July 12, 2024

Consolidated Financial Results for the Fiscal Year Ended May 31, 2024
(Under Japanese GAAP)
Company name:Toyo Denki Seizo K.K.
Listing:
Tokyo Stock Exchange
Securities code:
6505
URL:
https://www.toyodenki.co.jp
Representative:
Akira Watanabe, President, Representative Director
Inquiries:
Jun Nukina, Executive Officer, General Manager, Corporate Planning Division
Telephone.:+81-3-5202-8122
Scheduled date of annual general meeting of shareholders:August 28, 2024
Scheduled date to commence dividend payments:
August 29, 2024
Scheduled date to file annual securities report:
August 29, 2024
Preparation of supplementary material on financial results:
Yes
Holding of financial results briefing:
Yes(Yen amounts are rounded down to millions, unless otherwise noted.)1.

Consolidated financial results for the fiscal year ended May 31, 2024 (from June 1, 2023 to
May 31, 2024)(1) Consolidated operating results(Percentage figures show year-on-year increase or decrease.)
Net sales
Fiscal year ended

Millions of yen

Operating profit% Millions of yen

Profit attributable toowners of parent

Ordinary profit% Millions of yen% Millions of yen%

May 31, 2024

32,140

3.6

927

79.2

1,487

50.7

935

13.4

May 31, 2023

31,025

2.9

517

201.1

987

28.8

824

-

Note: Comprehensive income

For the fiscal year ended May 31, 2024: ¥1,580 million [(33.4)%]
For the fiscal year ended May 31, 2023: ¥2,373 million [-%]

Basic earnings per
Diluted earnings
Ratio of ordinary
Ratio of operating
Return on equity
share
per share
profit to total assets profit to net sales
Fiscal year ended
Yen
Yen
%
%
%
May 31, 2024
99.53
3.7
2.9
2.9
May 31, 2023
91.85
3.5
2.0
1.7
Reference: Share of profit (loss) of entities accounted for using equity method
For the fiscal year ended May 31, 2024: ¥263 million
For the fiscal year ended May 31, 2023: ¥221 million(2) Consolidated financial position
As of
May 31, 2024
May 31, 2023
Reference: Equity

Total assets
Net assets
Millions of yen
Millions of yen
51,652
26,07049,682
24,582As of May 31, 2024: ¥26,070 million
As of May 31, 2023: ¥24,582 million

Equity-to-asset ratio
%
50.5
49.5

Net assets per shareYen
2,794.72
2,605.99(3) Consolidated cash flows
Fiscal year ended
May 31, 2024
May 31, 2023

Cash flows from operating Cash flows from investing Cash flows from financing Cash and cash equivalents
activities
activities
activities
at end of period
Millions of yen
Millions of yen
Millions of yen
Millions of yen
1,846
(413)
(979)
6,423
815
635
(390)
5,520

2.

Cash dividends
Annual dividends per share
First
SecondThird
quarter-end quarter-end quarter-end

Total

Ratio of
Payout ratio dividends(Consolidat to net assets
ed)(Consolidat
ed)

Yen

Yen

Yen

Yen

Yen

Millions of
yen

%

%

-

0.00

-

30.00

30.00

282

32.7

1.2

-

0.00

-

30.00

30.00

279

30.1

1.1

-

0.00

-

40.00

40.00

Fiscal year ended May
31, 2023
Fiscal year ended May
May 31, 2024
Fiscal year ending May
31, 2025 (forecast)3.

Fiscalyear-end

Total cash
dividends(Total)31.1

Consolidated financial results forecast for the fiscal year ending May 31, 2025 (from June
1, 2024 to May 31, 2025)(Percentages indicate year-on-year changes.)
Net sales

Six months ending
November 30, 2024
Fiscal year ending
May 31, 2025

Operating profit

Profit attributable toowners of parent

Ordinary profit

Basic earnings per
share

Millionsof yen%Millionsof yen%Millionsof yen%Millionsof yen%Yen

17,000

14.7

320

71.0

570

2.4

370

16.1

39.66

37,000

15.1

1,300

40.1

1,700

14.3

1,200

28.3

128.64

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in a change in thescope of consolidation):
None
Newly included: - companies (Company name)
Excluded:- companies (Company name)(2) Changes in accounting policies, changes in accounting estimates, and restatement(i) Changes in accounting policies due to revisions to accounting standards and other regulations: None(ii) Changes in accounting policies due to other reasons: None(iii) Changes in accounting estimates: None(iv) Restatement: None
(3) Number of issued shares (common shares)(i) Total number of issued shares at the end of the period (including treasury shares)
As of May 31, 2024
As of May 31, 2023

