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

August 5, 2024

Consolidated Financial Results
for the Three-Month Period Ended June 30, 2024
(under Japanese GAAP)
Company name:Security code:
Representative:
Contact:

Oricon Inc.
4800
Koh Koike, President and Representative Director
Kosaku Yamaguchi, General Manager of IR
Tel: +81-(0)3-3405-5252
Scheduled date to commence payment of dividends:
Preparation of supplementary briefing materials on financial results:
Holding of financial results briefing:

Listing: Tokyo Stock Exchange
URL: https://www.oricon.jp/–
Yes
Yes (for institutional investors andsecurities analysts)(Amounts less than a million yen are rounded down to the nearest million yen.)

1.

Consolidated financial results for the three-month period ended June 30, 2024
(April 1, 2024–June 30, 2024)(1) Results of operations
Net sales
Three-month period ended
June 30, 2024
June 30, 2023
Note: Comprehensive income(Percentages are shown as year-on-year changes.)
Net income attributable
Ordinary profit
to owners of the parent

Operating profit

Million yen%

Million yen%

Million yen%

Million yen

%

294
238

23.4
(8.4)

1,168
4.9
302
(8.2)
347
(6.5)
1,114
(5.2)
329
(19.8)
371(7.1)
Three-month period ended June 30, 2024:
244 million yen (down 7.8%)
Three-month period ended June 30, 2023:
265 million yen (up 0.0%)
Basic earnings
per share

Three-month period ended
June 30, 2024
June 30, 2023

Diluted earnings
per share
Yen

Yen

22.67
17.95

–
–

(2) Financial position
Total assets
Net assets
Million yen
Million yen
As ofJune 30, 2024
5,805
5,050
March 31, 2024
6,027
5,187
Reference: Equity (Shareholders’ equity + Accumulated other comprehensive income)As of June 30, 2024:
5,050 million yen
As of March 31, 2024:
5,187 million yen

2.

Net assets per share
%

Yen

87.0
86.1

388.66399.22

Dividends
Annual dividends per share
Q2-endQ3-endYear-end

Q1-endYen

Fiscal year ended March 31, 2024–
Fiscal year ending March 31, 2025–
Fiscal year ending March 31, 2025 (forecasted)
Note: Revisions to the dividends forecast most recently announced: None3.

Equity ratio

Total

Yen

Yen

Yen

Yen

0.00

–

29.00

29.00

0.00

–

36.00

36.00

Forecast of consolidated financial results for the fiscal year ending March 31, 2025
(April 1, 2024–March 31, 2025)
Net sales
Million yen

Operating profit%

Million yen(Percentages are shown as year-on-year changes.)
Net income
Basic earnings per
attributable toshareowners of the parent

Ordinary profit

Million yen%

Yen

Full year
5,200
8.3
1,720
10.5
1,710
7.6
1,170
Note: Revisions to the forecast of consolidated financial results most recently announced: None%

Million yen

%

10.9

90.04

* Notes(1) Significant changes in scope of consolidation during the period: None
Newly consolidated: –Excluded from consolidation: –(2) Application of accounting treatments specific to the preparation of quarterly consolidated financial statements: None
(3) Changes in accounting policies and accounting estimates, and restatements
1)
2)
3)
4)

Changes in accounting policies due to revisions in accounting standards, etc.: Yes
Changes in accounting policies other than those in 1) above: None
Changes in accounting estimates: None
Restatements: None

(4) Number of shares issued (ordinary shares)
1)

Number of shares issued (including treasury shares):
As of June 30, 2024
As of March 31, 2024

2)

Number of treasury shares:
As of June 30, 2024
As of March 31, 2024

3)

15,123,200 shares
15,123,200 shares
2,129,525 shares
2,129,478 shares

Average number of shares outstanding during the period:
Three-month period ended June 30, 2024
Three-month period ended June 30, 2023

12,993,699 shares
13,293,522 shares

The number of treasury shares as of June 30, 2024, includes 179,800 shares of the Company held by the Board Benefit Trust and
Employee Benefit Trust.
* Review of the Japanese-language originals of the attached quarterly consolidated financial statements by certified public accountants
or an audit firm: None
* Explanation of appropriate use of earnings forecasts and other special notes
The forward-looking statements, including the earnings forecasts, contained in this report are based on information currently
available to us and certain assumptions that we believe to be reasonable. Accordingly, please be advised that we do not guarantee theachievement of the forecasts, and the actual results may differ significantly from the forecasts due to a variety of factors.
- Note (1) includes information on significant changes in scope of consolidation (changes in scope of consolidation of specified
subsidiaries).
- The Company has not submitted a Quarterly Securities Report in accordance with the revised Financial Instruments and ExchangeAct.

