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.

Consolidated Financial Results
for the Three Months Ended May 31, 2024
<Under Japanese GAAP>
July 16, 2024
TOHO CO., LTD.
Tokyo Stock Exchange/Fukuoka Stock Exchange
9602
https://www.toho.co.jp/
Hiro Matsuoka
President & CEO
Inquiries:
Harunori Kato
Senior Executive Officer in charge of Finance & Accounting, Corporate Management
Group
TEL:
+81-3-3591-1218
Scheduled date to file Quarterly Securities Report:
July 16, 2024
Scheduled date to commence dividend payments:–
Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results presentation meeting:
None
Company name:
Listing:
Securities code:
URL:
Representative:(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the three months ended May 31, 2024 (from March 1, 2024 to
May 31, 2024)(1) Consolidated operating results (cumulative)
Operating revenue
Three months ended
May 31, 2024
May 31, 2023

Millions of yen

Note: Comprehensive income

Operating profit%

85,97674,153

15.9
19.9

Millions of yen

24,57618,324

Profit attributable toowners of parent

Ordinary profit
%

34.1
28.4

Three months ended May 31, 2024
Three months ended May 31, 2023

Basic earnings per
share
Three months ended
May 31, 2024
May 31, 2023

(Percentages indicate year-on-year changes.)

Millions of yen%

23,35118,80224.2
18.8¥17,994 million [(4.9)%]¥18,916 million [74.1%]

Diluted earnings per
share

Yen

Yen

94.07
70.41

–
–

(2) Consolidated financial position
Total assets
As of
May 31, 2024
February 29, 2024
Reference: Equity

Millions of yen

611,907615,826
As of May 31, 2024
As of February 29, 2024

Millions of yen

Net assets
Millions of yen

458,344484,755¥442,700 million¥458,890 million

Equity ratio
%

72.3
74.5

16,14912,291

%

31.4
6.7

2. Cash dividends
Annual cash dividends per shareFirst quarter-end

Second quarter-end

Yen
Fiscal year ended
February 29, 2024
Fiscal year ending
February 28, 2025

Third quarter-end

Yen−

Fiscal year-end

Yen

Total

Yen

Yen

20.00

−

65.00

85.00

35.00

−

35.00

70.00

−

Fiscal year ending
February 28, 2025
(forecast)

Note: Revisions to dividends forecasts most recently announced: None

3. Consolidated earnings forecasts for the fiscal year ending February 28, 2025 (from March 1, 2024
to February 28, 2025)(Percentages indicate year-on-year changes.)

Fiscal year ending
February 28, 2025

Basic
Profit attributable toearnings perowners of parent
share

Operating revenue

Operating profit

Ordinary profit

Millions ofyen%Millions ofyen%Millions ofyen%Millions of
yen

%

Yen

280,000(1.2)

55,000(7.2)

57,000(9.6)

39,000(13.9)

227.18

Note: Revisions to earnings forecasts most recently announced: None

* Notes(1) Changes in significant subsidiaries during the period: None
(2) Adoption of special accounting treatments for preparing quarterly consolidated financial statements:
None(3) Changes in accounting policies, changes in accounting estimates, and restatementa. Changes in accounting policies due to revisions to accounting standards and other regulations: Noneb. Changes in accounting policies due to other reasons: Nonec. Changes in accounting estimates: None
d. Restatement: None
(4) Number of issued shares (common shares)
a. Total number of issued shares at the end of the period (including treasury shares)
As of May 31, 2024

186,490,633 shares

As of February 29, 2024

186,490,633 sharesb. Number of treasury shares at the end of the period
As of May 31, 2024

16,978,395 shares

As of February 29, 2024

12,490,741 sharesc. Average number of shares during the period
Three months ended May 31, 2024

171,667,050 shares

Three months ended May 31, 2023

174,574,680 shares* Quarterly financial results reports are exempt from quarterly review conducted by certified public
accountants or an audit corporation.
* Proper use of earnings forecasts, and other special matters(Caution regarding forward-looking statements and others)
The forward-looking statements, including earnings forecasts, contained in these materials are based on
information currently available to the Company and on certain assumptions deemed reasonable by theCompany. Actual results may differ significantly from these forecasts due to various factors. Please referto “(3) Consolidated earnings forecasts and other forward looking statements” in “1. Qualitative
Information” on page 4 of the attached materials for the suppositions that form the assumptions forearnings forecasts and cautions concerning the use thereof.
(Availability of supplementary material on financial results)
The supplementary document on quarterly earnings is disclosed on the same day as the quarterly financial
results, and it is made available on the Company’s website.

