Note: This document has been translated from the Japanese original for reference purposes only. In the event ofany discrepancy between this translated document and the Japanese original, the original shall prevail.

August 9, 2024

Consolidated Financial Results
for the Three Months Ended June 30, 2024
(Under Japanese GAAP)
Company name:
YUASA TRADING CO., LTD.
Listing:
Tokyo Stock Exchange
Securities code:
8074
URL:
https://www.yuasa.co.jp/en/
Representative:
Hiroyuki Tamura, Representative Director, President & CEO
Inquiries:
Hideki Tani, General Manager Finance Dept.
Telephone:+81-3-6369-1366
Scheduled date to commence dividend payments:–
Preparation of supplementary material on financial results:
None
Holding of financial results briefing:
None(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the three months ended June 30, 2024 (from April 1, 2024 to June 30,2024)(1) Consolidated operating results (cumulative)
Net sales
Three months ended(Percentages indicate year-on-year changes.)

Operating profit

Millions of yen

Profit attributable toowners of parent

Ordinary profit%

Millions of yen%

Millions of yen%

Millions of yen%

June 30, 2024

113,687

2.7

1,671

13.2

2,008

17.6

1,294

(61.2)

June 30, 2023

110,721

1.3

1,477

3.6

1,707

2.3

3,334

222.3

Note: Comprehensive income

For the three months ended June 30, 2024:
For the three months ended June 30, 2023:

Basic earnings
per share
Three months ended¥1,724 million¥2,347 million[(26.6)%][159.1%]

Diluted earnings
per share
Yen

Yen

June 30, 2024

61.63

61.40

June 30, 2023

158.40157.71(2) Consolidated financial position
Total assets
As of

Net assets

Equity-to-asset ratio

Millions of yen

Millions of yen

June 30, 2024

269,674

102,066

37.6

March 31, 2024

290,989

102,409

35.0

Reference:

EquityAs of June 30, 2024:
As of March 31, 2024:¥101,517 million¥101,854 million%

2. Cash dividends
Annual dividends per shareFirst quarter-end
Fiscal year ended
March 31, 2024
Fiscal year ending
March 31, 2025

Second quarter-end

Third quarter-end

Yen

Yen

Yen

Fiscal year-end
Yen

Total
Yen

–

86.00

–

96.00

182.0072.00–

118.00190.00–Fiscal year ending
March 31, 2025
(Forecast)

Note: Revisions to the forecast of cash dividends most recently announced: None

3. Consolidated earnings forecasts for the fiscal year ending March 31, 2025 (from April 1, 2024 to March
31, 2025)(Percentages indicate year-on-year changes.)
Net sales
Millions of yen

Operating profit

Profit attributable toowners of parent

Ordinary profit% Millions of yen% Millions of yen% Millions of yen%

Basic earnings
per share
Yen

Six months ending
September 30, 2024

249,200

1.2

6,380

7.8

6,860

7.1

4,560

(29.8)

217.08Full year

542,400

3.0

17,00015.5

18,00014.4

12,0001.6

571.27

Note: Revisions to the earnings forecasts most recently announced: None

* Notes(1) Significant changes in the scope of consolidation during the period: None
(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements:
None(3) Changes in accounting policies, changes in accounting estimates, and restatement(i) Changes in accounting policies due to revisions to accounting standards and other regulations: Yes(ii) Changes in accounting policies due to other reasons: None(iii) Changes in accounting estimates: None(iv) Restatement: None
(4) Number of issued shares (common shares)(i)

Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2024

22,100,000 shares

As of March 31, 2024

22,100,000 shares(ii) Number of treasury shares at the end of the period
As of June 30, 2024

1,094,539 shares

As of March 31, 2024

1,094,305 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal
year)
Three months ended June 30, 2024

21,005,510 shares

Three months ended June 30, 2023

21,052,551 shares

Note: The shares of the Company held by the “Board Incentive Plan (BIP) Trust” are included in the number of treasury
shares at the end of the period (223,038 shares as of June 30, 2024 and 223,038 shares as of March 31, 2024).
Also, the shares of the Company held by the “Board Incentive Plan (BIP) Trust” are included in treasury sharesthat are deducted for calculation of the average number of shares outstanding during the period (cumulative fromthe beginning of the fiscal year) (223,038 shares for the three months ended June 30, 2024 and 171,096 shares forthe three months ended June 30, 2023).

