Note:

This document has been translated from 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.

Consolidated Financial Results
for the Nine Months Ended November 30, 2023
<Under Japanese GAAP>
January 15, 2024
TOHO CO., LTD.
Tokyo Stock Exchange/Fukuoka Stock Exchange
9602
https://www.toho.co.jp/
Hiro Matsuoka
Representative Director and President
Inquiries:
Harunori Kato
Senior Executive Officer in charge of Finance & Accounting, Corporate Management
Group
TEL:
+81-3-3591-1218
Scheduled date to file Quarterly Securities Report:
January 15, 2024
Scheduled date to commence dividend payments:–
Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results presentation meeting:
None
Company name:
Listing:
Securities code:
URL:
Representative:(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the nine months ended November 30, 2023 (from March 1,2023 to November 30, 2023)(1) Consolidated operating results (cumulative)
Operating revenue
Nine months ended
November 30, 2023
November 30, 2022

Millions of yen

Note: Comprehensive income

Operating profit%

203,100
179,738

13.0–

Millions of yen

41,61035,867

Profit attributable toowners of parent

Ordinary profit
%

16.0
–

Nine months ended November 30, 2023
Nine months ended November 30, 2022

Basic earnings per
share
Nine months ended
November 30, 2023
November 30, 2022

(Percentages indicate year-on-year changes.)

Millions of yen%

44,18240,913

Millions of yen

8.0–

28,402
27,138%4.7–¥41,374 million [52.6%]¥27,109 million [–%]

Diluted earnings per
share

Yen

Yen

162.68154.26––

Note: Please note that the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020), etc.
were adopted from the beginning of the fiscal year ended February 28, 2023, and each figure for the nine months
ended November 30, 2022, reflects the adoption of the accounting standard, etc. As such, year-on-year percentagechanges are not provided.

(2) Consolidated financial position
Total assets
Millions of yen
As ofNovember 30, 2023
564,677
February 28, 2023
534,097
Reference: Equity
As of November 30, 2023
As of February 28, 2023

Net assets
Millions of yen

454,252
423,691¥439,084 million¥409,306 million

Equity ratio
%

77.8
76.6

2. Cash dividends
Annual cash dividends per shareFirst quarter-end

Second quarter-end

Yen
Fiscal year ended
February 28, 2023
Fiscal year ending
February 29, 2024

Third quarter-end

Yen

Fiscal year-end

Yen

−

20.00

−

−

20.00

–

Total

Yen

Fiscal year ending
February 29, 2024
(forecast)

Yen

40.00

60.00

40.00

60.00

Note: Revisions to dividends forecasts most recently announced: None

3. Consolidated earnings forecasts for the fiscal year ending February 29, 2024 (from March 1, 2023
to February 29, 2024)(Percentages indicate year-on-year changes.)

Fiscal year ending
February 29, 2024

Basic
Profit attributable toearnings perowners of parent
share

Operating revenue

Operating profit

Ordinary profit

Millions ofyen%Millions ofyen%Millions ofyen%Millions of
yen

%

Yen

270,000

10.5

50,00011.4

54,00012.9

36,0007.7

206.20Note: Revisions to earnings forecasts most recently announced: None

* Notes(1) Changes in significant subsidiaries during the period: None
(2) Adoption of special accounting treatments for preparing quarterly consolidated financial statements:
None(3) Changes in accounting policies, changes in accounting estimates, and restatementa. Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
b. Changes in accounting policies due to other reasons: Nonec. Changes in accounting estimates: None
d. Restatement: None
(4) Number of issued shares (common shares)
a. Total number of issued shares at the end of the period (including treasury shares)
As of November 30, 2023

186,490,633 shares

As of February 28, 2023

186,490,633 sharesb. Number of treasury shares at the end of the period
As of November 30, 2023

11,897,267 shares

As of February 28, 2023

11,915,882 sharesc. Average number of shares during the period
Nine months ended November 30, 2023

174,586,049 shares

Nine months ended November 30, 2022

175,924,417 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(Caution regarding forward-looking statements and others)
The forward-looking statements, including earnings forecasts, contained in these materials are based on
information currently available to the Company and on certain assumptions deemed reasonable by theCompany. Actual results may differ significantly from these forecasts due to various factors. Please referto “(3) Consolidated earnings forecasts and other forward-looking statements” in “1. Qualitative
Information” on page 4 of the attached materials for the suppositions that form the assumptions forearnings forecasts and cautions concerning the use thereof.
(Availability of supplementary material on financial results)
The supplementary document on quarterly earnings is disclosed on the same day as the quarterly financial
results, and it is made available on the Company’s website.

