Consolidated Financial Results for the 1st Quarter of Fiscal Year Ending March 31, 2025
(J-GAAP)
August 5, 2024
Company name: T.RAD Co., Ltd.
Listing: Tokyo Stock Exchange, Prime Market
Code No.:
7236
URL: http://www.trad.co.jp
Representative: Tomio Miyazaki, President & CEO & COO
Kaoru Kinoshita, Managing Executive Officer,
Contact:
Tel:+81-3-3373-1101
Finance & Accounting Dept.
―
Scheduled date of start of dividend payments:
Supplemental materials prepared for consolidated financial results: None
Briefing on consolidated financial results: None
(Amounts less than one million yen have been truncated)

1. Consolidated Financial Performance for the 1st Quarter of Fiscal Year Ending March 31, 2025
(April 1, 2024 to June 30, 2024)(1) Consolidated operating performance(Percentage figures indicate year-on-year change)
Net sales
Millions of yen

Operating income% Millions of yen

Ordinary income% Millions of yen

Three months ended
38,334
-0.6
1,544
43.8
2,054
June30, 2024
Three months ended
38,557
8.5
1,074
6.6
1,367
June30, 2023
Note: Comprehensive income
Three months ended June 30, 2024: ¥ 1,472 million (15.2%)
Three months ended June 30, 2023: ¥ 1,278 million (—53.7%)
Net income per share
Diluted net income per share
Three months ended
June30, 2024
Three months ended
June30, 2023

Yen

Yen

63.95

―

70.86

―

(2) Consolidated financial position
Total assets

Net assets

Millions of yen

Profit attributable toowners of parent% Millions of yen
%

50.2

418

-9.5

-22.0

462

-50.7

Equity ratio

Net assets per share

Millions of yen%

Yen

45,72946.1

6,981.70

45,28643.5

6,860.31

Three months ended
99,129June30, 2024
Fiscal year ended
103,087
March 31, 2024
Reference: Shareholders’ equity
As of June 30, 2024: ¥45,684 million
As of March 31, 2024 : ¥44,890 million

2. Dividends
1Q

2Q
Yen

Dividends per Share
3Q
Yen
Yen

Fiscal year ended
80.00
―
―
March 31, 2024
Fiscal year ending―
March 31, 2025
Fiscal year ending
March 31, 2025
90.00―
(Forecast)
Note: Revisions to the forecast of dividends since the latest official announcement: No

1

Year-end
Yen

Total
Yen

100.00180.0090.00

180.003. Forecast of Consolidated Financial Performance for the Fiscal Year Ending March 31, 2025
(April 1, 2024 to March 31, 2025)(Percentage figures indicate changes from the same period of the previous year)

Net sales
Millions ofyen%Operating income

Ordinary income

Millions ofyenMillions of
yen

%

%

Profit attributable toowners of parent
Millions of
yen

%

Net
incomeper shareYennd

2 Quarter ending
75,000-6.5
1,800 -15.3
2,500
-4.5
800
-30.5
122.26
September 30, 2024
Fiscal year ending
159,000
0.2
4,000
-8.0
4,500
-15.7
1,500
20.5
229.24
March 31, 2025
Note: Revisions to forecast of consolidated financial performance since the latest official announcement: Yes
For revisions to forecasts of consolidated financial performance, please refer to “Notice of Revisions to the Forecasts
for the 2nd Quarter Cumulative Period of the Fiscal Year Ending March 2025 and Recording of Extraordinary Loss”
that we announced today (August 5, 2024).

4. Other(1) Changes in significant subsidiaries during the current quarter(changes in specific subsidiaries resulting in changes in the scope of consolidation): None
(2) Adoption of specific accounting policies for quarterly consolidated financial statements: None
(3) Changes in accounting principles, estimation procedures or presentation methods
1) Changes associated with revision of accounting standards: None
2) Changes other than 1): None
3) Changes accounting estimation procedures: None
4) Changes in presentation methods: None
(4) Number of shares issued and outstanding (common stock)1) Number of shares issued and outstanding at end of period (including treasury stock)
As of June 30, 2024: 6,592,411 shares
As of March 31, 2024: 6,592,411 shares
2) Number of shares of treasury stock at end of period
As of June 30, 2024: 48,912 shares
As of March 31, 2024: 48,944 shares
3) Average number of shares outstanding during the period
Three months ended June 30, 2024: 6,543,541 shares
Three months ended June 30, 2024: 6,522,816 shares* Review by certified public accountant or audit firm of the attached quarterly consolidated financial
statements: None
* Explanations for proper use of forecasts and other specific affairs
The forward-looking statement such as forecast of financial performance etc. described in this report basedon information currently available and certain assumptions judged to be reasonable. Actual performance
may differ significantly from these projections due to various factors.