* Review of the Japanese-language originals of the attached quarterly consolidated financial statements bycertified public accountants or an audit corporation: Yes (voluntary)* Proper use of earnings forecasts, and other special matters(Caution regarding forward-looking statements)
The forward-looking statements, including earnings forecasts, contained in this document are based on
information currently available to the Company and on certain assumptions deemed to be reasonable. Thesestatements do not purport that the Company pledges to realize such statements. Actual business and otherresults may differ substantially due to various factors. For the suppositions that form the assumptions forearnings forecasts and cautions concerning the use thereof, please refer to “1. Qualitative Information
Regarding Results for the First Three Months, (3) Explanation of consolidated earnings forecasts and otherforward-looking statements” on page 5 of the attached material.

Attached Materials
1.

Qualitative Information Regarding Results for the First Three Months ..................................................................... 2(1) Explanation of operating results.............................................................................................................................. 2(2) Explanation of financial position ............................................................................................................................ 5(3) Explanation of consolidated earnings forecasts and other forward-looking statements .......................................... 5

2.

Quarterly Consolidated Financial Statements and Significant Notes Thereto ............................................................ 6(1) Consolidated balance sheet ..................................................................................................................................... 6(2) Consolidated statement of income and consolidated statement of comprehensive income .................................... 8
Consolidated statement of income (cumulative) ..................................................................................................... 8
Consolidated statement of comprehensive income (cumulative) ............................................................................ 9(3) Notes to quarterly consolidated financial statements ............................................................................................ 10
Notes on going concern assumption...................................................................................................................... 10
Notes on significant changes in the amount of shareholders’ equity .................................................................... 10
Notes on changes in accounting policies............................................................................................................... 10
Notes to quarterly consolidated statement of cash flows ...................................................................................... 10
Notes on segment information, etc........................................................................................................................ 111

1. Qualitative Information Regarding Results for the First Three Months(1) Explanation of operating results
During the three months under review (April 1, 2024 to June 30, 2024), despite a decline in plant utilization
rates in some automobile-related industries, the Japanese economy was on a moderate recovery trend.
Meanwhile, the outlook remained uncertain due to such factors as an increase of geopolitical risks andincreasing costs caused by the depreciation of the yen. In addition, Japan is experiencing an ongoing decline
in its working-age population resulting from the low birthrate and aging population, and there are concernsthat restrictions on working hours under the Work-Style Reform Act and other factors will lead toconstruction delays, business downsizing and other impacts due to labor shortages, particularly in theconstruction and logistics industries.
In the industrial field, demand for capital investment has been steady in automobile-related industries,
particularly for EV products. In the housing and construction field, private demand for redevelopment
chiefly in urban areas remained firm, but new housing starts, mainly for detached housing, continued toremain weak.
In overseas countries, the economic expansion continued in the U.S., and the economies of Southeast Asian
countries such as Thailand, India, and Indonesia showed resilience. In China, on the other hand, movement
toward economic recovery came to a standstill.
Under these circumstances, the Group has started its second year of the medium-term management plan,“Growing Together 2026,” covering the three-year period from April 2023 to March 2026, which constitutes
the third and final stage of realizing the “Yuasa Vision 360,” our ideal state for the 360th anniversary of theCompany’s founding in 2026. We will promote business reforms based on “corporate culture reform,” “DX
promotion,” and “sustainability promotion,” with the aim of enhancing corporate value by developing
market-out businesses addressing both sales of products and sales of services in the fields of manufacturing,home building, environment building, and town building.
Under “corporate culture reform,” we are advancing the YUASA PRIDE Project (Work Satisfaction
Increasing & Regard for the Individual Project) to increase employee engagement and engage in developing
human resources capable of solving social issues through “TSUNAGU” innovation. Moreover, we arepromoting corporate cultural reform based on the key terms of “comprehensive strengths,” “challenges” and“communication.”
Under “DX promotion,” we will support business transformation by building a data utilization infrastructure,developing DX talent, reforming business processes, and creating innovation. In May 2024, the Company
was selected as a “Digital Transformation (DX) certified operator” based on the “DX Certification”
established by the Ministry of Economy, Trade and Industry.
Under “Sustainability promotion,” we aim to reduce the Group’s CO2 emissions by 30% by March 2026,
and accelerate the carbon neutral promotion business.
As part of the promotion of our growth strategy, we expanded sales of robots and automation equipment, andwe have introduced “Twin Pick,” an automated picking conveyor system designed to work in logistics
facilities’ limited space that we jointly developed and obtained a new model patent on, to the public at theCompany’s Kanto Logistics Center from May 2024.
For the overseas strategy, to reinforce the regional strategy, particularly in Thailand, we acquired shares ofthe HENKO Group, a machinery trading company operating in Southeast Asia, in April 2024, and will
strengthen plant equipment sales to locally capitalized companies in the ASEAN region. We have also
developed a structure to expand our overseas business, including initiatives for the “YUASA Grand Fair in
Thailand,” a comprehensive exhibition to be held in February 2025 under the theme of “Connecting(TSUNAGU) Japanese and Thai Cultures.”
In addition, we added a new female Outside Director at the Ordinary General Meeting of Shareholders heldin June 2024 to further promote diversity.
As a result, consolidated net sales for the three months under review increased 2.7% from the same period of
the previous year, to ¥113,687 million. In terms of profits, operating profit was ¥1,671 million (up 13.2%
year on year), ordinary profit was ¥2,008 million (up 17.6% year on year). Profit attributable to owners ofparent decreased 61.2% from the same period of the previous year, to ¥1,294 million, mainly due to theimpact of a gain on return of retirement benefit trust recorded last year.