9,735,000 shares
9,735,000 shares(ii) Number of treasury shares at the end of the period
May 31, 2024
May 31, 2023

406,671 shares
301,843 shares(iii) Average number of shares for the period
Fiscal year ended May 31, 2024
Fiscal year ended May 31, 2023

9,399,256 shares
8,977,971 shares(Reference) Overview of non-consolidated financial results
1. Non-Consolidated Business Results for the fiscal year ended May 31, 2024 (from June 1, 2023 to May 31,2024)(1) Non-consolidated operating results

Fiscal year ended
May 31, 2024
May 31, 2023

Net sales
Millions of yen
26,715
26,811

Operating profit% Millions of yen
(0.4)
233
3.8
(66)

Basic earnings per share
Fiscal year ended
May 31, 2024
May 31, 2023

Yen
70.91
61.44

(Percentage figures show year-on-year increase or decrease.)
Ordinary profit
Profit% Millions of yen% Millions of yen
%
741
66.8
666
20.8
444
29.6
551
-

Diluted earnings per
share
Yen
-

(2) Non-consolidated financial position
As of
May 31, 2024
May 31, 2023
Reference: Equity
May 31, 2024
May 31, 2023

Total assets
Millions of yen
45,83445,542

Net assets
Millions of yen
20,246
19,710Equity-to-asset ratio
%
44.2
43.3

Net assets per shareYen
2,170.42
2,089.45¥20,246 million¥19,710 million* The Summary of Consolidated Business Results is not subject to auditing by a certified public accountant or audit
firm.
* Proper use of earnings forecasts, and other special matters
The above forecasts are based on information available as of the date of publication of this document, and actual results
may differ from the forecasts due to various factors in the future. Please refer to “(4) Outlook” in “1. Overview ofbusiness results, etc.” on page 3 for details relating to performance forecasts (available in Japanese only).
* This document has been translated from a part of the Japanese original for reference purposes only. In the event ofany discrepancy between this translated document and the Japanese original, the original shall prevail.

Toyo Denki Seizo K.K. (6505) Consolidated financial results for the fiscal year ended May 31, 2024

3. Consolidated Financial Statements(1) Consolidated Balance Sheets(Millions of yen)
As of May 31, 2023

As of May 31, 2024

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract assets
Electronically recorded monetary claims - operating
Merchandise and finished goods
Work in process
Raw materials and supplies
Advance payments to suppliers
Accounts receivable-other
Other
Allowance for doubtful accounts

5,520
13,236
1,116
376
3,106
2,836
22
162
370
(10)

6,423
11,756
1,849
466
3,692
3,388
13
116
280
(25)

26,73827,9609,952(6,340)9,987(6,614)

Buildings and structures, net

3,611

3,372

Machinery, equipment and vehicles
Accumulated depreciation

8,208(7,860)8,341(8,038)

Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation

Machinery, equipment and vehicles, net
LandConstruction in progress
Other
Accumulated depreciation
Other, net

348

303

1,269
11
5,138
(4,678)

1,269
135
5,250
(4,776)

459

474

5,701

5,555

Intangible assets
Software
Software in progress
Other

63
13

84
29
13

Total intangible assets

77

127

Investments and other assets
Investment securities
Deferred tax assets
Other
Allowance for doubtful accounts

14,288
108
2,775
(7)

15,0093,001(2)

Total investments and other assets

17,16518,00822,943

23,691

49,68251,652

Total property, plant and equipment

Total non-current assets
Total assets

Toyo Denki Seizo K.K. (6505) Consolidated financial results for the fiscal year ended May 31, 2024
(Millions of yen)
As of May 31, 2023

As of May 31, 2024

Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Accrued expenses
Income taxes payable
Accrued consumption taxes
Contract liabilities
Deposits received
Provision for bonuses for directors (and other officers)
Provision for bonuses
Provision for loss on orders received
Provision for product warranties
Other