2

Table of Contents
1. Qualitative Information for the First Quarter of Fiscal Year Ending March 31, 2025 ······························ 4(1) Consolidated financial performance ··················································································· 4(2) Consolidated financial position ························································································ 5(3) Future projections including forecasts of consolidated financial performance ··········································· 5
2. Quarterly Consolidated Financial Statements and main notes ·························································· 6(1) Quarterly consolidated balance sheets ················································································ 6(2) Quarterly consolidated statements of income andquarterly consolidated statement of comprehensive income ·········································· 8(Quarterly consolidated statements of income) ···································································· 8(Quarterly consolidated statement of comprehensive income) ················································ 10(3) Quarterly consolidated statements of cash flows ·································································· 11(4) Notes to quarterly consolidated financial statements ····························································· 13(Going concern assumptions)························································································· 13(Notes in the event of significant changes in shareholders’ equity)············································· 13(Segment information)································································································· 13
3. Supplementary information
Sales states (consolidated) ···························································································· 15

31. Qualitative Information for the First Quarter of Fiscal Year Ending March 31, 2025
(1) Consolidated financial performance
During the first quarter of the consolidated cumulative period, while domestic economic conditions have gradually
recovered due to improved income and the recovery of inbound demand, we have also been impacted by the suspension ofoperations by domestic customers and production reductions in the Asia and China regions. Ongoing inflation and the yen
depreciation have led to continued price increases and labor shortages. Furthermore, the global business environment
remains uncertain due to the situation in Ukraine, the Middle East, the slowdown in the Chinese economy, and the future
outlook of U.S.-China relations.
Under the circumstances, the net sales of the T.RAD Group (on a foreign currency basis) decreased from the same
period of the previous year except Japan and United States region. Operating income increased in Japan and United States
due to cost improvement through improved productivity etc. The profit attributable to owner of parent decreased from thesame period of the previous year due to loss on retirement of noncurrent assets etc.
As a result, net sales during the consolidated cumulative first quarter decreased by 223 million yen from the previous
fiscal year, amounting to 38,334 million yen (down 0.6% year on year), operating income increased by 470 million yen,amounting to 1,544 million yen (up 43.8% year on year), ordinary income increased by 686 million yen, amounting to
2,054 million yen (up 50.2% year on year) and profit attributable to owners of parent decreased by 43 million yen,amounting to 418 million yen (down 9.5% year on year).
The segment results are as follows.
The book-closing date for the consolidated subsidiaries for the first three months of the fiscal year under review isMarch 31. In preparing the consolidated financial statements, the financial statements as of, and for the three-month period
ended on this date were used. With respect to material transactions conducted during the period between this date and thebook-closing date for consolidated accounting, we have made adjustments as necessary for consolidated accounting. The
segments relevant to such adjustments include the United States, Europe, Asia and China.
Domestic subsidiaries have the same settlement date that coincides with the last day of the consolidated fiscal year. The
corresponding segment is Other.
Net Sales
Operating Income (Loss)
Three months Three months
ended
ended
June 30, 2023 June 30, 2024

Japan
United States

EuropeAsia
China
Other(including
eliminations)

Increase/
Decrease

Percentage change(on a foreign
currency basis)*(%)(Millions of yen)

(Millions of yen)

(Millions of yen)

16,763
9,692
1,424
5,641
4,963

16,764
11,243
1,309
5,119
3,823

0
1,550
-114
-522
-1,13971

74

2

Three months Three months
ended
ended
June 30, 2023 June 30, 2024

Increase/
Decrease

Percentage change(on a foreign
currency basis)*(%)(Millions of yen)

(Millions of yen)

(Millions of yen)

0.0
2.3
-11.8
-14.2
-29.3

268
(680)
72
957
431

637
(295)
(14)
925
368

369
385
-87
-32
-62

137.2
-9.6
-20.3

3.3

24

(76)