TOHO CO., LTD. (9602)
Consolidated financial results for the nine months ended November 30, 2023

Attached Material
1. Qualitative Information ........................................................................................................................................................ 2(1) Details of operating results .............................................................................................................................................2(2) Details of financial position ............................................................................................................................................4(3) Consolidated earnings forecasts and other forward-looking statements .........................................................................4
2. Quarterly Consolidated Financial Statements and Significant Notes Thereto ...................................................................... 5(1) Quarterly consolidated balance sheet ..............................................................................................................................5(2) Quarterly consolidated statement of income and consolidated statement of comprehensive income .............................7(3) Quarterly consolidated statement of cash flows ..............................................................................................................9(4) Notes to quarterly consolidated financial statements ....................................................................................................10(Notes on going concern assumption) ...........................................................................................................................10(Notes on significant changes in the amount of shareholders’ equity) ..........................................................................10(Adoption of special accounting treatments for preparing quarterly consolidated financial statements) ......................10(Changes in accounting policies) ..................................................................................................................................10(Segment information, etc.) ..........................................................................................................................................11- 1 -TOHO CO., LTD. (9602)
Consolidated financial results for the nine months ended November 30, 2023

1.

Qualitative Information(1) Details of operating results
In the nine months ended November 30, 2023, the outlook for the Japanese economy remained
uncertain, mainly due to the risk of an economic downturn overseas and the effect of rising prices,
despite signs of moderate economic recovery in the context of an improved employment and income
environment.
Under these conditions, the Group worked towards promoting the business strategies and achieving
the numerical targets in the “Medium-term Management Plan 2025,” formulated in April 2022.
Regarding the operating results for the nine months ended November 30, 2023, operating revenue was¥203,100 million (up 13.0% year on year), operating profit was ¥41,610 million (up 16.0% year onyear), ordinary profit was ¥44,182 million (up 8.0% year on year) and profit attributable to owners ofparent was ¥28,402 million (up 4.7% year on year).
The operating results by segment are as follows.
Cinema businessIn the Production and Distribution business, TOHO CO., LTD. produced and released “GODZILLAMINUS ONE,” a film commemorating the 70th anniversary of Godzilla. Aside from that, TOHO CO.,LTD. had major hits with works that it produced collaboratively and distributed, including“DETECTIVE CONAN Black Iron Submarine,” which recorded box office receipts exceeding ¥10.0
billion, “The Boy and the Heron,” “KINGDOM: The Flame of Destiny,” “TOKYO MER: Mobile
Emergency Room - THE MOVIE,” and “Don’t Call it Mystery.” In addition, TOHO-TOWA Co., Ltd.
and others also distributed the major hit “The Super Mario Bros. Movie” along with the hits “Mission:
Impossible- Dead Reckoning Part One” and “Fast X.” As a result, operating revenue in the Production
and Distribution business was ¥33,198 million (up 13.9% year on year) and operating profit was¥11,668 million (up 7.0% year on year). The above operating revenue mainly consists of ¥25,513
million from distribution to movie theaters (up 30.6% year on year) and ¥956 million from thedomestic streaming of theatrical films (down 69.2% year on year).
In the Movie Theater Chain business, TOHO Cinemas Ltd. and others released works listed above in
addition to a rich variety of Japanese and international movies. The number of movie theater customers
in the nine months ended November 30, 2023 increased by 4.2% year on year to 30,865,000. TOHO
Cinemas Ltd. has revised its movie admission prices effective June 1, 2023 due to factors including
soaring energy prices and increased personnel expenses. As a result, operating revenue in the Movie
Theater Chain business was ¥58,956 million (up 11.7% year on year) and operating profit was ¥9,086
million (up 55.1% year on year). With regard to theater changes in the nine months ended November
30, 2023, TOHO Cinemas Ltd. opened “TOHO Cinemas LaLaport Kadoma” (9 screens) in Kadoma
City, Osaka Prefecture on April 17, 2023, and “TOHO Cinemas Susukino” (10 screens) in Chuo-ku,
Sapporo City, Hokkaido on November 30, 2023. As a result, the number of screens managed by the
corporate group increased by 19 to 740 throughout Japan (including 56 collaboratively managed
screens).
In the Production and Licensing business, TOHO CO., LTD. recorded revenue from distribution androyalties from merchandising rights in Japan and overseas for TOHO animation productions that it
had invested in, such as “JUJUTSU KAISEN,” “My Hero Academia,” “SPY x FAMILY,”“Dr.STONE,” “Haikyu!!,” “Frieren: Beyond Journey’s End,” and “The Apothecary Diaries,” as well
as revenue as a result of royalty from various platforms. In the Home Entertainment business, sales
grew for “Suzume,” and “As Long as We Both Shall Live” as well as the TOHO animation productions“JUJUTSU KAISEN,” “Onimai: I’m Now Your Sister!,” and “The Angel Next Door Spoils Me
Rotten.” In the Publishing and Merchandising business, sales were favorable for souvenir programs
and character goods for works distributed by the Group such as the movies “DETECTIVE CONAN
Black Iron Submarine,” “GODZILLA MINUS ONE,” “Doraemon the Movie: Nobita’s Sky Utopia,”and “As Long as We Both Shall Live.” In addition, sales of character goods of TOHO animation
productions contributed to operating revenue. TOHO Studios Co., Ltd. operated strongly as a resultof integrating the Production and Studio businesses. At TOHO EIZO BIJUTSU Co., Ltd. and TOHOSTAGE CRAFT Co., Ltd., orders began to recover for stage production and art production for movies,- 2 -TOHO CO., LTD. (9602)
Consolidated financial results for the nine months ended November 30, 2023