2,060
4,768
885
589
128
94
84
189
39
673
989
70
127

2,292
4,684
4,585
809
309
158
129
160
54
737
777
156
386

10,69915,24010,288
30
4,075
4

6,003
11
164
4,151
11

14,39910,341

Total liabilities

25,09925,582

Net assets
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Treasury shares

4,998
3,177
11,347
(486)

4,998
3,177
12,299(596)

19,036

19,878

Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans

5,370
202
(26)

5,696
485
9

Total accumulated other comprehensive income

5,546

6,191

24,582

26,07049,68251,652

Total current liabilities
Non-current liabilities
Long-term borrowings
Long-term accounts payable - other
Deferred tax liabilities
Retirement benefit liability
Other
Total non-current liabilities

Total shareholders’ equity

Total net assets
Total liabilities and net assets

Toyo Denki Seizo K.K. (6505) Consolidated financial results for the fiscal year ended May 31, 2024

(2) Consolidated Statement of Income and Consolidated Statement of Comprehensive Income
Consolidated Statements of Income
Fiscal year ended
May 31, 2023
(June 1, 2022 to May 31,
2023)(Millions of yen)
Fiscal year ended
May 31, 2024
(June 1, 2023 to May 31,
2024)

Net sales
Cost of sales

31,02523,82832,14023,968Gross profit

7,197

8,171

Selling, general and administrative expenses

6,679

7,243

Operating profit

517

927

Non-operating income
Interest income
Dividend income
Share of profit of entities accounted for using equity method
Foreign exchange gains
Miscellaneous income

1
190
221
104
33

5
204
263
125
46

550

646

52
3
25

48
3
34

Total non-operating income
Non-operating expenses
Interest expenses
Commission expenses
Miscellaneous losses
Total non-operating expenses

81

86

Ordinary profit

987

1,487

Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities

150
530

337

681

337

513
-

346
83

513

429

Total extraordinary income
Extraordinary losses
Business structural reform expenses
Compensation expenses
Total extraordinary losses
Profit before income taxes

1,155

1,395

Income taxes - current
Income taxes - deferred

205
124

396
63

Total income taxes

330

460

Profit824

935

Profit attributable to owners of parent

824

935

Toyo Denki Seizo K.K. (6505) Consolidated financial results for the fiscal year ended May 31, 2024
Consolidated Statement of Comprehensive Income
Fiscal year ended
May 31, 2023
(June 1, 2022 to May 31,
2023)(Millions of yen)
Fiscal year ended
May 31, 2024
(June 1, 2023, to May 31,
2024)

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of entities accounted for using
equity method
Total other comprehensive income

824

935

1,456
35

325
212
35

57

70

1,549

645

Comprehensive income

2,373

1,580

Comprehensive income attributable to:
Owners of parent
Non-controlling interests

2,373
-

1,580
-

Toyo Denki Seizo K.K. (6505) Consolidated financial results for the fiscal year ended May 31, 2024

(3) Consolidated Statement of Changes in Equity
For the fiscal year ended May 31, 2023 (from June 1, 2022 to May 31, 2023)(Millions of yen)
Shareholders’ equity

Share capital

Balance at beginningof period

Capitalsurplus

Accumulated other comprehensive income

Retainedearnings

TreasurysharesTotalshareholders’equityValuationdifference on
available-forsale securities

Total
Foreign
Total net
Remeasureme accumulated
currency
assetsnts of definedothertranslation
benefit plans comprehensive
adjustment
income

4,998

3,177

11,122(1,282)18,016

3,913

144

(61)

3,996

22,012

Dividends ofsurplus

-

-

(268)

-

(268)

-

-

-

-

(268)

Profit attributable toowners of parent

-

-

824

-

824

-

-

-

-

824

Purchase of treasury
shares

-

-

-

(0)

(0)

-

-

-

-

(0)

Disposal of treasury
shares

-

(331)

-

796

464

-

-

-

-

464

Transfer of loss on
disposal of treasury
shares

-

331

(331)

-

-

-

-

-

-

-

-

-

-

-

-

1,456

57

35

1,549

1,549

-

-

225

795

1,020

1,456

57

35

1,549

2,569

4,998

3,177

11,347(486)

19,036

5,370

202

(26)

