Results Briefing Materials for the Fiscal Year Ended March 31, 2024

Takamiya Co., Ltd. (2445:Tokyo)
Grand Front Osaka Tower-B Bldg.27F
3-1, Ofuka-cho, Kita-ku, Osaka 530-0011, Japan
TEL : +81-6-6375-3900 FAX : +81-6-6375-8825
Page 2

Agenda1. Corporate Profile

2. Topics

3. Changing the Consolidation Range

4. Explanation of Consolidated Financial Results

5. Future outlook

Page 3

Corporate Profile
Basic Information

Corporate Name
EstablishedTakamiya Co., Ltd.
June 21, 1969

Representative

Kazumasa TakamiyaRepresentative Director, President and Chairman

Capital stock

1,052.14 million yen

Number of employees

Consolidated: 1,327, Non-consolidated: 753*As of the end of March 2024

Registered head officeGrand Front Osaka Tower-B Bldg. 27F, 3-1, Ofuka-cho, Kita-ku, Osaka 530-0011, Japan

Consolidated subsidiaries

Domestic: 7 companiesIWATA Co., Ltd. & AOMORI ATOM Co., Ltd. & TOTAL TOSHISEIBI Co., Ltd.
Nakaya KizaiCo., Ltd. & HIRAMATSU Co., Ltd. & CadianCo., Ltd & ECO-TRY Co., Ltd.
Overseas: 3 companies Hory Korea Co., Ltd. & HORY VIETNAM Co., Ltd. & DIMENSION‐ALL INC.

Page 4

Corporate Profile
Business Overview

A platform company for temporary equipment, including scaffolding
Resolve management and operational issues faced by customers.

[Development/Manufacturing] [Sales] [Rental] [Design/installation] [Management/logistics] provided as a one-stop service.

Page 5

Corporate Profile
History

1969.6

Established Shin-Kansai Co., Ltd. (now Takamiya Co., Ltd.) in Higashiyodogawa-ku, Osaka for the purpose of Sellingtemporary materials.

1998.3

Techno Kobo Co., Ltd. (now a consolidated subsidiary and name changed to CadianCo., Ltd.) was established in Kita-ku, Osaka.

2004.10HIRAMATSU Co., Ltd. (now a consolidated subsidiary, MakinoharaCity, Shizuoka Prefecture) is established in Haibara-cho, Haibara-gun, Shizuoka Prefecture.

2005.6

Listed on the JASDAQ..

2007.12

Listed on the Second Section of the Tokyo Stock Exchange, Inc.

2008.10AOMORI ATOM Co., Ltd. (now a consolidated subsidiary) is established as a temporary equipment rental in HigashidoriVillage, Shimokita-gun, Aomori Prefecture.

2009.8Acquired all shares of IshijimaKizaiSeisakusho Co., Ltd. (now TOTAL TOSHISEIBI Co., Ltd.) in Nakagawa Ward, Nagoya City, making it a consolidated subsidiary.

2010.9Acquired 100% of the outstanding shares of Hory Co., Ltd. The company and its 100% owned subsidiary, Hory Korea Co., Ltd., become consolidated subsidiaries.

2013.7

Established HORY VIETNAM (currently a consolidated subsidiary) in the Socialist Republic of Vietnam.

2014.12

Listed on the First Section of the Tokyo Stock Exchange, Inc.

2015.7

DIMENSION-ALL INC. for selling and renting aluminum formworks (PassigCity, Republic of the Philippines) will become a consolidated subsidiary.

2018.2Acquire all shares of Nakaya KizaiCo., Ltd. in Matsue City, Shimane Prefecture and make it a consolidated subsidiary.

2019.4

Changed the name to [Takamiya Co., Ltd.] and renovated the logo mark accordingly.

2022.4

Transitioned to Tokyo Stock Exchange Prime Market, Inc.

Page 6

Corporate Profile
Domestic Business Sites

Head Office

Branches and sales offices
Hokkaido・Tohoku
◼
◼

◼
◼

Sapporo Branch
Tohoku Sendai Branch
Morioka Sales Office
Fukushima Sales Office

Kinki◼ Osaka Branch◼

◼

Keiji Sales Office
Kobe Sales Office

Chushikoku
Kanto

Grand Front Osaka
Tower B 27th Floor◼
◼
◼

Kita Kanto BranchTokyo Branch
Ichihara Sales Office◼
◼

Kyushu
◼

Chubu
◼
◼
◼
◼
◼

Niigata Branch
Hokuriku Sales Office
Nagano Sales Office
Nagoya Branch
Shizuoka Sales Office

Chugoku Shikoku Branch
Hiroshima Sales Office◼
◼

Kyushu Fukuoka Branch
Kurume Sales Office
Okinawa Sales Office

Page 7

Corporate Profile
Domestic Business Sites

Base
Tohoku◼
◼
◼
◼

Takamiya Lab.
Chubu

Aomori Higashidori Base ◼
◼
Iwate Morioka Base
Miyagi Sendai 2nd Base ◼
Fukushima Hirono Base ◼
◼

Kanto
◼
◼
◼
◼
◼
◼
◼

◼

Chushikoku-Okinawa

Niigata Yokogoshi Base ◼
Niigata Nagaoka Base◼
Shinshu Nagano Base◼
Nagano Iida Base
Ishikawa Kanazawa Base
Fukui Sabae Base
Shizuoka Yoshida Base
Tokai Kisosaki Base◼
Ibaraki Chuo Base◼
Ibaraki Tsukuba Base
Ibaraki Dejima Base
Chiba Ichihara Base
Kinki
Chiba Okido Base◼
Takamiya Lab. West (Base)
Saitama Kuki Base
Kanagawa Aikawa Base ◼ Shiga Omihachiman Base◼
Osaka Hirakata Base◼
Osaka Settsu Base◼
Wakayama Momoyama Base◼
Hyogo Tojo Base◼
Hyogo Kobe Base

Hiroshima Shiwa Base
Kagawa Sanuki Base
Okinawa Naha Base

Takamiya Lab. West

Factory◼
◼

Gunma Factory
Gifu Factory

Page 8

Corporate Profile
Overseas Business site

Hory Korea Co., Ltd.
Manufacture, sales, and rental of temporary construction
equipment and solar power generation panel mounting systems.

HORY VIETNAM Co., Ltd.

Manufacturing and selling domestically and internationally, with afocus on Japan.

DIMENSION-ALL INC.
Rental and sales of temporary construction equipment, such as
formwork for construction.
Page 9

Corporate Profile
Business Structure

sales, rental, and installation

Purchase

Hory Korea Co., Ltd.
HORY VIETNAM Co., Ltd.

Sales

Overseas
Businesssales, rental, and installation
DIMENSION-ALL INC.

Sales

Sales

Sales
Sales

Supplier・Raw material
manufacturers,
・Temporary equipment
manufacturers,
・Trading companies,
etc.

Request fortransportation

Purchase

Transportation

HIRAMATSU Co., Ltd.

Customers

・Construction companies,
・Housing manufacturers,
・Agricultural corporations,
etc.

Sales
business

Request fortransportation

Ordering ofdrawings

Provision ofdrawings

Cadian Co., Ltd.

Provision ofdrawings
Ordering ofdrawings

Sales
IWATA Co., Ltd.
AOMORI ATOM Co., Ltd.
TOTAL TOSHISEIBI Co., Ltd.
Nakaya Kizai Co., Ltd.
ECO-TRY Co., Ltd.

Rental andconstruction

Rental andconstruction

Rentalbusiness

Provision of drawings

Page 10

Topics

March 25, 2024
Notice Regarding Land Acquisition for Takamiya Lab. East Construction

In addition to the above, various releases. IR information is available on our website.
https://corp.takamiya.co/en/ir/

Page 11

Changing the Consolidation Range
Starting from the current consolidated fiscal year, we will include Eco-Try Co., Ltd., which was previously a non-consolidated subsidiary,
within the consolidation scope and incorporate it into the rental segment.
Company Overview

The Impact on Consolidated PerformanceName

ECO-TRY Co., Ltd.

Net Assets

224 million yen

Address

Ibaraki Prefecture, Tsukuba Mirai City,
Yoko-dai 4-9-9, Metroid 1, Unit 003

Total Assets

466 million yen

Representative Director
Kazunori Kawakami

Net Sales

1,011 million yen

Representative

Planning, design, construction, supervision,
contracting, and technical guidance forarchitectural and civil engineering works, aswell as aerial and civil engineering works.

Gross Profit

193 million yen

Operating Income

91 million yen

Capital30 million yen

Ordinary Incone

96 million yen

Incorporation Date

May 24, 2000

Profit attributable toowners of parent

64 million yen

Business Activities

Page 12

Explanation of Consolidated Financial Results

Page 13

1. Consolidated Financial Results (April 2023 to March 2024)
1.1 Consolidated Financial Results
While falling short of planned profits and indicators at each stage, the results exceeded those of the same period in the previous year,
leading to increased sales and income.

Consolidated Financial
Results

FYE March 31, 2024 Forecast

ReferenceFYE March 31, 2023 Results

FYE March 31, 2024 Results

Ratio to net sales

Ratio to net sales

YoY
comparison

Ratio to net sales

Net sales

48,000-44,127100.0％

41,894100.0%+5.3%

Gross profit--

14,42832.7％

12,58730.0%+14.6％

SG&A--

11,02324.9％

10,334

24.7%

+6.6％

Operating income

3,800

-

3,404

7.7％

2,253

5.4%

+51.1％

Ordinary income

3,580

-

3,580

8.1％

2,400

5.7%

+49.1％

4.2％

1,460

3.4%

+29.3％

2,420

-

1,887

51.95 yen-

40.53 yen

14.00 yen-

14.00 yen

Depreciation

-

-

5,430

12.3％

5,140

12.3%

EBITDA

-

-

8,835

20.0％

7,393

17.6%

Profit attributable to owners of parent

Earnings per share
Diluted earnings per share

Annual dividends per share

39.78yen-

31.36 yen-

14.00 yen

30.28 yen

-

-

-

+5.6％
+19.5％*Unit: Million yen

Page 14

1. Consolidated Financial Results (April 2023 to March 2024)
1.2 Summary
Expansion of each metric compared to the same period last year.

