News Release Dated March 29, 2024
Company: Japan System Techniques Co., Ltd.
Representative: Takeaki Hirabayashi, President and CEO
Stock code: 4323, Tokyo Stock Exchange, Prime Market
Contact: Taku Hirabayashi, Director and Officer
Tel: +81-6-4560-1000

Notice of Settlement of Accounts of Parent Company, etc.
Japan System Techniques Co., Ltd. (JAST) announces that the financial statements for the fiscal year ended
December 31, 2023 of JUST Co., Ltd., a non-listed parent company (in the case where JAST is an affiliate ofanother company, such other company) of JAST, have been finalized.
1.

Name of the Parent Company, etc.

(1)

Name:

JUST Co., Ltd.

(2)

Representative:

Takeaki Hirabayashi, President and CEO(3)

Business:

Real estate management(4)

Relationship with JAST:
1) Capital
2) Personnel
3) Business

Percentage of voting rights held by parent company, etc.: 23.36%(as of September 30, 2023)
Takeaki Hirabayashi, President and CEO of JAST, concurrently serves asthe president and CEO of JUST Co., Ltd.
There is no business relationship between JAST and JUST.

12. Non-consolidated Financial Statements(1) Non-consolidated Balance SheetBalance Sheet(As of December 31, 2023)(Thousands of yen)

Item

AmountItem(Assets)
Current assets
Cash and deposits
Securities(Liabilities)
42,004116,012879

Income taxes payable

420

Other

6,369

Other
Non-current liabilities

2,159,612

Long-term borrowings

1,273,910

Corporate bonds

494,447

Land

742,558

Other

36,904

Other

134,577

Short-term borrowings

15,830Intangible assets

Current liabilities

18,924

Taxes receivable
Non-current assets
Property, plant andequipment
Buildings

AmountOther

489

Total liabilities

489(Net assets)

18,145
1,383,7831,062,013
321,000770

1,518,361

Investments and other assets

885,212

Shareholders’ equity

683,255

Investment securities

820,674

Share capital

50,000Investments in capital

25,000Capital surplus

232,530

Other

39,538Legal capital surplus

230,000

Other capital surplus

2,530

Retained earnings

Total assets

2,201,616

2

400,724

Legal retained earnings

4,000

Other retained earnings

396,724

General reserve
Retained earnings
brought forward
Total net assets

30,000366,724

Total liabilities and net assets

2,201,616

683,255

(2) Non-consolidated Statement of IncomeStatement of Income(January 1 to December 31, 2023)(Thousands of yen)

ItemAmount33,21433,21453,554(20,339)

Net sales
Gross profit
Selling, general and administrative expenses
Operating loss
Non-operating income
Interest income
Dividend income
Other
Non-operating expenses
Interest expenses
Other
Ordinary income
Extraordinary income
Gain on sales of investment securities
Profit before income taxes
Income taxes-current
Profit476
98,912
8,983
7,146
1,401

107,896

8,548
79,008
1,833
80,841
15,56765,2743

3. Shareholding by Shareholder Category
As of December 31, 2023
Shareholding status (Number of shares constituting one unit: 100 shares)
Category

National and
Financial Securities
Other
local
institutions companies corporations
governments

Number ofshareholders(persons)
Number ofshares held(units)
Percentage
ofshareholdings (%)

Foreign corporations,etc.
Individuals
and others
NonIndividuals
individuals

Odd-lotshares(Shares)

Total------

11-------

62,74662,746-------

100.00100.00-4. Major shareholders

NameDai Hirabayashi

As of December 31, 2023
Number of shares
Shareholding ratio
held(%)(Shares)
62,746100.00Address
Nishi-ku, Sakai-shi, Osaka

Total-

62,746100.005. Directors and Audit & Supervisory Board Members

Official Title

NamePresident
Takeaki Hirabayashi
and CEO
Director
Taku Hirabayashi
Director
Mami Hirabayashi
Audit &Supervisory
Michiyo Hirabayashi
BoardMember

Date of Birth
April 23, 1938
June 7, 1969
January 16, 1966
June 5, 1941

As of December 31, 2023
Number of
Brief Career History
shares held(Shares)
May 1980
Established JUST Co., Ltd.,
President and CEO (current)
March 2004
Director of the Company (current)
March 2004
Director of the Company (current)
February 2006 Audit & Supervisory Board
Member of the Company (current)
Total4-