TV and commercials, etc. as well as for production services for display items in theme parks, inaddition to which, cost-reduction efforts were made. As a result, operating revenue in the Production
and Licensing business was ¥44,107 million (up 31.3% year on year) and operating profit was ¥8,925
million (up 42.8% year on year). The above operating revenue mainly consists of ¥18,987 million for
the use of animation contents (up 52.4% year on year), ¥4,875 million for sale of home entertainment(up 7.8% year on year) and ¥6,593 million for art production related to production and licensing works,etc. (up 9.6% year on year).
As a result, in the overall Cinema business, operating revenue was ¥136,262 million (up 18.0% year
on year) and operating profit was ¥29,680 million (up 28.9% year on year).
Theatrical businessIn the Theatrical business, the first musical adaptation of the hugely popular comic “SPY x FAMILY”
was unveiled at TOHO CO., LTD.’s Imperial Theatre and was completely sold out, and gained
attention as the first performance in Japan of “Moulin Rouge! The Musical” was fully booked out. In
addition, “Endless SHOCK (Endless SHOCK/ Endless SHOCK -Eternal-),” “DREAM BOYS,”“Roald Dahl’s Charlie and the Chocolate Factory,” and “Musical Picaresque LUPIN ~The Secret ofCountess Cagliostro~” were performed and achieved success at the Imperial Theatre. The Theatre
Creation hosted performances of “RENT,” “The Odd Couple,” “She Loves Me,” “SHOW BOY,” “TheWorld of Kunze & Levay,” and “Nodame Cantabile,” among others, and “Ragtime” was performed
to a full house at Nissay Theatre. In addition, the Company expanded “Kingdom,” “Musical SPY x
FAMILY” and other performances as external theatrical works throughout Japan. At TOHOEntertainment Co., Ltd., affiliated actors worked favorably on commercial performances, etc.
As a result of the above, operating revenue in the Theatrical business was ¥14,508 million (up 4.6%
year on year) and operating profit was ¥2,256 million (up 1.0% year on year).
Real Estate businessIn the Lease of Land and Buildings business, due to efforts to effectively use owned properties andcomprehensively respond to tenants, the vacancy rate of real estate for leasing was 0.2% as of the endof the third quarter of the current fiscal year. However, costs such as depreciation increased. As aresult, operating revenue in the Lease of Land and Buildings business was ¥21,917 million (up 4.7%
year on year) and operating profit was ¥8,841 million (down 2.2% year on year).
In the Road business, there was firm public investment, but the situation continued to be unpredictable
due to factors such as the shortage of construction tradespeople on top of continued increases in laborcosts, equipment and material prices. Under these conditions, Subaru Enterprise Co., Ltd. and its
consolidated subsidiaries engaged in proactive sales activities, and also worked to strengthen measures
to improve precision of estimations and to establish a comprehensive evaluation system for bidding.
As a result, operating revenue in the Road business was ¥21,639 million (up 2.6% year on year) andoperating profit was ¥3,943 million (down 0.9% year on year). Operating revenue mainly consists of¥19,663 million from road maintenance, repair and cleaning services (up 2.3% year on year) and also
includes ¥632 million of other revenue (up 5.8% year on year).
In the Building Maintenance business, TOHO BUILDING MANAGEMENT Co., Ltd. and TOHO
Facilities Co., Ltd. continued to experience labor shortages and rising personnel expenses and raw
materials expenses. Nevertheless, in addition to executing certain projects that had been postponeddue to issues including material supply shortages, these companies also secured new orders. As a result,operating revenue was ¥7,837 million (up 5.0% year on year) and operating profit was ¥834 million(up 21.6% year on year).
As a result of the above, operating revenue in the overall Real Estate business was ¥51,393 million(up 3.9% year on year) and operating profit was ¥13,619 million (down 0.6% year on year).