◼

In the sales business, the postponement of the purchase timing of temporary related equipment occurred due to factors such as sales price revisions.
In the rental business, there is a growing trend in rental usage, with high rental asset utilization rates in both constructi on and civil engineering sectors.
In overseas operations, rental activities are performing well in Holly Korea, but sales of solar-related products and others are decreasing. At
DIMENSION-ALL INC., performance remains at the same level as the previous year's period due to factors like the postponement of commencementof large-scale projects.

◼

Due to increased revenue from the rental business..

◼

Net Sales

44,127 million yen（5.3％ increase）

Operating Income

3,404 million yen（51.1％ increase）

EBITDA

8,835 million yen（19.5％ increase）

Ordinary Income

3,580 million yen（49.1％ increase）

◼

◼
◼

◼
◼

Increased profitability in operating income.
As a result of investing primarily in rental assets for platform users, depreciation expenses for rental assets increased.

Increased profitability in operating income.
Due to a 160 million yen increase in foreign exchange gains.

*The numerical value within parentheses indicates the year-on-year comparison.

Page 15

1. Consolidated Financial Results (April 2023 to March 2024)
1.3 Comparison of consolidated performance indicators with the same period of the previous year
The Rental business saw increased sales and income, the Sales business experienced decreased sales but increased income, and theOverseas business faced both decreased sales and income.
Net Sales+2,233 million yen increase（YoY 5.3% increase）

Operating Income 1,151 million yen increase（YoY 51.1% increase）*FY ended/ending March 31*Unit: Million yen

Page 16

1. Consolidated Financial Results (April 2023 to March 2024)
1.3 Comparison of consolidated performance indicators with the same period of the previous year
Both the increase in EBITDA and ordinary income can be primarily attributed to the increase in operating income.
EBITDA 1,142 million yen increase（YoY 19.5% increase）

Ordinary Income 1,179 million yen increase（YoY 49.1% increase）*FY ended/ending March 31*Unit: Million yen

Page 17

1. Consolidated Financial Results (April 2023 to March 2024)
1.4 Progress
Net Sales , Operating income, and Profit attributable to owner of parent all exceeded the previous year's figures despite falling short of theplanned targets.
Plan

Net Sales

FY24

9,896

FY23

9,017

Operating
IncomeFY24

Ordinary
IncomeFY24

Profit attributableto owners of parent

FY23

FY23

FY24
FY23

10,896

11,39010,782

10,886

796

409
181

582

615
436

701

313

999

3,800 million yen
Progress rate 89.5％

1,041
587

1,053

676

589
433

Progress rate 91.9％

646

869

417

11,2081,199
843

48,000 million yen

11,944Progress rate 100.0％

721
429

1Q

160

2,420 million yen
Progress rate 77.9％

284

2Q

3,580 million yen

3Q

4Q*FY ended/ending March 31*Unit: Million yen

Page 18

2. Cumulative results by segment (April 2023 to March 2024)
2.1 Summary of Results by Segment
The Sales business and Rental business saw significant increases in operating Income compared to the same period last year.

Segment Sales

Segment Operating Income（margin）

FY2023

FY2024YoY

FY2023

FY2024

YoY

Sales

13,157

12,597(4.3)％

1,189(9.0%)

1,701(13.5%)+43.0%

Rental

24,71428,214+14.2%

2,610(10.6%)

3,691(13.1%)+41.4%

overseas

8,986

7,897

(12.1)%

404(4.5％)

320(4.1%)(20.7)％*FY ended/ending March 31*Unit: Million yen

Page 19

2. Cumulative results by segment (April 2023 to March 2024)
2.2 Progress by Segment
The Rental business achieved its targets, while the Sales and Overseas businesses fell short of their targets.

Sales

RentalOverseas12.5 billion yen / 16.2billion yen
Progress rate 77.4％

28.2 billion yen / 27.2 billion yen
Progress rate 103.6％

7.8 billion yen / 8.9 billion yen
Progress rate 88.4％

FY24

2,895

2,844

FY23

2,472

3,568

3,314

3,543

3,469

FY24

6,346

FY23

5,706

5,923

FY24

1,824

2,305

FY23

2,043

3,647

6,896

2,419

7,231
6,461

7,740
6,624

2,061
2,310

1,705
2,213

*FY ended/ending March 31*Unit: Million yen

Page 20

3. Sales Business
3.1 Factors behind changes from the same period of the previous fiscal year
Although there continues to be a trend of postponing purchase decisions due to factors such as changes in selling prices, the impact ofprice revisions is gradually being absorbed.

Segment Operating income 511 million yen increase（YoY 43.0% increase）

Segment Sales 559 million yen decrease（YoY 4.3% decrease）◼

◼

The temporary equipment, environmental-related, and building materials divisions
experienced a decrease in revenue compared to the same period last year.
In comparison to the same period last year, the used equipment sales division experienced
an increase in revenue.

◼

◼

In the used equipment sales, including Iq Bid, profit margins improved due to large-scale
projects..
The main factor for the increase in sales and management expenses was the rise inoperating expenses.

*FY ended/ending March 31*Unit: Million yen

Page 21

3. Sales Business3.2 Sales by Sector
There remains strong interest in next-generation scaffolding, with inquiries for new acquisitions, replacements, and additional purchases
showing a robust increase. Used equipment sales, including Iq-Bid, have also seen an increase.
Temporary construction equipment

9,817

1,686

Secondhand

9,346
8,654

2,657

1,332

2,458

1,243

2,347

812

358
2,158

2,890

2,548

477
2,406

296

214
2,313

1,817

2,112

2,027

2,084

FY22

FY23

FY24

Temporary construction equipment

415

263
FY22

270

359

390

193

212

FY23

FY24

◼
◼
◼
◼

4Q
3Q
2Q
1Q

Secondhand*FY ended/ending March 31*Unit: Million yen

Page 22

3. Sales Business3.2 Sales by Sector
In the environmental-related division, sales in the agricultural sector increased compared to the previous period, while sales in the PV(photovoltaic) sector decreased.
Environment-related

1,786

1,695

Construction materials
1,605

◼
◼
◼
◼

410
485

307

873

275

494

693

510

FY22

211

75
129

166

268

318

187

160

128

FY22

FY23

FY24

191

317

Solar-related products
and agricultural houses

650

149

489

612

234

626

4Q
3Q
2Q
1Q

469
FY23
Environmetal-related

FY24

Vibration control equipment
and housing materials

Construction materials*FY ended/ending March 31*Unit: Million yen

Page 23

3. Sales Business
3.3 Iq System Sales
The price increase due to revisions in selling prices has had an impact, strengthening the trend of customers opting for rental use andcausing a delay in their purchase decisions..

Iq System Sales Results
4,294
3,917
3,270

3,244

3,504
3,219
◼

Cumulative Iq System sales 28 billion yen

2,510
◼

1,939
◼

FY2017FY2018FY2019FY2020

FY2021

FY2022

FY2023Year-to-date cumulative sales amount 3.21 billion yen
YoY 17.8％ decrease
4Q sales amount 0.8 billion yen
YoY 32.0％ decrease

FY2024*FY ended/ending March 31*Unit: Million yen

Page 24

3. Sales Business
3.4 The number of purchasing companies for Iq System
Customers are increasingly purchasing the Iq system, which excels in workability and construction, to address the 2024 issue. There is alsoa growing trend in repeat purchases.
47

The number of purchasing companies for Iq System

48■ Total number of purchasing companies■ Number of new purchasing companies in the current fiscal year
■ Number of repeat purchasing companies in the current fiscal year

71
73

◼

48

465

273
177

131

FY2017

◼

225

45
45

The number of new purchasing companies
in the current fiscal year is 47.

346

46

82

◼

417

48

The cumulative number of purchasing
companies is 512.

62

77

90

FY2018FY2019FY2020115

FY2021123

FY2022153

FY2023The number of repeat purchasing
companies in the current fiscal year is 149.

149

FY2024*FY ended/ending March 31*Unit: 1 company

Page 25

3. Sales Business
3.5 The spread per square meter of Iq System
In addition to the increase in sales volume, with the addition of rental assets owned by our company, the spread per square meter has
surpassed 10 million square meters.

The spread per square meter of Iq System*The combined amount of our rental assets and sales volume.

◼

The cumulative spread per square meter is
11.16 million square meters.

1,116
949
648

365

FY2017454

FY2018

724

◼

815

The increase in square meters for the current
fiscal year is 1.67 million square meters.

532

FY2019FY2020

FY2021

FY2022

FY2023

FY2024*FY ended/ending March 31*Unit: Million square meters

Page 26

3. Sales Business3.6 Share of the Scaffolding
Popularization of next-generation scaffolds in the industry and penetration of Iq Systems are firm

Market share of the Scaffolding

Market share of the Next generation Scaffolding

Iq system
About 12%
Conventional
Scaffolds
About 63%

Other
next-generation
Scaffolds
About 25%

Other
next-generation
Scaffolds
About 65%

Iq system
About 35%

*We plan to update annually based on our proprietary surveys.