-101

-

Total
38,55738,334
-223
-5.7
1,074
1,544
470
42.6
*The percentage changes (on a foreign currency basis) in the chart are the percentage changes after correcting for differences
arising from fluctuations in the foreign exchange rates applicable to overseas net sales.
(i) Japan
Net sales of products for construction industrial machines decreased from the same period of the previous fiscal year
due to decreases in orders etc. However, net sales of products for automobile industry increased from the same period of theprevious fiscal year due to increases in orders etc. As a result, the net sales in the Japan segment remained at the same level
as in the same period of the previous year, resulting in 16,764 million yen.
Operating income increased by 369 million yen from the same period last year, reaching 637 million yen, due to cost
improvement through improved productivity etc.
(ii) United States
Net sales of products for automobile industry increased year on year due to the start of mass production of newly
ordered models and an increase in orders received etc. As a result, the net sales in the United States segment increased by
1,550 million yen from the same period of the previous year, resulting in 11,243 million yen. On a foreign currency basis, it
increased by 2.3%.
Operating income increased by 385 million yen year-on-year, resulting in operating loss of 295 million yen due toimproved productivity from support by domestic mother factories and a reduction in depreciation costs.
4

(iii) Europe
Net sales of products for automobile industry in the Czech Republic were decreased from the same period of theprevious year due to decreases in orders etc. As a result, the net sales in this segment decreased by 114 million yen
year-on-year to 1,309 million yen. On a foreign currency basis, it decreased by 11.8%.
Operating income decreased by 87 million yen year-on-year, resulting in operating loss of 14 million yen due todecreased of net sales etc.
(iv) Asia
Net sales of products for automobile industry decreased from the same period of the previous year due to a decrease inorders etc. As a result, the net sales in the Asia segment decreased by 522 million yen from the same period of the previous
year, resulting in 5,119 million yen. On a foreign currency basis, it decreased by 14.2%.
Operating income decreased by 32 million yen from the same period of the previous year, resulting in 925 million yen.
On a foreign currency basis, it decreased by 9.6%.
(v) China
Net sales of products for automobile industry decreased from the same period of the previous year due to a decline incommercial vehicle sales and a decrease in the number of models ordered due to the sluggish market etc. Net sales of
products for construction industrial machines decreased from the same period of the previous year due to a decrease inorders etc. As a result, the net sales in this segment decreased by 1,139 million yen from the same period of the previous
year, to 3,823 million yen. On a foreign currency basis, it decreased by 29.3%.
Operating income decreased by 62 million yen from the same period of the previous year, resulting in 368 million yen
due to decreased of net sales etc., On a foreign currency basis, it decreased by 20.3%.
(2) Consolidated financial position
1) Assets, liabilities and net assets
Total assets at the end of current first quarter resulted in 99,129 million yen (down 3,958 million yen from the end of theprevious fiscal year) due to the decrease of cash and deposits etc.
Total liabilities resulted in 53,399 million yen (down 4,401 million yen) due to the decrease of accounts payable-tradeand interest-bearing liabilities etc.
Net assets resulted in 45,729 million yen (up 443 million yen) due to the increase of foreign currency translation
adjustment etc.
2) Cash flows
The balance of cash and cash equivalents at the end of the first quarter of the consolidated cumulative period was
16,070 million yen, a decrease of 4,134 million yen (20.5%) compared to the balance at the end of the previous
consolidated fiscal year (beginning balance).
The cash flow status for the first quarter of the consolidated cumulative period and the changes in cash flow comparedto the same period of the previous fiscal year are as follows:
Cash flow from operating activities
Cash flow from operating activities for the first quarter of the consolidated cumulative period decreased by 152 million
yen, mainly due to the carryover of notes and accounts payable-trade due to holidays at the end of the previous fiscal year
and an increase in income taxes paid. This represents a decrease of 1,619 million yen compared to the increase of 1,467
million yen in the same period of the previous fiscal year.
Cash flow from investment activities
Cash flow from investing activities for the first quarter of the consolidated cumulative period decreased by 723 million
yen, an increase of 884 million yen compared to the decrease of 1,608 million yen in the same period of the previous fiscal
year. Compared to the same period last year, the main factor for this change was a decrease in purchase of tangible fixed
assets.
Cash flow from financing activities
Cash flow from financing activities for the first quarter of the consolidated cumulative period decreased by 3,679
million yen, mainly due to a decrease in short-term borrowings and an increase in cash dividends paid. This represents a
decrease of 4,151 million yen compared to the increase of 472 million yen in the same period of the previous fiscal year.
(3) Future projections including forecasts of consolidated financial performance
We revised the forecasts of consolidated financial performance released on May 13, 2024.
For details, please refer to “Notice of Revisions to the Forecasts for the 2nd Quarter Cumulative Period of the Fiscal YearEnding March 2025 and Recording of Extraordinary Loss” that we announced today (August 5, 2024).
5

