File: Financial Results for the 39th Quarter 第 39 期 四半期決算短信_20230810152449(ja-en)

Updated: 2023/08/10 15:24:49

Consolidated Financial Results for the Second Quarter [JapaneseYear ended December 31, 2023

GAAP]
August 10, 2023

Company name:

Listedexchanges

Nomura System Corporation

Stock code

3940

RepresentativeTitle:

Contact

Title:

stockTokyo

URL https://www.nomura-system.co.jp
Representative Director(Name)
Director, General Manager of(Name)
Administration Department

Scheduled date to file Quarterly Securities
August 10, 2023
ReportYasuo nemoto(TEL) 03-6277-0133

Scheduled date of commencement ofー
dividend payment

Supplementary materials for quarterly financial results :Yes

Quarterly results briefing

Yes:

Yoshimitsu Nomura(For institutional investors and securities analysts)(Amounts are rounded down to the nearest million yen)

Financial Results for the Second Quarter of the Fiscal Year Ending December 1.2023 (January 1, 2023 to June 30, 2023)(1)Operating Results (Cumulative)(Percentages represent changes from the same quarter of the previous year.)Net sales

Operating income

Ordinary income

Net profit

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Second Quarter of Fiscal 2023

1,399

7.2

195

23.9

195

16.5

152

31.4

Q2 FY12/2022

1,306

0.4

158(18.5)167(17.5)

115(18.1)

Fully diluted
Per share
Net profit

Per share
Net profit
Yen

Yen

Second Quarter of Fiscal 2023

3.29

3.28

Q2 FY12/2022

2.50

2.48(NOTE) We conducted a 2-for-1 stock split on July 1, 2022. Net income per share and diluted net income per share are calculated based on the assumption that the stocksplit was executed at the beginning of the fiscal year ended December 2022.

(2)Financial Position
Total assets
Second Quarter of Fiscal 2023
FY 2022/12(Reference Shareholders')
equityNet assets

Equity Ratio

Millions of yen

Millions of yen

%

3,078

2,783

90.4

2,836

90.2

3,143
Second Quarter of Fiscal 2023

2,783Millions ofyen

Millions ofyen

FY 2022/12

2,836

Term end

Total

2.Dividends
Dividend per share
End of first quarterEnd of secondquarterEnd of the thirdquarter

Yen

Yen

Yen

Yen

Yen

FY 2022/12-

0.00-

3.25

3.25

Year ended December 31,2023

-

0.00-

3.25

3.25

FY 2023 (Forecast)(NOTE Revisions to the dividend forecasts most recently announced): NoneForecasts for the Fiscal Year Ending December 3.2023 (January 1, 2023 to December 31, 2023)(Percentages indicate year-on-year changes.)
Net sales
Full year

Operating income

Ordinary income

Per share
Net income

Net income

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

2,750

2.0275

�21.9275�25.9187

�26.7

4.04

(NOTE Revisions to the most recently announced earnings forecasts): None―1―1File: Financial Results for the 39th Quarter 第 39 期 四半期決算短信_20230810152449(ja-en)

Updated: 2023/08/10 15:24:49※ Notes(1)Application of special accounting methods for preparing quarterly financial statements: None(2)Changes in accounting policies and changes or restatement of accounting estimates
1 Changes in accounting policies caused by revision of accounting standards: None2 Changes in accounting policies other than (i): None3 Changes in accounting estimates: None4 Restatement of revisions: None(3)Number of shares outstanding (common shares)
1 Number of shares outstanding at the end of the period 2Q for the Year Ended
December 31, 2023
(including treasury stock)
2 Number of treasury stock at the end of the period

2Q for the Year Ended
December 31, 2023

3 Average number of shares outstanding (quarterly consolidated 2Q for the Year Ended
December 31, 2023
cumulative period)

Shar46,444,800
FY 2022/12
es
Shar

542,284es

FY 2022/12

Shar 2Q for the Year Ended
46,028,202
es
December 31, 2022

Shar
46,444,800
es
39,484

Shar
es

Shar
46,186,438
es(NOTE) We conducted a 2-for-1 stock split on July 1, 2022. The number of outstanding shares (common shares) is calculated assuming that the stock split occurred at
the beginning of the fiscal year ended December 2022.

※※

Quarterly financial results are not subject to quarterly review by a certified public accountant or auditing firm.
Explanations and other special notes concerning the appropriate use of business performance forecasts
The earnings forecasts and other forward-looking statements herein are based on information currently available to the Company and on certain assumptions deemed
to be reasonable, and do not constitute guarantees by the Company of future performance. Actual results may differ materially from the forecast depending on a rangeof factors. Although results for the current fiscal year are steady compared to the earnings forecast, the domestic economic environment and other factors remain
uncertain, so we will once again disclose the full-year earnings forecast.

