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 Six Months Ended June 30, 2024
(Based on Japanese GAAP)
August 9, 2024
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 OperationsKUMANO Eisuke
SUETSUGU Takahide

Officer
Scheduled date to file Semi-annual Securities Report:

TEL075(277)0378

August 13, 2024

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

Holding of financial results meeting:No(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the six months ended June 30, 2024 (from January 1, 2024 to June 30, 2024)(1) Consolidated operating results (cumulative)
Net sales
Six months ended June 30, 2024
Six months ended June 30, 2023

Millions of yen
2,306
2,196

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
owners of parent% Millions of yen% Millions of yen% Millions of yen%
5.0
186
3.8
241
18.3
214
49.3
(7.4)
179 (33.3)
204 (33.8)
143 (36.2)

Earnings per share

Diluted earnings per share

Yen
12.22
8.19

Six months ended June 30, 2024
Six months ended June 30, 2023

Yen––(2) Consolidated financial position
Total assets
As of June 30, 2024
As of December 31, 2023

Net assetsMillions of yen
6,660
6,175

Equity ratio

Millions of yen
2,435
2,266%
36.6
36.6

2. Cash dividends
Annual dividends per share

Year ended December 31, 2023
Year ending December 31, 2024

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
0.00
0.00

Yen–

Yen
4.00

Yen
4.00

–

4.00

4.00

Year ending December 31, 2024 (Forecast)Total

3. Forecast of consolidated financial results for the year ending December 31, 2024 (from January 1, 2024 to December 31, 2024)
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
4,809
6.0
540
14.6
599
12.8
371
20.4
21.16

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4. Notes(1) Significant changes in the scope of consolidation during the six months ended June 30, 2024:(2) Application of special accounting methods for preparing interim consolidated financial statements:

NoNo(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:
Changes in accounting policies due to other reasons:

NoNo

Changes in accounting estimates:
Restatement of prior period financial statements:

NoNo(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, 2024

17,556,360 shares As of December 31, 2023

17,556,360 shares

Number of treasury shares at the end of the period
As of June 30, 2024

3,890 shares As of December 31, 2023

3,890 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Six months ended June 30, 2024

17,552,470 shares Six months ended June 30, 2023

217,551,756 shares

Interim consolidated financial statements
Consolidated balance sheets(Thousands of yen)
As of December 31, 2023

As of June 30, 2024

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade2,829,579
708,362

2,775,772
650,217

Merchandise and finished goods
Work in process

26,764
27,11730,450145,829

Raw materials and supplies
Other

8,893
237,687

9,585
286,387

3,838,404

3,898,242

Buildings and structures, net
Machinery, equipment and vehicles, net

365,194
324,673582,201
392,776

Land
Other, net

752,187
279,597752,187
253,417

1,721,652

1,980,583

88,413527,237

81,446700,038

2,337,303

2,762,068

6,175,708

6,660,310

Total current assets
Non-current assets
Property, plant and equipment

Total property, plant and equipment
Intangible assets
Investments and other assets
Total non-current assets
Total assets3(Thousands of yen)
As of December 31, 2023

As of June 30, 2024

Liabilities
Current liabilities
Notes and accounts payable - trade260,842

248,116

Current portion of long-term borrowings
Income taxes payable

266,756
151,146

286,748
132,637

Provision for bonuses
Asset retirement obligations

85,675
4,310

113,103–

Other

867,214

1,088,678

1,635,945

1,869,284

Long-term borrowings
Retirement benefit liability

1,807,055
358,739

1,855,355
377,570

Asset retirement obligations
Other

97,342
10,420110,819
12,234

Total non-current liabilities

2,273,557

2,355,980

3,909,503

4,225,264

Shareholders' equity
Share capital

483,560

483,560

Capital surplus
Retained earnings

253,3231,480,808

253,323
1,625,073

(482)

(482)

2,217,210

2,361,475

Foreign currency translation adjustment

42,95973,571

Total accumulated other comprehensive income

42,95973,571

Total current liabilities
Non-current liabilities

Total liabilities
Net assets

Treasury shares
Total shareholders' equity
Accumulated other comprehensive income

Share acquisition rights
Total net assets
Total liabilities and net assets

46,034–

2,266,204

2,435,046

6,175,708

6,660,310

Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Thousands of yen)Six months ended
June 30, 2023

Six months ended
June 30, 2024

Net sales

2,196,548

2,306,052

Cost of sales

1,188,835

1,220,640

Gross profit

1,007,712

1,085,412

Selling, general and administrative expenses

827,723

898,498

Operating profit

179,989

186,913

57

66

Share of profit of entities accounted for using equity
method18,62334,066

Foreign exchange gains
Other

8,513
9,442

23,323
11,244

Total non-operating income

36,636

68,7008,384

12,880

2,391
1,482

–
941

Non-operating income
Interest income

Non-operating expenses
Interest expenses
Share acquisition rights issuance costs
Other
Total non-operating expenses

12,25813,822

204,367

241,792

Gain on sale of non-current assets–

813

Total extraordinary income–

813

Loss on sale and retirement of non-current assets

2,205

26

Total extraordinary losses

2,205

26

Profit before income taxes

202,162

242,579

Income taxes - current

93,975

127,871

Income taxes - deferred(35,513)(99,767)

Total income taxes

58,462

28,104

Profit143,700

214,475

Profit attributable to owners of parent

143,700

214,475

Ordinary profit
Extraordinary income

Extraordinary losses

5Consolidated statements of comprehensive income (cumulative)(Thousands of yen)Six months ended
June 30, 2023
ProfitOther comprehensive income
Foreign currency translation adjustment

Six months ended
June 30, 2024

143,700

214,475

2,123

15,869

Share of other comprehensive income of entities
accounted for using equity method(11,270)

14,742

Total other comprehensive income(9,146)30,611

134,553

245,086

134,553

245,086

Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent

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