60047,065
8,825
7,008
2,363
6,766
-95
129,534

54,797
48,174
8,423
8,008
2,479
6,013
-137
127,758

1,494
2,967
434
1,604
6,499

1,424
3,289
394
1,703
6,812

3,046
3,324
6,371

3,176
3,410
6,587

4,021
4,220
-19
8,222
21,093
150,628

4,136
4,640
-20
8,757
22,157
149,916(Million yen)Previous Fiscal Year
(February 28, 2023)
Liabilities
Current liabilities
Notes and accounts payable-trade
Electronically recorded obligations - operating
Short-term borrowings
Accounts payable
Income taxes payable
Provision for bonuses
Accrued directors' and corporate auditors' remuneration
Allowance for sales discounts
OtherTotal current liabilities
Noncurrent liabilities
Long-term debt
Provision for directors' retirement benefits
Retirement benefit liability
Asset retirement obligations
Allowance for sales discounts
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 adjustments
Remeasurements 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-

Current First Quarter(May 31, 2023)

25,901
5,116
182
7,265
2,571
1,389
52
86
5,840
48,40626,083
4,582
335
6,443
1,480
2,589
16
60
7,018
48,610

74
1,187
419
11
1,137
2,830
51,237

34
49
1,149
420
6
1,075
2,735
51,346

3,238
4,739
91,421-3,41595,983

3,238
4,739
91,597-4,781
94,793

1,130
1,435
-153
2,413
86
908
99,391150,628

1,187
1,670
-137
2,721
99
955
98,569149,916(2) Quarterly Consolidated Statement of Income and Quarterly Statement of Comprehensive Income(Quarterly Consolidated Statement of Income)(For the three months period)(Million yen)
Current First Quarter(March 1, 2023May 31, 2023)

Previous First Quarter(March 1, 2022May 31, 2022)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Equity in income of affiliates
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary incomeGain on sales of investment security
Total extraordinary income
Profit before income taxes
Income taxes
Income taxes-deferred
Total income taxes
Net income
Net income attributable to owners of non-controlling shareholders
Net income attributable to owners of parent-6-71,786

79,11862,041
9,745
6,462
3,282

68,891
10,226
6,778
3,447

6
35
20
33
96

17
34
24
17
94

4
74
78
3,300

4
50
54
3,487

6
6
3,306
422
626
1,049
2,257
11
2,246

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

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

Net income
Other comprehensive income
Valuation difference on securities
Foreign currency translation adjustments
Remeasurements of defined benefit plans
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, 2022May 31, 2022)
2,257

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

55
583
14653
2,910

57238
16312
2,636

2,897
12

2,608
28

(3) Notes on quarterly consolidated financial statements(Notes on going concern assumption)
None(Notes if there is a significant change in the amount of shareholders' equity)
The Company resolved to acquire treasury stock pursuant to the provisions of Article 156 of theCompanies Act, which is applied by replacing the terms pursuant to the provisions of Article 165-3 ofthe same Act, and acquired 459,700 shares of treasury stock at the meeting of the Board of Directors
held on October 4, 2022. As a result, treasury stock increased by 1,366 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 thecurrent fiscal year amounted to -4,781 million yen.

-8-