Page 27

3. Sales Business3.7 Quarterly Results by Segment
We achieved the highest segment profit in the last three years through year-on-year comparisons.
Fiscal Year Ended March 31, 2022

Sales

3,568

3,174

Ordinary
Income

2,920
9.8%

14.1%

312

559

1Q

Fiscal Year Ended March 31, 2024

3,574

3,959
Operating
IncomeFiscal Year Ended March 31, 2023

2,472
10.3%

6.4%

368

127

4Q

1Q

2Q

9.8%

9.5%

8.6%

334

358

275

246

3Q

4Q

1Q

2Q

3,543
16.5%

17.9%

9.6%

5.2%

576

186
3Q

3,314

2,895
2,844

16.1%

2Q

3,647

3,469

591

587

3Q

4Q

Sales

+17.5％＋39.9%＋18.6%(10.5)%(22.1)%(9.8)％+18.8%+2.0%+17.1%(20.2)%(4.5)%(2.8)%

Operating income+8.7％＋92.8%(28.9)%+1.9%(59.1)%(34.1)％+79.6%(37.8)%+116.0%(33.1)%+76.9%+63.7%First half

Second halfFirst half

Second halfFirst half

Second halfSales

7,134（+29.0%）

6,495（＋0.6%）

6,040（(15.3)%）

7,116（+9.6%）

5,739（(4.9)％）

6,857（(3.6)％）

Operating income

871（+50.8%）762（(7.8)%）495（(43.0)%）692（(9.2)%）

522（+5.2％）

1,179（+70.1％）

Sales

13,629（+13.7%）

13,157（(3.5)%）

12,597（(4.3)％）

Operating income

1,633（+16.3%）

1,189（(27.2)%）

1,701（+43.0％）*Segment sales and segment operating income are figures that include internal transactions.

Page 28

4. Rental business
4.1 Factors behind changes from the same period of the previous fiscal year
As a result of the impact of the revised sales pricing, there was a stronger trend towards customers using rental services, leading to a highlevel of operational sales and income growth.

Segment Operating income 1,081 million yen increase（YoY 41.4% increase）

Segment Sales 3,499 million yen increase（YoY 14.2% increase）◼

◼

The utilization rates of rental assets have been consistently high in both the architecturaland civil engineering sectors.
With the acquisition of ECO-TRY Co., Ltd. as a subsidiary, there has been an increase insales revenue.

◼
◼

Due to the increase in sales, gross profit has increased.
The main reason for the increase in selling and administrative expenses is personnel costs.

*FY ended/ending March 31*Unit: Million yen

Page 29

4. Rental business
4.2 Utilization Rates by Rental Asset Classification
The utilization rates of construction-related equipment and civil engineering-related equipment have both exceeded those of the same
period last year, resulting in the overall utilization rate of rental assets reaching its highest level ever.
construction-related

civil engineering-related

66.0%

64.0%
58.7%

Total rental assets

58.0%

58.4%

61.4%

63.8%

65.6%

67.5%

70.1%
61.7%

59.4%

66.3%

60.3%

54.1%
54.7%
47.5%

50.4%

50.7%

35.0%

37.5%

1Q

2Q

51.8%

41.6%

42.1%

43.5%

3Q

4Q

1Q

54.7%

58.0%

57.0%

57.9%

57.7%

53.9%
44.0%

45.9%

2Q

3Q

47.3%

48.6%

4Q

1Q

2Q

3Q

55.2%

4Q

FY2022

FY2023

FY2024

Average utilization rate
Total rental assets：50.8％
Construction：58.7％ Civil engineering：39.0％

Average utilization rate
Total rental assets：55.4％
Construction：62.4％ Civil engineering：45.2％

Average utilization rate
Total rental assets：59.9％
Construction：67.4％ Civil engineering：53.8％*The utilization rate is calculated as therental volume divided by the owned assets.

*The trend in utilization rates typicallypeaks in the third quarter each year.
*FY ended/ending March 31

Page 30

4. Rental business
4.3 Trends in utilization Rates by Major Products
Iq System’s utilization rate, despite being lower than the same period last year due to the increase in rental asset holdings, still recorded thehighest utilization rate in history.
Iq System

Hanging scaffolding

76.8%
70.5%
63.7%

76.7%

73.4%

69.3%

71.0%

66.6%

67.2%

72.0%

72.6%

64.3%

63.8%

63.5%

64.7%

4Q

1Q

2Q

3Q

70.1%

71.3%
65.8%

65.2%

60.8%

1Q

75.3%

71.3%

63.2%

2Q

3Q

4Q

1Q

2Q

3Q

58.8%

FY2022

FY2023

FY2024

Average utilization rate
Iq System：69.1％
Hanging scaffolding：68.3％

Average utilization rate
Iq System：71.5％
Hanging scaffolding：65.8％

Average utilization rate
Iq System：72.5％
Hanging scaffolding：62.7％

4Q*The utilization rate is calculated as therental volume divided by the owned assets.

*The trend in utilization rates typicallypeaks in the third quarter each year.
*FY ended/ending March 31

Page 31

4. Rental business4.4 Quarterly Results by Segment
We achieved the highest segment profit in the past three years through year-on-year comparisons.
Fiscal Year Ended March 31, 2022

Fiscal Year Ended March 31, 2023

Fiscal Year Ended March 31, 2024

Sales

5,955

6,024

5,918

5,385

5,706

6,461

5,923

Operating
IncomeOrdinary
Income

1.2%

6.4%

6.3%

6.8%

7.0%

378

378

403

396

62

1Q

6,624

10.7%

13.4%

634

864

7,740

7,231

6,896

6,346

14.9%

14.2%
10.8%

9.7%

715

613
1Q

13.1%
1,019

1,077

981

1Q

2Q

3Q

4Q

2Q

3Q

4Q

2Q

3Q

4Q

Sales

(11.9)%(7.3)%(1.0)%(9.6)%

+6.0％

+0.1%

+7.3%

+11.2%+11.2％+16.4%+11.9%+16.8%

Operating income(88.3)%(51.2)%(28.3)%－+534.4％+67.7%+128.6％+77.4%+54.6％+54.7%+24.8%+42.4%First half

Second halfFirst half

Second halfFirst half

Second halfSales

11,303（(9.5)%）

11,980（+4.0%）

11,629（+2.8%）

13,085（+9.2%）

13,242（+13.8%）

14,971（+14.4%）

Operating income

440（(66.3)%）

781（+60.2%）

1,030（+134.0%）

1,579（+102.2%）

1,594（+54.7%）

2,096（+32.7%）

Sales

23,283（(3.0)%）

24,714（+6.1%）

28,214（+14.2%）

Operating income

1,221（(31.9)%）

2,610（+113.6%）

3,691（+41.4%）*Segment sales and segment operating income are figures that include internal transactions.

Page 32

5. Overseas business
5.1 Factors behind changes from the same period of the previous fiscal year
Similar to within Japan, customer trends show a preference for rental usage. Additionally, the manufacturing and sales for Takamiya by Hory
Korea and HORY VIETNAM remain strong.
Segment Sales 1,088 million yen decrease（YoY 12.1% decrease）◼
◼
◼

HORY VIETNAM and Hory Korea's sales to Takamiya have been performing well.
At Hory Korea, solar-related sales have decreased.
In the Philippines, due to delays and postponements in starting large-scale projects, sales
have remained at the same level as the previous year.

Segment Operating income 83 million yen decrease（YoY 20.7% decrease）◼

Due to a slight increase in operating expenses, selling and administrative expenses alsoslightly increased.

*FY ended/ending March 31*Unit: Million yen

Page 33

5. Overseas business
5.2 Major projects
Although we have major projects centered around infrastructure-related construction, delays in starting these projects are a concern.

◼

South Korea◼
◼

Philippines◼
◼

Incheon Airport Terminal 2 Expansion
Jonan Seoul University Hospital
Seoul University Medical Library

Metro Manila metropolitan subway
North-South Commuter Railway

◼
◼

◼
◼

Incheon Nishi-ku Renrikubashi PC HOUSE
Keihoku Eitoku Panak Hotel Resort

Metro Rail Transit Line 7 (MRT7)Metro Manila Skyway (MMS)

Page 34

5. Overseas business5.3 Quarterly Results by Segment
The decrease in revenue and increase in profit compared to the same period of the previous year.
Fiscal Year Ended March 31, 2022

Fiscal Year Ended March 31, 2023

2,419
1,711
Operating
Income

7.8%

3.4%
47

2,305

2,213

134

2,061

1,824

1,666

1,612

1,419

Ordinary
Income

2,310

2,043

Sales

Fiscal Year Ended March 31, 2024

2.0%

3.8%

5.2%

4.7%

32

63

105

113

4.7%
109

1,705

3.5%

2.2%

77

40

7.4%

5.6%

171

116

0.0%

(7)
1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

Sales

+3.1%

+34.2%+32.6%+16.4%+43.9%+41.3%+43.3%+32.8%(10.7)%(4.6)%(10.8)%(23.0)%

Operating income+152.3%－+6576.3%－+122.0%(16.4)%+240.6%+20.6%(61.9)%+52.7%+6.2%－%

First half

Second halfFirst half

Second halfFirst half

Second halfSales

3,130（＋18.1%）

3,279（＋23.8%）

4,462（+42.5%）

4,523（+37.9%）

4,130（（7.4）%）

3,767（(16.7)%）

Operating income

181（－）

96（－）

218（+20.4%）

185（+92.7%）

211（（2.9）%）109（(41.5)%）

Sales

6,410（＋20.9%）

8,986（+40.2%）

7,897（(12.1)%）

Operating income277（－）

404（45.8%）320（(20.7)%）*Segment sales and segment operating income are figures that include internal transactions.

