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.

Consolidated Financial Results
for the Three Months Ended June 30, 2024
[Japanese GAAP]
August 9, 2024
Company name:
Meito Sangyo Co., Ltd.
Listing:
Tokyo, Nagoya
Securities code:
2207
URL:
https://www.meito-sangyo.co.jp
Representative:
Masuo Mitsuya,Representative Director and President
Inquiries:
Masanao Kurimoto,Manager of Accounting Department
Telephone:+81-52-521-7111
Scheduled date to commence dividend payments: Preparation of supplementary material on financial results: None
Holding of financial results briefing:
None(Yen amounts are rounded down to millions, unless otherwise noted.)
1. Consolidated Financial Results for the Three Months Ended June 30, 2024 (April 1, 2024 to June 30, 2024)(1) Consolidated Operating Results(Percentages indicate year-on-year changes.)
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%Three months ended
June 30, 2024
6,031
12.2
322
1,001
82.9
958
157.8
June 30, 2023
5,375
7.7(175)547(14.8)
371
0.6(Note) Comprehensive income:Three months ended June 30, 2024:¥3,167 million [16.9%]
Three months ended June 30, 2023:¥2,710 million [383.9%]
Basic earnings
per share
Three months ended
June 30, 2024
June 30, 2023

Diluted earnings pershare
Yen

Yen

56.66
21.99

-(2) Consolidated Financial Position
Total assets
As ofJune 30, 2024
March 31, 2024
(Reference) Equity:

As of June 30, 2024:
As of March 31, 2024:

Net assets

Capital adequacy ratio

Millions of yen

Millions of yen%

82,96081,72653,98251,06853,982 million
51,068 million

65.1
62.5

¥
¥

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2024

-

13.00

-

15.00

28.00

Fiscal year ending March 31, 2025

17.00

-

16.00

33.00

Fiscal year ending March 31, 2025
(Forecast)(Note) Revision to the forecast for dividends announced most recently:

Year-end

Total

Yes3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2025(April 1, 2024 to March 31, 2025)(Percentages indicate year-on-year changes.)
Profit attributable to Basic earnings perNet sales
Operating profit
Ordinary profit
owners of parent
shareMillions ofyen%Millions ofyen

Full year
28,000
14.8
800
244.7
(Note) Revision to the financial results forecast announced most recently:

2,000
None%

Millions ofyen* Notes:(1) Significant changes in the scope of consolidation during the period:
Newly included:(Company name:
Excluded:(Company name:%Millions ofyen

39.8

4,000%-Yen236.45None))(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements:(3) Changes in accounting policies, changes in accounting estimates, and restatement
1) Changes in accounting policies due to revisions to accounting standards and other regulations:
2) Changes in accounting policies due to other reasons: None
3) Changes in accounting estimates: None
4) Restatement: None

NoneNone(4) Number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
June 30, 2024:
17,277,683 shares
March 31, 2024:
17,277,683 shares
2) Number of treasury shares at the end of the period:
June 30, 2024:
361,112 shares
March 31, 2024:
360,874 shares
3) Average number of shares outstanding during the period:
Three months ended June 30, 2024:
Three months ended June 30, 2023:

16,916,638 shares
16,904,769 shares* Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public
accountants or an audit firm: None
* Proper use of earnings forecasts, and other special matters[Disclaimer regarding forward-looking statements and other information]
Forward-looking statements, such as business forecasts, included in this document are based on management’s estimates, assumptions,and projections at the time of publication. These statements do not represent a promise or commitment by the Company to achieve
those forecasts. Actual operating results may differ significantly due to various factors.