2Results by reportable segment are as follows:<Industrial Equipment & Tools Division>
In the Industrial Equipment & Tools Division, sales of cutting tools were weak due to a decline in plantutilization rates in some automobile-related and semiconductor-related industries.
Under these circumstances, we focused on selling and proposing solar, storage battery and energy-saving
products in response to realizing carbon neutrality on which we have been working to solve issues at
production sites, as well as on building infrastructure equipment for automation proposals to realize smart
factories as measures against the issue of declining labor population and for environment improvement at
production sites, among others. As a result, net sales were ¥18,403 million (up 1.9% year on year).
<Machine Tools Division>
In the Machine Tools Division, in addition to automobile-related industries, especially in EVs, the number ofbusiness negotiations increased mainly in semiconductor device-, aircraft- and defense-related industries andthere were signs of recovery. However, the order environment remained difficult due to the prolonged period
needed for business negotiations. Overseas, demand for capital investment remained steady mainly in theSouth Asia region.
Under these circumstances, we promoted proposals on original products to the field of processing brittle
materials such as ceramics and glass, as well as automation and energy-saving proposals to the sheetmetal
fabrication and the measurement. At the same time, we also worked to propose solutions for overall plant
equipment ready for carbon neutrality. However, net sales were ¥21,428 million (down 13.6% year on year).
<Housing, Air & Fluidic Control Systems Division>
In the Housing, Air & Fluidic Control Systems Division, while demand for condominiums and remodelingremained firm, housing fixtures, pipes/joints products moved solidly. Additionally, sales of equipment
related to energy-saving air conditioning and sales of equipment in the renewable energy field, such as solar
power generation systems and storage batteries, were strong due to increasing demand focused on addressing
rising energy costs and carbon neutrality.
Under these circumstances, in response to the growing demand for energy-saving-related investments infactories and such in anticipation of soaring electricity expenses, and an increase in redevelopment projects
mainly in the Tokyo metropolitan area and major cities, sales of pipes/joints products for non-residential use
and high-efficiency equipment related to air conditioning have increased. In addition, sales of home air
conditioners were also strong due to the forecast of extremely hot weather. As a result, net sales were¥43,323 million (up 8.7% year on year).
<Building Supplies & Exterior Division>
In the Building Supplies & Exterior Division, sales of building hardware and exterior products centered on
fences remained strong due to an increase in redevelopment projects and condominium construction, mainlyin the Tokyo metropolitan area, as well as an increase in the construction of factories and logistics facilities.
Social infrastructure-related investment also demonstrated underlying strength, particularly for products forcountermeasures against natural disasters and traffic accidents.
Under these circumstances, we focused on package proposing for resilience products such as solutions forflood-control measures as countermeasures against torrential rain disasters and exterior products tocontribute to creating walkable towns, and focused on sales expansion of protective fences and impactresistant bollards as part of pedestrian protection measures, and fabrication hardware related to construction.
As a result, net sales were ¥12,827 million (up 8.7% year on year).
<Construction Machines Division>
In the Construction Machines Division, private capital investment remained steady, along with public works
projects such as infrastructure development and disaster prevention/mitigation works. On the other hand, we
continued to see soaring machines and material prices, the work-style reform in the construction industry,
and construction delays due to a shortage of construction skilled workers.