Page 35

6. Takamiya Platform Key Metrics
The expansion and adoption of the Takamiya Platform have progressed, leading to growth in all key metrics.
The platform sales figures are not aggregated based on the criteria for segment disclosure but are the result of aggregation based on the criteria set at the beginning of the period. Therefore, they differ from the aggregated figures based on thesegment disclosure criteria in Page 41, 'Future Outlook - Consolidated Performance Forecast

Platform sales*

Plan*Unit: billion yen

4.1

◼
◼
◼
◼

Number of accounts for OPE-MANE company

Number of accounts for OPERA company*Unit: 1 company

Billion Yen*Unit: 1 company*Service launched on April 1, 2022

4,298

4Q
3Q
2Q
1Q

◼
◼

New
Cumulative

24

◼
◼

New
Cumulative

268

1,665

1.6
Billion Yen

0.6

598

Billion Yen

313
516
237

FY2022
Results

FY2023Results

1,134

23
37

882

300

300

FY2023

FY2024

6617

FY2024

Plan＆ Results

1
3

4
4

14
8

2
1
1
FY2018FY2019FY2020FY2021FY2022FY2023FY2024*FY ended/ending March 31

Page 36

7. Consolidated Balance Sheets
7.1 Changes in major accounts
The increase in total assets is due to investments in rental assets to ensure stable supply to platform users.
Cash and deposits7,786 million yen ((510) million yen)
Current
assets

Notes and accounts receivable-trade：12,026million yen （+574 million yen）

Investments and other assets
Property, plant and equipment
Net assets
Current liabilities

Inventory assets increased in
anticipation of the rising demand
for OPE-MANE.

Intangibke assets
Current assets
Non-current liabilities

68,945Inventories：8,964million yen (+779 million yen)

59,081
Rental assets, net：18,240 million yen (+3,890million yen)Noncurrent
assetsCurrent
liabilities

Noncurrent
liabilities
Net
assets.

Land：9,058 million yen (+1,292 million yen)
Short-term loans payable：3,986 million yen（+77 million yen）
Income taxes payable：922 million yen（+530 million yen）
Bonds payable：5,958 million yen（+1,694 million yen）
Long-term loans payable：14,742 million yen（+2,488 million yen）
Total shareholders‘ equity：20,847 million yen（+1,374million yen）

Rental assets increased toensure surplus capacity for
OPE-MANE users. Acquisition ofland for the construction of
Takamiya Lab. East.

26,681

20,03562,74928,43021,87829,07322,42424,363Due to an increase inperformance leading to higher
corporate taxes.

Borrowings increased to execute
various investments aimed atenhancing platform functionality.

787
3,282
Assets35,86730,292

28,32919,337

Liabilities
Net assets
2022年3月期

Increase in retained earnings.

20,34919,708FY2022

22,157

20,522746
3,280
Assets709
3,294
Liabilities
Net assets
2023年3月期

FY2023*The figures in parentheses indicate the change from the end of the previous period

AssetsLiabilities
Net assets

2024年3月期*FY ended/ending March 31

FY2024*Unit: Million yen

Page 37

8. Cash flow statement
8.1 Factors for Increase/Decrease
As a result of planned production anticipating increased demand, inventory assets and rental assets increased, leading to an increase indepreciation expenses as well.
[Cash flows from operating activities]

FY2023

Income before income taxes and minority interests：

3,186（+1,050）

Depreciation：

5,430（+290）

Purchase of assets for rent：

(1,634)（(712)）

Decrease (increase) in notes and accounts
receivable – trade：(306)（(219)）

Decrease (increase) in inventories：(6,398)（(710)）

FY2024

Income before income taxes and minority interests

2,136

3,186

Net cash provided by (used in) operating activities

(14)

(180)

Net cash provided by (used in) investing activities(1,205)(3,187)

Net cash provided by (used in) financing activities

398

2,798

74

75

Net increase (decrease) in cash and cash equivalents

(747)

(495)

Cash and cash equivalents at beginning of period

8,516

7,768

Cash and cash equivalents at end of period

7,768

7,460

[Cash flows from investing activities]：(3,416)（(2,478)）

Net increase (decrease) in short-term loans
payable：15（(1,219)）

Proceeds from long-term loans payable：

8,500（+2,440）

Repayments of long-term loans payable：(5,971)（+35）

Proceeds from issuance of bonds：

2,434（+1,257）

Cash dividends paid：(652)（-）

Purchase of property, plant and equipment

Effect of exchange rate change on cash and cash equivalents[Cash flows from financing activities]*The figures in parentheses indicate the change from the end of the previous period*FY ended/ending March 31*Unit: Million yen

Page 38

9. Investment Plans and Results
9.1 Three-Year Investment Plan
In line with the plan, various investments were made to expand the platform's functions and promote digital transformation.

◼
◼

Capital Investment
Rental Asset Investment

Plan
Results
3,934

Results

3,265◼

Results
1,165

◼

7,989

2,912

Capital Investment

7,865

Rental Asset Investment
◼

5,746

Construction of the Innovation Hub at Takamiya Lab West
Investments towards enhancing platform functionality, including DX,
IoT, and productivity improvements, are being steadily executed.

Increased investment to ensure the stable supply of the Iq System.

2,524

FY2022

FY2023

FY2024FY2024

Page 39

Future Outlook

Page 40

Future Outlook
Change in Business Segments
Disclose the platform business and visualize the expansion of the Takamiya Platform business.
The purpose of establishing a new business segment
Starting from the first year of our new medium-term management plan, we will enhance the transparency of the Takamiya Platform business and visualize businessgrowth. To achieve this, we will disclose the platform business as a separate segment and change our reporting segments. Furthermore, we will clearly transition from abusiness portfolio focused mainly on rental operations to one centered around the platform business.

Sales Business

Platform Business

New

Sales Business
Rental Business
Rental Business
Overseas Business

Overseas Business

Page 41Future Outlook
Disclosure of the Platform Segment
Extracting revenue from sales and rental operations to disclose revenue generated by platform services as revenue from the platformbusiness.
The concept of business segments
Sales Business
12,597 million yen

Platform Business
2,274 million yen
Sales Business
11,338million yen

Example of Revenue Extraction
・Revenue from the purchase of temporary equipment based on the use of OPE-MANE
services, along with associated rental and management revenue.
・Transaction fees from Iq-Bid.

Rental Business
28,214 million yen

Rental Business
27,199 million yen

・Revenue related to products developed jointly with customers.
・Revenue related to BIMCIM and spatial measurement.

The aggregation results based on the new criteria
The platform sales figures disclosed in past documents are calculated based on criteria

Overseas Business
7,897 million yen

Overseas Business
7,897 million yen

FY2024
Performanceof the conventional business segments

FY2024
Performance＊of the new business segments

different from those established for the disclosure of the platform business. Consequently,
there are discrepancies in the amounts.

＊The figures are calculated by our company in preparation for segment disclosure based on the new standards starting from the fiscal year ending March 2025.

Page 42Future Outlook
Consolidated Performance Forecast
Starting from the fiscal year ending March 2025, we will disclose the Platform Segment. Although the demand for temporary equipment willcontinue, profitability may temporarily decrease due to investments in the platform.
Consolidated Performance Forecast for the Fiscal Year Ending March 31, 2025 (April 1, 2024 - March 31, 2025)
Net Sales

Operating income

Profit attributable to owners ofparentOrdinary income

Earnings per share

million yen％

million yen％

million yen％

million yen

％

yen

2Q

22,600

8.7

1,150

(4.6)

930

(37.4)

500(50.3)

10.73

Full year

49,500

12.2

3,600

5.7

3,220

(10.1)

2,000

3.9

42.93

FY2024 Segment sales results*

FY2025 Segment sales plan

Sales Growth

Sales Growth Rate

Platform Business

2,274

6,435

+4,161+183.0%

Sales Business

11,338

11,195(143)(1.3)%

Rental Business

27,19927,958

+759

+2.8%

Overseas Business

7,897

8,269

+372

+4.7%

Segment Adjustment(4,581)(4,358)

Total

44,12749,500+5,373+12.2%*The percentages indicate the year-on-year growth rates. *FY ended/ending March 31 *Unit: Million yen＊The figures are estimates calculated by our company in preparation for segment disclosure from the FYE March 31, 2025 onwards. Therefore, there may be discrepancies compared to the platform sales figures in previous disclosure materials.

Page 43

Future Outlook
Investment Plan
To execute various investments aimed at enhancing platform functionality, including investments in human capital, Takamiya Lab, Base, DX,
and rental assets, costs will temporarily increase.
Investment Plan
Rental Assets Investment
Rental Asset Investment

Iq System

Implementation to ensure uninterrupted supply of equipment to OPE-MANE users.

Other Temporary
Equipment

Replenishment of shortage and consumable materials.

Capital Investment+1,735

5,000

3,265

7,865

Capital Investment

+635

Base

Establishment of new Base and enhancement of its functions to improve
convenience for OPE-MANE users.

Takamiya Lab.

Construction of the Innovation Hub at Takamiya Lab West.

DX / R&D

Enhancement of systems and infrastructure to expand platform functionality,
aiming to improve customer satisfaction and productivity.

8,500

Investments Not Included in Capital Investment

FY2024 Results

FY2025 Plan

Human CapitalBase salary increases and implementation of various training programs.
*FY ended/ending March 31*Unit: Million yen

Page 44Future Outlook
Factors Affecting Operating Income Increase/Decrease
In the fiscal year ending March 2025, the increase in depreciation expenses related to rental assets and equipment investments, combinedwith the rise in personnel costs due to salary increases, temporarily led to a decrease in operating profit margin.

