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.

August 3, 2023

Non-consolidated Financial Results
for the Nine Months Ended June 30, 2023
(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 to file quarterly securities report:
August 10, 2023
Scheduled date to commence dividend payments:―
Preparation of supplementary material on quarterly financial results: None
Holding of quarterly financial results briefing:
None(Yen amounts are rounded down to millions, unless otherwise noted)

1. Non-consolidated financial results for the nine months ended June 30, 2023 (from October 1, 2022 toJune 30, 2023)(1) Non-consolidated operating results (cumulative)
Net sales
Nine months ended(Percentages indicate year-on-year changes)

Operating profitOrdinary profit

ProfitMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

June 30, 2023

10,906

14.4

2,181

32.3

2,022

35.3

1,377

33.6

June 30, 2022

9,534

8.0

1,648

25.3

1,494

29.0

1,031

48.3

Profit per shareafter dilution

Profit per share
Nine months ended

Yen

Yen

June 30, 2023

137.75136.77

June 30, 2022

103.26103.06(2) Non-consolidated financial position
Total assets
As ofNet assets

Equity ratio

Millions of yen

Millions of yen

June 30, 2023

39,484

17,65044.6

September 30, 2022

37,67116,886

44.7

Reference:

EquityAs of June 30, 2023:
As of September 30, 2022:¥17,612 million¥16,856 million%

2. Cash dividends
Annual dividends per shareFirst quarter-end

Second quarter-end

Third quarter-end

Yen

Yen

Yen

Fiscal year ended
September 30, 2022
Fiscal year ending
September 30, 2023

―

0.00

―

―

0.00

―

Fiscal year-end

Fiscal year ending
September 30, 2023
(Forecast)

Total

Yen

Yen

62.00

62.00

64.00

64.00

Note: Revisions to the forecast of cash dividends most recently announced: None

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

Full year
Note:

Operating profit

Ordinary profit

ProfitMillions of yen%

Millions of yen%

Millions of yen%

14,400

11.0

2,710

20.3

2,480

21.6

Revisions to the forecast of financial results most recently announced: None

Millions of yen

Profit per share%yen

1,700 21.9

169.99

* Notes(1) Adoption of accounting treatment specific to the preparation of quarterly financial statements: Yes
Note: As for details, refer to page 7 of the attached materials.
(2) Changes in accounting policies, changes in accounting estimates, and restatement(i) Changes in accounting policies due to revisions to accounting standards and other regulations: None(ii) Changes in accounting policies due to other reasons: None(iii) Changes in accounting estimates: None(iv) Restatement: None
(3) Number of issued shares (common shares)(i)

Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2023

10,305,600 shares

As of September 30, 202210,304,600 shares(ii) Number of treasury shares at the end of the period
As of June 30, 2023

304,178 shares

As of September 30, 2022

305,633 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscalyear)

Note:

Nine months ended June 30, 2023

10,000,193 shares

Nine months ended June 30, 2022

9,986,774 shares

The total number of treasury shares at the end of the period included shares of the Company held by theEmployee Stock Ownership Plan Trust (248,900 shares as of June 30, 2023 and 249,655 shares as of
September 30, 2022).

* Quarterly financial results reports are exempt from quarterly review 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. (3) FutureOutlook” on page 3 of the attached materials.

Attached Materials
Index
1. Overview of Operating Results, etc. ······················································································ 2(1) Operating Results ······································································································· 2(2) Financial Position ······································································································· 3(3) Future Outlook ·········································································································· 3
2. Financial Statements and Notes ··························································································· 4(1) Balance Sheet ············································································································ 4(2) Statement of Profit and Loss ·························································································· 6(3) Notes to Financial Statements ························································································· 7-1-1. Overview of Operating Results, etc.
(1) Operating Results
During the first nine months of the current fiscal year (October 1, 2022 to June 30, 2023), Japanese economy
is getting closer to normal with the resumption of socioeconomic activities based on living with COVID-19.
In the parking industry, its sales improved nationwide due to the normalization of economic activities, andsales for the nine months of this year increased 14.4% from the same period of the previous fiscal year.
Under these circumstances, the Company conducted aggressive sales activities and focused on improving
profitability by developing new parking lots and setting flexible rate changes at existing parking lots.
Overall, during the first nine months of the fiscal year, the number of newly developed parking was 177 lotswith 2,356 spaces, while the number of closed parking was 65 lots with 997 spaces (net increase was 112 lotswith 1,359 spaces). Total of 2,231 lots with 34,211 spaces was available as of June 30, 2023.
As a result, in the first nine months of the fiscal year under review, the net sales was ¥ 10,906 million (up14.4% year-on-year), operating profit was ¥ 2,181 million (up 32.3% year-on-year), ordinary profit was ¥ 2,022
million (up 35.3% year-on-year), and profit was ¥ 1,377 million (up 33.6% year-on-year).
The results of each type of parking business are as follows.
(Leased parking Business)
During the first nine months of the fiscal year, the number of newly developed leased parking was 162 lotswith 2,068 spaces, while the number of closed leased parking was 65 lots with 996 spaces (net increase was 97
lots with 1,072 spaces). As a result, total of 1,964 lots with 29,162 spaces was available as of June 30, 2023.
The net sales of leased parking business was ¥ 8,760 million (up 14.4% year-on-year), and gross profit was¥ 1,782 million (up 26.5% year-on-year).
(Owned parking Business)
During the first nine months of the fiscal year, owned parking lots were developed in Sapporo City (4 lots with30 spaces), in Hakodate City (2 lots with 14 spaces), in Akita City (39 spaces), in Takasaki City (24 spaces), inKoto-ku, Tokyo (2 spaces), in Yokohama City (4 spaces), in Kyoto City (2 spaces), in Osaka City (3 lots with166 spaces) and in Fukuoka City (7 spaces). On the other hand, 1 parking space was closed in Tsuchiura City,Ibaraki Prefecture due to layout change. As a result, the number of newly developed owned parking was 15 lotswith 288 spaces, while the number of closed owned parking was 1 space. Total of 267 lots with 5,049 spaces
was available as of June 30, 2023. The net sales of owned parking business was ¥ 1,743 million (up 16.4%year-on-year), and gross profit was ¥ 1,417 million (up 18.5% year-on-year).
Furthermore, the Company acquired land for parking in Sapporo City (19 spaces), in Bunkyo-ku, Tokyo (4spaces), and in Osaka City (16 spaces), which are scheduled to be opened in the fourth quarter or later.
(Others)
During the first nine months of the fiscal year, the net sales except for car parking business, including realestate leasing, vending machine, bike/bus/cycle parking, and solar power generation, was ¥ 403 million (up5.4% year-on-year).
Sales results of each type of parking business for the current fiscal year are as follows.