2. Quarterly Consolidated Financial Statements and main notes(1) Quarterly consolidated balance sheets(Millions of yen)
FY2024_1Q

FY2023As of March 31, 2024

As of June 30, 2024

AmountAmount(Assets)
Current assets
Cash and deposits

20,332

16,466

Notes receivable-trade

1,080

1,010

Electronically recorded monetary claims-operating

3,191

3,072

Accounts receivable-trade25,587

25,611

Short-term investment securities

299－

Merchandise and finished goods

3,572

3,808

Work in process

991

1,136

Raw materials and supplies

8,985

8,543

Others

2,703

3,041

Allowance for doubtful accounts

(127)

(134)

Total current assets

66,61762,557

Noncurrent assets
Tangible fixed assets
Building and structures, net

6,175

6,386

Machinery, equipment and vehicles, net

12,694

13,308

Land

2,509

2,531

Lease assets, net

1,422

1,439

Construction in progress

3,650

3,510

Other tangible fixed assets, net

1,682

1,648

Total tangible fixed assets

28,13528,825

Others

3,125

2,385

Total intangible assets

3,125

2,385

Investment securities

1,998

2,103

Net defined benefit asset

2,431

2,449

Deferred tax assets

226

249

Others558

564

Intangible assets

Investments and other assets

Allowance for doubtful accounts

(5)

(5)

Total investments and other assets

5,210

5,361

36,47036,572103,087

99,129Total noncurrent assets
Total assets

6

(Millions of yen)
FY2024_1Q

FY2023As of March 31, 2024

As of June 30, 2024

AmountAmount(Liabilities)
Current liabilities
Notes and accounts payable-trade

15,685

13,965

Electronically recorded obligations – operating

5,917

5,531

Short-term loans payable

7,531

5,994

Lease obligations

447

468

Income taxes payable

1,089

694

Accrued expenses

3,793

3,821

Provision for bonuses

1,667

897

Provision for directors’ bonuses

32

7Provision for product warranties

787

688

Provision for loss on order received

228

231

Electronically recorded obligations - non-operating

482

650

Others

1,380

1,777

Total current liabilities

39,04334,728Long-term loans payable

14,34013,830

Lease obligations

2,596

2,645

Deferred tax liabilities

1,315

1,685

Net defined benefit liability

294

308

Provision for share awards

44

53

Asset retirement obligations

93

93

Others73

55

18,75818,67057,80153,399

8,570

8,570

Noncurrent liabilities

Total noncurrent liabilities
Total liabilities(Net assets)
Shareholders’ equity
Capital stock
Capital surplus

6,911

6,910

Retained earnings

22,51022,282

Treasury stock

(114)

(115)

Total shareholders’ equity

37,87737,64819

23

Foreign currency translation adjustment

5,012

6,100

Remeasurements of defined benefit plans

1,980

1,912

Total accumulated other comprehensive income

7,012

8,036

396

45

Total net assets

45,28645,729Total liabilities and net assets

103,087

99,129

Accumulated other comprehensive income
Valuation difference on available-for-sale securities

Non-controlling interests7(2) Quarterly consolidated statements of income and quarterly consolidated statement of comprehensive income(Quarterly consolidated statements of income)(Millions of yen)Three months ended
June 30, 2024

Three months ended
June 30, 2023
(Apr. 1, 2023–June 30, 2023)(Apr. 1, 2024–June 30, 2024)

AmountAmountNet sales

38,55738,334

Cost of sales

35,10833,985Gross profit

3,449

4,349

Packing and delivery expenses

371

394

Salaries and allowances

449

470

Provision for bonuses

209

231

5

7

Selling, general and administrative expenses

Provision for directors’ bonuses

8(6)

Welfare expenses

304

378

Provision for product warranties

90

61

Provision of allowance for doubtful accounts

20Provision for share awards

4

9

260

545

Retirement benefit expenses

Research and development expenses
Others668

711

Total selling, general and administrative expenses

2,374

2,804

Operating income (loss)

1,074

1,544

Interest income

6232

Dividends income33Equity in earnings of affiliates

150

167

Foreign exchange gains

166

311

Others63

101

Total non-operating income

445

616

151

106

0

0

Non-operating income

Non-operating expenses
Interest expenses
OthersTotal non-operating expenses

152

106

Ordinary income (loss)

