[Translation]
June 30, 2020
Kakuyasu Group Co.,Ltd.
Representative Director and President

Junichi Satou（Ticker Code：7686 Tokyo Stock Exchange Second Section）
Executive Officer Group Finance
Inquiry
Yoshiyuki Maegaichiand Accounting Manager（Phone: 81-3-5959-3088）

Results of Unlisted Parent Company

This is to announce the latest financial results for the fiscal year ending March 2020 of SKY
Group Holdings Co., Ltd., an unlisted parent company of the Company as follows.

1. Overview of the unlisted parent company(1) Company NameSKY Group Holdings Co., Ltd.
(2) Headquarter
Room 907, Yamaman Building, 1-12 Kanda Suda-cho,
Chiyoda-ku, Tokyo(3) Company Representative:
Jiro Soma, Representative Director and President(4) Business:
Asset management and real estate rental business
JPY 10million （as of March 31, 2020）(5) Paid-in Capital:

2. Shareowners of SKY Holdings Co.,Ltd.
(1) Company NameSprout 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 2018and President since(3) Prior
Nikka 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

4. Financial statements of the parent company
Balance Sheet（As of March 31, 2020）（JPY thousand）
Account（Assets）
Current assets
Cash and deposits
Trade accounts receivable
Supplies
Prepaid expenses
Short-termloans receivable
OthersNon-current assets
Property, 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
Long-term prepaid expenses
Investment property
OthersTotal assets

AmountAccount

Amount（Liabilities）
5,115,922 Current liabilities
Short-term borrowings
2,701,879
Current portion of
32,700long-term borrowings
Accounts payable – other10
Accrued expenses
15,322
Income taxes payable
2,323,000
43,010
Deposits received
12,014,546Unearned revenue
2,465 Non-current liabilities
Long-term borrowings
2,465
Others37,80837,808
Total liabilities
11,974,273（Net assets）

15,049841
55,7103,635
27,067
6,841,735
6,703,756
137,979
13,831,079
9,665,468

2,670,055

Shareholders' equity

3,299,389

Share capital

10,000Capital surplus

1,663,649

10
143,835
1,007,300

Legal capital surplus

1,317
8,149,252
2,502

Other capital surplus
Retained earnings
Other retained earnings
Retained earnings brought
forward
Other retained earnings
Total net assets
Total liabilities and net assets

17,130,469

6,989,344
6,499,999
387,040

2,500
1,661,149
1,625,740
1,625,740
980,886
644,853
3,299,389
17,130,469

Statement of Income（April 2020to March 31, 2020）（JPY thousand）
AccountSales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit (loss)
Non-operating income
Interest income
Dividend income
Outsourcing service income
OthersNon-operating expenses
Interest expenses
Investment partnership operating loss
Ordinary profit (loss)
Extraordinary income
Gain on sale of affiliated company stocksProfit（Loss） before income taxes
Income taxes - current
Profit（Loss）

Amount694,040
183,145
510,894
227,331
283,563
32,7960
4,000
386
87,67839,8592,561,901
129,161

37,183
127,538
193,2092,561,901
2,755,110
129,1612,625,949

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