TOHO CO., LTD. (9602)
Consolidated financial results for the three months ended May 31, 2024

Attached Material
1. Qualitative Information ........................................................................................................................................................ 2(1) Details of operating results .............................................................................................................................................2(2) Details of financial position ............................................................................................................................................4(3) Consolidated earnings forecasts and other forward-looking statements .........................................................................4
2. Quarterly Consolidated Financial Statements and Significant Notes Thereto ...................................................................... 5(1) Quarterly consolidated balance sheet ..............................................................................................................................5(2) Quarterly consolidated statement of income and consolidated statement of comprehensive income .............................7(3) Quarterly consolidated statement of cash flows ..............................................................................................................9(4) Notes to quarterly consolidated financial statements ....................................................................................................10(Notes on going concern assumption) ...........................................................................................................................10(Notes on significant changes in the amount of shareholders’ equity) ..........................................................................10(Adoption of special accounting treatments for preparing quarterly consolidated financial statements) ......................10(Changes in accounting policies) ..................................................................................................................................10(Segment information, etc.) ..........................................................................................................................................11- 1 -TOHO CO., LTD. (9602)
Consolidated financial results for the three months ended May 31, 2024

1.

Qualitative Information(1) Details of operating results
In the three months ended May 31, 2024, the outlook for the Japanese economy remained uncertain,
mainly due to the risk of an economic downturn overseas, the effect of rising prices, and fluctuationsin the financial and capital markets despite trends of moderate economic recovery in the context of an
improved employment and income environment.
Under these conditions, the Group engaged in active investment and steady business development,
striving to achieve further growth in each of the “four pillars of business,” consisting of cinema,
animation, theatrical productions, and real estate, in the final year of the “Medium-term Management
Plan 2025,” formulated in April 2022. Regarding the operating results for the three months ended May
31, 2024, operating revenue was ¥85,976 million (up 15.9% year on year), operating profit was¥24,576 million (up 34.1% year on year), ordinary profit was ¥23,351 million (up 24.2% year on year)
and profit attributable to owners of parent was ¥16,149 million (up 31.4% year on year).
The operating results by segment are as follows.
Cinema businessIn the Production and Distribution business, TOHO CO., LTD. had a major hit with the collaboratively
produced and distributed “Detective Conan: The Million-dollar Pentagram,” as well as the hit
productions “The Floor Plan,” “Doraemon the Movie: Nobita’s Earth Symphony,” “Godzilla x Kong:
The New Empire.” In addition, “Haikyu!!: The Dumpster Battle,” released in the previous fiscal year,
continued to deliver strong sales with cumulative box office receipts surpassing ¥10 billion. Asidefrom that, domestic distribution rights revenue from the hit movie “GODZILLA MINUS ONE”
released last year contributed to earnings. As a result, operating revenue in the Production andDistribution business was ¥19,730 million (up 42.4% year on year) and operating profit was ¥9,873
million (up 70.3% year on year). The above operating revenue mainly consists of ¥13,951 million
from distribution to movie theaters (up 22.6% year on year) and ¥2,361 million from the domestic
streaming of theatrical films (up 713.5% year on year).
In the Movie Theater Chain business, TOHO Cinemas Ltd. and others released works listed above andothers. The number of movie theater customers in the three months ended May 31, 2024 decreased by
9.5% year on year to 11,220,000, partly reflecting the absence of any international hit movies. As aresult, operating revenue in the Movie Theater Chain business was ¥21,372 million (down 7.9% year
on year) and operating profit was ¥3,805 million (down 18.5% year on year). There were no theaterchanges in the three months ended May 31, 2024. The number of screens managed by the corporategroup is 722 throughout Japan (including 56 collaboratively managed screens).
In the Production and Licensing business, TOHO CO., LTD. recorded revenue from distribution androyalties from merchandising rights in Japan and overseas for TOHO animation productions that it
had invested in, such as “Haikyu!!,” “My Hero Academia,” “JUJUTSU KAISEN,” “SPY x FAMILY,”“Frieren: Beyond Journey’s End,” and “The Apothecary Diaries,” as well as revenue as a result ofroyalty from various platforms, which made a significant contribution to business performance. In the
Home Entertainment business, sales were strong for “GODZILLA MINUS ONE,” and sales grew for
the TOHO animation productions such as “Frieren: Beyond Journey’s End,” “Umamusume: Pretty
Derby,” and “JUJUTSU KAISEN.” In the Publishing and Merchandising business, sales werefavorable for souvenir programs and character goods for works distributed by the Company such as
the movies “Haikyu!!: The Dumpster Battle,” “Detective Conan: The Million-dollar Pentagram,” and“Godzilla x Kong: The New Empire.” In addition, sales of character goods of TOHO animation
productions contributed to operating revenue. TOHO Studios Co., Ltd. operated strongly as a resultof integrating the Production and Studio businesses. At TOHO EIZO BIJUTSU Co., Ltd. and TOHOSTAGE CRAFT Co., Ltd., efforts were focused on cost management as orders rolled in for stage
production and art production for movies, TV and commercials, etc., for production services fordisplay items in theme parks, as well as for maintenance services. As a result, operating revenue in the
Production and Licensing business was ¥18,899 million (up 36.4% year on year) and operating profit
was ¥6,418 million (up 138.8% year on year). The above operating revenue mainly consists of ¥7,743
million for the use of animation contents (up 47.6% year on year), ¥2,479 million for sale of home

