Disclaimer: This document is an English translation of the original document in Japanese and has been preparedsolely for reference purposes. In the event of any discrepancy between this English translation andthe original in Japanese, the original shall prevail in all respects.

Consolidated Financial Results
for the Three Months Ended June 30, 2023
[Japanese GAAP]
August 10, 2023
Company name:
Fuji Die Co., Ltd.
Stock exchange listing: Tokyo Stock Exchange
Securities code:
6167
URL:
https://www.fujidie.co.jp/
Representative:
Tsuneyuki Kuboi, Representative Director and President
Contact:
Yoshikazu Haruta, Senior Managing Director, Division Director of Administration Div.
Phone:+81-3-3759-7182
Scheduled date of filing quarterly securities report:
August 10, 2023
Scheduled date of commencing dividend payments:–
Availability of supplementary briefing material on quarterly financial results: Not available
Schedule of quarterly financial results briefing session: Not scheduled(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Three Months Ended June 30, 2023 (April 1, 2023 to June 30, 2023)(1) Consolidated Operating Results (Cumulative)(% indicates changes from the previous corresponding period.)
Profit attributable to
Net sales
Operating profit
Ordinary profit
owners of parent
Three months ended
Million yen%
Million yen%
Million yen%
Million yen%
June 30, 2023
4,107
(1.6)
290
(9.8)
331
(9.3)
237
(1.6)
June 30, 2022
4,175
3.3
322
5.2
365
12.0
241
1.5
(Note) Comprehensive income: Three months ended June 30, 2023: ¥279 million [(10.0)%]
Three months ended June 30, 2022: ¥310 million [0.2%]
Basic earnings Diluted earnings
per shareper share
Three months ended
Yen
Yen
June 30, 2023
11.95–
June 30, 2022
12.17–
(2) Consolidated Financial Position
Total assets
Million yen

As of June 30, 2023
As of March 31, 2023
(Reference) Equity:

Net assets
Million yen

25,891
20,037
26,253
20,392As of June 30, 2023: ¥20,037 million
As of March 31, 2023: ¥20,392 million

Equity ratio
%

77.4
77.7

2. Cash Dividends
Annual dividends per share
1st
2nd
3rd
Year-endquarter-end quarter-end quarter-end

Total

Fiscal year ended
Yen
Yen
Yen
Yen
March 31, 2023
–
0.00
–
32.00
Fiscal year ending–
March 31, 2024
Fiscal year ending
March 31, 2024
0.00
–
22.00
(Forecast)(Note) Revision to the dividends forecast announced most recently: None

Yen

32.00

22.00

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2024 (April 1, 2023 to March
31, 2024)(% indicates changes from the previous corresponding period.)
Profit attributable
Basic earnings
Net sales
Operating profit
Ordinary profit
to owners of parent
per share
Million yen%

Million yen%

Million yen% Million yen

First half
8,600
2.8
470 (18.7)
510 (22.9)
Full year
17,800
3.6
1,170
1.7
1,230
0.4
(Note) Revision to the financial results forecast announced most recently: None

370
890

%

Yen

(18.6)(31.1)

18.65
44.87

* Notes:(1) Changes in significant subsidiaries during the three months ended June 30, 2023 (changes in specified subsidiaries
resulting in changes in scope of consolidation): None
Newly included: – ()
Excluded: – ()(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: Yes(3) Changes in accounting policies, changes in accounting estimates, and retrospective restatement
1) Changes in accounting policies due to the revisions to accounting standards and other regulations: None
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting estimates: None
4) Retrospective restatement: None
(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
June 30, 2023: 20,000,000 shares
March 31, 2023: 20,000,000 shares2) Total number of treasury shares at the end of the period:
June 30, 2023: 164,998 shares
March 31, 2023: 164,998 shares
3) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year):Three months ended June 30, 2023: 19,835,002 shares
Three months ended June 30, 2022: 19,800,895 shares* These quarterly consolidated financial results are outside the scope of quarterly review by certified public
accountants or an audit firm.
* Explanation of the proper use of financial results forecast and other notes
The financial results forecasts and other forward-looking statements herein are based on information available to theCompany and certain assumptions that are deemed reasonable as of the date of publication of this document. Therefore,

these statements do not constitute a guarantee that the Company will achieve these forecasts or other forward-looking
statements. For the assumptions underlying the forecasts herein and cautionary notes on the use of these financial
results forecasts, please refer to “1. Qualitative Information on Quarterly Financial Results (3) Explanation of
Forward-Looking Information, including Consolidated Earnings Forecasts” on page 3.

