Note: This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy
between the Japanese original and this English translation, the Japanese original shall prevail.

Consolidated Financial Results
for the Three Months Ended June 30, 2023
[Japanese GAAP]
August 8, 2023
Company name:
Meito Sangyo Co., Ltd.
Stock exchange listing: Tokyo, Nagoya
Code number:
2207
URL:
https://www.meito-sangyo.co.jp
Representative:
Masuo Mitsuya,Representative Director and President
Contact:
Masanao Kurimoto,Manager of Accounting DepartmentPhone:+81-52-521-7111
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: No
Schedule of quarterly financial results briefing session:
No(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(% indicates changes from the previous corresponding period.)
Profit attributable toNet salesOperating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Three months ended
June 30, 2023
5,375
7.7(175)547(14.8)
371
0.6
June 30, 2022
4,991
8.0
101
(5.0)
642
1.5
369
(2.5)
(Note) Comprehensive income:Three months ended June 30, 2023:¥
2,710 million [383.9%]
Three months ended June 30, 2022:¥
560 million [-%]
Basic earnings
per share
Three months ended
June 30, 2023
June 30, 2022

Diluted earnings pershare
YenYen21.9921.87-(2) Consolidated Financial Position
Total assets
As ofJune 30, 2023
March 31, 2023
(Reference) Equity:

As of June 30, 2023:
As of March 31, 2023:

Net assets

Capital adequacy ratio

Millions of yen

Millions of yen%

74,56970,27647,12844,637
47,128 million
44,637 million

63.2
63.5

¥
¥

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2023

-13.00

-

13.00

26.00

Fiscal year ending March 31, 2024

13.00

-

13.00

26.00

Fiscal year ending March 31, 2024
(Forecast)(Note) Revision to the forecast for dividends announced most recently:

Year-endTotalNo

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 to Basic earnings per
Net sales
Operating profit
Ordinary profit
owners of parent
shareMillions ofyen%Millions ofyen

Full year
23,3002.5100
5.2(Note) Revision to the financial results forecast announced most recently:

1,200No%Millions ofyen* 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):
New(Company name:Exclusion:(Company name:%

Millions ofyen%

Yen

5.9

800

14.1

47.33

No

(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: No
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(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:
17,265,000 shares
March 31, 2023:
17,265,000 shares
2) Number of treasury shares at the end of the period:
June 30, 2023:
360,236 shares
March 31, 2023:
360,230 shares
3) Average number of shares outstanding during the period:
Three months ended June 30, 2023:
Three months ended June 30, 2022:

16,904,769 shares
16,893,723 shares))
No