3

Under these circumstances, we expanded sales of CO2 visualization products for construction sites andstrengthened sales of solutions for safe construction at construction and agricultural sites and products
imported from overseas. At the same time, we promoted proposing disaster prevention, disaster mitigation,
and BCP-related products to government agencies. In addition, we strove to expand our used construction
and agricultural machines auction businesses, and enhanced container house manufacturing, andconstruction machines maintenance and rental functions, resulting in net sales of ¥7,848 million (up 16.8%
year on year).
<Energy Division>
In the Energy Division, amid a continued decline in demand for gasoline due to the spread of fuel-efficient
vehicles, the domestic market stabilized mainly due to the continuation of government fuel oil subsidies.
Under these circumstances, the gas station business, which operates mainly in the Tokai region, worked tostrengthen services such as car rental and car maintenance businesses, in addition to high value-added car
washing, automobile inspections, coatings, and others. In addition, although we made efforts to strengthen
sales of marine fuel in the Keihin area, net sales were ¥4,335 million (down 3.4% year on year).
<Others>
In Others, in the consumer goods business, while there was a slump in consumer spending, we focused on
proposing cooling auxiliary products such as electric fans and circulators mainly to e-commerce sites in
expectation of the impact of soaring electricity expenses and extremely hot weather. In the wood products
business, the sales volume decreased in the imported plywood business, affected by sluggish demand and thedepreciation of the yen. Meanwhile, we focused on developing and proposing wood products in nonresidential fields, and advanced development of new products and new markets by strengthening cooperation
among domestic group companies.
As a result, net sales were ¥5,520 million (up 10.8% year on year).

4(2) Explanation of financial position
As of June 30, 2024, total assets were ¥269,674 million, a decrease of ¥21,315 million from the end of theprevious fiscal year. This was primarily due to an increase in inventories of ¥2,284 million, despite decreases
in notes and accounts receivable - trade, and contract assets of ¥24,469 million and cash and deposits of¥2,851 million.
Total liabilities were ¥167,608 million, a decrease of ¥20,972 million from the end of the previous fiscal
year. This was primarily due to decreases in notes and accounts payable - trade of ¥15,354 million andelectronically recorded obligations - operating of ¥4,375 million.
Total net assets decreased by ¥342 million from the end of the previous fiscal year, to ¥102,066 million. Thiswas due to a decrease in retained earnings of ¥691 million, despite an increase in foreign currency translation
adjustment of ¥233 million.
As a result, the equity-to-asset ratio was 37.6% (35.0% at the end of the previous fiscal year).
(3) Explanation of consolidated earnings forecasts and other forward-looking statements
Regarding the consolidated earnings forecasts for the first six months of the fiscal year ending March 31,
2025 and the full business year, the earnings forecasts are unchanged from the announcement in the“Consolidated Financial Results for the Fiscal Year Ended March 31, 2024” dated May 10, 2024.
Furthermore, the earnings forecasts were created based on information which is currently available on the
day of the announcement, and the actual performance and results may differ from the forecast values andoutlook.

5

2. Quarterly Consolidated Financial Statements and Significant Notes Thereto(1) Consolidated balance sheet(Millions of yen)
As of March 31, 2024
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract
assetsElectronically recorded monetary claims - operating
Inventories
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Land
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

6

As of June 30, 2024

42,101

39,250118,642

94,17238,33819,5933,610(54)
222,231

39,324
21,8784,720(49)
199,296

39,195
5,524
44,71939,201
5,657
44,859

527
3,798
4,326

439
4,584
5,023

20,033(320)
19,712
68,758290,989

20,736(241)
20,49570,378269,674(Millions of yen)
As of March 31, 2024
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Income taxes payable
Provision for bonuses
Provision for bonuses for directors (and otherofficers)
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Provision for share awards
Provision for share awards for directors (and otherofficers)
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
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Share acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets

