Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Three Months Ended June 30, 2023
(Based on Japanese GAAP)
August 9, 2023
Company name:
MELCO HOLDINGS INC.
Stock exchange listing: Tokyo, Nagoya
Stock code:
Representative:

6676
URL https://melco-hd.jp/President and CEO

Hiroyuki Maki

Inquiries:
General Manager, IR Division
Scheduled date to file Quarterly Securities Report:

Yasukazu Kouketsu
August 10, 2023

Scheduled date to commence dividend payments:
Preparation of supplementary material on quarterly financial results:–No

Holding of quarterly financial results meeting:

NoTEL 03-4213-1122(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the three months ended June 30, 2023 (from April 1, 2023 to June 30, 2023)(1) Consolidated operating results (cumulative)
Net sales
Three months ended June 30, 2023
Three months ended June 30, 2022

Millions of yen
34,73534,313

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
owners of parent% Millions of yen% Millions of yen% Millions of yen%
1.2
761 (56.1)
734 (56.1)
550 (51.8)(4.9)
1,736 (47.6)
1,672 (51.0)
1,141 (54.0)

Earnings per share

Diluted earnings per share

Yen
32.69
67.66

Three months ended June 30, 2023
Three months ended June 30, 2022

Yen––(2) Consolidated financial position
Total assets
As of June 30, 2023
As of March 31, 2023

Net assetsMillions of yen
95,742
93,410Equity ratio

Millions of yen
62,34362,463

Net assets per share
%
65.1
66.9

Yen
3,705.89
3,705.70

2. Cash dividends
Annual dividends per share

Year ended March 31, 2023
Year ending March 31, 2024

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
60.00

Yen–

Yen
60.00

Yen
120.00

60.00

–

60.00

120.00Year ending March 31, 2024 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2024 (from April 1, 2023 to March 31, 2024)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
Earnings per shareowners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Yen
Full year
150,000
5.2
4,000 (11.5)
4,300
(8.9)
3,000(1.9)
177.9814. Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2023
(changes in specified subsidiaries resulting in the change in scope of consolidation):No(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

No(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:

No
No

Changes in accounting estimates:
Restatement of prior period financial statements:

NoNo(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2023

16,937,873 shares As of March 31, 202316,937,873 shares

Number of treasury shares at the end of the period
As of June 30, 2023

115,066 shares As of March 31, 2023

81,726 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2023

16,846,187 shares Three months ended June 30, 2022

216,873,514 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2023

As of June 30, 2023

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract assets

20,506
16,693

17,201
18,080

Merchandise and finished goods
Raw materials and supplies

15,284
7,136

17,1109,257

Other
Allowance for doubtful accounts

6,405
(7)

6,428
(10)

Total current assets

66,02068,066

Non-current assets
Property, plant and equipment

11,236

11,052Intangible assets
Investments and other assets

3,394

4,218

Investment securities
Other

10,3952,487

10,451
2,078

Allowance for doubtful accounts

(124)

(124)

Total investments and other assets

12,757

12,40527,38927,67593,41095,742

Notes and accounts payable - trade
Electronically recorded obligations - operating

14,588742

18,187746

Current portion of long-term borrowings
Accounts payable - other99
3,117

–
2,942

Accrued expenses
Income taxes payable

2,920
303

2,490
440

Contract liabilities
Provision for bonuses for directors (and other officers)

4,432
15

4,457
5

Provision for product warranties
Other

74
1,646

76
1,038

Total current liabilities

27,941

30,387

Non-current liabilities
Retirement benefit liability

2,173

2,185

Provision for retirement benefits for directors (and otherofficers)

501

542

Provision for recycles
Other

140
189

140
143

3,005

3,011

30,94633,399Total non-current assets
Total assets
Liabilities
Current liabilities

Total non-current liabilities
Total liabilities

3

(Millions of yen)
As of March 31, 2023

As of June 30, 2023

Net assets
Shareholders' equity
Share capital

1,000

1,000

Capital surplus
Retained earnings

250
61,092250
60,632

Treasury shares

(267)

(373)

62,07561,508Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

611
31731270

Foreign currency translation adjustment
Remeasurements of defined benefit plans

(31)
(222)

49(216)

Total accumulated other comprehensive income

388

835

62,46362,343

93,41095,742

Total shareholders' equity
Accumulated other comprehensive income

Total net assets
Total liabilities and net assets

4Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)Three months ended

Three months ended

June 30, 2022

June 30, 2023

Net sales
Cost of sales34,313
25,01034,73525,724Gross profit

9,303

9,010

Selling, general and administrative expenses

7,567

8,248

Operating profit

1,736

761

Interest income
Dividend income

087053

Share of profit of entities accounted for using equity method
Other

4
29

29
25

Total non-operating income

121108Non-operating income

Non-operating expenses
Interest expenses

10

Foreign exchange losses
Commission expenses

162
2

130
1

Other

18

3

Total non-operating expenses

185

136

1,672

734–76–76

22

2

2Profit before income taxes

1,669

808

Income taxes - current
Income taxes - deferred

345
181

76
181

Total income taxes

527

257

Profit1,141550

Profit attributable to owners of parent

1,141550

Ordinary profit
Extraordinary income
Gain on sale of investment securities
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Total extraordinary losses

5Consolidated statements of comprehensive income (cumulative)(Millions of yen)

ProfitOther comprehensive income

Three months ended

Three months ended

June 30, 2022

June 30, 2023
1,141550

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

(35)
(0)

120239Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax

75
2456
4

Share of other comprehensive income of entities accounted
for using equity method

40

25

Total other comprehensive income
Comprehensive income

103

446

1,244

997

1,244

997

Comprehensive income attributable toComprehensive income attributable to owners of parent6