- 3 -TOHO CO., LTD. (9602)
Consolidated financial results for the nine months ended November 30, 2023

Other business
TOHO Kyoei Kigyo Co., Ltd.’s “TOHO Chofu Sports Park” and TOHO RETAIL CO., LTD.’s theater
concession stands, etc. engaged in proactive sales activities. As a result, operating revenue in Other
business was ¥935 million (up 6.8% year on year) and operating profit was ¥191 million (up 16.1%
year on year).
(2) Details of financial position
With regard to the financial position as of the end of the third quarter of the current fiscal year, total
assets increased by ¥30,580 million from the end of the previous fiscal year to ¥564,677 million. Thiswas mainly due to increases of ¥57,650 million in cash and deposits, ¥9,211 million in securities,¥5,070 million in land, and ¥14,937 million in investment securities, despite a decrease of ¥64,999
million in short-term loans receivable with resale agreement.
Liabilities increased by ¥18 million from the end of the previous fiscal year to ¥110,424 million.
Net assets increased by ¥30,561 million from the end of the previous fiscal year to ¥454,252 million.
This was mainly due to an increase of ¥17,907 million in retained earnings and an increase of ¥9,744
million in valuation difference on available-for-sale securities.
(3) Consolidated earnings forecasts and other forward-looking statements
There have been no changes in the consolidated earnings forecasts for the fiscal year ending February
29, 2024, which were announced on October 11, 2023, in the “Consolidated Financial Results for the
Six Months Ended August 31, 2023.”- 4 -TOHO CO., LTD. (9602)
Consolidated financial results for the nine months ended November 30, 2023

2.

Quarterly Consolidated Financial Statements and Significant Notes Thereto(1) Quarterly consolidated balance sheet(Millions of yen)
As of February 28, 2023

As of November 30, 2023

44,259101,91032,92133,49444,986
11,00364,99926,627(89)

54,19813,514–26,651(15)

224,708

229,753

85,43480,4752,749
8,792

85,58085,545
4,817
10,204

177,451

186,147

2,032
2,920

1,851
3,691

4,953

5,542

Investments and other assets
Investment securities
Other
Allowance for doubtful accounts

108,499
18,567(82)

123,436
19,892(96)

Total investments and other assets

126,984

143,232

309,388334,923

534,097564,677

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract
assetsSecurities
Inventories
Short-term loans receivable with resale agreement
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
LandConstruction in progress
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets

Total non-current assets
Total assets- 5 -TOHO CO., LTD. (9602)
Consolidated financial results for the nine months ended November 30, 2023

(Millions of yen)
As of February 28, 2023

As of November 30, 2023

30,773
53
59
9,782
1,008
168
52
23,864

26,526
514
74
4,336
559
–
19
26,91965,762

58,952

326
3,437

336
3,503

178

165

86
7,117
33,49886
7,501
39,87944,64351,472

Total liabilities

110,405

110,424

Net assets
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Treasury shares

10,355
14,180404,225(38,866)

