To Shareholders and Investors

Interim Business Reportfor the 90 TermthProtecting Human Lifeand Mother Earth

From April 1, 2022 to September 30, 2022

Securities Identiﬁcation Code: 6455

TOP MESSAGE

G r eet i ng

Since its establishment in 1 9 0 7, Morita has been

As social issues become more diverse and complex,

a leading manufacturer of fire fighting vehicles andcorporations are playing an increasingly important role

has progressed together with the development ofin realizing a safe, secure, and sustainable society. It

firefighting technology in Japan. We would like tois in this rapidly changing environment that we will

express our deepest gratitude to our shareholders

steadily implement the basic policies of our Mid-and other stakeholders for their warm support andterm Plan, Morita Reborn 2025, from a more medium-patronage.

to long-term perspective. At the same time, we will

Under the slogan “Protecting Human Life and Motherstrive to fulfill our corporate social responsibility andEarth,” the Morita Group has been working to provide

enhance our corporate value by working to enhancesolutions that respond to changes in society throughsustainability through environmental efforts, social

its four businesses area; fire fighting vehicles, firecontribution, and enhanced corporate governance.

prevention equipment & systems, recycling machines,

We will continue to come together and make aand environmental conservation vehicles, in order toconcerted effort to be a corporate group that isprotect people’s lives and property from disasters andwidely trusted by society and hope for your continued

contribute to the preservation of our irreplaceablesupport in the years to come.

global environment.

Masahiro Nakajima Chairman & CEOShinichi Kanaoka President

thOverview of the first half of 90 Term
Net sales¥28,156

Operating profit
million¥702

millionOrdinary profit¥864

millionProfit attributable toowners of parent¥363

Year on year

Year on year

Year on year

Year on year

UpUpUpUp

4.2％

125.3％

37.0％

million38.5 ％The outlook for the Japanese economy in thefiscal year under review, orders received totaled 54,806

consolidated cumulative second quarter of the fiscal

million yen (up 4,942 million yen or 9.9% year on year)

year under review remains uncertain due to the sharp

and net sales amounted to 28,156 million yen (up 1,144

depreciation of the yen, soaring material prices, and amillion yen or 4.2% year on year). In terms of profit, theshortage of semiconductor supplies.

Group recorded an operating profit of 7 0 2 million yen

In addition to this environment, the Group has made(up 390 million yen or 125.3% year on year), an ordinary

efforts to improve production efficiency in the fire

profit of 864 million yen (up 233 million yen or 37.0%

fighting vehicle business and environmental conservation

year on year), and a profit attributable to owners ofvehicles business amid unstable supply of chassis.

parent of 363 million yen (up 100 million yen or 38.5%

In the consolidated cumulative second quarter of theyear on year).

MORITA NEWS
Toward Strengthening Basic Research Capabilities
and New Product Development Capabilities:

Mid-term Plan

Building a New Research and Development Center in Yao, Osaka Prefecture
The Morita Group is consolidating its currently
scattered R&D bases to Yao, Osaka Prefecture, withthe aim of strengthening basic research capabilities
and new product development capabilities, which isincluded in the basic policy of Morita Reborn 2 0 2 5.
Construction is underway with a goal of completionby the summer of 2023.
The Morita Group's mainstay fire trucks businessand fire extinguishers & equipment business will
be equipped with the largest fire extinguishingexperiment building in western Japan and a 33-meter
training tower (equivalent to an 1 1-story apartmentbuilding) to provide environments to support further
developments in fire fighting technology. These buildings will be used for the planning and demonstration of fire fighting andrescue tactics that can be used to respond to various situations, the development of new products, and operational training.
In addition, the Morita Group will set up a lab to realize comprehensive disaster prevention solutions and a co-creation space
to facilitate open innovation and communication with universities, aiming to create facilities that realize industry-academia
collaborations as well as collaborations with other companies.
The Morita Group aims to become a corporation that contributes to a safe and secure society by protecting the lives of as many
people as possible. We will continue to provide solutions that deal with the increasingly diverse and large-scale disasters under
the slogan “Protecting Human Life and Mother Earth” in line with the direction of the Group.