- 2 -

TOHO CO., LTD. (9602)
Consolidated financial results for the three months ended May 31, 2024

entertainment (up 98.9% year on year) and ¥2,132 million for art production related to production andlicensing works, etc. (up 8.8% year on year).
As a result, in the overall Cinema business, operating revenue was ¥60,002 million (up 17.8% year onyear) and operating profit was ¥20,098 million (up 52.8% year on year).
Theatrical businessIn the Theatrical business, “Spirited Away” and “Endless SHOCK (Endless SHOCK/ Endless SHOCK-Eternal-)” were performed at TOHO CO., LTD.’s Imperial Theatre and were completely sold out. At
Theatre Creation, “The Bones and Scorn” was performed to a full house, and the theatre also hosted
performances of “The World of Machida-kun,” “CROSS ROAD,” and “Navillera.” At Nissay Theatre,“The King and I” was performed to a full house. In addition, the Company expanded external theatrical
works such as “Spirited Away.” At Toho Entertainment Co., Ltd., affiliated actors worked favorably
on commercial performances, etc.
As a result of the above, operating revenue in the Theatrical business was ¥5,246 million (down 2.6%
year on year) and operating profit was ¥1,009 million (down 16.7% year on year).
Real Estate businessIn the Lease of Land and Buildings business, earnings for the first three months ended May 31, 2024
included those of TOKYO RAKUTENCHI Co., Ltd., which became a consolidated subsidiary at theend of the previous fiscal year. The vacancy rate of real estate for leasing was 0.5% as of the end of
the first quarter of the current fiscal year. On the other hand, there was an increase in one-time costs
such as large repair expenses. Therefore, while operating revenue in the Lease of Land and Buildings
business was ¥9,419 million (up 29.6% year on year), operating profit was ¥2,835 million (down
14.1% year on year).
In the Road business, there was firm public investment, but the situation continued to be unpredictable
due to factors such as the chronic shortage of construction tradespeople on top of continued increases
in labor costs, equipment and material prices. Under these conditions, Subaru Enterprise Co., Ltd. andits consolidated subsidiaries focused on strengthening their response to a comprehensive evaluation
system for open competitive bidding as part of their efforts to increase orders for various construction
works. However, the number of highly profitable projects declined. As a result, operating revenue in
the Road business was ¥8,062 million (up 3.8% year on year) and operating profit was ¥1,551 million(down 5.0% year on year). Operating revenue mainly consists of ¥7,431 million from roadmaintenance, repair and cleaning services (up 4.1% year on year) and also includes ¥229 million ofother revenue (up 9.7% year on year).
In the Building Maintenance business, Toho building kanri Co., Ltd. and Toho Facilities Co., Ltd.
proceeded with efforts to receive new orders but also strove to renegotiate contract amounts andstreamline operations amid soaring raw material prices and continuing labor shortages. As a result,operating revenue was ¥2,908 million (up 16.4% year on year) and operating profit was ¥352 million(up 56.0% year on year).
As a result of the above, operating revenue in the overall Real Estate business was ¥20,390 million(up 16.3% year on year) and operating profit was ¥4,739 million (down 8.2% year on year).
Other businessToho Kyoei Kigyo Co., Ltd.’s “Toho Chofu Sports Park” and TOHO RETAIL CO., LTD.’s theater
concession stands, etc. engaged in proactive sales activities. As a result, operating revenue in Other
business was ¥337 million (up 10.3% year on year) and operating profit was ¥48 million (down 6.9%
year on year).