Types
Leased parking Business
Owned parking Business
Others
Total

Nine months ended
June 30, 2022

Nine months ended
June 30, 2023

Fiscal year ended
September 30, 2022

Sales (Millions of yen)
7,654
1,496
383
9,534

Sales (Millions of yen)
8,760
1,743
403
10,906

Sales (Millions of yen)
10,413
2,036
524
12,974-2-(2) Financial Position
Total assets at the end of the nine month the fiscal year under review increased by ¥ 1,812 million from theend of the previous fiscal year, to ¥ 39,484 million. It was mainly due to an increase in land (¥ 1,989 million)
and a decrease in cash and deposits (¥ 244 million).
Total liabilities at the end of the nine month the fiscal year under review increased by ¥ 1,049 million, to¥ 21,833 million. It was mainly due to an increase in borrowings (¥ 1,048 million).
Total net assets at the end of the nine month the fiscal year under review increased by ¥ 763 million, to¥ 17,650 million. It was mainly due to an increase in retained earnings (¥ 742 million). As a result, the equity
ratio shifted to 44.6% from 44.7% at the end of the previous fiscal year.
(3) Future Outlook
In Japan, business confidence is improving due to a recovery in consumer spending and the employment
environment, although prices are rising due to soaring energy prices. In the parking industry, hourly parking lot
is in short supply, especially in big cities, and the supply-demand balance is tight.
In this environment, the Company will continue to conduct aggressive sales activities, and will also makeefforts to improve the profitability of existing parking lots by setting flexible rate changes. In addition, theCompany aims to expand its business and base earnings by taking advantage of business alliances with major
real estate developers and real estate brokerage firms. And, the Company will focus on acquiring land forparking lots and aim to expand the Company’s business and base earnings, while taking into consideration
demographic trends and other indicators.
There are no revisions to the business forecasts for the fiscal year ending September 30, 2023, which wasannounced on May 10, 2023.
*The forecasts are based on information available to the Company at this time, and include potential risks anduncertainties. Therefore, actual results may differ from the announced forecasts.

-3-2. Financial Statements and Notes(1) Balance Sheet(Millions of yen)
As of September 30, 2022
AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Prepaid expenses
OtherAllowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings, netMachinery and equipment, net
Land
Leased assets, net
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Current portion of long-term borrowings
Income taxes payable
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 liabilitiesTotal liabilities-4-

As of June 30, 2023

3,961
167
553
39
△04,721

3,716
215
591
33
△04,556702
686
29,781724
386
32,2819659
32,94937,671

721
630
31,770673
432
34,22926
671
34,92739,484

296
－
1,992
476
39
12
681
3,498

382
304
2,195
342
23－
738
3,987

16,347
473
38
292
133
17,286
20,784

16,887
469
42
304
143
17,846
21,833

(Millions of yen)
As of September 30, 2022
Net assets
Shareholders' equity
Share capital
Capital surplus
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-5-

As of June 30, 2023

1,847
2,284
13,128△378
16,882

1,848
2,286
13,871△377
17,628

68

△32
△2630
16,88637,671△24△1637
17,65039,484

(2) Statement of Profit and Loss(Millions of yen)
Nine months ended
June 30, 2022
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Gain on forfeiture of unclaimed dividends
Insurance claim income
Commission income
Compensation income
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
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Total extraordinary losses
Profit before income taxes
Income taxes
Profit-6-

Nine months ended
June 30, 20239,534
6,752
2,782
1,134
1,648

10,906
7,473
3,433
1,251
2,181

0
000－－
0100001
104

154
0
155
1,494

162
1
163
2,022

29
29－－

9
9
1,515
484
1,031

11
11
2,011
634
1,377

(3) Notes to Financial Statements(Notes on going concern assumption)
Not applicable.
(Notes on significant changes to shareholders’ equity)
Not applicable.
(Adoption of accounting treatment specific to the preparation of quarterly financial statements)
Calculation of tax expense
Tax expenses are calculated by reasonably estimating the effective tax rate after applying tax effect accounting
against income before income taxes for the current fiscal year, including the third quarter ended June 30, 2023,
and then multiplying income before income taxes for the three months with the said estimated effective tax rate.
(Changes in accounting policies)
Not applicable.
(Changes in accounting estimates)
Not applicable.
(Segment information)
The segment information is omitted, as the Company has a single segment related to the parking lot
development, operation and management business.

-7-