1,367

2,054

8

(Millions of yen)Three months ended
June 30, 2024

Three months ended
June 30, 2023
(Apr. 1, 2023–June 30, 2023)(Apr. 1, 2024–June 30, 2024)

AmountAmountExtraordinary income
Gain on sales of noncurrent assets

127

5

Total extraordinary income

127

5

Loss on sales of noncurrent assets

9－Loss on retirement of noncurrent assets

13

786

Total extraordinary loss

23

786

Income (loss) before income taxes

1,471

1,272

Income taxes-current

485

429

Income taxes-deferred

540

407

Total income taxes

1,026

837

Profit (loss)

444

435

Profit (loss) attributable to non-controlling interests

(17)

17

Profit (loss) attributable to owners of parent

462

418

Extraordinary loss

9

(Quarterly consolidated statement of comprehensive income)(Millions of yen）
Three months ended
June 30, 2024

Three months ended
June 30, 2023
(Apr. 1, 2023–June 30, 2023)(Apr. 1, 2024–June 30, 2024)

AmountAmount
444

435

5

4

Foreign currency translation adjustment

701

980

Remeasurements of defined benefit plans, net of tax

(22)

(58)

149

109

Total other comprehensive income

833

1,036

Comprehensive income

1,278

1,472

Comprehensive income attributable to owners of the parent

1,255

1,442

Comprehensive income attributable to non-controlling interests

23

29

Profit (loss)
Other comprehensive income
Valuation difference on available-for-sale securities

Share of other comprehensive income of associates accounted for using equity
method(Breakdown)

10(3) Quarterly consolidated statements of cash flows(Millions of yen)Three months ended
June 30, 2024

Three months ended
June 30, 2023
(Apr. 1, 2023–June 30, 2023)(Apr. 1, 2024–June 30, 2024)

AmountAmountNet cash provided by (used in) operating activities
Profit (loss) before income taxes

1,471

1,272

Depreciation and amortization

1,386

1,249

Retirement benefit expenses

(29)

(82)

Increase (decrease) in retirement benefit asset and liability

(14)

(9)

Increase (decrease) in allowance for doubtful accounts

10Increase (decrease) in provision for bonuses

(671)

(771)

Increase (decrease) in provision for directors' bonuses

(19)

(25)

Increase (decrease) in provision for product warranties

(55)

(122)

Loss on retirement of noncurrent assets

13

786

Loss(gain) on sales of tangible fixed assets

(117)

(5)

Interest and dividends income

(65)

(36)

Interest expenses

151

106

Foreign exchange losses (gains)

(120)

29

Equity in (earnings) losses of affiliates

(150)

(167)

Decrease(increase) in notes and accounts receivable-trade(2,606)811

Decrease(increase) in inventories

1,574

522

Increase(decrease) in notes and accounts payable-trade627(2,671)

Decrease(increase) in other current assets

46

(242)

Increase (decrease) in other current liabilities

416

26

Other, net

52

Subtotal

1,843

673

Interest and dividends income received

148

39

Interest expenses paid

(149)

(109)

Income taxes paid

(374)

(755)

Net cash provided by (used in) operating activities

1,467

(152)

11

(Millions of yen)Three months ended
June 30, 2024

Three months ended
June 30, 2023
(Apr. 1, 2023–June 30, 2023)(Apr. 1, 2024–June 30, 2024)

AmountAmountNet cash provided by (used in) investing activities
Payments into time deposits

(731)

(321)

Proceeds from withdrawal of time deposits

560

371

(1,422)(850)

Purchase of tangible fixed assets
Proceeds from sales of tangible fixed assets

232

2

Purchase of intangible assets

(230)

(42)

Others(16)

116(1,608)

(723)

1,006

(2,555)

Net cash provided by (used in) investing activities
Net cash provided by (used in) financing activities
Net increase (decrease) in short-term loans payable
Proceeds from long-term loans payable

490

320

Repayment of long-term loans payable

(845)

(220)

－

(0)

Purchase of treasury stock

－

(656)

(112)

(77)

－

(381)

Others

(66)

(106)

Net cash provided by (used in) financing activities

472(3,679)360

420

Net increase (decrease) in cash and cash equivalents

691(4,134)

Cash and cash equivalents at beginning of period

10,361

20,204

Cash and cash equivalents at end of period

11,052

16,070Cash dividends paid
Cash dividends paid to non-controlling shareholders
Payments from changes in ownership interests in subsidiaries that do not
result in change in scope of consolidation