7

As of June 30, 2024

97,142
61,850
4,092
3,358
3,200

81,78857,475
4,092
254
1,531

91

–

10,207
179,943

13,709158,851

3,328
254

3,313
270

194

205

1,103
3,756
8,636
188,580

1,125
3,841
8,756
167,608

20,644
6,753
72,918(3,053)
97,262

20,644
6,753
72,227(3,055)96,570

3,655
18
870
46
4,591
145
409
102,409290,989

3,837
(20)
1,103
26
4,947
145
403
102,066
269,674(2) Consolidated statement of income and consolidated statement of comprehensive income
Consolidated statement of income (cumulative)(Millions of yen)Three months ended
June 30, 2023
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on liquidation of subsidiaries and associates
Gain on return of retirement benefit trust
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit (loss) attributable to non-controlling interests
Profit attributable to owners of parent

8

Three months ended
June 30, 2024

110,72199,078
11,642
10,165
1,477

113,687
101,170
12,517
10,845
1,671

378
92
91
563

412
107
119
640

264
68
332
1,707

283
20
303
2,008

1
21
3,255
3,278

0
–
–
0

0
0
4,986
1,654
3,332
(2)
3,334

0
0
2,008
696
1,311
17
1,294

Consolidated statement of comprehensive income (cumulative)(Millions of yen)Three months ended
June 30, 2023
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
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

9

Three months ended
June 30, 2024

3,332

1,311

1,076
136
86
(2,283)
(984)
2,347

233
(39)
237
(20)
412
1,724

2,350

1,702

(2)

21

(3) Notes to quarterly consolidated financial statements
Notes on going concern assumption
No item to report.
Notes on significant changes in the amount of shareholders’ equity
No item to report.
Notes on changes in accounting policies(Application of “Accounting Standard for Current Income Taxes,” etc.)
The Company has applied the “Accounting Standard for Current Income Taxes” (Accounting Standards
Board of Japan (ASBJ) Statement No. 27, October 28, 2022; the “Revised Accounting Standard of 2022”)
and other relevant ASBJ regulations from the beginning of the first quarter of the fiscal year ending March
31, 2025.
Previously, calculated amounts of corporate taxes, inhabitants taxes and enterprise taxes on earnings, etc.
(“current income taxes”) were recorded in profit or loss in accordance with laws and regulations. Moving
forward, current income taxes on earnings will be recorded in profit or loss, shareholders’ equity, or othercomprehensive income according to the transaction, etc. from which those taxes were incurred. Concerningcurrent income taxes recorded in accumulated other comprehensive income, when a transaction, etc., whichis the reason for said current income taxes to be applied, is recorded in profit or loss, the corresponding
amount of tax will be recorded in profit or loss. Additionally, if the transaction, etc. subject to taxation isrelated to shareholders’ equity or other comprehensive income in addition to profit or loss, and it is difficult
to calculate the amount of current income taxes to be applied to shareholders’ equity or other comprehensive
income, the amount of such taxes will be recorded in profit or loss.
Revisions to categories for recording current income taxes (taxation on other comprehensive income)conform to the transitional treatment in the proviso of paragraph 20-3 of the Revised Accounting Standard of2022, and the transitional treatment in the proviso of paragraph 65-2 (2) of the “Implementation Guidance on
Tax Effect Accounting” (ASBJ Guidance No. 28, October 28, 2022; the “Revised Implementation Guidanceof 2022”).
As a result, the beginning balance of “retained earnings” of the fiscal year ending March 31, 2025 increasedby ¥52 million, and the beginning balance of “valuation difference on available-for-sale securities” inaccumulated other comprehensive income of the fiscal year ending March 31, 2025 decreased by the sameamount.
Moreover, as for revisions related to the review of treatment in consolidated financial statements in the casewhere gain or loss on sales arising from sale of shares of subsidiaries, etc. between consolidated subsidiaries
is deferred (for tax purposes), the Company has applied the Revised Implementation Guidance of 2022 fromthe beginning of the first quarter of the fiscal year ending March 31, 2025. This change in the accounting
policy has been applied retrospectively, and for the first quarter of the previous fiscal year and the previous
fiscal year, the quarterly consolidated financial statements and the consolidated financial statements havereflected the retrospective application. This has no impact on the quarterly consolidated financial statements
for the first quarter of the previous fiscal year and the consolidated financial statements for the previous
fiscal year.
Notes to quarterly consolidated statement of cash flows
Quarterly consolidated statement of cash flows for the three months ended June 30, 2024 is not prepared.
Depreciation (including amortization related to intangible assets excluding goodwill) and amortization of
goodwill for the three months ended June 30, 2024 are as follows.

