[Translation]

June 30, 2022

Kakuyasu Group Co.,Ltd.
Representative Director and President

Akihiko Tajima（Ticker Code：7686 Tokyo Stock Exchange Standard Market）
Inquiry toDirectorYoshiyuki Maegaichi

Results of Unlisted Parent Company

This is to announce the latest financial results for the fiscal year ending March 2022 of SKY
Group Holdings Co., Ltd., an unlisted parent company of the Company as follows.

1. Overview of unlisted parent company(1) Name of parent company
SKY Group Holdings Co., Ltd.
(2) Headquarters
Room 907, Yamaman Building, 1-12 Kanda Sudacho, Chiyoda-ku, Tokyo(3) Company Representative:
Jiro Soma, Representative Director and President(4) Business:
Asset management and real estate rental business
JPY 10 million（as of March 31, 2022）(5) Paid-in Capital

2. Shareowners of SKY Holdings Co.,Ltd.
(1) Company Name
Sprout 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 2018
and President since(3) PriorNikka 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 Juban
Co., Ltd. since May 2020

14. Financial statements of the parent company
Balance Sheet（As of March 31, 2022）（JPY thousand）
Account

Amount（Assets）
Current assets
Cash and deposits

Account

AmountOperating accounts receivable

14,300

Supplies
Prepaid expenses
Short-termloans receivable
Unreceivable refundable
consumption tax, etc.
Unreceivable refund corporatetax, etc.
OthersNon-current assetsProperty, plant and equipment
Tools, furniture and fixtures
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

178,158
1,346,000（Liabilities）
Current liabilities
Short-term borrowings
Current portion of
long-term borrowings
Accounts payable – otherAccrued expenses
Deposits received

43,598

Unearned revenue

15,701

24,905

Non-current liabilities

6,640,746

1,679,986
242,766240
9,523,154
1,677
1,677
4,166
4,166
9,517,310

Allowance for doubtful
accounts
Total assets

152
720
3,280

6,532,767
107,979

Total liabilities（Net assets）
Shareholders' equity

10,047,637
1,155,503

2,459,611

Share capital

10,00010

Capital surplus

1,663,649

197,416

Legal capital surplus

2,500

789,900

Other capital surplus

1,661,149

2,502△

627,036

Long-term borrowings
Others1,227,271
6,067,869

Others3,406,890
2,760,000

1,227,271

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

11,203,140

2△△

518,145
518,145△

518,145
1,155,503
11,203,140

Statement of Income（from April 2021 to March 31, 2022）（JPY thousand）
Account

AmountSales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit (loss)
Non-operating income
Interest income
Dividend income
Refund income
OthersNon-operating expenses
Interest expenses
Investment partnership operating loss
OthersOrdinary profit (loss)
Extraordinary income
Gain on sale of affiliated company stocks
Extraordinary losses
Loss on retirement of non-current assets
Loss on valuation of stocks of affiliated companies
Provision for loss on sales of fixed assets
Profit（loss） before income taxes
Income taxes - current
Profit（loss）

429,780
112,714317,066
245,970
71,096
18,170081,398190

99,75946,16923,104381

69,654
101,201

451,839778
66,963
1,227,271

451,839

1,295,013
741,972950△742,922△950

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

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