- 3 -TOHO CO., LTD. (9602)
Consolidated financial results for the three months ended May 31, 2024

(2) Details of financial position
With regard to the financial position as of the end of the first quarter of the current fiscal year, total
assets decreased by ¥3,919 million from the end of the previous fiscal year to ¥611,907 million. Thiswas mainly due to decreases of ¥28,000 million in short-term loans receivable with resale agreement,¥6,010 million in notes and accounts receivable - trade, and contract assets, and ¥3,470 million in
investment securities, despite increases of ¥16,217 million in cash and deposits, ¥12,361 million inland, and ¥6,381 million in securities.
Liabilities increased by ¥22,491 million from the end of the previous fiscal year to ¥153,562 million.
This was mainly due to an increase of ¥19,997 million in short-term borrowings.
Net assets decreased by ¥26,410 million from the end of the previous fiscal year to ¥458,344 million.
This was mainly due to an increase of ¥22,394 million in treasury shares, a decrease of ¥10,220 million
in non-controlling interests, and an increase of ¥4,871 million in retained earnings.
(3) Consolidated earnings forecasts and other forward-looking statements
There have been no changes in the consolidated earnings forecasts for the fiscal year ending February
28, 2025, which were announced on April 15, 2024, in the “Consolidated Financial Results for the
Fiscal Year Ended February 29, 2024.”- 4 -TOHO CO., LTD. (9602)
Consolidated financial results for the three months ended May 31, 2024

2.

Quarterly Consolidated Financial Statements and Significant Notes Thereto(1) Quarterly consolidated balance sheet(Millions of yen)
As of February 29, 2024
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract
assetsSecurities
Inventories
Short-term loans receivable with resale agreement
Other
Allowance for doubtful accounts

As of May 31, 2024

38,733

54,95042,07536,064

41,20013,13034,99938,396(32)

47,581
13,644
6,999
31,779(38)

208,503

190,980

104,116
104,539
5,738
10,456

105,463
116,901
8,783
10,291

224,851

241,440

1,927
5,089

1,833
5,644

7,017

7,478

Investments and other assets
Investment securities
Other
Allowance for doubtful accounts

154,175
21,373(93)

150,704
21,371(68)

Total investments and other assets

175,454

172,008

407,323

420,926

615,826

611,907

Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
LandConstruction in progress
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets

Total non-current assets
Total assets- 5 -TOHO CO., LTD. (9602)
Consolidated financial results for the three months ended May 31, 2024

(Millions of yen)
As of February 29, 2024
Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Current portion of long-term borrowings
Income taxes payable
Provision for bonuses
Other provisions
Asset retirement obligations
Other