Table of Contents - Attachments
1. Qualitative Information on Quarterly Financial Results ............................................................................ 2(1) Explanation of Operating Results .......................................................................................................... 2(2) Explanation of Financial Position .......................................................................................................... 2(3) Explanation of Forward-Looking Information, including Consolidated Earnings Forecasts ................ 3
2. Quarterly Consolidated Financial Statements and Primary Notes ............................................................. 4(1) Quarterly Consolidated Balance Sheets ................................................................................................. 4(2) Quarterly Consolidated Statements of Income and Comprehensive Income ......................................... 6(3) Notes to Quarterly Consolidated Financial Statements .......................................................................... 8(Notes on Going Concern Assumption) .................................................................................................... 8(Notes in the Event of Significant Changes in the Amount of Shareholders’ Equity) .................................... 8(Accounting Policies Adopted Specially for the Preparation of Quarterly Consolidated Financial Statements).................................................................................................................................................................... 8

11. Qualitative Information on Quarterly Financial Results(1) Explanation of Operating Results
The Japanese economy during the three months ended June 30, 2023 experienced growing progress toward anormalization of activities as symbolized by the fact that the legal status of COVID-19 was downgraded to “Class5,” and saw signs of recovery of consumer spending and capital investment. However, the economic outlook
remained uncertain due to factors such as a continued surge in resource and other prices impacted by the prolonged
situation in Ukraine and the effects of global financial tightening.
Amid this environment, the Group has laid out a fiscal year goal of “innovation (be brave and daring),” striving
to achieve higher quality, lower cost, shorter delivery time, and excellent service.
The Group has formulated the medium-term management plan for three years from FY2021 (the fiscal year
ended March 31, 2022), and, during FY2023 (the fiscal year ending March 31, 2024), the third year of the plan,
has also been implementing the following measures aiming at converting to a robust corporate structure andbuilding a foundation for medium- to long-term growth:
1. Productivity improvement / Business efficiency improvement
2. Respond to next-generation vehicles / Sales expansion
3. Creation of new growth engines
4. Strengthening of overseas businessFor carbide tools, although slumping demand from some semiconductor-related sectors due primarily tochanges in market conditions resulted in sluggish sales of related tools, sales of grooved rolls for overseas markets
and some dies for steel pipes (plugs) were strong. As a result, net sales were ¥1,191 million (up 11.5% year onyear).
Carbide molds saw favorable sales of molds for optical elements. Although sales of molds for automotive
batteries were firm along with the electrification of automotive vehicles, sales for molds for automotive parts weresluggish partly impacted by inventory adjustment of the parts manufacturers, and as a result, net sales were ¥983
million (down 3.3% year on year).
For other carbide products, sales of materials for China were lackluster due to a continued slowdown in theeconomy since the zero-Covid policy was implemented, although sales of related molds remained steady due tothe continued expansion in demand from some semiconductor-related sectors. As a result, net sales were ¥944
million (down 12.1% year on year).
In non-carbide products, as a result of sluggish sales of drawn steel pipes, net sales were ¥987 million (down
2.8% year on year), despite solid sales of some of steel molds for automotive parts and KF2 alloy for kneading
tools.
As a result, net sales for the three months ended June 30, 2023 totaled ¥4,107 million (down 1.6% year onyear). On the profit front, operating profit was ¥290 million (down 9.8% year on year), ordinary profit was ¥331
million (down 9.3% year on year), and profit attributable to owners of parent was ¥237 million (down 1.6% year
on year).
Segment information has been omitted because the Group is comprised of a single business segment, the wearresistant tool-related business.
(2) Explanation of Financial Position(Assets)
Total assets at the end of the three months ended June 30, 2023 decreased by ¥361 million to ¥25,891 million(¥26,253 million at the end of the previous fiscal year). Current assets decreased by ¥429 million to ¥15,295
million (¥15,724 million at the end of the previous fiscal year). This is primarily attributable to decreases of ¥286
million in cash and deposits and ¥156 million in notes and accounts receivable - trade. Non-current assets
increased by ¥67 million to ¥10,595 million (¥10,528 million at the end of the previous fiscal year). This is mainly
attributable to an increase of ¥149 million in buildings and structures, net, despite a decrease of ¥113 million inconstruction in progress.