Environmental Conservation
Vehicles Business

Launch of Miracle Kiyora V, a Disinfectant Spray
Device for Garbage Trucks:

Sanitation Measures for Garbage Collection Environments
MORITA ECONOS has begun sales of Miracle Kiyora V, adisinfectant spray device for rotary garbage trucks.
Garbage collection workers, who help maintain theliving environment for the public and help improve
public health, are essential workers contributing to themaintenance of social functions. However, there is a riskof virus scattering from garbage in daily collection work,and the establishment of sanitation measures for the work
environment is expected. To solve this problem, MORITAECONOS developed Miracle Kiyora V, a device that sprays
disinfectant, and started sales in September 2022.
Miracle Kiyora V is equipped with a curtain at the slot
to shield the splash and droplets caused by the burstingof the bags put into the slot. In addition, a device that
automatically sprays disinfectant between the shielded
curtain and the push plate*1 prevents the disinfectant
from scattering and sprays it at an effective time. The
disinfectant developed by Kao Corporation exclusively forthis product*2 has been verified to be effective *3 against
two enveloped viruses.
*1 *2 Patent pending*3 Not all viruses are eliminated.

Packer plate

Spray device

DisinfectantCurtain

O PERA T

I O N

H I G H L

I G H

TS

Fin an c ial H ig h l i g h t s ( C o n s o l i d a t e d )Net sales

Operating profit■ First half

Unit: Millions of yen

86,922

31,67884,66728,163■ Full-year

8,855

83,6022021.32022.32023.3

8,115

702

311

2021.32023.32022.3

Profit attributable to owners of parent■ First half

■ Full-year■ First half

Unit: Millions of yen

6,971

9,479

9,326

810

2020.3

Ordinary profit
Unit: Millions of yen

8,855■ Full-year

28,15627,0111,424
2020.3■ First half

Unit: Millions of yen

8,761

6,224

■ Full-year

5,350

2,065
1,557

1,018

2020.3864

631

2021.32022.32023.32020.3504

262

2021.32022.3363
2023.3

Perf o rm a n ce b y S e g m e n t
Fire Protection Equipment& Systems BusinessFire Fighting Vehicles BusinessNet sales

Operating profit

N e t sal e s

Op e rat in g l o ss

Year on year

Year on year

Year on year

Previous year:

Up 4.8％Loss of 506 million yen

8,398million yen 561million yen
Up 4.2％Up 206.0％

Sales and profit increased
mainly due to strong sales offire extinguishers.

Environmental Conservation
Vehicles BusinessNet sales

Operating profit

Year on year

Year on year

4,479million yen 164million yen
Down 3.3％

12,487million yen 344 million yen

29.8%
Net sales
composition

15.9%

Down 48.2％
Sales and profit decreased
due to the impact of delayed
supply of chassis.

9.9%

44.4%

Although domestic sales
were sluggish, overseas
sales remained strong
and both sales and profit
increased.

Recycling Machines BusinessN e t sal e s

Operating profit

Year on year

Year on year

2,790million yen 314million yen
Up 15.7％
Sales increased and profit
decreased due to strong
sales of products.

Down 0.9％

Company Profile and Stock Information
Company Name

MORITA HOLDINGS CORPORATIONFoundedApril 23, 1907Established

July 23, 1932

Paid-in capital

4,746 million yen

MORITA CORPORATION 1-5 Techno Park, Sanda-shi, Hyogo,669-1339, Japan

Development, manufacturing and sales of ladder trucks, firetrucks, and specialty vehicles

Osaka Head Office 3-6-1 Dosho-machi, Chuo-ku, Osaka-shi, Osaka
Tokyo Head Office 5-36-7 Shiba, Minato-ku, Tokyo
Business

Control/management of business activities ofgroup companies, and being entrusted withindirect management operations

MORITA MIYATACORPORATION

3-5-7 Ariake, Koto-ku, Tokyo, 135-0063, Japan

Development, manufacturing and sales of fireextinguishing-related equipment, mainly of fire
extinguishers, firefighting equipment and fire protectionrelated equipment.