As of May 31, 2024

32,76541
1,124
12,002
1,226
86
25
21,86827,893
20,038
971
7,257
1,809
23
141
35,25069,141

93,387

2,189
4,004

1,830
4,005

162

158

86
8,079
47,40686
8,132
45,961

61,92960,175

Total liabilities

131,071

153,562

Net assets
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Treasury shares

10,355
14,216439,921(42,827)

10,355
14,216444,793(65,222)421,667

404,143

Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans

34,216–2,642
363

33,181
(20)
5,022
373

Total accumulated other comprehensive income

Total current liabilities
Non-current liabilities
Long-term borrowings
Retirement benefit liability
Provision for retirement benefits for directors (andother officers)
Other provisions
Asset retirement obligations
Other
Total non-current liabilities

Total shareholders’ equity

37,22338,556

Non-controlling interests

25,865

15,644

Total net assets

484,755

458,344615,826

611,907

Total liabilities and net assets- 6 -TOHO CO., LTD. (9602)
Consolidated financial results for the three months ended May 31, 2024

(2) Quarterly consolidated statement of income and consolidated statement of comprehensive
incomeQuarterly consolidated statement of income
Three months ended May 31, 2024
(Millions of yen)

Operating revenue
Operating costs
Gross profit
Selling, general and administrative expenses
Personnel expenses
Advertising expenses
Provision for bonuses
Retirement benefit expenses
Provision for retirement benefits for directors (and otherofficers)
Rent expenses on land and buildings
Other
Total selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Share of profit of entities accounted for using equity
methodForeign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Share of loss of entities accounted for using equity
methodLoss on liquidation of subsidiaries
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Insurance claim income
Total extraordinary income
Extraordinary losses
Loss on tax purpose reduction entry of non-current
assetsLoss on valuation of investments in capital
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent- 7 -Three months ended
May 31, 2023

Three months ended
May 31, 2024

74,15339,416
34,73685,97642,60643,370

5,048
1,931
509
295

5,958
2,672
622
256

7

11

2,378
6,240
16,412
18,3242,255
7,016
18,793
24,576

169
57

56
27

78

–

129
104
540

217
142
443

1

13

–

1,644

51
7
61
18,802–
11
1,668
23,351

–
–

20
20

–

9

107
107
18,695
5,574
319
5,893
12,802510
12,291–
9
23,362
7,057
(354)
6,702
16,660510
16,149

TOHO CO., LTD. (9602)
Consolidated financial results for the three months ended May 31, 2024

Quarterly consolidated statement of comprehensive income
Three months ended May 31, 2024
(Millions of yen)

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests- 8 -Three months ended
May 31, 2023

Three months ended
May 31, 2024

12,802

16,660

5,936
148
25

(1,035)
222
9

3

2,137

6,114

1,333

18,91617,994

18,405

17,483510

510

TOHO CO., LTD. (9602)
Consolidated financial results for the three months ended May 31, 2024

(3) Quarterly consolidated statement of cash flows(Millions of yen)Three months ended
May 31, 2023
Cash flows from operating activities
Profit before income taxes
Depreciation
Increase (decrease) in allowance for doubtful accounts
Interest and dividend income
Interest expenses
Share of loss (profit) of entities accounted for using
equity method
Decrease (increase) in trade receivables and contract
assetsDecrease (increase) in inventories
Increase (decrease) in trade payables
Increase (decrease) in accrued consumption taxes
Other
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of securities
Proceeds from sale of securities
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Purchase of investment securities
Purchase of shares of subsidiaries
Loan advances
Proceeds from collection of loans receivable
Investments in money held in trust
Other
Net cash provided by (used in) investing activities
Cash flows from financing activities
Proceeds from short-term borrowings
Net increase (decrease) in short-term borrowings
Repayments of long-term borrowings
Purchase of treasury shares
Dividends paid
Dividends paid to non-controlling interests
Purchase of shares of subsidiaries not resulting inchange in scope of consolidation
Repayments of lease liabilities
Other
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period- 9 -Three months ended
May 31, 2024

18,695
2,429
(7)
(226)
1

23,362
3,020
(18)
(84)
13

(78)