5,546

24,582

Changes during period

Net changes in
items other thanshareholders’ equity
Total changes during
periodBalance at end of
periodFor the fiscal year ended May 31, 2024 (from June 1, 2023 to May 31, 2024)(Millions of yen)
Shareholders’ equity
Share
capitalBalance at beginningof period

Capitalsurplus

Accumulated other comprehensive income

Retainedearnings

TreasurysharesTotalshareholders’equityValuationdifference on
available-forsale securities

Foreigncurrencytranslation
adjustment

Total
Remeasurem
Total netaccumulated
ents ofassetsotherdefinedcomprehensive
benefit plansincome

4,998

3,177

11,347(486)

19,036

5,370

202

(26)

5,546

24,582

Dividends ofsurplus

-

-

(282)

-

(282)

-

-

-

-

(282)

Profit attributableto owners of parent

-

-

935

-

935

-

-

-

-

935

Purchase oftreasury shares

-

-

-

(110)

(110)

-

-

-

-

(110)

Change in scope of
consolidation

-

-

299

-

299

-

-

-

-

299

-

-

-

-

-

325

283

35

645

645

-

-

952

(110)

842

325

283

35

645

1,487

4,998

3,177

12,299(596)

19,878

5,696

485

9

6,191

26,070Changes during
periodNet changes in
items other thanshareholders’equityTotal changes during
periodBalance at end of
periodToyo Denki Seizo K.K. (6505) Consolidated financial results for the fiscal year ended May 31, 2024

(4) Consolidated Statement of Cash Flows
Fiscal year ended
May 31, 2023
(June 1, 2022 to May 31,
2023)
Cash flows from operating activities
Profit before income taxes
Depreciation
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for bonuses
Increase (decrease) in retirement benefit liability
Interest and dividend income
Interest expenses
Share of loss (profit) of entities accounted for using equity method
Loss (gain) on sale of property, plant and equipment
Loss (gain) on sale of investment securities
Business structural reform expenses
Compensation expenses
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in trade payables
Increase (decrease) in provision for loss on orders received
Increase (decrease) in provision for product warranties
Increase (decrease) in contract liabilities
Increase (decrease) in accrued expenses
Increase (decrease) in accrued consumption taxes
Other(Millions of yen)
Fiscal year ended
May 31, 2024
(June 1, 2023 to May 31,
2024)

1,155
840
9
(26)
(22)
(191)
52
(221)
(150)
(530)
513
(1,125)
(51)
1,012
25
63
36
(98)
11
(205)

1,395
760
10
63
94
(210)
48
(263)
(337)
346
83
921
(1,022)
25
(212)
85
30
219
63
(269)

Subtotal

1,097

1,833

Interest and dividends received
Interest paid
Income taxes refund (paid)
Cash flows from operating activities

201
(53)
(429)
815

260
(55)
(192)
1,846

(324)
266
(17)
(14)
818
(92)

(312)
0
(82)
(480)
530
(12)
(56)

635

(413)

Cash flows from investing activities
Purchases of property, plant and equipment
Proceeds from sale of property, plant and equipment
Purchase of intangible assets
Purchases of investment securities
Proceeds from sale of investment securities
Payments for investments in capital of subsidiaries and associates
Other
Cash flows from investing activities

Toyo Denki Seizo K.K. (6505) Consolidated financial results for the fiscal year ended May 31, 2024

Fiscal year ended
May 31, 2023
(June 1, 2022 to May 31,
2023)(Millions of yen)
Fiscal year ended
May 31, 2024
(June 1, 2023 to May 31,
2024)

Cash flows from financing activities
Proceeds from long-term borrowings
Repayments of long-term borrowings
Purchase of treasury shares

(585)

300
(885)

Proceeds from disposal of treasury shares
Dividends paid
Other

(0)
464

(110)
-

(267)
(2)

(281)
(3)

Cash flows from financing activities

(390)

(979)

Effect of exchange rate change on cash and cash equivalents

1038

Net increase (decrease) in cash and cash equivalents

1,070

491

Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents resulting from inclusion ofsubsidiaries in consolidation
Cash and cash equivalents at end of period

4,449

5,520

-

411

5,520

6,423

Toyo Denki Seizo K.K. (6505) Consolidated financial results for the fiscal year ended May 31, 2024

