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.

February 8, 2023

Non-consolidated Financial Results
for the Three Months Ended December 31, 2022
(Under Japanese GAAP)
Company name:
Paraca Inc.
Listing:
Tokyo Stock Exchange
Securities code:
4809
URL:
https://www.paraca.co.jp/
Representative:
So Naito, Representative Director
Inquiries:
Katsumi Ichikawa, General Manager of Administration Headquarters
Telephone:+81-3-6841-0809
Scheduled date to file quarterly securities report:
February 14, 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 three months ended December 31, 2022 (from October 1, 2022
to December 31, 2022)(1) Non-consolidated operating results (cumulative)
Net sales(Percentages indicate year-on-year changes)

Operating profitOrdinary profit

ProfitThree months ended

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

December 31, 2022

3,638

11.1

778

13.5

725

14.8

492

10.2

December 31, 2021

3,275

6.1

685

30.6

631

34.1

447

42.7

Profit per shareafter dilution

Profit per share
Three months ended

Yen

Yen

December 31, 2022

49.29

49.00

December 31, 2021

44.77

44.72

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

Equity ratio

Millions of yen

Millions of yen

December 31, 2022

38,273

16,761

43.7

September 30, 2022

37,671

16,886

44.7

Reference:

EquityAs of December 31, 2022:
As of September 30, 2022:¥16,727 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

Fiscal year-end

Total

Yen

Yen

0.00

―

62.00

62.00

0.00

―

62.00

62.00

―

Fiscal year ending
September 30, 2023
(Forecast)

Note: Revisions to the forecast of cash dividends most recently announced: None3. Business Forecasts for the fiscal year ending September 30, 2023 (from October 1, 2022 to September 30,2023)(Percentages indicate year-on-year changes)
Net sales

Operating profit

Ordinary profit

ProfitMillions of yen%

Millions of yen%

Millions of yen%%

yenInterim

7,000

11.9

1,220

15.1

1,110

16.0

750 12.7

75.00

Full year

14,200

9.4

2,480

10.1

2,250

10.3

1,540 10.4

154.00Note:

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

Millions of yen

Profit per share* 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 December 31, 2022

10,304,600 shares

As of September 30, 2022

10,304,600 shares(ii) Number of treasury shares at the end of the period
As of December 31, 2022

305,473 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:

Three months ended December 31, 2022

9,999,074 shares

Three months ended December 31, 2021

9,985,315 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 (249,495 shares as of December 31, 2022 and 249,655 shares as ofSeptember 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 three months of the current fiscal year (October 1, 2022 to December 31, 2022), 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 this quarter increased 5.8% from the last quarter (July 1, 2022 to September 30, 2022).
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 three months of the fiscal year, the number of newly developed parking was 61 lotswith 889 spaces, while the number of closed parking was 19 lots with 224 spaces (net increase was 42 lots with665 spaces). Total of 2,161 lots with 33,517 spaces is available as of December 31, 2022.
As a result, in the first three months of the fiscal year under review, the net sales was ¥ 3,638 million (up11.1% year-on-year), operating profit was ¥ 778 million (up 13.5% year-on-year), ordinary profit was ¥ 725
million (up 14.8% year-on-year), and profit was ¥ 492 million (up 10.2% year-on-year).
The results of each type of parking business are as follows.
(Leased parking Business)
During the first three months of the fiscal year, the number of newly developed leased parking was 55 lotswith 711 spaces, while the number of closed leased parking was 19 lots with 224 spaces (net increase was 36
lots with 487 spaces). As a result, total of 1,903 lots with 28,577 spaces is available as of December 31, 2022.
The net sales of leased parking business was ¥ 2,920 million (up 11.1% year-on-year), and gross profit was¥ 629 million (up 11.3% year-on-year).
(Owned parking Business)
During the first three months of the fiscal year, owned parking lots were developed in Sapporo City (8 spaces),in Koto-ku, Tokyo (2 spaces), in Kyoto City (2 spaces), and in Osaka City (3 lots with 166 spaces). As a result,the number of newly developed owned parking was 6 lots with 178 spaces. Total of 258 lots with 4,940 spaces
is available as of December 31, 2022. The net sales of owned parking business was ¥ 583 million (up 11.0%year-on-year), and gross profit was ¥ 481 million (up 12.5% year-on-year).
Furthermore, the Company acquired land for parking in Hakodate City (6 spaces) and in Fukuoka City (7spaces), which are both scheduled to be opened in the second quarter or later.
(Others)
During the first three 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 ¥ 135 million (up10.6% 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

Three months ended
December 31, 2021

Three months ended
December 31, 2022

Fiscal year ended
September 30, 2022

Sales (Millions of yen)
2,627
525
122
3,275

Sales (Millions of yen)
2,920
583
135
3,638

Sales (Millions of yen)
10,413
2,036
524
12,974-2-(2) Financial Position
Total assets at the end of the three month the fiscal year under review increased by ¥ 602 million from the endof the previous fiscal year, to ¥ 38,273 million. It was mainly due to an increase in land (¥ 726 million) and adecrease in cash and deposits (¥ 159 million).
Total liabilities at the end of the three month the fiscal year under review increased by ¥ 727 million, to¥ 21,512 million. It was mainly due to an increase in borrowings (¥ 857 million) and a decrease in income taxes
payable (¥ 209 million).
Total net assets at the end of the three month the fiscal year under review decreased by ¥ 125 million, to¥ 16,761 million. It was mainly due to cash dividends paid (¥ 635 million). As a result, the equity ratio
increased to 43.7% 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 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 considerationdemographic trends and other indicators.
There are no revisions to the business forecasts for the fiscal year ending September 30, 2023, which wasannounced on November 8, 2022.
*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

As of December 31, 2022

3,961
16755339△04,7213,802186555
35△04,57970268629,781
724
386
32,2819659
32,94937,671739
667
30,508684
428
33,0289656
33,694
38,273

296
－
1,992
476
39
12
681
3,498

317
396
2,076
266
22－
794
3,874

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

16,723
449
39
294
130
17,63721,512

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Prepaid expenses
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings, net
Machinery 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 liabilities
Total liabilities-4-(Millions of yen)
As of September 30, 2022

As of December 31, 2022

1,847
2,284
13,128△378
16,882

1,847
2,284
12,986△378
16,74067△32△2630
16,88637,671△21△1334
16,761
38,273

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-(2) Statement of Profit and Loss(Millions of yen)Three 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
Insurance claim 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-Three months ended
December 31, 2022

3,275
2,214
1,060
375
685

3,638
2,448
1,190
412
778

000000000053053
631

53053725

29
29－－

66655
208
447

44720
227492

(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 first quarter ended December 31,
2022, and then multiplying income before income taxes for the three months with the said estimated effectivetax 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-