Oricon Inc. (4800) Consolidated Financial Results for the Three-Month Period Ended June 30, 2024

Contents of Attachments
1. Quarterly Consolidated Financial Statements and Major Notes

P. 2(1) Quarterly Consolidated Balance Sheet

P. 2(2) Quarterly Consolidated Statements of Income and Comprehensive Income

P. 4

Quarterly Consolidated Statement of Income
For the Three-month period

P. 4

Quarterly Consolidated Statement of Comprehensive Income
For the Three-month period

P. 5(3) Notes to Quarterly Consolidated Financial Statements

P. 6

Changes in Accounting Policies

P. 6

Segment Information

P. 6

Quarterly Consolidated Statements of Cash Flows

P. 7

Revenue Recognition

P. 8

1

Oricon Inc. (4800) Consolidated Financial Results for the Three-Month Period Ended June 30, 2024

1.

Quarterly Consolidated Financial Statements and Major Notes(1) Quarterly Consolidated Balance Sheet
Previous fiscal year
(As of March 31, 2024)(Thousands of yen)
Current quarter(As of June 30, 2024)

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable–trade, and contract assets

3,693,903

3,478,673

612,357

556,131

Merchandise and finished goods

4,927

4,333

Income taxes refund receivable

87,36387,363

Other

193,355

212,630

Allowance for doubtful accounts(1,779)(1,793)4,590,129

4,337,339

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

58,294

57,169Tools, furniture and fixtures, net

81,355

131,422

Land

1,973

1,973

141,623

190,565

Total property, plant and equipment
Intangible assets
Goodwill

8,636

7,272

Software141,877

140,866

Other

16,482

3,209

Total intangible assets

166,997

151,348

Investment securities

642,566

648,682

Deferred tax assets

17,086

5,150

Other

476,172

479,055

Allowance for doubtful accounts(6,603)(6,603)

Total investments and other assets

1,129,222

1,126,285

1,437,843

1,468,198

6,027,972

5,805,538

9,476

9,426

Short-term borrowings

100,000

100,000

Income taxes payable

200,817

117,770

Other

506,490504,340

Total current liabilities

816,783

731,538

Provision for share-based payments

23,84523,845

Total non-current liabilities

23,84523,845

840,629755,383

Investments and other assets

Total non-current assets
Total assets
Liabilities
Current liabilities
Notes and accounts payable–tradeNon-current liabilities

Total liabilities

2Oricon Inc. (4800) Consolidated Financial Results for the Three-Month Period Ended June 30, 2024

Previous fiscal year
(As of March 31, 2024)(Thousands of yen)
Current quarter(As of June 30, 2024)

Net assets
Shareholders’ equity
Share capital

1,092,450

1,092,450

Capital surplus

57,96057,960Retained earnings

5,302,344

5,214,908

Treasury shares(1,387,917)(1,387,959)

Total shareholders’ equity

5,064,837

4,977,360

Valuation difference on available-for-sale securities

122,506

72,794

Total accumulated other comprehensive income

122,506

72,794

5,187,343

5,050,154

6,027,972

5,805,538

Accumulated other comprehensive income

Total net assets
Total liabilities and net assets

3Oricon Inc. (4800) Consolidated Financial Results for the Three-Month Period Ended June 30, 2024

(2) Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statement of Income
For the Three-month period
Three-month period ended
June 30, 2023
1,114,342

Net sales(Thousands of yen)Three-month period ended
June 30, 2024
1,168,389

Cost of sales

356,507395,405

Gross profit

757,835

772,984

Selling, general and administrative expenses

428,755

470,942

Operating profit

329,079

302,042

5,173

11,207

Non-operating income
Interest income
Dividend income

1,132

1,404

Foreign exchange gains

45,87039,968899

55

53,07652,635

Other
Total non-operating income
Non-operating expenses
Interest expenses

162

179

Share related expenses

2,934

3,479

Commission expenses
Share of loss of entities accounted for using the equity
method
Other

2,425

3,579

5,112

–

1

17

Total non-operating expenses

10,637

7,254

371,519

347,423

Gain on sale of investment securities–

94,176

Total extraordinary income–

94,176064

Net income before income taxes

0371,519

441,535

Income taxes–current

89,070113,062

Income taxes–deferred

43,81033,876

Total income taxes

132,881

146,938

Net income

238,637

294,596

Net income attributable to owners of the parent

238,637

294,596

Ordinary profit
Extraordinary income

Extraordinary losses
Loss on retirement of non-current assets
Total extraordinary losses

464Oricon Inc. (4800) Consolidated Financial Results for the Three-Month Period Ended June 30, 2024

Quarterly Consolidated Statement of Comprehensive Income
For the Three-month period
Three-month period ended
June 30, 2023
238,637(Thousands of yen)Three-month period ended
June 30, 2024
294,596

Valuation difference on available-for-sale securities

27,037(49,712)

Total other comprehensive income

27,037(49,712)265,675

244,884

265,675

244,884––

Net income
Other comprehensive income

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

5Oricon Inc. (4800) Consolidated Financial Results for the Three-Month Period Ended June 30, 2024