*Unit: Million yen

Page 45

Future Outlook
Industry-related Projects
Large-scale projects such as infrastructure-related construction, expo, integrated resorts, and semiconductor factories are on the horizon;
however, some projects are being delayed.
Hokuriku Shinkansen
Between Tsuruga andShin-Osaka
Full-scale construction
startsOsaka Integrated Resort
Scheduled to open
Shin-Meishin Expressway
opens
Otsu – Joyo

World Exposition(Osaka)TOKAI KANJO EXPWY
Opening of the entire line

Hokuriku Shinkansen
Opening of KanazawaTsuruga section

Shin-Meishin Expressway
opens
Yawata Kyotanabe Takatsuki

Linear Central
Shinkansen
Opened between Nagoya
and Shin-Osaka

Linear Central
Shinkansen
Opened between
Shinagawa and Nagoya

Opening of Hokkaido
Shinkansen
Osaka Monorail extension
Kadoma City - Uryudo

2024

2025

2026

2027

2029

2030～

Infrastructure renovation project◼
◼

Full opening of the Hokuriku Shinkansen (up to 2031)
Large-scale renewal of the capital (up to 2028)◼
◼

Large-scale renewal of Hanshin Expressway (up to 2029)
Large-scale renewal of four expressways (up to 2029)

Page 46

Future Outlook
Dividend Forecast
We will continue with growth investments while maintaining a shareholder return policy focused on stable dividends, with returns being
adjusted according to performance.

Dividend Forecast
Dividends
1Q

2Q

3Q

4Q

Total Dividends

Consolidated
Dividend
Payout Ratio

Consolidated
Return on Equity

Total

yen

yen

yen

yen

yen

million yen％％

FYE March 31, 2024 results

-

6.00

-

8.00

14.00

652

34.5

3.2

FYE March 31, 2025 Plan

-

6.00

-

8.00

14.00

32.6

*Percentages indicate the year-on-year growth rates for the full fiscal year compared to the previous fiscal year, and for the quarterly periods compared to the same quarter of the previous year.

Page 47

Future Outlook
Progress towards compliance with Prime Market listing maintenance criteria
The previously non-compliant criteria, “Average daily trading volume” and “Market capitalization of circulating shares,” are now compliant
with the criteria.

Listing maintenance criteria
As of March 2023
Compliance Status

Number of
Outstanding Shares

Market Capitalizationof Outstanding Shares

200,00 units

10 billion yen

35.0％

20 million yen

203,175 units

8.2 billion yen

43.6％

18 million yen

Compliance

Our compliancestatus and its trend

As of March 2024
Compliance Status
Compliance Assessment Reference Date

206,378 units
Compliance（予定
Non-compliance）10.9 billion yen
Compliance
As of March 2025

Float Ratio

Compliance

44.3％
Compliance

Average Daily T
rading Volume

Non-compliance

29 million yen
Compliance
As of December 2024

*The figures for outstanding shares, market capitalization of outstanding shares, and outstanding share ratio are based on our company's calculations.

Page 48

Reference Materials

Page 49

Takamiya Platform
Promoting a transition in the business model, shifting from a flow-based business to a stock-based business.

(1) Background of platform business development
Fluctuations in external environment significantly impact revenue, and during periods of low demand, fixed costs
such as depreciation of rental assets can deteriorate profit margins, making sustained corporate growth
challenging.

(2) Purpose of platform business development
Promoting improvement in profit margins and efficiency of assets to facilitate the transition to a stock-based
business model.
(3) Implementing various measures towards transitioning to a stock-based business model.
◼
◼
◼

Executing various investments in DX (Digital Transformation) and human capital.
Improving operational efficiency and enhancing productivity.
Reallocating from a portfolio centered around rental assets to one centered around platform
infrastructure.
Page 51

Takamiya Platform
As a result of investments in DX (Digital Transformation) and human capital, added value is created for traditional services and products.
Furthermore, by transferring this added value to prices, it achieves appropriate pricing while also improving cost efficiency.

Takamiya platform creates
high-value-added benefits
with convenience and safety.

+

DX

Transferring the createdadded value to prices.

+

Promoting efficiency to
reduce costs.

－

DX

The value of the products
and services that have been
traditionally provided.

The pricing of services
and products.

【Value】【Price】【Cost】= Value of the product/service + Added value= Offering price + Price of added value= Cost - Efficiency gained through DX

The costs required toprovide services or products.

Page 52

Takamiya Platform
Reinvesting profits generated by the platform into the enhancement of the platform infrastructure.
Investment
Shareholder Return
ＤＸ
Human Capital

Improvement inCustomer Satisfaction= Increase in Sales+

Base
Rental Assets
R＆D

Improvement in Profitability= Increase in Sales+ Decrease in Costs

CF

Improvement in
Productivity= Decrease in Costs－
Reinvestment(Cycle)

Page 53

Takamiya Platform
Strategically executing various investments aimed at improving platform services.

DX

Enhancing productivity through DX, mechanization,and semi-automation.

Human
CapitalCreating an innovative workplace environment and supporting
the development of next-generation management talent and
new ways of working through human resource systems.

BaseStrengthening logistics network infrastructure and automating
and semi-automating equipment maintenance, as well as
enhancing advanced customer asset management.

Rental Assets

Strengthening lending capacity to customers.

R＆D

Developing new services and products.

Establishing a temporary business platform
with excellent convenience.

Page 54

Takamiya Platform
Moving from a portfolio centered around rental assets to an infrastructure-centered portfolio for platform expansion.

BeforeAfter

Land, buildings,
and facilities

Non-current assets

Platform
infrastructure

Rental assets

Non-current assets

Rental assets

Platform expansion

To expand the rental business, investments have been primarily focused on rental
assets. However, increased depreciation expenses for rental assets have led todecreased profitability during periods of low rental demand.

Operating the platform, infrastructure is constructed to ensure that equipment owned
by users maximizes benefits. Investments in rental assets are now limited to stablesupply portions only.

Page 55

Takamiya Platform
OPE-MANE
A service where customers' purchased IQ systems are managed and maintained in our equipment base.

OPE-MANEIn addition to the purchase and deposit
locations, it is possible to withdraw and use
the equipment from any of our 29 bases
nationwide.

Purchase and deposit of Iq System

Management fee

In/Out handling fee

TAKAMIYA
When using equipment, it is possible toutilize maintenance items from temporary
industrial association certified facilities.

Deposit equipment
in/out handling
Rental equipment
in/out handling

When using more than the purchasedamount, it is possible to rent the shortfall
at the same location.

Page 56

Takamiya Platform
The advantages of renting and selling temporary equipment
The Characteristics of Rental and Purchase

Advantages

Disadvantages

Rental◼

Can be used selectively based on the required timing, location,and quantity.
◼ Eliminates the need for costs related to equipment storage andmaintenance management.
◼ Requires no maintenance and can be used continuously.

◼
◼

For long-term usage, rental fees continue to incur.
Even with continuous usage, it does not become an in-houseowned asset.

Purchase◼

◼
◼

For long-term usage, it allows for a reduction in usage fees.
Can be managed as an in-house owned asset.

Incurs fixed costs such as equipment storage and maintenancepersonnel.
◼ Business area is limited to the vicinity of the equipment storage.
◼ Requires maintenance, and time is needed before it can be reused.
◼ Rental is necessary for usage beyond the owned quantity.

Page 57

Takamiya Platform
The characteristics of OPE-MANE
Capitalizing on the Advantages of Rental and Purchase while Complementing the Disadvantages.

OPE-MANE◼
◼

RentalBenefits

OPE-MANE

Purchase
Benefits◼
◼
◼

Combining with rental allows usage as needed in terms of timing,
location, and quantity.
Eliminates costs associated with equipment storage and maintenancemanagement.
Requires no maintenance and can be used continuously.
Reduces usage fees through long-term utilization.
Can be held as an asset.

Page 58

Takamiya Platform
Cost Simulation for Each Service
OPE-MANE enables cost reduction compared to renting or purchasing.

RentalPurchase

RentalOPE-MANE

Cost
Initial Purchase Cost + In-house Management Cost
（Rent, Personnel Costs, Maintenance Expenses, etc.）

Rental Fee

Initial Cost

None

Running Cost

Rental Fee

Purchase

Initial Purchase Cost
+ Management Fee

Initial Cost

Initial Purchase Cost

Running Cost

In-house
Management Cost

OPE-MANE
Initial Cost

Initial Purchase Cost

Running Cost

Management Fee

Time
Page 59

Takamiya Platform
Iq-BidUsers of the OPE-MANE can buy and sell owned equipment through the system

Iq-BidPurchase・Reservation

Listing・Sale

Iq-BidIntermediary Fee

Takamiya◼

Selling idle equipment to increase equipment utilization rate andimprove profitability.
◼ Recovering initial investment through equipment sales.
◼ Reducing rental fees by purchasing deficient equipment.
◼ Reassembling the equipment portfolio based on construction trends.

Intermediary Fee

Page 60

Takamiya Platform
The Changes in Takamiya's Profit Structure
The increase in users of the OPE-MANE has led to a change in the revenue structure towards a high-profit stock business

Decrease in sales
expenses.

Increased sales
revenue from sales.

High-value-added
services rationalizing
Increased rental sales
rental prices.
from optional anddeficient materials.

Monetization of Deposit
Monetization of costs service and Iq-Bid fees.
such as drawing
designs.

ProfitProfitPage 61

Takamiya Platform
OPERA
Expanding the platform as a portal

OPERA
◆
◆
◆
◆
◆
◆

Utilization and collaboration of all platform services
Iq-BidOrdering and receiving rental products via the web
Available 24/7
Reservation of delivery vehicles
Matching of construction workers etc.

