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.

November 8, 2022

Non-consolidated Financial Results
for the Fiscal year ended September 30, 2022
(Under Japanese GAAP)
Company name:
Paraca Inc.
Listing:
Tokyo Stock Exchange
Securities code:
4809
URL:
https://www.paraca.co.jp/
Representative:
So Naito, Representative Director
Inquiries:
Katsumi Ichikawa, General Manager of Administration Headquarters
Telephone:+81-3-6841-0809
Scheduled date of annual general meeting of shareholders:
December 16, 2022
Scheduled date to commence dividend payments:
December 19, 2022
Scheduled date to file annual securities report:
December 19, 2022
Preparation of supplementary material on financial results:
Yes
Holding of financial results briefing:
None(Yen amounts are rounded down to millions, unless otherwise noted)

1. Non-consolidated financial results for the fiscal year ended September 30, 2022 (from October 1, 2021
to September 30, 2022)(1) Non-consolidated operating results (cumulative)
Net sales
Fiscal year ended
September 30, 2022
September 30, 2021

Operating profit

Ordinary profit

ProfitMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

12,974

10.3

2,253

26.1

2,039

29.4

1,395

42.8

11,761

△5.7

1,786

28.2

1,575

32.9

977

30.6

Profit per shareafter dilution

Profit per share
Fiscal year ended(Percentages indicate year-on-year changes)

Return on equity

Ratio of ordinary
profit to total assets

Ratio of operating
profit to net sales

%

%

Yen

Yen

September 30, 2022

139.67139.21

8.5

5.6

17.4

September 30, 2021

98.19

97.88

6.2

4.4

15.2

Reference:%

Share of profit (loss) of entities accounted for using equity method
For the fiscal year ended September 30, 2022:
For the fiscal year ended September 30, 2021:-(2) Non-consolidated financial position
Total assets
As of

Net assets

Equity ratio

Net assets per share

Millions of yen

Millions of yen

September 30, 2022

37,671

16,88644.7

1,685.77

September 30, 2021

35,77815,99844.7

1,600.26

Reference:

EquityAs of September 30, 2022:
As of September 30, 2021:¥16,856 million¥15,979 million%

Yen(3) Non-consolidated cash flows
Cash flows fromoperating activities
Fiscal year ended

Cash flows frominvesting activities

Cash and cash
equivalents at end of
periodCash flows fromfinancing activities

Millions of yen

Millions of yen

Millions of yen

Millions of yen

September 30, 2022

1,975

△2,452255

3,931

September 30, 2021

2,443

△1,314△1,4464,152

2. Cash dividends
Annual dividends per share
First
SecondThird
quarter-end quarter-end quarter-end
Yen
Fiscal year ended
September 30, 2021
Fiscal year ended
September 30, 2022
Fiscal year ending
September 30, 2023
(Forecast)

Yen

Fiscalyear-end

Yen

Total cash
dividends(Total)

Total

Yen

Payout ratio

Ratio ofdividends to
net assets%%

Yen Millions of yen

-

0.00

-

55.00

55.00

562

56.0

3.5

-

0.00

-

62.00

62.00

635

44.4

3.8

-

0.00

-

62.00

62.00

40.3

3. Business Forecasts for the fiscal year ending September 30, 2023 (from October 1, 2022 to September 30,
2023)(Percentages indicate year-on-year changes)
Net sales

Operating profit

Ordinary profit

ProfitMillions of yen

Profit per share

Millions of yen%

Millions of yen%

Millions of yen

%

%

yen

Interim

7,000

11.9

1,220

15.1

1,110

16.0

750 12.7

75.01

Full year

14,200

9.4

2,480

10.1

2,250

10.3

1,540 10.4

154.02

* Notes(1) Changes in accounting policies, changes in accounting estimates, and restatement(i) Changes in accounting policies due to revisions to accounting standards and other regulations: Yes(ii) Changes in accounting policies due to other reasons: None(iii) Changes in accounting estimates: None(iv) Restatement: None
(2) 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, 2022

