Consolidated Financial Results for the Three Months Ended June 30, 2023
(Under Japanese GAAP)

July 31, 2023

Company name:
SMN Corporation
Stock exchange listing: TokyoSecurities code:6185
URL: https://www.so-netmedia.jp/en/
Representative:
Daisuke Imiya, President and Representative Director
Person to contact: Katsuya Suzuki, Corporate Officer
TEL: +81-3-5435-7930
Scheduled date of filing of quarterly securities report:
August 2, 2023
Scheduled date of dividend payments:–Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results briefing:
None(Amounts less than one million yen are rounded down)

1. Consolidated Financial Results for the Three Months Ended June 30, 2023 (April 1, 2023 to June 30, 2023)(Percentages indicate the change of the same period of the previous year.)(1) Consolidated Operating Results
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Three months ended

Million yen

June 30, 2023
June 30, 2022

%

2,330
3,146

Million yen(25.9)
0.6%

(203)
(49)

(Note) Comprehensive income:Million yen––%

(199)
(62)

Million yen––(154)
(80)%

––

For the three months ended June 30, 2023: (160 million yen) [–%]For the three months ended June 30, 2022: (85 million yen) [–%]

Basic earnings
per share
Three months ended

Diluted earnings
per share
Yen

June 30, 2023
June 30, 2022

Yen

(10.65)(6.00)––.

(2) Consolidated Financial Position
Total assets
As ofJune 30, 2023
March 31, 2023
(Reference) Equity capital:

Net assets

Equity ratio

Net assets per share

Million yen

Million yen%Yen

7,495
8,137

4,567
4,727

60.4
57.7

312.26323.55

As of June 30, 2023: 4,530 million yen

As of March 31, 2023: 4,693 million yen

2. Dividends
Annual dividends per share
1stquarter-end

2ndquarter-end

Yen
Fiscal year ended

Yen–

March 31, 2023

Fiscal year ending

3rdquarter-end

Year-end

Yen

Total

Yen

Yen

0.00

–

0.00

0.00

0.00

–

0.00

0.00

–

March 31, 2024

Fiscal year ending

March 31, 2024 (Forecast)(Note) Revisions to the forecast for dividends most recently announced:

None

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2024 (April 1, 2023 to March 31, 2024)(Percentages indicate the change of the same period of the previous year.)Net sales
Full year

Operating profit

Profit attributable toowners of parent

Ordinary profit

Basic earnings
per share

Million yen%

Million yen%

Million yen%

Million yen%

Yen

12,500

6.0

100

479.5

85–

45–

3.10(Note) Revisions to the forecast of cash dividends most recently announced:

None

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope ofconsolidation): 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 restatements
1) Changes in accounting policies due to revisions of accounting standards:
None2) Changes in accounting policies other than 1) above:None3) Changes in accounting estimates:
None4) Restatements:
None(4) Number of issued shares(common shares)
1) Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2023
14,673,727 shares
As of March 31, 2023
2) Number of treasury stock at the end of the period
As of June 30, 2023
166,656 shares
As of March 31, 2023
3) Average number of shares during the period
Three months ended June 30, 2023
14,507,071 shares
Three months ended June 30, 2022

14,673,727 shares
166,656 shares
13,382,190 shares* Financial results reports are exempt from audit conducted by certified public accountants or an audit corporation.
* Proper use of forecasts of financial results and other special matters(Notes on forward-looking statements)The forward-looking statements such as the forecasts of financial results stated in this document are based on the information
currently available to the company and certain assumptions that the company judges as rational. These statements are not guarantees
of future performance. Actual results may differ materially from the forecast depending on a range of factors.