Depreciation
Amortization of goodwill

Three months ended
June 30, 2023
(from April 1, 2023
to June 30, 2023)
317
190

10

(Millions of yen)Three months ended
June 30, 2024
(from April 1, 2024
to June 30, 2024)
517
88Notes on segment information, etc.
Segment information
I.

Three months ended June 30, 2023 (from April 1, 2023 to June 30, 2023)
1. Information on the amount of net sales and profit/loss for each reportable segment(Millions of yen)
Reportable segments
Housing,
Air &Building
Construction
Fluidic Supplies &Machines
Control
Exterior
Systems

EnergyTotal

Others(Note 1)

Total

6,718

4,485

105,739

4,982

110,721–110,721

1,434

1,231

8

9,481

62

9,543

(9,543)–42,24913,240

7,949

4,494

115,220

5,044

120,264(9,543)

110,721

969

331

5

11

2,420

22

2,442

(965)

1,477

Industrial
Equipment& Tools

MachineTools

Net sales
Sales to externalcustomers
Intersegment sales
or transfers

18,06624,801

39,861

11,806

3,073

1,345

2,387

Total

21,14026,146

Segment profit

365

736

Notes:

Amount recorded in
the quarterly
Adjustment
consolidated(Note 2)statement of income(Note 3)

1. The classification “Others” is a segment of business not included in the reportable segments and includes businesses
selling lifestyle-related products and wood products.
2. The adjustment of the segment profit of negative ¥965 million represents mainly costs related to the administration
division of the Company that has not been attributed to a reportable segment.
3. Segment profit is adjusted to operating profit as recorded on the quarterly consolidated statement of income.

2. Information on impairment losses on non-current assets, goodwill, etc. for each reportable segment
No item to report.

II. Three months ended June 30, 2024 (from April 1, 2024 to June 30, 2024)
1. Information on the amount of net sales and profit/loss for each reportable segment(Millions of yen)
Reportable segments
Housing,
Air &Building
Construction
Fluidic Supplies &Machines
Control
Exterior
Systems

Total

Adjustment(Note 2)

Amount recorded in
the quarterly
consolidated
statement of income(Note 3)

EnergyTotal

Others(Note 1)

7,848

4,335

108,166

5,520

113,687–

113,687

1,271

1,202

10

9,329

135

9,465

(9,465)–45,725

14,098

9,051

4,345

117,496

5,656

123,153(9,465)

113,687

1,238

428

131

14

2,724

(0)

2,723

(1,051)

1,671

Industrial
Equipment& Tools

MachineTools

18,403

21,42843,323

12,827

3,347

1,096

2,401

Total

21,75022,525

Segment profit (loss)

461

449

Net sales
Sales to externalcustomers
Intersegment sales
or transfers

Notes:

1. The classification “Others” is a segment of business not included in the reportable segments and includes businesses
selling lifestyle-related products and wood products.
2. The adjustment of the segment profit (loss) of negative ¥1,051 million represents mainly costs related to theadministration division of the Company that has not been attributed to a reportable segment.
3. Segment profit (loss) is adjusted to operating profit as recorded on the quarterly consolidated statement of income.

2. Information on impairment losses on non-current assets, goodwill, etc. for each reportable segment
No item to report.
3. Matters related to changes in reportable segments
In the first quarter of the fiscal year ending March 31, 2025, YUASA TRADING (THAILAND) CO.,LTD., a consolidated subsidiary of the Company, acquired shares of YUASA ENGINEERING
SOLUTION (THAILAND) CO., LTD., a consolidated subsidiary of the Company, from the Company. In
conjunction with this, the Company has changed the method of classifying the business of YUASAENGINEERING SOLUTION (THAILAND) CO., LTD., which was previously included in the Housing,11

Air & Fluidic Control Systems segment, to include it in the Machine Tools segment. Segment information
for the three months ended June 30, 2023 has been prepared based on the segments after the change.

12