10,304,600 shares

As of September 30, 2021

10,294,600 shares(ii) Number of treasury shares at the end of the period
As of September 30, 2022

305,633 shares

As of September 30, 2021

309,285 shares(iii) Average number of shares outstanding during the period

Note:

Fiscal year ended September 30, 2022

9,988,328 sharesFiscal year ended September 30, 2021

9,951,021 shares

The total number of treasury shares at the end of the period included shares of the Company held by the
Employee Stock Ownership Plan Trust (249,655 shares as of September 30, 2022 and 249,655 shares as of
September 30, 2021).

* Financial results reports are exempt from audit conducted by certified public accountants or an audit
corporation.
* Explanations and other special notes concerning the appropriate use of business performance forecasts
The business performance forecasts given in this document are based on assumptions, prospects, and futurebusiness plans, currently available on the date this document was published. Actual results may differ fromthese forecasts for a variety of reasons. For other matters relating to the forecasts, please refer to “1. Overview
of Operating Results, etc. (1) Analysis of Operating Results” on page 2 of the attached materials.

Attached Materials
Index
1. Overview of Operating Results, etc. ······················································································ 2(1) Analysis of Operating Results ························································································· 2(2) Analysis of Financial Position ························································································· 5(3) Basic Policy on Profit Distribution and Dividends for Current and Next Fiscal Years ······················· 5(4) Significant Events Regarding Going Concern Assumption ······················································· 5
2. Basic concept of the selection of accounting standards ································································ 5
3. Financial Statements and Notes ··························································································· 6(1) Balance Sheet ············································································································ 6(2) Statements of Profit and Loss ························································································· 8(3) Statements of Shareholders’ Equity ·················································································· 9(4) Statement of Cash Flows ····························································································· 11(5) Notes to Financial Statements ······················································································· 12-1-1. Overview of Operating Results, etc.
(1) Analysis of Operating Results
During the fiscal year ended September 30, 2022 (October 1, 2021 to September 30, 2022), the Japanese
economy showed signs of recovery as the number of COVID-19 cases declined from October to December
2021. However, business confidence worsened again, due to the rapid increase of Omicron variant cases fromJanuary 2022 and the growing trend toward voluntary restraints in various economic activities. Although
COVID-19 cases peaked in early February 2022, seventh wave of COVID-19 (from July to September)occurred, and the number of COVID-19 cases reached a record high. During the seventh wave, strict behavioral
restrictions were not issued, and the resumption of socioeconomic activities was sought on the premise of livingwith COVID-19.
From October to December 2021, the sales of parking industry showed signs of recovery nationwide, but sales
from January 2022 was affected by spreading the Omicron variant. Especially, there was a record snowfall in
Sapporo City, and sales in February 2022 was lower than in the same month of previous year. From March toJune, sales showed a recovery trend, due to a decrease of COVID-19 cases. After July, the seventh wave of
COVID-19 was affected, but the impact was significantly less severe than in past periods of infection spread.
Under these circumstances, the Company focused on improving profitability by developing new parking lots
and setting flexible rate changes at existing parking lots, while taking into consideration the profitability in
COVID-19 pandemic situation.
Overall, during the fiscal year, the number of newly developed parking was 184 lots with 3,775 spaces, while
the number of closed parking was 106 lots with 1,119 spaces (net increase was 78 lots with 2,656 spaces). Totalof 2,119 lots with 32,852 spaces is available as of September 30, 2022. Due to the COVID-19 spreading, theCompany carefully selected newly developed parking lots and closed unprofitable parking lots, and the numberof parking lot in operation temporarily declined. However, the number of parking space has recovered with theresumption of full-scale business activities, and exceeded the record (32,006 spaces) of March 2020.
The following table shows changes in net sales and gross profit for the period from October 2021 toSeptember 2022.

