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.

Non-consolidated Financial Results
for the Nine Months Ended December 31, 2023
[Japanese GAAP]
February 13, 2024
Company name: AVAL DATA CORPORATION
Stock exchange listing: Tokyo
Code number: 6918
URL: https://www.avaldata.co.jp/
Representative: Kikuchi Yutaka
Representative Director and President
Contact: Kumazawa Yoichi
Director General Manager, General Affairs Department
Phone: +81-42-732-1000
Scheduled date of filing quarterly securities report: February 14, 2024
Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: No(Amounts of less than one million yen are rounded down.)
1. Non-consolidated Financial Results for the Nine Months Ended December 31, 2023 (April 1, 2023 to December 31, 2023)(1) Non-consolidated Operating Results(% indicates changes from the previous corresponding period.)
Net sales
Nine months ended
December 31, 2023
December 31, 2022

Operating profit

Millions of yen

9,567
10,823% Millions of yen(11.6)
46.1

Basic earnings
per share
Nine months ended
December 31, 2023
December 31, 2022

Ordinary profit% Millions of yen

1,656
1,727

(4.1)
11.9

1,772
1,805

Net income% Millions of yen

(1.8)
11.8

Diluted earnings pershare
Yen

Yen

790.53606.04-(2) Non-consolidated Financial Position
Total assets
Millions of yen
As ofDecember 31, 2023
26,451March 31, 2023
27,951(Reference) Equity: As of December 31, 2023:
As of March 31, 2023:

Net assets

Capital adequacy ratio

Millions of yen¥¥

21,70420,87421,704 million
20,874 million

%

82.1
74.7

4,867
3,728%

30.5
217.4

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2023

-

46.00

-

199.00245.00Fiscal year ending March 31, 2024

-

51.00

266.00317.00Year-end

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

TotalNo

3. Non-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.)
Basic earnings
Net sales
Operating profit
Ordinary profit
Net incomeper share
Millions of yen% Millions of yen% Millions of yen

Full year
13,000(9.7)
2,620
9.3(Note) Revision to the financial results forecast announced most recently:

2,710
No% Millions of yen

8.6

5,558%Yen

30.1

902.71* Notes:(1) Accounting policies adopted specially for the preparation of quarterly Non-consolidated financial statements:(2) 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(3) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):December 31, 2023:
7,417,842 shares
March 31, 2023:
7,417,842 shares
2) Number of treasury shares at the end of the period:
December 31, 2023:
1,259,453 shares
March 31, 2023:
1,262,591 shares
3) Average number of shares outstanding during the period:
Nine months ended December 31, 2023:
Nine months ended December 31, 2022:

6,157,007 shares
6,152,909 sharesNoQuarterly Non-consolidated Financial Statements
Quarterly Non-consolidated Balance Sheets(Thousands of yen)
As of March 31, 2023
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract
assetsElectronically recorded monetary claims operating
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Total current assets
Non-current assets
Property, plant and equipment
LandOther, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Shares of subsidiaries and associates
Prepaid pension costs
Other
Total investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Notes and accounts payable - trade
Income taxes payable
Provision for bonusesProvision for bonuses for directors (and otherofficers)
Other
Total current liabilities
Non-current liabilities
Deferred tax liabilities
Provision for retirement benefits for directors (andother officers)
Total non-current liabilities
Total liabilities

1

As of December 31, 2023

8,993,105

9,199,530

2,499,078

2,223,733

266,131303,862

654,529
479,524
4,833,024
57,98017,783,372

846,777
564,938
5,786,539
114,687
19,040,070

1,144,307
781,931
1,926,239
41,015

1,151,856
1,486,664
2,638,520
39,1918,144,205
0
23,97532,4908,200,671
10,167,926
27,951,299

4,656,001
25,50020,41332,257
4,734,173
7,411,885
26,451,955

2,664,367
1,619,676
319,870

2,144,368
1,062,339
174,789

66,60055,950348,317
5,018,830

279,5813,717,029

2,055,425

1,027,710

2,230

2,230

2,057,655
7,076,486

1,029,940
4,746,970

(Thousands of yen)
As of March 31, 2023
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Valuation and translation adjustments
Valuation difference on available-for-salesecurities
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets

2

As of December 31, 2023

2,354,094
2,545,970
11,678,777(907,618)
15,671,224

2,354,094
2,558,299
15,007,099(905,748)
19,013,745

5,203,588

2,691,239

5,203,588
20,874,812
27,951,299

2,691,239
21,704,985
26,451,955

Quarterly Non-consolidated Statements of Income
Quarterly Non-consolidated Statements of Income (For the nine months)(Thousands of yen)
For the nine months
ended December 31, 2022
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Rental income
Subsidy income
OtherTotal non-operating income
Non-operating expenses
Foreign exchange losses
Commission expenses
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of investment securities
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Total extraordinary losses
Profit before income taxes
Income taxes - currentIncome taxes - deferred
Total income taxes
Profit3

For the nine months
ended December 31, 2023

10,823,613
7,777,459
3,046,153
1,318,767
1,727,385

9,567,281
6,451,756
3,115,524
1,458,671
1,656,853

66
74,088
494
1,074
2,270
77,992

111
110,429
360
2,966
1,603
115,47113
73
86
1,805,292

131
73
204
1,772,120

3,494,708
3,494,708

5,154,548
5,154,548005,300,000
1,565,876
5,184
1,571,061
3,728,939

77
77
6,926,591
1,979,153
80,1392,059,292
4,867,298