Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2023 〔Japanese GAAP〕

February 13，2023
Company name
Code number
RepresentativeInquiries

Komehyo Holdings Co., Ltd.
2780
ＵＲＬ

Stock exchange listings
TOKYO, NAGOAYA
https://komehyohds.com（Title） President and Representative Director （Name）Takuji Ishihara（Title） General Manager of IR・PR Department （Name）Hiroyuki Yoshida
Phone ＋81-52-249-5366
Quarterly securities report filing date (as planned) February14,2023 Dividend payable date (as planned) －Availability of supplementary briefing material on quarterly financial results ：Available
Schedule of quarterly financial results briefing session：Not scheduled（Amounts of less than one million yen are rounded down.）

１．Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2023
（April 1, 2022 to December 31, 2022）（％ indicates changes from the previous corresponding period.）（１）Consolidated Operating Results
Net income
Net sales
Operating income
Ordinary income
attributable toowners of parent
Million yen％

Million yen％

Million yen％

Million yen％

62,696

25.7

3,710

39.8

3,978

49.4

2,69462.4

49,872－2,654－

2,662－

1,659－

3,227Million yen(84.6％)

Nine months ended
December 31, 2022
Nine months ended
December 31, 2021
（Note）Comprehensive income

Nine months ended Dec 31,2022

basic earnings
per share
Nine months ended
December 31, 2022
Nine months ended
December 31, 2021

（Reference）Equity

1,748Million yen(－％)

Diluted earnings
per share

Yen

Yen

245.96－151.42－（２）Consolidated Financial Positions
Total assets
As of December 31,2022
As of March 31,2022

Nine months ended Dec 31,2021

Net assetsEquity ratio

Net assets per share

Million yen

Million yen％

Yen

48,43339,66723,46520,70047.8
51.5

2,112.98
1,865.42

As of March 31, 2022

20,438 Million yen

As of Dec 31, 2022

23,150 Million yen

２．Dividends
1stquarter-end
Yen

2ndquarter-end

Annual dividends
3rdquarter-end

Yen
12.00
25.00

Fiscal year ending March 31,2022－
Fiscal year ending March 31,2023－
Fiscal year ending March 31,2023(Forecast)（Note）Revision to the forecast for dividends announced most recently：YesYear-end

Yen－－Total

Yen
20.00

Yen32.00

35.00

60.00

３．Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023
（April 1，2022 to March 31，2023）（％ indicates changes from the previous corresponding period.）
Net sales

Operating income％ Million yen

Basic earnings
per share

Million yen

％

45.2

- 1 -％Net income
attributable toowners of parent

Full year
85,000
19.5
4,780
28.7
5,040
33.6
3,280
（Note）Revision to the financial results forecast announced most recently：Yes

Million yen％ Million yen

Ordinary income

Yen
299.37

＊ Notes（１）Changes in significant subsidiaries during the nine months ended December 31,2022(changes in specified subsidiaries resulting in changes in scope of consolidation)：No（２）Accounting policies adopted specially for the preparation of quarterly consolidated financialstatements：Yes（３）Changes in accounting policies, changes in accounting estimates and retrospective restatement① Changes in accounting policies due to the revision of accounting standards：Yes② Changes in accounting policies other than ① above：No③ Changes in accounting estimates：No④ Retrospective restatement：No（４）Total number of issued shares (common shares)① Total number of issued sharesat the end of the period(including treasury stock)

Nine months ended
December 31, 2022

② Total number of treasury shares

Nine months ended

at the end of the period

December 31, 2022

③ Average number of shares during

Nine months ended

the period:

December 31, 2022

11,257,000shares

March 31, 2022

11,257,000shares

300,628shares

March 31, 2022

300,628shares

10,956,372shares

Nine months ended
December 31, 2021

10,956,423shares＊

These quarterly financial results are outside the scope of audit.