2(Liabilities)
Total liabilities at the end of the three months ended June 30, 2023 decreased by ¥6 million to ¥5,853 million(¥5,860 million at the end of the previous fiscal year). Current liabilities decreased by ¥9 million to ¥4,187 million(¥4,197 million at the end of the previous fiscal year). This is mainly attributable to a decrease of ¥240 million in
accrued expenses, despite increases of ¥66 million in advances received included in other, current liabilities and¥150 million in provision for bonuses. Non-current liabilities increased by ¥3 million to ¥1,665 million (¥1,662
million at the end of the previous fiscal year).
(Net assets)
Total net assets at the end of the three months ended June 30, 2023 decreased by ¥355 million to ¥20,037
million (¥20,392 million at the end of the previous fiscal year). This is mainly attributable to an increase of ¥237
million in retained earnings due to the recording of profit attributable to owners of parent, offset by a decrease of¥634 million in retained earnings due to dividends of surplus.

(3) Explanation of Forward-Looking Information, including Consolidated Earnings Forecasts
There is no revision to the earnings forecasts for the first half and full year announced in the “Consolidated
Financial Results for the Fiscal Year Ended March 31, 2023” dated May 15, 2023.

3

2. Quarterly Consolidated Financial Statements and Primary Notes(1) Quarterly Consolidated Balance Sheets(Million yen)
As of March 31, 2023
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Electronically recorded monetary claims - operating
Securities
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
Tools, furniture and fixtures, net
LandConstruction in progress
Total property, plant and equipment
Intangible assets
Other
Total intangible assets
Investments and other assets
Investment securities
Long-term loans receivable
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

4

As of June 30, 2023

6,572
3,110
1,387
1,000
201
1,741
1,521
193
(2)
15,724

6,285
2,953
1,429
1,000
307
1,704
1,466
152
(2)
15,295

3,598
2,013
226
2,713
1,173
9,724

3,748
1,944
247
2,719
1,059
9,719

85
85

145
145

279
10
382
46
(0)
718
10,52826,253

295
8
382
44
(0)
730
10,59525,891

(Million yen)
As of March 31, 2023
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term borrowings
Lease liabilities
Accounts payable - otherAccrued expenses
Income taxes payable
Provision for bonuses
Provision for bonuses for directors (and otherofficers)
Other
Total current liabilities
Non-current liabilities
Lease liabilities
Deferred tax liabilities
Provision for retirement benefits for directors (andother officers)
Retirement benefit liability
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets

5

As of June 30, 2023

2,013
33
16
586
667
132
209

1,884
34
16
709
427
103
360

39

-

498
4,197

651
4,187

38
10

35
12

2

2

1,610
0
1,662
5,860

1,615
0
1,665
5,853

164
1
19,821(107)
19,879164
119,423(107)
19,481

120
338
53
513
20,392
26,253

132
369
54
555
20,03725,891

(2) Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income(For the three months ended June 30)(Million yen)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Rental income
Foreign exchange gains
Subsidy income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Donations
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Total extraordinary income
Extraordinary losses
Loss on sale of non-current assets
Loss on retirement of non-current assets
Impairment losses
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent

6

For the three months
ended June 30, 2022
4,175
3,073
1,102
779
322

For the three months
ended June 30, 2023
4,107
2,983
1,124
833
290

1
3
6
30
3
0
47

2
4
6
20
5
4
43

4
–
0
4
365

0
1
0
2
331

–
–

0
0

–
18
1
19
346
105
241
–
241

0
0
–
0
330
93
237
–
237

Quarterly Consolidated Statements of Comprehensive Income(For the three months ended June 30)(Million yen)
For the three months
ended June 30, 2022
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests

7

For the three months
ended June 30, 2023
241

237

(16)
88
(2)
69
310

11
30
0
42
279

310

279

–

–

(3) Notes to Quarterly Consolidated Financial Statements(Notes on Going Concern Assumption)
There is no relevant information.
(Notes in the Event of Significant Changes in the Amount of Shareholders’ Equity)
There is no relevant information.
(Accounting Policies Adopted Specially for the Preparation of Quarterly Consolidated Financial Statements)
For the three months ended June 30, 2023
(From April 1, 2023 to June 30, 2023)(Calculation of tax expense)
The Company has adopted the method of calculating tax expenses based on a rational estimate of theeffective tax rate, determined after applying tax effect accounting on profit before income taxes for the
consolidated fiscal year including the three months ended June 30, 2023, and multiplying the quarterly
profit before income taxes with said estimate of the effective tax rate.

8