(3) Notes to Quarterly Consolidated Financial Statements
Changes in Accounting Policies[Application of “Accounting Standard for Current Income Taxes, etc.”]
The Company has applied the “Accounting Standard for Current Income Taxes, etc.” (ASBJ Statement No. 27
issued on October 28, 2022; hereinafter “Revised Accounting Standard 2022”) since the beginning of the threemonth period ended June 30, 2024.
Revisions concerning the categories in which current income taxes should be recorded (taxes on othercomprehensive income) are subject to the transitional treatment set forth in the proviso of paragraph 20-3 of the
Revised Accounting Standard 2022 and the transitional treatment set forth in the proviso of paragraph 65-2 (2) of
the “Guidance on Accounting Standard for Tax Effect Accounting” (ASBJ Guidance No. 28 issued on October 28,
2022; hereinafter “Revised Guidance 2022”). These changes in the accounting policies had no impact on thequarterly consolidated financial statements for the current quarter.
With regard to the revisions related to changes in the accounting treatment for consolidated financial statements
when gains/losses on sale of shares, etc. of subsidiaries between consolidated subsidiaries are deferred for tax
purposes, the Company has also applied the Revised Guidance 2022 since the beginning of the three-month period
ended June 30, 2024. This change in the accounting policies was applied retrospectively, and the quarterly
consolidated financial statements and consolidated financial statements for the first quarter of the previous fiscal
year and the entire previous fiscal year are those after retroactive application. The change in the accounting policies
had no impact on the quarterly consolidated financial statements for the current quarter.
Segment InformationI.

For the three-month period ended June 30, 2023

1.

Disclosure of net sales and profit (loss) for each reportable segment(Thousands of yen)Communication
Business

Net sales
Sales to externalcustomers
Intersegment sales ortransfers
Total
Segment profit

2.

Reportable segments
Data Providing
Mobile BusinessBusiness

Subtotal

Total

858,725

166,212

89,405

1,114,342

1,114,342

21,000––21,00021,000879,725

166,212

89,405

1,135,342

1,135,342

533,416

61,66230,718625,797625,797

Reconciliation of total segment profit of reportable segments with operating profit on the quarterly
consolidated statement of income(Thousands of yen)AmountProfitTotal segment profit of reportable segments

625,797

Amortization of goodwill(1,363)

Corporate expenses (Note)(295,354)

Operating profit on the quarterly consolidated statement of income

329,079

Note: Corporate expenses are mainly general and administrative expenses that are not attributable to any reportable segment s.

6Oricon Inc. (4800) Consolidated Financial Results for the Three-Month Period Ended June 30, 2024

II. For the three-month period ended June 30, 2024
1.

Disclosure of net sales and profit or loss for each reportable segment(Thousands of yen)Communication
Business

Net sales
Sales to externalcustomers
Intersegment sales ortransfers
Total
Segment profit

2.

Reportable segments
Data Providing
Mobile BusinessBusiness

Total

Subtotal

924,520

167,134

76,735

1,168,389

1,168,389

21,000––21,00021,000945,520

167,134

76,735

1,189,389

1,189,389

535,581

59,425

19,152

614,158

614,158

Reconciliation of total segment profit of reportable segments with operating profit on the quarterly
consolidated statement of income(Thousands of yen)AmountProfitTotal segment profit of reportable segments

614,158

Amortization of goodwill(1,363)

Corporate expenses (Note)(310,753)

Operating profit on the quarterly consolidated statement of income

302,042

Note: Corporate expenses are mainly general and administrative expenses that are not attributable to any reportable segments.

Quarterly Consolidated Statements of Cash Flows
The Company has not prepared quarterly consolidated statements of cash flows for the three-month period ended
June 30, 2024. Depreciation, including amortization of intangible assets except for goodwill, and amortization of
goodwill for the three-month period ended June 30 are as follows:

Depreciation
Amortization of goodwill

7

Three-month period ended
June 30, 2023
21,480(Thousands of yen)Three-month period ended
June 30, 2024
29,908

1,363

1,363

Oricon Inc. (4800) Consolidated Financial Results for the Three-Month Period Ended June 30, 2024

Revenue Recognition
Disaggregation of revenue from contracts with customers
I.

For the three-month period ended June 30, 2023
(Thousands of yen)Communication
Business

Customer Satisfaction
Research
News & Media

Reportable segments
Data Providing
Mobile BusinessBusiness

474,923

Total

Subtotal––

474,923474,923

383,802––383,802383,802

Data Providing–

166,212–

166,212

166,212

Mobile Content Services
Revenue from contracts
with customers
Other revenue
Sales to externalcustomers––

89,40589,40589,405

858,725

166,212

89,405

1,114,342

1,114,342

–

–

–

–

–

858,725

166,212

89,405

1,114,342

1,114,342

II.

For the three-month period ended June 30, 2024
(Thousands of yen)Communication
Business

Customer Satisfaction
Research
News & Media552,396

Reportable segments
Data Providing
Mobile BusinessBusiness

Total

Subtotal––

552,396552,396372,123––

372,123

372,123

Data Providing–

167,134–

167,134

167,134

Mobile Content Services
Revenue from contracts
with customers
Other revenue
Sales to externalcustomers––

76,73576,73576,735924,520

167,134

76,735

1,168,389

1,168,389

–

–

–

–

–

924,520

167,134

76,735

1,168,389

1,168,389

8