Net sales (Millions of yen)Comparison with FY2021
Comparison with FY2020
Gross profit (Millions of yen)
Gross profit margin

Net sales (Millions of yen)Comparison with FY2021
Comparison with FY2020
Gross profit (Millions of yen)
Gross profit margin

October 2021
1,065
101.1%
92.9%
338
31.7%

November 2021
1,070
106.4%
92.1%
347
32.5%

January 2022

February 2022

988
108.8%
86.6%
263
26.7%
April 2022

Net sales (Millions of yen)Comparison with FY2021
Comparison with FY2020
Comparison with FY2019
Gross profit (Millions of yen)
Gross profit margin

1,065
110.4%
133.6%
90.7%
296
27.8%

-2-

892
99.0%
81.1%
173
19.5%
May 2022
1,089
117.6%
136.2%
94.4%
331
30.4%

December 2021
1,139
110.9%
91.7%
375
32.9%
March 2022
1,099
104.6%
101.5%
304
27.7%
June 2022
1,124
114.0%
116.0%
96.2%
351
31.3%

July 2022
Net sales (Millions of yen)Comparison with FY2021
Comparison with FY2020
Comparison with FY2019
Gross profit (Millions of yen)
Gross profit margin

1,160
112.2%
112.3%
94.7%
367
31.6%

August 2022
1,133
119.8%
116.4%
93.3%
328
29.0%

September 2022
1,145
120.1%
112.4%
98.0%
318
27.8%

As a result, in the fiscal year under review, the net sales was ¥ 12,974 million (up 10.3% year-on-year),
operating profit was ¥ 2,253 million (up 26.1% year-on-year), ordinary profit was ¥ 2,039 million (up 29.4%
year-on-year), and profit was ¥ 1,395 million (up 42.8% year-on-year).
The results by parking business types are as follows.
(Leased parking Business)
During the fiscal year, the number of newly developed leased parking was 166 lots with 3,551 spaces, while
the number of closed leased parking was 104 lots with 1,070 spaces (net increase was 62 lots with 2,481
spaces). As a result, total of 1,867 lots with 28,090 spaces is available as of September 30, 2022. The net salesof leased parking business was ¥ 10,413 million (up 9.5% year-on-year), and gross profit was ¥ 1,902 million(up 16.9% year-on-year).
(Owned parking Business)
During the fiscal year, owned parking lots were developed in Sapporo City (4 spaces), in Ishinomaki City,
Miyagi Prefecture (52 spaces), in Sendai City (7 spaces), in Niigata City (10 spaces), in Soka City, Saitama
Prefecture (12 spaces), in Kita-ku, Tokyo (3 spaces), in Chuo-ku, Tokyo (2 lots with 12 spaces), in Taito-ku,
Tokyo (7 spaces), in Edogawa-ku, Tokyo (10 spaces), Tachikawa City (5 spaces), in Yokohama City (2 spaces),in Nagoya City (2 lots with 19 spaces), in Gifu City (6 spaces), in Kyoto City (6 spaces), in Ikeda City, Osaka
Prefecture (56 spaces), and in Nagasaki City (7 spaces). And 4 parking spaces were added in Kofu City, by
acquiring land adjacent to an existing owned parking lot. On the other hand, the Company reviewed portfolioand sold two parking land in Kamakura City, Kanagawa Prefecture (15 spaces) and Yamagata City (33 spaces),the gain from the sale of fixed asset was ¥ 34 million. Moreover, additional 2 parking spaces were developed in
Koshigaya City, Saitama Prefecture, and 1 parking space was closed in Nagoya City due to layout changes. As
a result, the number of newly developed owned parking was 18 lots with 224 spaces, while the number ofclosed owned parking was 2 lots with 49 spaces. Total of 252 lots with 4,762 spaces is available as of
September 30, 2022. The net sales of owned parking business was ¥ 2,036 million (up 13.9% year-on-year),and gross profit was ¥ 1,630 million (up 16.7% year-on-year).
Furthermore, the Company acquired land for parking in Koto-ku, Tokyo (2 spaces), in Kyoto City (2 spaces)
and in Osaka City (4 spaces) which are scheduled to be opened in the first quarter of next fiscal year.
Investments for owned parking business totaled ¥ 2,582 million in the fiscal year.
(Others)
During the fiscal year, the net sales except for car parking business, including real estate leasing, vending
machine, bike/bus/cycle parking, and solar power generation, was ¥ 524 million (up 12.2% year-on-year).