Page 62Development and manufacturing
Product lineup
Regulatory reform in scaffolding

Next-Generation Scaffolding
Iq System

◼

◼

◼
◼
◼
◼
◼

Improved workability, ease of assembly, and operability compared toconventional scaffolds
190 cm above the floor, 20 centimeters above the floor of a conventional
scaffolding
Working floors without steps or gaps
Weight reduction of up to 2 kilograms
Handrail at a higher position than the hips
Storage space : 50% DOWN
Number of transportation trucks : 30% DOWN

Page 63Development and manufacturing
Product lineup
A wide range of products from temporary equipment to agricultural greenhouses, solar-related products, and structural materials.

Temporary construction equipment

Tool-less fitting lock system

Environment-related
Agricultural Green House

Solar Carport

G‐Castle

POGERO

clamp

YT lock system
Building Materials

WUTEC-SF
Panel hanging scaffolding

System hanging scaffolding

SPIDER PANEL

VMAX

Oct brace

Page 64

SalesPurchase and sale of used items
Purchase of used scaffolding to facilitate the transition from traditional scaffolding to next-generation scaffolding.

Sale ofused scaffolding

Purchasing the
Iq System

TAKAMIYA
Sale of usedscaffolding

Rental company
Scaffolding Assembly company
General contractor

At home and abroad
scrap

Steel scrap company

Page 65

RentalThe mechanism for recording sales

Estimation andtemporary design

Shipment
Transportation

Use

returnMaintenanceTransportation◆

Rental fee is product unit price x quantity x number of days (rental period is at least 1 month)◆

Costs associated with shipments are borne by customers based on product unit price x quantity◆

Regardless of the progress of construction, billed on the closing date of each month◆

Invoice for damaged equipment at new price when returned◆

In the case of transportation using our service, a bill occurs.

Page 66

RentalAnnual Business Trends
Temporary equipment rentals increased from 1Q to 3Q and declined in 4Q

Rental revenue and Utilization rate

Depreciation of rental assets

Break-even point

1Q

2Q

3Q

4Q

(Apr-Jun)(July-September)(Oct.-Dec.)(Jan-Mar)◆

Toward year-end handover, For the use of temporary
equipment Concentrated around October to December◆

As depreciation of rental assets becomes a costthroughout the year, Difficult to generate profits in 1Q,
when utilization rates are low◆

We returned more rental assets in the 4Q, Maintenancecosts tend to increase and profit margins tend to fall

Page 67

RentalConstruction field
Corresponding field: Construction, Civil Engineering, New Construction, Maintenance and Repair, Underground to Skyscraper

Construction

Bridges(new construction, maintenance and repair)(new construction, maintenance and repair)

Tunnel and underground construction

Plantbuildings, apartments, warehouses, etc.

Expressways, railways, viaduct, bridges,
etc.

Subway, pipeline, utility tunnel, etc.

Dump, incinerators, plants

Repairs of high-rise buildings

Demolition work

Slope disaster prevention construction

Ports and harbors (levees, etc.)

Maintenance and repair of super-high-risebuildings

Advance, repair, demolition ofbuildings, etc.

Disaster prevention construction toprevent sediment-related disasters

Tide banks to prevent storm surges, storm
surges, and tsunami damage

Page 68

Design and construction
Creation of a 3D data model by accurate measurement by specialist staff of body information that is difficult to understand or do not exist in
2D

3D laser scanner

Utilization of shot point group data
◆ Visual confirmation of the unevenness ofthe ground◆

Measurement of wall dimensions fromlocation information

Page 69

Design and construction
Unified management of planning, design, structural design, facility design, construction, maintenance, and building information by sharing
and utilizing 3D drawings

BIM Building Information Modeling・CIM Construction Information Modeling◆ Various attribute information added to the 3D model can beused for cost calculation, process management, and advancechecks for structural interference and dangerous areas.
* type, quantity, weight, and cost of temporary construction equipment◆ Collaborate with other software in various data formats

Page 70

Design and construction
Promote construction DX, improve productivity by shortening temporary drawing time, and reduce costs

CAD automatic drawing system "RABOT"◆ Simplification of plan assignments and dimensions◆ Automation to reduce human error◆ No need for specialized knowledge (from outsourcing to in-house production)◆ Preparation of scaffolding drawing First year ⇒ Work time to 1/2

Currently, only 2D drawings are prepared,
and 3D drawing functions are scheduled to be expanded.
In cooperation with OPERA, from drawing creation to rental ordering

Page 71

Design and construction
Expanding the network of construction partner companies enables scaffolding assembly nationwide, allowing for the provision of safety
education services related to scaffolding and scaffolding safety consulting.

Construction management and safety education
Various courses
Special education such as the assembly of scaffolds◆ Special Education on Full Harness Crash Discontinuation Equipment◆ Special training for workers handling asbestos◆ Special training for dangerous work involving oxygen deficiency andhydrogen sulfide◆ Training to improve the skills of chiefs of work assembling scaffolds◆ Education for foremen and OH&S managers◆ Training to improve skills of managers and safety and healthmanagers◆

Page 72

Management and logistics
Expanding bases to 29 locations nationwide.

Base
Tohoku
◼
◼
◼
◼

Chubu

Aomori Higashidori Base ◼
◼
Iwate Morioka Base
Miyagi Sendai 2nd Base ◼
Fukushima Hirono Base ◼
◼

Kanto
◼
◼
◼
◼
◼
◼
◼

◼

Chushikoku-Okinawa

Niigata Yokogoshi Base ◼
Niigata Nagaoka Base◼
Shinshu Nagano Base◼
Nagano Iida Base
Ishikawa Kanazawa Base
Fukui Sabae Base
Shizuoka Yoshida Base
Tokai Kisosaki Base◼
Ibaraki Chuo Base◼
Ibaraki Tsukuba Base
Ibaraki Dejima Base
Chiba Ichihara Base
Kinki
Chiba Okido Base◼
Takamiya Lab. West (Base)
Saitama Kuki Base
Kanagawa Aikawa Base ◼ Shiga Omihachiman Base◼
Osaka Hirakata Base◼
Osaka Settsu Base◼
Wakayama Momoyama Base◼
Hyogo Tojo Base◼
Hyogo Kobe Base

Hiroshima Shiwa Base
Kagawa Sanuki Base
Okinawa Naha Base

Takamiya Lab.

Takamiya Lab. West
Amagasaki City, Hyogo Prefecture

Page 73

Management and logistics
Transportation of temporary construction equipment to construction sites from 29 Equipment Bases nationwide

Temporary construction equipment delivery◆ Maintenance of equipment by factories certified for temporary

equipment◆ Own quality control standards that exceed industry standards◆ Visualization of management and maintenance systems using

fixed-point cameras, etc.

Page 74

R&D
R&D base that pursues the safety and convenience of the products and services TAKAMIYA provides

Takamiya Lab. West
Development and Testing of Products andServices◆ Visualization of equipment management andmaintenance.
◆ Customer materials management throughautomated warehouses◆ Product exhibition and construction experience◆ Various safety seminars◆ Industry's fastest receipt and shipping◆ Joint product development◆ Product strength testing conducted using testing
equipment.
◆

Page 75

Quarterly Results by Segment (Cumulative)FYE March 31, 2023
1Q

2Q

FYE March 31, 2024
3Q

4Q

1Q

2Q

3Q

4Q

2,472

6,040

9,509

13,157

2,895

5,739

9,053

12,597

2,386

6,018

9,466

12,924

2,840

5,674

8,972

12,487

Segment profit

127

496

830

1,189

275

522

1,113

1,701

Segment profit margin

5.2%

8.2%

8.7%

9.0%

9.5%

9.0%

12.3％

13.5％

(Change from the previous
Segment sales
year)(22.1)%(15.3)%(5.4)%(3.5)%+17.1%(4.9)%(4.7)％(4.3)％

Segment profit(59.1)%(43.0)%(21.5)%(27.2)%+116.0%5.2%+34.0％+43.0%

Segment sales

5,706

11,62918,09024,714

6,346

13,242

20,47328,214

5,705

11,62818,08824,676

6,338

13,21020,42628,152

Segment profit

396

1,030

1,894

2,610

613

1,594

2,671

3,691

Segment profit margin

7.0%

8.8%

10.5%

10.6%

9.7%

12.0%

13.0％

13.1%

Sales business

Segment sales
Of which, sales to externalcustomers

Rental business

Of which, sales to externalcustomers(Change from the previous
Segment sales
year)

+6.0%

+2.8%

+4.4%

+6.1%

+11.2%

13.8%+13.0％+14.2%

Segment profit+534.4%+134.0%+131.5%+113.6%+54.6%

54.7%+41.0％+41.4%

Segment sales

2,043

4,462

6,772

8,986

1,824

4,130

6,192

7,897
3,488

Overseas Business

Of which, sales to externalcustomers

925

2,153

3,131

4,293

717

1,907

2,784

Segment profit

105

218

327

404

40

211

328

320

Segment profit margin

5.2%

4.8%

4.8%

4.5%

2.2%

5.1%

5.3％

4.1%

(Change from the previous
Segment sales
year)+43.9%+42.5%+42.8%+40.2%(10.7)%(7.4)%(8.5)％(12.1)%

Segment profit+122.0%+20.4%+52.8%+45.8%(61.9)%(2.9)%+0.1％(20.7)%

Total sales

10,221

22,131

34,372

46,858

11,06623,11235,71948,709Of which, sales to externalcustomers

9,017

19,79930,68641,894

9,896

20,79232,18344,127*Unit: Million yen

Page 76

Quarterly Results by Segment

FYE March 31, 2023

1Q
Sales business

2Q

FYE March 31, 2024

3Q

4Q

1Q

2Q

3Q

4Q

2,472

3,568

3,469

3,647

2,895

2,844

3,314

3,543

2,386

3,632

3,448

3,458

2,840

2,834

3,297

3,514

Segment profit

127

368

334

358

275

246

591

587

Segment profit margin

5.2%

10.3%

9.6%

9.8%

9.5%

8.7%

17.9％

16.5%

Segment sales
Of which, sales to externalcustomers(Change from the previous
Segment sales
year)(22.1)%(9.8)%+18.8%+2.0%+17.1%(20.3)%(4.5)％(2.8)%