10,355
14,215422,132(38,809)389,894

407,894

Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Revaluation reserve for land
Foreign currency translation adjustment
Remeasurements of defined benefit plans

17,092
800
2,110
(592)

26,837
800
4,067
(515)

Total accumulated other comprehensive income

Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Current portion of long-term borrowings
Income taxes payable
Provision for bonuses
Other provisions
Asset retirement obligations
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Retirement benefit liability
Provision for retirement benefits for directors (andother officers)
Other provisions
Asset retirement obligations
Other
Total non-current liabilities

Total shareholders’ equity

19,411

31,190Non-controlling interests

14,384

15,167

Total net assets

423,691454,252534,097564,677

Total liabilities and net assets- 6 -TOHO CO., LTD. (9602)
Consolidated financial results for the nine months ended November 30, 2023

(2) Quarterly consolidated statement of income and consolidated statement of comprehensive
incomeQuarterly consolidated statement of income
Nine months ended November 30, 2023
(Millions of yen)
Nine months ended
November 30, 2022
Operating revenue
Operating costs
Gross profit
Selling, general and administrative expenses
Personnel expenses
Advertising expenses
Provision for bonuses
Retirement benefit expenses
Provision for retirement benefits for directors (and otherofficers)
Rent expenses on land and buildings
Other
Total selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Share of profit of entities accounted for using equity
methodForeign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Loss on liquidation of subsidiaries
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Subsidy income
Total extraordinary income
Extraordinary losses
Impairment losses
Demolition cost of non-current assets
Loss on valuation of investment securities
Loss on valuation of investments in capital
Extra retirement payments
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent- 7 -Nine months ended
November 30, 2023

179,738
97,21982,519203,100
111,823
91,276

15,367
5,192
138
747

17,013
5,571
143
784

19

21

6,567
18,62046,65235,867

6,781
19,34849,66541,610

65
1,007

581
1,155

363

218

3,386
234
5,057

417
276
2,649

5
–
5
10
40,913651
19
77
44,182

75
2,489
2,565

207
–
207

448
270
28
–
812
1,559
41,91913,845(166)
13,67828,2401,101
27,138

–
–
–
107
–
107
44,283
13,043
1,643
14,686
29,596
1,194
28,402

TOHO CO., LTD. (9602)
Consolidated financial results for the nine months ended November 30, 2023

Quarterly consolidated statement of comprehensive income
Nine months ended November 30, 2023
(Millions of yen)
Nine months ended
November 30, 2022
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests- 8 -Nine months ended
November 30, 2023

28,24029,596(1,972)
749
87

9,736
1,957
76

4

7

(1,130)11,778

27,10941,37426,00840,180

1,101

1,194

TOHO CO., LTD. (9602)
Consolidated financial results for the nine months ended November 30, 2023

(3) Quarterly consolidated statement of cash flows(Millions of yen)
Nine months ended
November 30, 2022
Cash flows from operating activities
Profit before income taxes
Depreciation
Increase (decrease) in allowance for doubtful accounts
Interest and dividend income
Interest expenses
Share of loss (profit) of entities accounted for using
equity method
Loss (gain) on valuation of investment securities
Decrease (increase) in trade receivables and contract
assetsDecrease (increase) in inventories
Increase (decrease) in trade payables
Increase (decrease) in accrued consumption taxes
Other
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of securities
Proceeds from sale of securities
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Purchase of investment securities
Loan advances
Proceeds from collection of loans receivable
Investments in money held in trust
Proceeds from cancellation of money held in trust
Other
Net cash provided by (used in) investing activities
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Repayments of long-term borrowings
Purchase of treasury shares
Dividends paid
Dividends paid to non-controlling interests
Purchase of shares of subsidiaries not resulting inchange in scope of consolidation
Repayments of lease liabilities
Other
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents resulting from merger
with unconsolidated subsidiaries
Cash and cash equivalents at end of period- 9 -Nine months ended
November 30, 2023

41,9196,957(28)(1,073)
5

44,283
7,521(73)(1,736)
6

(363)

(218)