-3-

(Future Outlook)
In the Japanese economy, socioeconomic activities are gradually resuming and approaching normalcy on thepremise of living with COVID-19.
Under these circumstances, the Company will continue to conduct sales activities and will also make efforts toimprove the profitability of existing parking lots by setting flexible rate changes. In addition, the Company aims
to expand its business and base earnings by taking advantage of business alliances with major real estatedevelopers and real estate brokerage firms. The Company will focus on acquiring land for parking lots and aims
to expand our business and base earnings, while taking into consideration demographic trends and otherindicators.
As for the future outlook for the fiscal year ending September 30, 2023, parking lots that were carefully
selected and opened during the epidemic period of COVID-19 are expected to contribute to earnings, and theeffects of COVID-19 are expected to lessen and socioeconomic activities are broadly to recover. As a result, theCompany forecasts net sales of ¥ 14,200 million (up 9.4% year-on-year), operating profit of ¥ 2,480 million (up10.1% year-on-year), ordinary profit of 2,250 million yen (up 10.3% year-on-year), and profit of ¥ 1,540
million (up 10.4% year-on-year).
*This explanation is based on information available to the Company at this time, and includes potential risks
and uncertainties. Due to these factors, actual results may differ from the announced forecasts.

-4-

(2) Analysis of Financial Position
Total assets at the end of the fiscal year under review increased ¥ 1,892 million from the end of the previous
fiscal year, to ¥ 37,671 million. It was mainly due to an increase in land (¥ 2,266 million) and a decrease in cash
and deposits (¥ 221 million).
Total liabilities at the end of the fiscal year under review increased ¥ 1,005 million, to ¥ 20,784 million. It was
mainly due to an increase in borrowings (¥ 1,165 million).
Total net assets at the end of the fiscal year under review increased ¥ 887 million, to ¥ 16,886 million. It was
mainly due to an increase in retained earnings (¥ 832 million). As a result, the equity ratio remained the same at
44.7% from the end of the previous fiscal year.
(Cash flows)
Cash and cash equivalents at the end of the fiscal year under review decreased ¥ 221 million from the end of
the previous fiscal year, to ¥ 3,931 million. The main reasons are as follows.
(Cash flows from operating activities)
Cash and cash equivalents provided by operating activities decreased ¥ 468 million from the end of theprevious fiscal year, to ¥ 1,975 million. It was mainly due to the profit before income taxes (¥ 2,048 million),
depreciation (¥ 564 million) and income taxes paid (¥ 658 million).
(Cash flows from investing activities)
Cash and cash equivalents used in investing activities increased ¥ 1,137 million from the end of the previous
fiscal year, to ¥ 2,452 million. It was mainly due to the purchase of property, plant and equipment (¥ 2,803
million).
(Cash flows from financing activities)
Cash and cash equivalents provided by financing activities was ¥ 255 million (previous fiscal year was an
outflow of ¥ 1,446 million). It was mainly due to the proceeds from long-term borrowings (¥ 3,294 million),while an expenditure for repayments of long-term borrowings (¥ 2,128 million), repayments of lease liabilities(¥ 366 million) and dividends paid (¥ 563 million).
(3) Basic Policy on Profit Distribution and Dividends for Current and Next Fiscal Years
The Company's basic policy on profit distribution is <To distribute profits to all shareholders in a manner thatmaintain balances of reinvestment with “capital efficiency”, “financial soundness”, and “investment
environment” in order to achieve sustainable growth and enhance corporate value over the medium to longterm>.
Based on this basic policy, the Company plans to pay a dividend of ¥ 62 per share for the fiscal year ended
September 30, 2022. For the fiscal year ending September 30, 2023, we plan to continue to pay a dividend of¥ 62 per share, as we plan to invest more aggressively in the owned parking business.
We will continue to distribute profits based on the above policy.
(4) Significant Events Regarding Going Concern Assumption
Not applicable.

