Summary of Business Results for the Third Quarter Ended December 31, 2023
[Japan GAAP] (Consolidated)
February 14, 2024
Akatsuki Corp.
Listed on the TSE8737
URL: https://www.akatsuki-fg.com/
Hideaki Shimane, President and Representative Director
Michihiro Kitano, Director, Executive Officer, Manager ofContact
T E L: +81-3-6821-0606
President’s Office
Expected date of filing of quarterly report: February 14, 2024
Expected starting date of dividend payment: Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: NoneCompany
Stock CodeRepresentative（Rounded down to million yen）

1. Consolidated business results for the nine months ended December 2023
(April 1, 2023 through December 31, 2023)(1) Consolidated results of operations
Operating revenues
Million yen%(% change from the previous corresponding period)

Net operating
revenues

Million yen

Operating income%

Nine months ended
34,351
33.9
14,325
35.8
Dec. 2023
Nine months ended
25,650-4.9
10,548-20.7
Dec. 2022(Reference) Net income before income taxes
Nine months ended December 2023: 2,845 million yen (440.9%)
Nine months ended December 2022: 526 million yen (-60.3%)(Note) Comprehensive income
Nine months ended December 2023: 1,965 million yen (605.1%)
Nine months ended December 2022: 278 million yen (-70.2%)
Net incomeper share
Nine months ended Dec. 2023
Nine months ended Dec. 2022

Yen
61.89
8.96

Net income attributable toowners of parent

Ordinary income

Million yen%

Million yen%

Million yen%

2,488

246.0

2,873

476.3

1,899

590.5

719

-48.5

498

-57.1

275

-71.2

Diluted net income pershare
Yen-(2) Consolidated financial position
Total assets
As of Dec. 2023
As of Mar. 2023

Net assets

Million yen
88,213
69,275

Million yen
16,07914,857

Shareholders’ equity
ratio%
17.5
20.6

Net assets per
shareYen
507.50464.72(Reference) Shareholders’ equity
As of December 2023: 15,481 million yen
As of March 2023: 14,304 million yen

2. Dividends

Year ended Mar. 2023

End of 1Q
Yen-

End of 2Q
Yen
9.50

Annual dividend
End of 3Q
Yen-

Year-end

Yen
9.50

TotalYen
19.00

Year ending Mar. 2024
9.50
Year ending Mar. 2024 (forecast)
11.5021.00(Note) Revisions to dividend forecast for the current quarter: Yes
Regarding the revision of the dividend forecast, please refer to the "Notice of Revisions to the Consolidated Business Forecasts for theFiscal Year Ending March 2024 and the Dividend Forecast" announced today (February 14, 2024).

- 1 -3. Forecast of consolidated business results for the fiscal year ending March 2024
(April 1, 2023 through March 31, 2024)
Operating revenues
Million yen(% change from the previous corresponding period)

Operating income%Million yen

Net income attributable toowners of parentOrdinary income%Million yen%

Million yen

Net income
per share%

Yen

Year ending
45,000
14.4
3,000
66.4
3,400
133.2
2,200
181.7
71.78
Mar. 2024(Note) Revisions to business forecast for the current quarter: Yes*As reference information, the Company also discloses "Forecast of Consolidated Earnings before Income Taxes and Minority Interests" asfollows.
Income before income taxes and minority interests: 3,400 million yen (131.3%)
Regarding the revision of the forecast of consolidated business results, please refer to the "Notice of Revisions to the Consolidated Business
Forecasts for the Fiscal Year Ending March 2024 and the Dividend Forecast" announced today (February 14, 2024).

*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes in thescope of consolidation): None
(2) Applications of simplified accounting procedures and specific accounting procedures: None
(3) Changes in accounting policies, accounting estimates and restatement①Changes in accounting policies associated with revision of accounting standards②Changes in accounting policies other than ①③Changes in accounting estimates④Restatement: None: None: None
: None(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of December 2023
34,029,544 shares
As of March 2023
34,029,544 shares②Treasury stock at the end of period
As of December 2023
3,525,050 shares
As of March 2023
3,248,074 shares③Average number of stock during period (quarterly cumulative period)
Nine months ended December 2023
30,692,930 shares
Nine months ended December 2022
30,705,268 shares(Note) The number of treasury stock which is deducted for calculating the number of treasury stock during period and the average number ofshares during the period includes the shares of the Company owned by the ESOP Trust Account and the BBT Trust Account.

*Quarterly financial summary is not subject to the quarterly review procedures by certified public accountants
or auditing firms.
*Explanation regarding appropriate use of business forecasts and other special instructions
Forecasts regarding future performance in this material are based on information currently available to the company andcertain assumptions that the company deems to be reasonable at the time this report was prepared. Actual results may differ
significantly from the forecasts due to various factors.
This document is an English translation of a Japanese announcement made on the date above. Although the we
intended to faithfully translate the Japanese document into English, the accuracy and correctness of this English
translation is not guaranteed and thus you are encouraged to refer to the original Japanese document.

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