1,644

(4,948)6,181(1,752)
1,402
496
4,848
20,860345(7)(10,512)
10,685(442)(4,901)356
5,883
35,01485(15)(11,339)
23,745(14,199)
12,800(7,434)0(1,001)–(0)
1–(2,248)(12,082)–
22,610(19,915)33(1)(6,544)
(220)
0
(300)
(1,367)(5,705)

–
(5)
(12)
(1)
(6,822)(199)

20,000(2)(512)(20,054)(11,029)
(275)

(1)

(0)

(68)
9
(7,100)(4)–(11,879)

175

280(8,321)
112,121103,800

6,441
82,424
88,865

TOHO CO., LTD. (9602)
Consolidated financial results for the three months ended May 31, 2024

(4) Notes to quarterly consolidated financial statements(Notes on going concern assumption)
Not applicable.
(Notes on significant changes in the amount of shareholders’ equity)
The Company acquired 4,000,000 treasury shares pursuant to a resolution at a meeting of its Board of
Directors held on April 15, 2024. As a result of the purchase, etc., treasury shares increased in valueby ¥22,394 million in the three months ended May 31, 2024, and as of May 31, 2024, the value oftreasury shares stood at ¥65,222 million.
(Adoption of special accounting treatments for preparing quarterly consolidated financial
statements)
Not applicable.
(Changes in accounting policies)
Not applicable.

- 10 -TOHO CO., LTD. (9602)
Consolidated financial results for the three months ended May 31, 2024

(Segment information, etc.)[Segment information]I.

Three months ended May 31, 2023
Disclosure of net sales and profit (loss) by reportable segment
Reportable segments

Net sales
Sales to externalcustomers
Intersegment sales
or transfers
Total
Segment profit(loss)

Other(Note 1)

Total

(Millions of yen)Amounts inthe quarterly
Adjustments consolidated(Note 2)statement ofincome(Note 3)Cinemabusiness

Theatricalbusiness

Real Estatebusiness

50,925

5,385

17,53573,847

305

74,153–74,153

538

4

1,280

1,823

49

1,873

(1,873)–51,464

5,390

18,81675,671355

76,026(1,873)74,153

13,155

1,212

5,160

19,52851

19,579(1,255)18,324

Total(Notes) 1. The “Other” category is a business segment that is not included in the reportable segments and includes businesses
that operate sports facilities, etc.
2. The ¥1,255 million deducted from segment profit (loss) as adjustment consists of a deduction of ¥3 million inintersegment transaction elimination, and a deduction of ¥1,252 million in corporate expenses that cannot beallocated to any reportable segment. Corporate expenses mainly consist of general and administrative expenses thatare not attributable to reportable segments.
3. Segment profit (loss) is adjusted with operating profit stated in the quarterly consolidated statement of income.

II. Three months ended May 31, 2024
Disclosure of net sales and profit (loss) by reportable segment
Reportable segments

Net sales
Sales to externalcustomers
Intersegment sales
or transfers
Total
Segment profit(loss)

Other(Note 1)

Total

(Millions of yen)Amounts inthe quarterly
Adjustments consolidated(Note 2)statement ofincome(Note 3)Cinemabusiness

Theatricalbusiness

Real Estatebusiness

60,002

5,246

20,39085,639337

85,976–85,976

651

8

1,278

1,938

43

1,981

(1,981)–60,653

5,255

21,66887,578380

87,958(1,981)

85,97620,098

1,009

4,739

25,84748

25,895(1,319)24,576

Total(Notes) 1. The “Other” category is a business segment that is not included in the reportable segments and includes businesses
that operate sports facilities, etc.
2. The ¥1,319 million deducted from segment profit (loss) as adjustment consists of a deduction of ¥1 million inintersegment transaction elimination, and a deduction of ¥1,317 million in corporate expenses that cannot beallocated to any reportable segment. Corporate expenses mainly consist of general and administrative expenses thatare not attributable to reportable segments.
3. Segment profit (loss) is adjusted with operating profit stated in the quarterly consolidated statement of income.

- 11 -