2. Basic concept of the selection of accounting standards
Since the Company does not prepare consolidated financial statements, the Company has applied Japanese
GAAP for accounting standards, considering the burden of parallel disclosure under Japanese GAAP andInternational Financial Reporting Standards.

-5-

3. Financial Statements and Notes(1) Balance Sheet(Millions of yen)
As of September 30, 2021

As of September 30, 2022

4,182
129
5
499
16
△0
4,832

3,961
167
20
553
18
△0
4,721

960
△425
534
858
△604
253
1,268
△507
761
536
△486
50
27,514
5,387△4,452935
237
30,288

1,163
△461
702
905
△635
269
1,268
△582
686
571
△501
70
29,781
5,511△4,787724
46
32,281

4
1
5
0
12

5
1
1
0
9

36
0

35
0

11

7

43
221
331
645
30,94535,778

43
236
337
659
32,94937,671

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Supplies
Prepaid expenses
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings
Accumulated depreciation
Buildings, net
Structures
Accumulated depreciation
Structures, net
Machinery and equipment
Accumulated depreciation
Machinery and equipment, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
Land
Leased assets
Accumulated depreciation
Leased assets, net
Construction in progress
Total property, plant and equipment
Intangible assets
Patent right
Trademark right
Software
Other
Total intangible assets
Investments and other assets
Investment securities
Investments in capital
Long-term loans receivable from directors(and other officers) and employees
Long-term prepaid expenses
Deferred tax assets
Other
Total investments and other assets
Total non-current assets
Total assets-6-

(Millions of yen)
As of September 30, 2021

As of September 30, 2022

240
1,780
356
91
14
446
85
88
10
32
25
76
3,249

296
1,992
297
93
15
476
92
97
10
39
12
75
3,498

15,393
637
38
285
175
16,53019,77916,347
473
38
292
133
17,286
20,784

1,839

1,847

1,869
403
2,272

1,877
406
2,284

56
12,24012,296△379
16,02910
13,11813,128△378
16,882

7

6

△57
△50
19
15,99835,778△32△26
30
16,88637,671

Liabilities
Current liabilities
Accounts payable - trade
Current portion of long-term borrowings
Lease liabilities
Accounts payable - otherAccrued expenses
Income taxes payable
Accrued consumption taxes
Advances received
Deposits received
Provision for bonuses
Provision for shareholder benefit program
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Lease liabilities
Provision for share awards
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Legal capital surplus
Other capital surplus
Total capital surplus
Retained earnings
Other retained earnings
Reserve for special depreciation
Retained earnings brought forward
Total retained earnings
Treasury shares
Total shareholders' equity
Valuation and translation adjustments
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Total valuation and translation adjustments
Share acquisition rights
Total net assets
Total liabilities and net assets-7-

(2) Statements of Profit and Loss
(Millions of yen)
Fiscal year ended
September 30, 2021
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Provision of allowance for doubtful accounts
Remuneration for directors (and other officers)
Salaries and allowances
Provision for bonuses
Legal welfare expenses
Provision for share awards
Provision for shareholder benefit program
Depreciation
Rent expenses on land and buildings
Fee expenses
Commission expenses
Taxes and dues
Other
Total selling, general and administrative
expenses
Operating profit
Non-operating income
Interest income
Dividend income
Gain on forfeiture of unclaimed dividends
Dividend income of insurance
Insurance claim income
Interest on tax refund
Subsidy income
Gain on receipt of donated non-current assets
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on reversal of share acquisition rights
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss on sale of non-current assets
Impairment losses
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Profit-8-