28

–

(10,664)(215)(2,272)
4,334
197
3,336
42,3771,227(7)(16,395)
27,201(2,391)(4,504)202
3,033
45,906
1,916(10)(18,517)
29,294(31,599)
43,100(11,579)364(2,006)(33)
68(2,600)2,600(1,381)(3,068)(37,595)
41,200(16,151)214(13,601)(1)
6(2,300)2,300(3,254)(29,182)(7)–(10,187)(7,983)
(408)

55
(72)
(6)
(10,412)
(429)

(31)

(6)

(11)
–
(18,631)(141)
9(11,004)

4,046

2,132

9,549
92,341(8,759)112,121–

6

101,890103,369

TOHO CO., LTD. (9602)
Consolidated financial results for the nine months ended November 30, 2023

(4) Notes to quarterly consolidated financial statements(Notes on going concern assumption)
Not applicable.
(Notes on significant changes in the amount of shareholders’ equity)
Not applicable.
(Adoption of special accounting treatments for preparing quarterly consolidated financial
statements)
Not applicable.
(Changes in accounting policies)(Application of Implementation Guidance on Accounting Standard for Fair Value Measurement)
The Company has applied the “Implementation Guidance on Accounting Standard for Fair Value
Measurement” (ASBJ Guidance No. 31, June 17, 2021) from the beginning of the first quarter of thecurrent fiscal year, and it has applied the new accounting policy provided for by the Implementation
Guidance on Accounting Standard for Fair Value Measurement prospectively in accordance with thetransitional measures provided for in paragraph 27-2 of the Implementation Guidance on AccountingStandard For Fair Value Measurement. There is no impact on the quarterly consolidated financial
statements.

- 10 -TOHO CO., LTD. (9602)
Consolidated financial results for the nine months ended November 30, 2023

(Segment information, etc.)[Segment information]
I.

Nine months ended November 30, 2022
Disclosure of net sales and profit (loss) by reportable segment
Reportable segments

Net sales
Sales to externalcustomers
Intersegment sales
or transfers
Total
Segment profit(loss)

Other(Note 1)

Total

(Millions of yen)Amounts inthe quarterly
Adjustments consolidated(Note 2)statement ofincome(Note 3)Cinemabusiness

Theatricalbusiness

Real Estatebusiness

115,504

13,87549,482

178,862876

179,738–

179,738

1,759

33

3,791

5,585

144

5,729

(5,729)–117,264

13,90953,273

184,447

1,020

185,468(5,729)179,738

23,0192,233

13,70838,961

165

39,127(3,260)35,867

Total(Notes) 1. The “Other” category is a business segment that is not included in the reportable segments and includes businesses
that operate sports facilities, etc.
2. The ¥3,260 million deducted from segment profit (loss) as adjustment consists of an addition of ¥7 million inintersegment transaction elimination, and a deduction of ¥3,267 million in corporate expenses that cannot beallocated to any reportable segment. Corporate expenses mainly consist of general and administrative expenses thatare not attributable to reportable segments.
3. Segment profit (loss) is adjusted with operating profit stated in the quarterly consolidated statement of income.

II. Nine months ended November 30, 2023
Disclosure of net sales and profit (loss) by reportable segment
Reportable segments

Net sales
Sales to externalcustomers
Intersegment sales
or transfers
Total
Segment profit(loss)

Other(Note 1)

Total

(Millions of yen)Amounts inthe quarterly
Adjustments consolidated(Note 2)statement ofincome(Note 3)Cinemabusiness

Theatricalbusiness

Real Estatebusiness

136,262

14,50851,393202,164935

203,100–

203,100

1,835

24

3,829

5,688

232

5,921

(5,921)–138,097

14,53255,223

207,853

1,168

209,021(5,921)

203,100

29,6802,256

13,61945,556

191

45,748(4,137)

41,610Total(Notes) 1. The “Other” category is a business segment that is not included in the reportable segments and includes businesses
that operate sports facilities, etc.
2. The ¥4,137 million deducted from segment profit (loss) as adjustment consists of a deduction of ¥1 million inintersegment transaction elimination, and a deduction of ¥4,136 million in corporate expenses that cannot beallocated to any reportable segment. Corporate expenses mainly consist of general and administrative expenses thatare not attributable to reportable segments.
3. Segment profit (loss) is adjusted with operating profit stated in the quarterly consolidated statement of income.

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