(5) Notes on Consolidated Financial Statements(Notes on Going Concern Assumption)
Not applicable(Change in Scope of Consolidation)
Toyo Denki (Beijing) Co., Ltd. and Changzhou Yangdian Zhanyun Transport Equipment Co., Ltd., which were nonconsolidated subsidiaries until the previous fiscal year, are included in the scope of consolidation from the fiscal year
under review due to their increased importance.
(Segment Information, etc.)[Segment Information]

1

Outline of reporting segments

The reporting segments of the Group are components for which discrete financial information is available and whose
operating results are regularly reviewed by the Board of Directors to make decisions about resource allocation and toassess performance.
The Group establishes business units by product and each business unit designs domestic and overseas comprehensive
strategies for its products and develops business activities. Accordingly, the Group consists of three reporting segments
by product based on the business units, which are the “Transportation Business,” “Industry Business,” and “ICT Solution
Business.”<Details of Each Segment>Transportation Business
Manufacturing, sales and related construction for electrical equipment used in rail vehicles, alternative rail vehicles,
and special-purpose vehicles, as well as electric storage systems for railway applications, etc.

Industry Business
Manufacturing, sales and related construction for systems for industrial production and processing facilities,
automobile testing systems, power generation and source systems, water supply and sanitation equipment systems,
electrical equipment used in automobiles, etc.



ICT Solution Business
Manufacturing, sales and related construction services for station operating equipment systems, remote monitoring
systems and information systems equipment, etc.

2

Basis for calculating net sales, profit (loss), assets and liabilities, and other items by reporting segment

The accounting process method for reporting segments is equivalent to the method described in “Notes on importantmatters for the preparation of consolidated financial statements.”
Segment profit is evaluated based on operating profit. Inter-segment sales and transfers are recorded at the same prices
used in transactions with third parties.

Toyo Denki Seizo K.K. (6505) Consolidated financial results for the fiscal year ended May 31, 2024

3

Information regarding net sales, profit (loss), assets and liabilities, and other items by reporting segment

For the fiscal year ended May 31, 2023 (from June 1, 2022 to May 31, 2023)
Reporting segments
Transportation
Business

Industry
Business

Other(Note)ICT
Solution
Business

Total(Millions of yen)Amountrecorded on
Adjustment
consolidated
Amountstatements
of incomeNet sales
Net sales to external
19,857
9,905
1,256
6
31,02531,025
customers
Inter-segment sales and
33
1
299
334
(334)
transfers
Total
19,890
9,906
1,256
306
31,359(334)
31,025
Segment profit (loss)
2,259
479
413
(14)
3,137
(2,619)517
Segment assets
15,395
11,579835
427
28,237
21,444
49,682Other items
Depreciation
416
337
18
2
775
64
840
Increase in property,
plant and equipment
168
68
3
1
242
67
310
and intangible assets(Note) ‘Other’ is a business segment that is not included in reporting segments, and includes the worker dispatching business.

For the fiscal year ended May 31, 2024 (from June 1, 2023 to May 31, 2024)(Millions of yen)
Reporting segments

Net sales
Net sales to externalcustomers
Inter-segment sales andtransfers
Total
Segment profit (loss)
Segment assets
Other items
Depreciation
Increase in property,
plant and equipment
and intangible assets

Other(Note)ICT
Solution
Business

Total

Adjustment
AmountAmountrecorded on
consolidated
statements
of incomeTransportation
Business

Industry
Business

20,737

10,2571,139

532,140-32,140

168

10

-

310

489

(489)

-

20,906
2,387
16,407

10,268
1,030
11,252

1,139
314
1,185

315
(2)
426

32,6293,729
29,271(489)(2,802)
22,38032,140927
51,652

416

244

16

2

679

81

760

234

132

8

-

374

267

642

(Note) ‘Other’ is a business segment that is not included in reporting segments, and includes the worker dispatchingbusiness.

