Note: This document has been translated from a part of 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.

October 30, 2023

Consolidated Financial Results
for the Six Months Ended September 30, 2023
(Under Japanese GAAP)
Company name:
CAR MATE MFG. CO., LTD.
Listing:
Tokyo Stock Exchange
Securities code:
7297
URL:
https://www.carmate.co.jp/global/en/
Representative:
Masaru Tokuda, President and Chief Executive Officer
Inquiries:
Eiji Okumura, Executive OfficerTelephone:+81-3-5926-1211
Scheduled date to file quarterly securities report:
November 14, 2023
Scheduled date to commence dividend payments:
December 1,2023
Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results briefing:
Yes (for Analysts)(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the Six months ended September 30, 2023 (from April 1, 2023 toSeptember 30, 2023)(1) Consolidated operating results (cumulative)
Net sales
Six months ended(Percentages indicate year-on-year changes.)

Operating profit

Profit attributable toowners of parent

Ordinary profit

Millions of yen%

Millions of yen

September 30, 2023

7,314

3.7(128)

－(67)

－(54)

－

September 30, 2022

7,052

1.1(36)－96(83.9)

14(96.7)

Note: Comprehensive income%Millions of yen

For the Six months ended September 30, 2023:
For the Six months ended September 30, 2022:

Basic earnings
per share
Six months ended%¥193million¥531million

Millions of yen%[(63.5)%][(24.9)%]Diluted earnings
per share
Yen

Yen

September 30, 2023

(7.77)－

September 30, 2022

2.11－

(2) Consolidated financial position
Total assets
As ofEquity-to-asset ratio

Millions of yen

Millions of yen

September 30, 2023

20,891

14,576

69.8

March 31, 2023

20,86014,48869.5

Reference:2.

Net assets

EquityAs of September 30, 2023:
As of March 31, 2023:%¥14,576million¥14,488 million

Cash dividends
Annual dividends per share
1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2023

－

15.00

－

15.00

30.00

Fiscal year ending March 31, 2024

－

15.00
－

15.00

30.00

Fiscal year ending March 31, 2024
(Forecast)
Note: Revisions to the forecast of cash dividends most recently announced: NoneTotal

3． Earnings Forecast of Consolidated Financial Results for Fiscal Year Ending March 31, 2024（FromApril 1, 2023 to March 31, 2024）
Net sales

Full-year(Percentages indicate changes from the previous year)
Profit attributable to Earnings perOrdinary profit
owners of parentshare

Operating profit

Millions ofyen%Millions ofyen%Millions ofyen%Millions ofyen%

Yen

16,552(0.6)

307(35.2)

384(34.3)283(21.8)

40.12

Note: Revisions to recent business forecast: Yes* 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:
Yes(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 September 30, 2023

7,928,885 shares

As of March 31, 2023

7,928,885 shares(ii) Number of treasury shares at the end of the period
As of September 30, 2023

874,887 shares

As of March 31, 2023

874,824 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscalyear)
Three months ended September 30, 2023

7,054,030 shares

Three months ended September 30, 2022

7,054,071 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 earnings forecasts and other forward-looking statements herein are based on information that is available
and certain assumptions deemed reasonable as of the date of publication of this document. Actual results may
differ significantly from these forecasts due to various factors.