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 Nine Months Ended January 31, 2023
(Based on Japanese GAAP)
March 10, 2023
Company name:

HEROZ, Inc.

Stock exchange listing: Tokyo
Stock code:
4382
Representative:
Inquiries:

URL

https://www.heroz.co.jp

Representative Director and Co-CEO
Executive Officer and CFO

Takahiro Hayashi
Hiroya Mori

Scheduled date to file Quarterly Securities Report:
Scheduled date to commence dividend payments:

March 13, 2023–

Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:

Yes
Yes

TEL

03(6435)2495(for institutional investors and analysts)(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the nine months ended January 31, 2023 (from May 1, 2022 to January 31, 2023)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changesProfit attributable
Net sales
EBITDA
Operating profit
Ordinary profit
to owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Nine months ended January 31, 2023
1,879–352
–
195
–161
–(518)–
Nine months ended January 31, 2022––––––––––※EBITDA = Operating Profit + Depreciation +Amortization of Lease Deposits + Amortization of Goodwill
Earnings per share

Diluted earnings per share

Yen(34.53)–

Nine months ended January 31, 2023
Nine months ended January 31, 2022

Yen––(2) Consolidated financial position
Total assets
As of January 31, 2023
As of April 30, 2022

Net assets

Millions of yen
8,612–

Equity ratio

Millions of yen
6,106
–%
68.5
–

2. Cash dividends
Annual dividends per share

Year ended April 30, 2022
Year ending April 30, 2023

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
0.00
0.00

Yen––

Yen
0.00

Yen
0.00

0.00

0.00

Year ending April 30, 2023 (Forecast)Total

3. Forecast of consolidated financial results for the year ending April 30, 2023 (from May 1, 2022 to April 30, 2023)
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
2,900
–250
–200–(590)–(39.26)

1

4. Notes(1) Changes in significant subsidiaries during the nine months ended January 31, 2023
(changes in specified subsidiaries resulting in the change in scope of consolidation):(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

Yes
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:
Yes
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

NoNo

Restatement of prior period financial statements:

No(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of January 31, 2023

15,027,382 shares As of April 30, 2022

15,025,582 shares

Number of treasury shares at the end of the period
As of January 31, 2023

77 shares As of April 30, 2022

– sharesAverage number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended January 31, 2023

15,026,471 shares Nine months ended January 31, 2022

215,025,582 shares