Toyo Denki Seizo K.K. (6505) Consolidated financial results for the fiscal year ended May 31, 2024

4 Description of nature and amounts of differences between reporting segment total and consolidated financial
statements(Millions of yen)
Net sales
Reporting segment total
Net sales under the Other category
Inter-segment elimination
Net sales in consolidated financial statements

Fiscal year ended May 31,
2023
31,053306(334)
31,025

Fiscal year ended May 31,
2024
32,314315(489)
32,140Fiscal year ended May 31,
2023
3,152
(14)
(0)
(2,619)517

Fiscal year ended May 31,
2024
3,732
(2)
(0)
(2,801)
927(Millions of yen)
ProfitReporting segment total
Profit under the Other category
Inter-segment elimination
Companywide expenses
Operating profit in consolidated financial statements(Note) Companywide expenses are primarily selling expenses and general and administrative expenses not belonging
to any reporting segment.
(Millions of yen)
Fiscal year ended May 31,
2023
27,810427(574)
22,01949,682

AssetsReporting segment total
Assets under the ‘Other’ category
Inter-segment elimination
Companywide assets
Total assets in consolidated financial statements

Fiscal year ended May 31,
2024
28,845426(559)
22,94051,652(Note) Companywide assets are primarily assets managed by the head office and not belonging to any reporting segment.
(Millions of yen)

Other items

Reporting segment
total

Amount recorded on
consolidated
statements of income

Adjustment
AmountOther

FYE May2023

FYE May2024

FYE May2023

FYE May2024

FYE May2023

FYE May2024

FYE May2023

FYE May2024

Depreciation

772

677

2

2

64

81

840

760

Increase in property,
plant and equipment
and intangible assets

240

374

1

-

67

267

310

642

Toyo Denki Seizo K.K. (6505) Consolidated financial results for the fiscal year ended May 31, 2024

(Per Share Information)

Net assets per share
Basic earnings per share(Note) 1.
2.

Fiscal year ended May
31, 2023(June 1, 2022 to May
31, 2023)

Fiscal year ended May
31, 2024(June 1, 2023 to May
31, 2024)

2,605.99 yen

2,794.72 yen

91.85 yen

99.53 yen

Diluted earnings per share in the fiscal year under review are not shown because there are no potentiallydiluted shares.
The basis for calculating basic earnings per share is as follows.

Item
Profit attributable to owners of parent (millions of yen)

Fiscal year ended May
31, 2023(June 1, 2022 to May
31, 2023)

Fiscal year ended May
31, 2024(June 1, 2023 to May
31, 2024)

824

935

-

-

Profit attributable to owners of parent related to common shares (millionsof yen)824

935

Average number of common shares outstanding during the year (1,000
shares)

8,977

9,399

Amount not attributable to common shareholders (millions of yen)

(Significant Subsequent Events)
Not applicableToyo Denki Seizo K.K. (6505) Consolidated financial results for the fiscal year ended May 31, 2024

4. Other(1) Status of Production, Orders, and Sales(i) Production status
Business segment

Fiscal year ended May 31, 2023
(June 1, 2022 to May 31, 2023)
Amount(Millions of yen)

Fiscal year ended May 31, 2024
(June 1, 2023 to May 31, 2024)

Share
(%)

Amount(Millions of yen)

Share
(%)

Transportation Business

19,45463.4

20,80863.2

Industry Business

9,645

31.4

10,93433.2

ICT Solution Business

1,569

5.1

1,180

3.6

Other

-

-

-

-

Total

30,669100.0

32,923100.0(Note) Amounts are based on sales prices.
(ii) Status of orders received
Business segment

Fiscal year ended May 31, 2023
(June 1, 2022 to May 31, 2023)
Orders received(Millions of yen)

Fiscal year ended May 31, 2024
(June 1, 2023 to May 31, 2024)

Order backlog(Millions of yen)Orders received(Millions of yen)Order backlog(Millions of yen)Transportation Business

20,963

21,91530,712

31,890Industry Business

10,855

7,150

12,083

8,976

ICT Solution Business

1,421

429

1,217

508

Other

6

-

5

-

Total

33,24629,49644,01941,375(Note) Amounts are based on sales prices.
(iii) Sales status
Business segment

Fiscal year ended May 31, 2023
(June 1, 2022 to May 31, 2023)
Amount(Millions of yen)

Fiscal year ended May 31, 2024
(June 1, 2023 to May 31, 2024)

Share
(%)

Amount(Millions of yen)

Share
(%)

Transportation Business

19,85764.0

20,73764.5

Industry Business

9,905

31.9

10,257

31.9

ICT Solution Business

1,256

4.1

1,139

3.5

Other

6

0.0

5

0.0

Total

31,025100.0

32,140100.0(2) Personnel changes of directors and audit & supervisory board members
Please refer to “Notice Concerning Change of Officers” released today.