[Translation]
June 27, 2023
Kakuyasu Group Co.,Ltd.
Representative Director and President

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

Hiroyuki Yamamoto

Results of Unlisted Parent Company

This is to announce the latest financial results for the fiscal year ending March 2023 of SKY
Group Holdings Co., Ltd., an unlisted parent company of the Company as follows.

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: 47.39%, as of March 31, 2023
ii. Personnel relationship:
No personnel relationship with the company.
iii. Transactional relationship:
No business relationship with the company.

2. Shareowners of SKY Holdings Co.,Ltd.
(1) Company NameSprout Limited.
(2) Headquarters
Room 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 DirectorJune 2018and President since(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 202014. Financial statements of the parent company
Balance Sheet（As of March 31, 2023）（JPY thousand）Amount（Assets）
Current assets
Cash and deposits
Operating accounts
receivable
Supplies
Prepaid expenses
Short-termloans 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
Distressed receivables
Investment property（Liabilities）
Current liabilities
Short-term borrowings
Current portion oflong-term borrowings
Accounts payable – otherAccrued expenses
Deposits received

1,445,657
146,035
1,980
14
2,919
1,281,500
02,750,387
155
716
3,159
23,781

Reserve for loss on sales of
fixed assets
OthersNon-current liabilities
Long-term borrowings

239
9,339,614
1,109
1,109

90,804
156,6223,890,359
3,782,380

Others107,979

3,223
3,223
9,335,281

Total liabilities（Net assets）
Shareholders' equity

1,109,285

2,459,611

Share capital

10,00010

Capital surplus

1,663,649

9,675,986

106,708

Legal capital surplus

2,500

788,700

Other capital surplus

1,661,149

1,195,071
5,977,749

Retained earnings
Other retained earnings
Retained earnings
brought forward

2,502
△

5,785,627
2,760,000

Unearned revenue

12,967

OthersAllowance for doubtful
accounts
Total assets

Amount△△564,363564,363△564,363

1,195,071

Total net assets

1,109,285

10,785,271

Total liabilities and net assets

10,785,271

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Statement of Income（from April 2022 to March 31, 2023）（JPY thousand）
AccountAmountSales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit (loss)
Non-operating income
Interest income
OthersNon-operating expenses
Interest expenses
Investment partnership operating loss
Ordinary profit (loss)
Extraordinary income
Reversal of allowance for doubtful accounts
Extraordinary losses
Provision for loss on sales of fixed assets
Profit（loss） before income taxes
Income taxes - current
Profit（loss）

342,442
117,518
224,923
176,565
48,357
13,127
1,128

14,25542,627
6,649

49,276
13,33632,20032,20090,80490,80445,26895046,218△950△Disclaimer: This is an English translation of the disclosure. This translation is prepared andprovided for the reader’s convenience.

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