Fiscal year ended
September 30, 2022

11,761
8,479
3,282

12,974
9,177
3,797

△0
206
412
32
68
△1
25
25
187
56
136
134
212

△0
173
440
39
70
0
12
30
188
52
142
147
244

1,496

1,543

1,786

2,253

0
0
1
0
0
1
2
1
0
8

0
0
0
0
0
－
0
－
0
2

213
6
219
1,575

212
3
216
2,039

－
7
7

34
－
34

23
1
112
138
1,444
555
△88
467
977

14
－
10
24
2,048
679
△25
653
1,395

(3) Statements of Shareholders’ Equity(Millions of yen)
Shareholders' equity
Capital surplus

Retained earnings
Other retained
earnings
Total
Share
Treasuryshareho
Total
RetaineLegal Other
Total
Reserve dcapital capitalretained shares lders'
capital capital for
equityearning
surplus surplus surplus special earning
depreci sbrought s
ation
forwardBalance at beginning of
1,812
1,842
390
2,232
102 11,777 11,879△383 15,541
periodChanges during period
Issuance of new shares exerciseofshareacquisition rights
Dividends of surplus
ProfitReversal of reserve for
special depreciation
Purchase of treasury
shares
Disposal of treasury
sharesTreasury stock paymentof stock ownership plantrust
Net changes in items
other than shareholders'equityTotal changes during
periodBalance at end of period

27

27

27

54

△45

13

△560

△560

977

977

977

45

－

－

13

△0

△0

3

16

0

0

27

27

13

40

△45

462

416

3

488

1,839

1,869

403

2,272

56

12,24012,296△379

16,029Valuation and translation
adjustments
Valuation
Total
differen Deferrevaluatio Share Total netdgains
ce on orn and acquisitio assets
availabl losses
translati n rights
e-forononsale
adjustmhedgessecuriti
ents
esBalance at beginning of
7
△78
△71
27 15,497
periodChanges during period
Issuance of new shares exerciseofshareacquisition rights
Dividends of surplus
ProfitReversal of reserve for
special depreciation
Purchase of treasury
shares
Disposal of treasury
sharesTreasury stock paymentof stock ownership plantrust
Net changes in items
other than shareholders'equityTotal changes during
periodBalance at end of period

△560

54
△560
977
－
△0
16
0
△0

21

20

△7

12

△0

21

20

△7

500

7

△57

△50

19

15,998-9-

(Millions of yen)
Shareholders' equity
Capital surplus

Retained earnings
Other retained
earnings
Total
Share
Treasuryshareho
Total
RetaineLegal Other
Total
Reserve dcapital capitalretained shares lders'
capital capital for
equityearning
surplus surplus surplus special earning
depreci sbrought s
ation
forwardBalance at beginning of
1,839
1,869
403
2,272
56 12,240 12,296△379 16,029
periodChanges during period
Issuance of new shares exerciseofshareacquisition rights
Dividends of surplus
ProfitReversal of reserve for
special depreciation
Purchase of treasury
shares
Disposal of treasury
sharesTreasury stock paymentof stock ownership plantrust
Net changes in items
other than shareholders'equityTotal changes during
periodBalance at end of period

8

8

8

16

△45

3

△562

△562

1,395

1,395

1,395

45

－

－

3

△0

△0

0

4

－

－

8

8

3

11

△45

878

832

0

852

1,847

1,877

406

2,284

10

13,11813,128△378

16,882

Valuation and translation
adjustments
Valuation
Total
differen Deferrevaluatio Share Total netdgains
ce on orn and acquisitio assets
availabl losses
translati n rights
e-forononsale
adjustmhedgessecuriti
ents
esBalance at beginning of
7
△57
△50
19 15,998
periodChanges during period
Issuance of new shares exerciseofshareacquisition rights
Dividends of surplus
ProfitReversal of reserve for
special depreciation
Purchase of treasury
shares
Disposal of treasury
sharesTreasury stock paymentof stock ownership plantrust
Net changes in items
other than shareholders'equityTotal changes during
periodBalance at end of period