Segment profit(59.1)%(34.1)%+79.6%(37.8)%+116.0%(33.1)%+76.9％+63.7%

Segment sales

5,706

5,923

6,461

6,624

6,346

6,896

7,231

7,740

5,705

5,923

6,460

6,588

6,338

6,871

7,215

7,726

Segment profit

396

634

864

715

613

981

1,077

1,019

Segment profit margin

7.0%

10.7%

13.4%

10.8%

9.7%

14.2%

14.9％

13.1%

Rental business

Of which, sales to externalcustomers(Change from the previous
Segment sales
year)

+6.0%

+0.1%

+7.3%

+11.2%+11.2%

16.4%+11.9％+16.8%

Segment profit+534.4%+67.7%+128.6%+77.4%+54.6%

54.8%+24.8％+42.4%

Segment sales

2,043

2,419

2,310

2,213

1,824

2,305

2,061

1,705

925

1,228

978

1,162

717

1,189

876

703

Segment profit

105

113

109

77

40

171

116

(7)

Segment profit margin

5.2%

4.7%

4.7%

3.5%

2.2%

7.4%

5.6％

-

(Change from the previous
Segment sales
year)+43.9%+41.3%+43.3%+32.8%(10.7)%(4.7)%(10.8)％(23.0)%

Segment profit

Overseas Business

Of which, sales to externalcustomers+122.0%(16.4)%+240.6%+20.6%(61.9)%

52.7%

+6.2％

-

Total sales

10,221

11,91012,241

12,486

11,066

12,046

12,607

12,989Of which, sales to externalcustomers

9,017

10,782

10,887

11,2089,896

10,896

11,39011,943*Unit: Million yen

Page 77

Financial Highlights
FY2012FY2013

FY2014FY2015FY2016FY2017FY2018FY2019FY2020

FY2021

FY2022

FY2023

FY2024

Net sales

23,201

28,11332,44334,26134,35036,76336,11442,182

46,05538,81239,80041,894

44,127Gross profit on sales

7,202

8,196

9,832

10,856

11,291

10,991

10,431

12,132

14,014

10,996

11,181

12,587

14,428

SG&A expenses

6,165

6,590

6,781

7,758

8,307

8,561

8,740

9,418

10,311

9,410

9,499

10,334

11,023Operating Income (1)

1,037

1,605

3,051

3,098

2,983

2,429

1,690

2,713

3,703

1,586

1,682

2,253

3,404

Ordinary income

1,080

1,553

3,006

3,325

2,731

2,337

1,610

2,662

3,541

1,569

1,954

2,400

3,580

Profit attributable toowners of parent

755

807

1,768

2,070

2,153

1,516

1,252

1,637

2,370

857

965

1,415

1,887

Depreciation (CF) ②

3,088

3,280

3,369

3,649

4,137

4,502

4,662

4,777

4,804

4,815

4,784

5,140

5,430

EBITDA(①+②)

4,126

4,886

6,421

6,747

7,120

6,932

6,353

7,491

8,508

6,402

6,466

7,393

8,835

ROE
(Return on equity)

12.7%

12.2%

21.5%

19.8%

18.5%

12.6%

9.8%

12.0%

14.7%

4.7%

5.2%

7.3%

9.1%

Net income to net sales

3.3%

2.9%

5.4%

6.0%

6.3%

4.1%

3.5%

3.9%

5.1%

2.2%

2.4%

3.4%

4.2%

Total assets turnover

0.7

0.8

0.9

0.8

0.7

0.7

0.7

0.8

0.8

0.7

0.7

0.7

0.7

Financial leverage

5.2

4.9

3.9

3.8

4.3

4.3

4.0

3.8

3.5

3.2

3.1

3.0

3.3

ROA

3.5%

4.7%

8.4%

8.2%

5.8%

4.5%

3.1%

5.0%

6.2%

2.7%

3.4%

3.9%

5.4%

*FY ended/ending March 31*Unit: Million yen

Page 78

Financial Highlights
FY2012FY2013

FY2014FY2015FY2016FY2017FY2018FY2019FY2020

FY2021

FY2022

FY2023

FY2024Current assets

12,202

13,725

15,892

18,213

19,76920,557

20,13622,781

26,40824,907

26,681

28,43029,073

Non Current assets

20,26920,262

21,35325,30730,321

32,20332,677

31,63232,87331,54732,39934,31839,871

Current liabilities

12,351

14,117

15,356

18,07021,36520,60620,991

20,302

21,73019,554

20,03521,92322,424

Short-term loans payable

417

416

1,200

3,168

4,958

5,163

6,645

4,621

5,400

3,478

2,612

3,909

3,986

Non current liabilities

13,74012,76012,13013,687

16,62819,454

18,26919,535

19,054

18,131

19,70820,34924,363Long-term debt

10,036

9,637

9,376

10,913

13,304

15,403

13,653

13,495

11,823

11,354

11,942

12,253

14,742

Net assets

6,380

7,110

9,758

11,762

12,097

12,69913,552

14,575

18,497

18,76819,337

20,47722,157

Total assets

32,47233,987

37,245

43,52050,091

52,76052,81354,41459,28256,45459,08162,74968,945FY2012FY2013

FY2014FY2015FY2016FY2017FY2018FY2019FY2020

FY2021

FY2022

FY2023

FY2024Current ratio

98.8%

97.2%

103.5%

100.8%

92.5%

99.8%

95.1%

112.2%

121.5%

127.4%

133.2%

129.7%

129.6%

Fixed ratio

323.2%

291.7%

224.4%

221.0%

257.7%

261.0%

249.0%

223.2%

182.1%

172.8%

172.6%

172.9%

185.7%

Equity ratio

19.3%

20.4%

25.5%

26.3%

23.5%

23.4%

25.0%

26.0%

30.5%

32.3%

31.8%

31.6%

31.1%

D/E ratio

311.5%

279.0%

196.5%

188.9%

226.4%

237.4%

223.6%

205.5%

164.1%

151.3%

150.3%

151.9%*FY ended/ending March 31

159.1%*Unit: Million yen

Page 79

Non-financial highlights
FY2015FY2016FY2017FY2018FY2019FY2020

FY2021

FY2022

FY2023

FY2024

Number of employees (consolidated) (persons)

903

979

1,010

1,144

1,204

1,298

1,221

1,222

1,266

1,397

Ratio of women (consolidated) (%)

‐

‐

‐

31.8

30.8

32.3

34.9

36.3

33.1

33.9

Ratio of foreign nationals (consolidated) (%)

‐

‐

‐

22.3

21.8

25.4

22.6

27.1

25.1

22.0

Number of new graduates hired (non-consolidated)(people)

‐

‐

‐

31

33

43

32

45

27

25
40.0

Percentage of Women (Non-consolidated) (%)

‐

‐

‐

41.9

27.3

37.2

34.4

24.4

51.8

Number of Female Managers (Group) (persons)

‐

‐

‐

9

9

13

12

15

15

16

Percentage of paid leave taken (non-consolidated) (%)

‐

‐

‐

47.8

48.1

47.6

52.7

54.0

65.1

70.9

Number of employees taking maternity leave (nonconsolidated) (persons)

4

3

5

12

7

12

7

16

12

13

Number of employees taking childcare leave (nonconsolidated) (persons)

8

8

6

15

20

11

7

23

17

19

Number of employees with reduced childcare work (nonconsolidated) (persons)

0

3

7

7

11

12

11

19

27

30

Average years of service (non-consolidated) (years)

9.27

9.21

9.36

9.47

9.47

9.61

10.22

10.45

10.62

10.50

Turnover rate (non-consolidated) (%)

6.0

6.6

7.7

8.2

7.8

6.9

6.5

6.2

6.5

7.9

Number of accidents (non-consolidated) (cases)

0

0

0

2

1

1

1

2

1

2

Number of employees with disabilities (non-consolidated)(people)

‐

‐

‐

8

11

12

12

16

18

17

Percentage of employees with disabilities (nonconsolidated) (%)

‐

‐

‐

1.38

1.85

1.63

1.79

2.20

2.08

2.00

*FY ended/ending March 31

Page 80Performance Trends

Trends in Net Sales

Trends in operating income
11,773930

10,312

10,054
4Q

9,783
8,783

9,460

999
995

12,194
11,135

8,764

11,208

9,190

3Q
2Q

9,976

11,944

9,217

9,049

9,800

10,887

11,390

707

647
861

11,936

1Q

11,028
9,010

9,377

10,781
9,879

9,114

FY16

8,142

FY17

8,761

FY18

9,705

FY19

10,161

FY20

9,660

FY21

299

FY22

9,017

FY23

693

9,896

FY24

1,363

586

10,782

9,242

919

796

10,896
872

7,791

859

667

545

621

831

253

272

259

255

FY16

FY17

FY18

FY19

13
475

549
FY20

695

FY21

843

227

796

681

582

77

181

FY22

FY23

475

1199

409
FY24

*FY ended/ending March 31*Unit: Million yen

Page 81

Number of Shares Issued and Earnings per Share (EPS)

Changes in issued shares *Unit: 1,000 shares

Earnings per share *Unit: Yen
52.74

46,577 46,577 46,585 46,585 46,585

48.12
40.53

38.22
45,304 45,304

35.14

45,447 45,467

31.36

29.26

18.41

FY16

FY17

FY18

FY19

FY20

FY21

FY22

FY23

FY24

FY16

FY17

FY18

FY19

FY20

FY21

20.73

FY22

FY23

FY24

*FY ended/ending March 31

Page 82Domestic Construction Investment
Construction Economic Research Institute, April 2024
[Prospects for Construction Investment Based on the Construction Economic Model]
Prospects for an increase in both government sector and private construction investments.
An increase of
2.8% comparedto the previous
fiscal year.