MORITA
1530 Konoda-cho, Funabashi-shi,
ENVIRONMENTAL TECH Chiba, 274-0081, Japan
Design and construction of waste recycling facilities andCORPORATION
other waste disposal facilities. Development, manufacturing
and sales of large hydraulic equipment

Executives
Chairman & CEO

Masahiro Nakajima

President

Shinichi Kanaoka

Director and Managing Executive Officer

Kunio Morimoto

Director and Managing Executive Officer

Shinya Murai

DirectorMitsuo Isoda

Director

Takao Kawanishi

DirectorMasaki HojoDirector

Masayoshi KatoDirector

Hiroyuki Fukunishi

Full-Time Corporate Auditor

Eiji AsadaAuditor

Masaru Ota

AuditorShozo Nishimura

AuditorMari Kaneko

Managing Executive Officer

Mitsuru Ito

Information about the Stock
Fiscal Year

Major Group Companies

MORITA ECONOSCORPORATION

28 Techno Park, Sanda-shi, Hyogo,669-1339, Japan

MORITA TECHNOSCORPORATION

32 Techno Park, Sanda-shi, Hyogo,669-1339, Japan

Development, manufacturing and sales of environmental
conservation vehicles such as sanitation vehicles(Vacuuntrucks) and garbage collectors

Aftercare service and maintenance of fire trucks and ofrescue equipment. Development, manufacturing and salesof electronic applied machinery and information processing
machinery

BRONTO SKYLIFT OY AB Teerivuorenkatu 28, FI-33300 Tampere, Finland

Development, manufacturing and sales of combined
platform ladders and aerial platforms

Breakdown of Shares
by Type of Shareholder

As of September 30, 2022

Treasury shares 6.6％

Securities companies

0.6％

Other Japanese
corporations

Government andlocal public authorities

7.2％

Non-Japanese
corporations

15.1％

0.1％

Total

46,918,542
sharesIndividuals/others

Financial institutions

29.1％

41.3％

April 1 to March 31

Annual General Meeting ofJuneShareholders

Major Shareholders (Top 10)

Reference Dates

Name

Annual General Meeting of Shareholders - March 31
Year-end Dividend - March 31
Interim Dividend - September 30
Other dates published in advance as necessary

As of September 30, 2022
No. of shares(thousand)

The Master Trust Bank of Japan, Ltd. (Trust account)

4,811

Morita Trading-Partner Shareholding Association

2,379

The Dai-ichi Life Insurance Company, Limited

2,123

Mizuho Bank, Ltd.

2,087

Sumitomo Mitsui Trust Bank, Limited

2,082

Method of Public Notice

Posted as electronic public notice on company website

Shareholder Registry
Administrator

Sumitomo Mitsui Trust Bank, Limited

Handling Office ofShareholder Registry
Administrator

Stock Transfer Agency Department, Sumitomo Mitsui
4-5-33 Kitahama, Chuo-ku, Osaka-shi, Osaka

MUFG Bank, Ltd.

2,048

(Postal Address)

Stock Transfer Agency Department, Sumitomo Mitsui

Sumitomo Mitsui Banking Corporation

2,007

https://www.morita119.com/ir/stock/kohkoku.html
1-4-1 Marunouchi, Chiyoda-ku, Tokyo
Trust Bank, Limited

Trust Bank, Limited
2-8-4 Izumi, Suginami-ku, Tokyo, 168-0063

Custody Bank of Japan, Ltd.

1,853

(Telephone Inquiries)+81-3-3323-7111

AIR WATER INC.

1,730

(Internet Website URL)

https://www.smtb.jp/personal/procedure/agency/

NORTHERN TRUST CO.(AVFC) RE THE HIGHCLERE

Stock Exchang Listing

Tokyo Stock Exchange

Number of shares per unit

100 shares

Protecting Human Life
and Mother Earth

Notes: 1. Number of shares held is rounded down to the nearest thousand shares.
2. The Company holds treasury shares numbering 3,111 thousand shares.

Osaka Head Office

3-6-1 Dosho-machi, Chuo-ku, Osaka-shi, Osaka, 541-0045
Tel. +81-6-6208-1907

Tokyo Head OfficeMORITA HOLDINGS CORPORATIONINTERNATIONAL INVESTORS SMALLER COMPANIES FUND

5-36-7 Shiba, Minato-ku, Tokyo, 108-0014
Tel. +81-3-6400-3480

https://www.morita119.com

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