△562

16
△562
1,395
－
△0
4
－
△0

25

24

10

34

△0

25

24

10

887

6

△32

△26

30

16,886- 10 -

(4) Statement of Cash Flows(Millions of yen)
Fiscal year ended
September 30, 2021
Cash flows from operating activities
Profit before income taxes
Depreciation
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for shareawardsIncrease (decrease) in provision forshareholder benefit program
Interest and dividend income
Interest expenses
Loss (gain) on sale of non-current assets
Loss on retirement of non-current assets
Impairment losses
Decrease (increase) in trade receivables
Decrease (increase) in other current assets
Increase (decrease) in trade payables
Increase (decrease) in other current liabilities
Other, net
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Income taxes refund
Net cash provided by (used in) operating
activities
Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sale of property, plant andequipment
Purchase of intangible assets
Payments of leasehold and guarantee deposits
Other, net
Net cash provided by (used in) investing
activities
Cash flows from financing activities
Proceeds from short-term borrowings
Repayments of short-term borrowings
Proceeds from long-term borrowings
Repayments of long-term borrowings
Proceeds from issuance of shares
Proceeds from disposal of treasury shares
Repayments of lease liabilities
Dividends paid
Other, net
Net cash provided by (used in) financing
activities
Net increase (decrease) in cash and cash
equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period- 11 -

Fiscal year ended
September 30, 2022

1,444
601
5

2,048
564
7

△1

0

7

△13

△0
213
1
23
112
△2
64
31
119
26
2,646
0
△212
△177
185

△0
212
△34
14
10
△38
△71
56
48
41
2,845
0
△212
△658
－

2,443

1,975

△1,268△2,803

0

367

△50
△18
22

△1
△14
△0

△1,314△2,452

233
△437
1,489
△1,814
50
12
△421
△559
△0

784
△784
3,294
△2,128
16
3
△366
△563
△0

△1,446

255

△317

△221

4,470
4,152

4,152
3,931

(5) Notes to Financial Statements(Notes on going concern assumption)
Not applicable.
(Changes in accounting policies)(Application of Accounting Standard for Revenue Recognition)
The Company has adopted the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29
dated March 31, 2020) and other relevant standards from the beginning of the fiscal year. Under the new
accounting policy, revenue is recognized as the amount expected to be received in exchange for promised
goods or services when the control of such goods or services is transferred to the customer.
In accordance with the transitional treatment stipulated in the proviso of Article 84 of the “AccountingStandard for Revenue Recognition”, retained earnings as of the beginning of the fiscal year has been adjusted
to reflect the cumulative effects of retrospectively applying the new accounting policy to periods prior to thebeginning of the beginning of the fiscal year, and the new accounting policy is applied from the said balance.
The impact of this change on the financial statements for the fiscal year is negligible.
(Application of Accounting Standard for Fair Value Measurement)
The Company has adopted the “Accounting Standard for Fair Value Measurement” (ASBJ Statement No.
30, July 4, 2019) and relevant ASBJ regulations from the beginning of the fiscal year, and it has applied the
new accounting policy provided for by the Accounting Standard for Fair Value Measurement, prospectively
in accordance with the transitional measures provided for in paragraph 19 of the Accounting Standard for
Fair Value Measurement, and Article 44-2 of the “Accounting Standard for Financial Instruments” (ASBJ
Statement No.10, July 4, 2019).
The impact of this change on the financial statements for the fiscal year is negligible.
(Segment information)
The segment information has been omitted, as the Company has a single segment related to the parking lot
development, operation and management business.

- 12 -