[Translation]
June 25, 2024
Kakuyasu Group Co.,Ltd.
Representative Director and President

Yoshiyuki Maegaichi（Ticker Code：7686 Tokyo Stock Exchange Standard Market）
Inquiry toExecutive Officer

Hiroyuki Yamamoto
TEL: 81-3-5959-3088

Results of Unlisted Parent Company

This is to announce the latest financial results for the fiscal year ending March 2024 of SKY
Group Holdings Co., Ltd., an unlisted parent company of the Company with the following.

1. Overview of the unlisted parent company(1) Company NameSKY Group Holdings Co., Ltd.
(2) Headquarters
Room 907, Yamaman Building, 1-12 Kanda Suda-cho,
Chiyoda-ku, Tokyo(3) Company Representative:
Jiro Soma, Representative Director and President(4) Business:
Asset management and real estate rental business(5) Paid-in Capital:
JPY 10 million(6) Relationship with the Company
i. Capital relationship:
Voting rights in the Company held by the parent
company: 47.07%, as of March 31, 2024
ii. Personnel relationship:
No personnel relationship with the company.
iii. Transactional relationship:
No business relationship with the company.
2. Shareowners of SKY Group Holdings Co.,Ltd.
(1) Company NameSprout Limited.
(2) HeadquartersRoom 907, Yamaman Building, 1-12 Kanda Suda-cho,Chiyoda-ku, Tokyo(3) Ownership
100.0%
3. Brief Bio of the representative of SKY Group Holdings Co.,Ltd.
(1) Name
Jiro Soma(2) Representative Director
since June 2018and President(3) Prior
Nikka Whisky: 1977 - 2001
Asahi Breweries: 2001 - 2010
Asahi Business Produce: 2010 - 2014
Niigata Prefecture Sado Deep Sea Water: 2014 - 2018
(4) Concurrently serve as
Representative Director and President of Space Art JubanCo., Ltd. since May 2020
14. Financial statements of the parent company
Balance Sheet（As of March 31, 2024）（JPY thousand）
Amount（Assets）
Current assets
Cash and deposits
Operating accounts
receivable
Supplies
Prepaid expenses
Short-term loans receivable
Unreceivable refundable
consumption tax, etc.
Unreceivable refund
corporate tax, etc.
OthersNon-current assets
Property, plant and equipment
Tools, furniture andfixtures
Intangible assets
SoftwareInvestments and other assets
Shares of subsidiaries andassociates
Investments in capital
Investments in capital ofsubsidiaries and associates
Long-term loans receivablefrom subsidiaries andassociates
Deferred Tax Asset
Investment property

Amount（Liabilities）
Current liabilities
Short-term borrowings
Current portion of
long-term borrowings
Accrued payable
Accrued expenses
Deposits received

1,649,536
280,316
1,650
4
2,005
1,349,500
0Unearned revenue
Accrued consumption tax
payableAccrued income tax payableNon-current liabilities
Long-term borrowings

15,718340
7,212,056
751
751

Others1,425,312
1,000,000
303,036
236
2,462
4,439
12,381
101,806950
6,066,823
6,008,844
57,9792,323
2,323
7,208,981

Total liabilities（Net assets）
Shareholders' equity

7,492,135
1,369,457

2,459,611

Share capital

10,00010

Capital surplus

1,099,285

145,139

Legal capital surplus

2,500

812,500

Other capital surplus

1,096,785

709,375
3,079,841

Retained earnings
Other retained earnings
Retained earnings
brought forward
Total net assets
Total liabilities and net assets

260,171
260,171

Others2,502

Total assets

8,861,592

2260,171
1,369,457
8,861,592

Statement of Income（from April 1, 2023 to March 31, 2024）（JPY thousand）
AmountSales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit (loss)
Non-operating income
Interest income
Gain on investments in limited liability partnership
OthersNon-operating expenses
Interest expenses
Recurring profit (loss)
Extraordinary losses
Loss on liquidation of subsidiaries
Interest tax of past years
Profit（loss）before income taxes
Income taxes
Income taxes
Corporate tax adjustment
Profit（loss）

355,292
59,508295,784
253,049
42,735
13,28632,549946,04538,594

38,59450,18632,20052,87432,20053,166(2,980)446,222(709,375)(263,152)
260,171

Disclaimer: This is an English translation of the disclosure. This translation is prepared andprovided for the reader’s convenience.

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