Effect of exchange rate change on cash and cash equivalents12(4) Notes to quarterly consolidated financial statements(Going concern assumptions)Not applicable(Notes in the event of significant changes in shareholders’ equity)
Not applicable(Segment information)
I Three months ended June 30, 2023 (from April 1, 2023 to June 30, 2023)
1. Net sales and profit (loss) by reportable segments(Millions of yen)
Reportable segment

Net Sales:
Sales to outside customers
Intersegment sales orTransfers
Total
Segment income (loss)

Other(Note 3)

Total

UnitedStatesEurope16,763

9,692

1,424

5,641

4,963

38,48571

38,557

1,519

10

21

129

478

2,158

497

2,656

18,282

9,703

1,445

5,771

5,441

40,644569

41,214

268

(680)

72

957

431

1,049

19

1,069

Japan

Asia

China

Total

Note: 1. Our Group consists of the Company and these overseas corporations which are based on a manufacturing
and sales structure. As such, “Japan”, “the United States”, “Europe”, “Asia” and “China” are our fivereportable segments.
2. Major countries or regions belong to each reportable segment
Europe ·············· the Czech Republic, Germany
Asia ················ Thailand, Indonesia, Vietnam
3. “Other” comprises business operations that are not categorized as reportable segments and includes thebusiness activities of domestic subsidiaries, such as the transportation business.
2. Difference between total segment income (loss) for reportable segments and operating income on consolidated
statements of income, and details of the difference (reconciliation of the difference)(Millions of yen)
Income or loss
AmountTotal segment income
1,049
Income(loss) for “Other”
19Intersegment eliminations
5
Operating income on consolidated statements of income
1,074
3. Impairment loss on noncurrent assets and goodwill, etc., by reportable segment(Significant impairment loss on noncurrent assets)
Not applicable(Significant change in goodwill amount)Not applicable(Significant gain on bargain purchase)
Not applicable13

II Three months ended June 30, 2024 (from April 1, 2024 to June 30, 2024)
1. Net sales and profit (loss) by reportable segments(Millions of yen)
Reportable segment

Net Sales:
Sales to outside customers
Intersegment sales ortransfers
Total
Segment income (loss)

Other(Note 3)

Total

UnitedStatesEurope16,764

11,243

1,309

5,119

3,823

38,26074

38,334

2,229

29

4

255

336

2,856

535

3,392

18,994

11,272

1,314

5,375

4,160

41,116610

41,727

637

(295)

(14)

925

368

1,621

20

1,642

Japan

Asia

China

Total

Note: 1. Our Group consists of the Company and these overseas corporations which are based on a manufacturing
and sales structure. As such, “Japan”, “the United States”, “Europe”, “Asia” and “China” are our fivereportable segments.
2. Major countries or regions belong to each reportable segment
Europe ·············· the Czech Republic, Germany
Asia ················ Thailand, Indonesia, Vietnam
3. “Other” comprises business operations that are not categorized as reportable segments and includes thebusiness activities of domestic subsidiaries, such as the transportation business.
2. Difference between total segment income (loss) for reportable segments and operating income on consolidated
statements of income, and details of the difference (reconciliation of the difference)(Millions of yen)
Income or loss
AmountTotal segment income
1,621
Income(loss) for “Other”
20
Intersegment eliminations(97)
Operating income on consolidated statements of income
1,544
3. Impairment loss on noncurrent assets and goodwill, etc., by reportable segment(Significant impairment loss on noncurrent assets)
Not applicable(Significant change in goodwill amount)Not applicable(Significant gain on bargain purchase)
Not applicable14

3. Supplementary information
Sales states (consolidated)(Millions of yen)Three months ended
June 30, 2023

Three months ended
June 30, 2024

(Apr. 1, 2023–June.30, 2023)(Apr. 1, 2024–June.30, 2024)

AmountAmount%%FY2023

Increase/Decrease(Apr 1.2023-Mar 31,2024)

AmountAmount%%For Automobile

29,45776.4

30,190

78.8

732

2.5

124,318

78.4

For Construction &Industrial machine

8,013

20.8

6,851

17.9

-1,161-14.5

29,55018.6

For Air conditioner

545

1.4

699

1.8

154

28.2

2,340

1.5

Other

541

1.4

593

1.5

51

9.5

2,450

1.5

38,557100.0
38,334100.0
Total
Notes: Amounts less than one million yen have been truncated.

-223

-0.6

158,659100.0

15