＊Explanation of the proper use of financial results forecast and other notes(Notes on the earnings forecasts and other forward-looking statements)
The earnings forecasts and other forward-looking statements herein are based on data currently
available to the Company and certain assumptions that the Company believes are reasonable, and theCompany has no intention of guaranteeing the achievability of them. Actual results may differ
significantly from these forecasts due to various factors.
(How to obtain supplementary presentation materials for quarterly financial results)
Supplementary presentation materials for quarterly financial results will be published on the Komehyo
Holdings' website as soon as the financial results are reported to the Tokyo Stock Exchange.

- 2 -2. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Thousands of yen)
As of March 31, 2022
AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Inventories
Other
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
LandConstruction in progress
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Leased assets
Other
Total intangible assets
Investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Current portion of bonds payable
Current portion of long-term borrowings
Lease liabilities
Accounts payable - other
Income taxes payable
Contract liabilities
Provision for bonuses
Provision for merchandise warranties
Provision for point card certificates
Asset retirement obligations
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Lease liabilities
Provision for retirement benefits fordirectors (and other officers)
Provision for merchandise warranties
Provision for point card certificates
Retirement benefit liability
Asset retirement obligations
Contract liabilities
Other
Total non-current liabilities
Total liabilities- 3 -As of December 31, 2022

9,080,005
1,709,180
15,308,225
3,356,480
29,453,891

10,372,319
2,588,361
20,557,013
3,926,192
37,443,887

3,415,308
1,646,267
11,904685,159
5,758,640

3,434,743
1,644,961
70,037693,285
5,843,027

444,658
395,277
1,026,637
1,866,573
2,588,182
10,213,396
39,667,287

548,504
387,547
1,314,471
2,250,523
2,895,716
10,989,267
48,433,155

527,778
8,360,000
72,0001,023,299
262,515
1,212,763
1,006,884
507,074
761,069
9,456
60,616－
427,528
14,230,986

860,040
15,451,600
72,000411,723
304,417
1,002,802
652,586
659,927
520,626
8,746
65,766
12,000415,683
20,437,920

212,000
3,429,894
159,900

140,000
3,163,180
105,917

23,59823,598390
94,577
101,967
629,91032,53550,7404,735,515
18,966,501

547
130,041
135,405
704,61955,09270,851
4,529,254
24,967,174

(Thousands of yen)
As of March 31, 2022
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-forsale securities
Foreign currency translation adjustment
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets- 4 -As of December 31, 2022

1,803,780
1,909,872
16,640,745△80,49420,273,902

1,803,780
1,909,872
18,842,591△80,494
22,475,748

20,292

34,589144,049

640,225

164,341

674,814

262,541
20,700,786
39,667,287

315,416
23,465,980
48,433,155

(2) Quarterly Consolidated Statements of Income and Comprehensive Income(Quarterly Consolidated Statements of Income)(Thousands of yen)
Nine months ended
December 31, 2021
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Commission income
Insurance claim incomeCompensation income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Rent expenses on store(construct inprogress)
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Grant income
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss on cancellation of rental contracts
Impairment losses
Loss due to temporary closure
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit attributable to non-controllinginterests
Profit attributable to owners of parent- 5 -Nine months ended
December 31, 2022

49,872,236
36,604,362
13,267,873
10,613,721
2,654,152

62,696,159
46,408,887
16,287,272
12,576,877
3,710,394

793
14,54422,972
4,414
759－
12,781
56,265

1,371
11,97139,361
4,814
2,095
540,806
23,104
623,526

37,402

43,877－300,489

10,31147,714
2,662,703

10,791
355,158
3,978,762

10,53813,18623,725

3,717
25,99029,708133,977－
235,540
11,416
380,934
2,305,495
630,848
1,674,646

10,552600
53,861
4,18569,199
3,939,270
1,221,848
2,717,422

15,60822,5391,659,038

2,694,882

(Quarterly Consolidated Statements of Comprehensive Income)(Thousands of yen)
Nine months ended
December 31, 2021
ProfitOther comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to ownersof parent
Comprehensive income attributable to noncontrolling interests- 6 -Nine months ended
December 31, 2022

1,674,646

2,717,422

619

14,29773,25773,877
1,748,524

496,175
510,473
3,227,895

1,722,067

3,235,691

26,457△7,795