―1―2File: Financial Results for the 39th Quarter 第 39 期 四半期決算短信_20230810152449(ja-en)○Accompanying Materials – Contents

1.Quarterly Financial Statements and Major Notes....................................................................................2(1)Quarterly Balance Sheets................................................................................................2(2)Quarterly Statements of Income................................................................................................3(3)Quarterly Cash Flow Statement...........................................................................4(4)Notes to Quarterly Financial Statements...........................................................................5(Notes on the Going Concern Assumption)..............................................................................5(Notes on Substantial Changes in the Amount of Shareholders' Equity)...................................................5―1―3

Updated: 2023/08/10 15:24:49

File: Financial Results for the 39th Quarter 第 39 期 四半期決算短信_20230810152449(ja-en)

Updated: 2023/08/10 15:24:49

2.Quarterly Financial Statements and Major Notes(1)Quarterly Balance Sheets(Thousands of yen)
Prior taxable year
As of December 31, 2022

Current Second Quarter
As of June 30, 2023

AssetsCurrent assets
Cash and deposits
Accounts receivable and contract assets
Work in process
OthersTotal current assets

2,068,810

2,406,133

454,257

492,618

2,704

8,404

21,34025,3262,547,111

2,932,481

55,75452,293218

218

Fixed assets
Property, plant and equipmentIntangible assets
Investments and other assets

540,153

93,376

Total noncurrent assets

596,125

145,887

3,143,237

3,078,367

Accounts payable

159,130

128,305

Income taxes payable

53,01063,134

Total assets
Liabilities
Current liabilities

Others78,51187,452

Total current liabilities

290,651

278,890

Asset retirement obligations

16,504

16,513

Total noncurrent liabilities

16,504

16,513

307,155

295,403

323,871

323,871

Long-term liabilities

Total liabilities
Net assets
Shareholders' equity
Common stock
Capital surplus

280,371

280,402

Retained earnings

2,242,861

2,243,659

Treasury stock(5,646)(65,039)

2,841,457

2,782,894

Valuation difference on available-for-sale securities(5,446)-

Total valuation and translation adjustments(5,446)-

Total shareholders' equity
Valuation and translation adjustments

Stock acquisition right
Total net assets
Total liabilities and net assets―1―47171

2,836,082

2,782,964

3,143,237

3,078,367

File: Financial Results for the 39th Quarter 第 39 期 四半期決算短信_20230810152449(ja-en)

Updated: 2023/08/10 15:24:49(2)Quarterly Statements of Income
Cumulative Second Quarter(Thousands of yen)
Cumulative second quarter of the previous
Cumulative Second Quarter Under Review
fiscal year
(January 1, 2023
(January 1, 2022
To June 30, 2023)
To June 30, 2022)
Net sales

1,305,678

1,399,118

Cost of sales

999,333

1,047,352

Gross profit

306,345

351,766

Selling, general and administrative expenses

148,624

156,412

Operating income

157,722

195,354910

Non-operating income
Interest income
Dividends income

9,112-206

81

9,327

90

Loss on valuation of investment securities-805Others-89

Total non-operating expenses-895

167,049

194,550

Gain on sales of investment securities-27,688

Total extraordinary income-27,688

Quarterly income before income taxes

167,049

222,238

Income taxes

50,842

55,111OthersTotal non-operating income
Non-operating expenses

Ordinary income
Extraordinary income

Income taxes-deferred

802

15,511

Total income taxes

51,64370,622

Net profit

115,406

151,616―1―5File: Financial Results for the 39th Quarter 第 39 期 四半期決算短信_20230810152449(ja-en)

Updated: 2023/08/10 15:24:49(3)Quarterly Cash Flow Statement(Thousands of yen)
Cumulative second quarter of the previous
Cumulative Second Quarter Under Review
fiscal year
(January 1, 2023
(January 1, 2022
To June 30, 2023)
To June 30, 2022)
Net cash provided by operating activities
Quarterly income before income taxes

167,049

222,238

Depreciation and amortization

3,295

3,461

Charges for stock compensation

3,015

4,555

-805

Unrealized gains (losses) on available-for-sale securities. (Gain on ())
Dividends income(9,112)--(27,688)

Decrease (increase) in notes and accounts receivable-trade (increase in())

202,368(38,361)

Decrease (increase) in inventories (increase in ())(1,684)(5,700)

Increase (decrease) in notes and accounts payable-trade (decrease in ())

4,227(30,825)

Increase (decrease) in accrued consumption taxes ((): decrease)(21,779)

15,765

Others(12,802)(10,264)

Subtotal

334,577

133,986

Loss (Gain) on Sales of Investment Securities. ()Dividend received

9,112

-

Income taxes paid

(89,134)(45,307)

Net cash provided by operating activities

254,556

88,679-458,000Cash flow from investing activities
Proceeds from sales of investment securities
Payments for lease and guarantee deposits(47,091)-

Cash flow from investing activities(47,091)

458,000

756--(59,000)

Cash dividends paid

(149,644)(150,357)

Cash flow from financing activities(148,888)(209,357)

Cash flow from financing activities
Proceeds from issuance of shares upon exercise of subscription rights
to shares
Purchase of treasury stock

NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS

58,577337,323

Cash and cash equivalents at beginning of period

1,848,030

2,068,810

Period-end balance of cash and cash equivalents

1,906,607

2,406,133―1―6File: Financial Results for the 39th Quarter 第 39 期 四半期決算短信_20230810152449(ja-en)(3)Notes to Quarterly Financial Statements(Notes on the Going Concern Assumption)
Not applicable.

(Notes on Substantial Changes in the Amount of Shareholders' Equity)
Not applicable.

―1―7

Updated: 2023/08/10 15:24:49