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.

[Delayed]Summary of Consolidated Financial Results
for the Six Months Ended June 30, 2023
(Based on Japanese GAAP)
August 9, 2023
Company name:AMITA HOLDINGS CO., LTD.

Stock exchange listing: Tokyo
Stock code:
2195
Representative:
Inquiries:

URL

https://www.amita-hd.co.jp/

Chairman and Chief Visionary Officer
President and Chief Integrated Operations

KUMANO Eisuke
SUETSUGU Takahide

Officer
Scheduled date to file Quarterly Securities Report:

TEL

075-277-0378

August 10, 2023

Scheduled date to commence dividend payments:
Preparation of supplementary material on quarterly financial results:–Yes

Holding of quarterly financial results meeting:No(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the six months ended June 30, 2023 (from January 1, 2023 to June 30, 2023)(1) Consolidated operating results (cumulative)
Net sales
Six months ended June 30, 2023
Six months ended June 30, 2022

Millions of yen
2,196
2,370

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
owners of parent% Millions of yen% Millions of yen% Millions of yen%(7.4)
179 (33.3)
204 (33.8)
143 (36.2)
–
269
0.9
308
(3.6)
225
3.7

Earnings per share

Diluted earnings per share

Yen
8.19
12.84

Six months ended June 30, 2023
Six months ended June 30, 2022

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

Net assets

Millions of yen
5,333
4,824

Equity ratio

Millions of yen
2,088
2,001

%
39.0
41.4

2. Cash dividends
Annual dividends per share

Year ended December 31, 2022
Year ending December 31, 2023

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
0.00
0.00

Yen–

Yen
3.00

Yen
3.00

–

4.00

4.00

Year ending December 31, 2023 (Forecast)Total

3. Forecast of consolidated financial results for the year ending December 31, 2023 (from January 1, 2023 to December 31, 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
5,283
9.5774
27.0
887
24.0
620
16.6
35.37

1

4. Notes(1) Changes in significant subsidiaries during the six months ended June 30, 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:

YesNo(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:No
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

No
No

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 June 30, 2023

17,556,360 shares As of December 31, 2022

17,551,360 sharesNumber of treasury shares at the end of the period
As of June 30, 2023

3,890 shares As of December 31, 2022

3,890 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Six months ended June 30, 2023

17,551,756 shares Six months ended June 30, 2022

2

17,537,595 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Thousands of yen)
As of December 31, 2022

As of June 30, 2023

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade

1,779,633744,972

2,224,083
647,364

Merchandise and finished goods
Work in process

32,98918,49830,78021,828Raw materials and supplies
Other

10,844
182,759

9,881
126,669

Allowance for doubtful accounts
Total current assets

(70)

–

2,769,627

3,060,608

391,446

377,116

320,266
752,187

377,044752,187

Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
Land
Other, net
Total property, plant and equipment

83,042

176,372

1,546,942

1,682,720

Intangible assets

36,96675,453

Investments and other assets

470,743

515,106

2,054,652

2,273,279

4,824,280

5,333,888

Total non-current assets
Total assets3

(Thousands of yen)
As of December 31, 2022

As of June 30, 2023

Liabilities
Current liabilities
Notes and accounts payable - trade293,290

266,583

Current portion of long-term borrowings
Income taxes payable

170,000
101,504

205,067
87,251

Provision for bonuses
Other76,848627,363

85,164
647,045

Total current liabilities

1,269,005

1,291,111

Non-current liabilities
Long-term borrowings

1,082,562

1,475,433

Retirement benefit liability
Asset retirement obligations

349,349
100,681

361,851
101,130

Other

21,63015,6891,554,224

1,954,104

2,823,230

3,245,215

Share capital
Capital surplus

480,680
250,443

483,560
253,323

Retained earnings
Treasury shares

1,225,139(482)

1,316,163(482)

Total shareholders' equity

1,955,781

2,052,565

39,21930,072

39,21930,072

6,049

6,034

2,001,050

2,088,672

4,824,280

5,333,888

Total non-current liabilities
Total liabilities
Net assets
Shareholders' equityAccumulated other comprehensive income
Foreign currency translation adjustment
Total accumulated other comprehensive income
Share acquisition rights
Total net assets
Total liabilities and net assets

4Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Thousands of yen)Six months ended

Six months ended

June 30, 2022

June 30, 2023

Net sales
Cost of sales

2,370,881
1,360,105

2,196,548
1,188,835

Gross profit

1,010,775

1,007,712

Selling, general and administrative expenses

740,829

827,723

Operating profit

269,946

179,9895457

36,12018,623

7,308

8,513

Non-operating income
Interest income
Share of profit of entities accounted for using equity
methodForeign exchange gains
Other

6,758

9,442

Total non-operating income

50,24036,636

Interest expenses
Share acquisition rights issuance costs

8,477
–

8,384
2,391

Loss on cancellation of leases
Other

2,245
616

–
1,482

Total non-operating expenses

11,33912,258308,847

204,367

Loss on sale and retirement of non-current assets–2,205

Total extraordinary losses–2,205

Profit before income taxes

308,847

202,162

Income taxes - current

14,071

93,975

Income taxes - deferred

69,533(35,513)

Total income taxes

83,60458,462

Profit225,243

143,700

Profit attributable to owners of parent

225,243

143,700

Non-operating expenses

Ordinary profit
Extraordinary losses

5Consolidated statements of comprehensive income (cumulative)(Thousands of yen)

ProfitOther comprehensive income
Foreign currency translation adjustment
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 ofparent

6

Six months ended

Six months ended

June 30, 2022

June 30, 2023
225,243

143,700

4,440

2,123

15,564(11,270)

20,005(9,146)245,249

134,553245,249

134,553