61,32561,82762,32866,44467,80068,79025,13524,03024,25072,36074,35025,79026,40021,78021,591

22,480
6,489

8,168

8,860

8,940

11,500

6,523

10,6206,290
16,312

16,976

17,046

17,462

18,16018,68018,91019,13016,942

16,736

16,312

15,67816,75016,92017,04017,320FY2018FY2019FY2020

FY2021

FY2022

FY2023

FY2024FY2025

Private housing

Private non housing

Government (Prospect)(Prospect)(Forecast)(Forecast)

Private construction repair*FY ended/ending March 31*Unit: Billion yen

Page 83Changes in Maintenance and Repair Work※ Compiled from the Ministry of Land, Infrastructure, Transport and Tourism [Statistical Survey of Construction Work]Due to the aging infrastructure, the proportion of maintenance and repair work is increasing year by year.
(Trillion yen)

90

35%
30.7%

80

30%

70
60
50

13.2

22.9

13.8
14.0

22.8

23.6

25%

13.5
13.2

12.7

12.8

40

13.2

13.0

13.2

14.9
12.5

12.4

13.8

15.3

15.8

15.5

16.4

16.8

14.3

20%

15%

30

10%
20
5%

10
0

0%
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022

New construction

Maintenance and repair work

Maintenance and repair work ratio*FY ended/ending March 31*Missing figures have been supplemented since 2019

Page 84

Percentage of social capital 50 years after construction
Prepared from the Ministry of Land, Infrastructure, Transport and Tourism[Current Status of Aging Social Capital and Future Infrastructure Maintenance Information]
The infrastructure requiring maintenance and repair work is increasing.

Facilities

Number of stock

20.3

30.3

40.3

Road bridge

Approx. 730,000 bridges

About 30%

About 55%

About 75%

tunnelApprox. 11,000 bottles

About 22%

About 36%

About 53%

River management facilities(water gates, etc.)

Approx. 46,000 facilities

About 10%

About 23%

About 38%

Sewerage pipes

Approx. 480,000 km

About 5%

About 16%

About 35%

Port quay

Approx. 61,000 facilities

About 21%

About 43%

About 66%

Page 85

Overseas Market Trends
IMF “World Economic Outlook Database”

Country name($1 billion)(Millions ofpeople)Nominal GDP

Japan

Population
Nominal GDP

Korea

Population

Nominal GDP

Thailand

Population
Nominal GDP

Vietnam

Population
Nominal GDP

Philippines

Population
Nominal GDP

Singapore

Population
Nominal GDP

Malaysia

Population
Nominal GDP

MyanmarPopulation
Nominal GDP

Indonesia

Population

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

4,930
126
1,623
51
456
69
277
93
328
104
343
5
319
32
61
52
1,015
261

5,040
126
1,725
51
506
69
304
94
346
105
376
5
358
32
66
52
1,042
264

5,118
126
1,651
51
543
69
331
96
376
107
376
5
365
32
68
52
1,119
266

5,055
125
1,644
51
500
69
346
97
361
108
349
5
337
32
77
53
1,059
270

5,034
125
1,818
51
506
69
370
98
394
110
434
5
373
32
68
53
1,186
272

4,256
125
1,673
51
495
70
407
99
404
111
498
5
407
32
61
53
1,319
274

4,212
124
1,712
51
514
70
433
100
436
112
501
5
415
33
64
54
1,371
277

4,110
124
1,760
51
548
70
465
100
471
114
525
5
445
33
68
54
1,475
279

4,310
123
1,842
51
573
70
505
101
509
115
548
5
477
33
73
54
1,613
282

4,499
122
1,924
51
605
70
546
102
551
116
573
6
509
34
79
55
1,746
284

4,649
122
2,004
51
643
70
589
103
596
117
599
6
538
34
86
55
1,886
287

4,836
121
2,087
51
678
70
635
103
650
119
626
6
570
34
93
55
2,035
289

4,944
120
2,171
51
710
70
684
104
709
120
654
6
603
35
100
55
2,194
291

Page 86

Stock Information
Basic Information

Stock Information

Financial Instruments Business Operators

1.29% 600,000 shares

Listed on

Tokyo Stock Exchange Prime Market

Securities code

2445

Share Unit

100 shares

Number of shares issued

46,585,600 shares

PER

14.33 times (as of March 31, 2024)

PBR

1.26 times (as of March 31, 2024)

0.02%
7,000
sharesForeign corporations

9.67%
4,503,000
sharesFinancial institutions

19.68%(planned)
9,164,000
sharesOther corporations

32.21%
15,003,000
sharesIn the name oftreasury stock

By shareholder type
Distribution of Shares

Individuals
and others

37.15%
17,307,000
shares*As of March 31, 2024

Page 87

Stock Information
Number of Shareholders and Shareholder Composition
The number of shareholders is on an increasing trend, with a rising proportion of corporate and foreign entities.
End of March 2021
Number of shareholders at end of the period

End of March 2022

End of March 2023

End of March 2024

3,463

4,052

4,159

4,704

Government and Local Governments

0.00 %

0.00 %

0.00%

0.00%

Financial institutions

23.43 %

22.12 %

20.67%

19.68%

Financial Instruments Business Operators

0.41 %

0.61 %

0.90%

1.29%

Other corporations

23.38 %

23.88 %

24.86%

32.21%

Foreign corporations

7.67 %

6.78 %

6.90%

9.67%

Individuals and others

45.09 %

46.59 %

46.65%

37.15%

Treasury stock

0.02 %

0.02 %

0.02%

0.02%

Of which, number of shares established ininvestment trusts

11.96 %

10.64 %

8.35%

7.89%

Number of shares established in pension trusts

0.81 %

0.68 %

1.07%

1.06%

Shareholder Composition

Page 88

Stock Information
Cash dividends
The interim dividend is planned at 6 yen per share during the current term, and the year-end dividend is planned at 8 yen per share, totaling
14 yen.
FYE March 31, 2020

FYE March 31, 2021

FYE March 31, 2022

FYE March 31, 2023

FYE March 31, 2024

14 yen14 yen14 yen14 yen14 yen

1Q

-

-

-

-

-

2Q

6.0 yen

6.0 yen

6.0 yen

6.0 yen

6.0 yen

3Q

-

-

-

-

-

4Q

8.0 yen

8.0 yen

8.0 yen

8.0 yen

8.0 yenTotal amount ofdividends

651 million yen

651 million yen

652 million yen

652 million yen

652 million yen

Dividend payout ratio

26.5%

76.0%

67.5%

44.6%

34.5%

Share buyback

0 yen

0 yen

0 yen

0 yen

0 yen

Total return ratio

26.5%

76.0%

67.5%

44.6%

34.5%

Dividends on equity

3.9%

3.6%

3.5%

3.3%

3.1%

14.7%

4.7%

5.2%

7.6%

9.1%

Dividends(Dividend payout ratio x ROE)

ROE

Page 89

Stock Information
Stock Price Range
Stock price as of the end of March ¥581, average daily trading value: ¥29,427,000 (January 4 - March 29, 2024)

Average daily
trading volume

Stock Price> Gray line is the 12-month moving average of the stock price.

600,000

1,200

500,000

1,000

400,000

800

300,000

600

200,000

400

100,000

200

Jan-24

Sep-23Jan-23May-23

Sep-22

Jan-22

May-22

Sep-21

Jan-21

May-21

Sep-20Jan-20May-20

Sep-19Jan-19

May-19Sep-18Jan-18May-18

Sep-17Jan-17May-17

Sep-16

Jan-16May-16

Sep-15Jan-15May-15

Sep-14Jan-14May-14

Sep-13May-13Jan-13

Sep-12

Jan-12

May-12

Sep-11

Jan-11

May-11

Sep-10Jan-10May-10

Sep-09

Jan-090

May-090Page 90

IR information

IR Calendar
January

February

March

3Q
Earnings announcement

IR activities

April

May

June

July

AugustSeptember

1Q
Earnings announcement
Ordinary General Meeting of
Shareholders

Earnings announcement

OctoberNovember

December

2Q
Earnings announcement

Holding of financial results briefing and distribution of videos
English disclosure of the Company's financial results, financial results briefing materials, and timely disclosure releases (part)◆ Publication of Integrated Report (Japanese and English), Publication on the Web◆ Publication of Analyst Report (Japanese and English)◆ Disclosure of non-financial information (included in the Integrated Report and posted on the Web)
◆ Proactive information disclosure based on dialogue with investors◆ Briefings for individual investors◆ 1on1 Meeting (face-to-face, telephone conference, web conference)◆◆

Page 91

IR Contact

Company name:

Takamiya Co., Ltd.

Address:〒530-0011

HP:

https://corp.takamiya.co/en/

IR website:

https://corp.takamiya.co/en/ir/

TEL:

06-6375-3918 (PR & IR Department)

FAX:

06-6375-8827

Mail

:

ir@takamiya.co

3-1, Ofukamachi, Kita-ku, Osaka Grand Front Osaka Tower B 27F

This material is intended to provide information about our group and is not intended to solicit investments in securities issued by us.
Opinions and forecasts contained in these materials are based on our judgment at the time the materials were prepared. We do not guarantee or promise the accuracy or safety of the information.
The information is subject to change without notice.
Page 92