% change from the previous corresponding period

Financial Results for the Second Quarter of the Fiscal Year 2024 [Japan GAAP] (Consolidated)

October 27, 2023

C o m p a n y

Elematec Corporation

The Prime Market of the Tokyo Stock Exchange

S t o c k C o d e

2715

URL: http://www.elematec.com

Representative

Akira Yokode, Chief Executive Officer and Chairman of the Board

C o n t a c t

Masahiro Fukami, Managing Director,Director of corporate Division

T E L: +81-(0)3-3454-3526

Expected date of filing of quarterly report: October 27, 2023 Expected starting date of dividend payment: December 4,2023

Preparation of quarterly supplementary financial document (Japanese): Yes

Quarterly results briefing: Yes

Rounded down to million yen

1. Results of operations for the second quarter of the fiscal year ending March 2024

(April 1, 2023 through September 30, 2023)

(1) Consolidated results of operations (cumulative)

Net income attributable

Net sales

Operating income

Ordinary income

to

owners of parent

Million yen

%

Million yen

%

Million yen

%

Million yen

%

FY 2024 2nd Quarter

102,135

17.1

4,556

31.3

4,203

31.3

3,060

26.5

FY 2023 2nd Quarter

123,167

34.4

6,628

90.4

6,122

79.6

4,164

73.7

(Note) Comprehensive income:

FY2024 2nd Quarter: 4,554 million yen (20.8%)

FY2023 2nd Quarter: 5,747 million yen (133.7%)

Net income

Diluted net income per

per share

share

Yen

Yen

FY 2024 2nd Quarter

74.75

-

FY 2023 2nd Quarter

101.71

-

(2) Consolidated financial position

Total assets

Net assets

Shareholders' equity

Net assets per

ratio

share

Million yen

Million yen

%

Yen

FY 2024 2nd Quarter

121,876

68,125

55.9

1,663.78

FY 2023

113,913

65,577

57.6

1,601.56

(Reference) Shareholders' equity

FY2024 2nd Quarter: 68,125 million yen

FY ended March 2023: 65,577 million yen

2. Dividends

Annual dividend

End of 1Q

End of 2Q

End of 3Q

Year-end

Total

Yen

Yen

Yen

Yen

Yen

FY 2023

-

27.00

-

49.00

76.00

FY 2024

-

40.00

FY 2024 (forecast)

-

45.00

85.00

(Note) Revisions to recent dividend forecast: Yes

3. Consolidated forecast for the Fiscal Year 2024 (April 1, 2023 through March 31, 2024)

% change from the previous corresponding period

Net sales

Operating income

Ordinary income

Net income attributable

Net income

to owners of parent

per share

Million yen

%

Million yen

%

Million yen

%

Million yen

%

Yen

FY 2024

207,000

13.7

9,000

25.3

8,400

24.5

6,000

22.0

146.53

(Note) Revisions to business forecast for the current quarter: Yes

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Notes

  1. Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes in the scope of consolidation): None
  2. Application of accounting procedures specific to preparation of the consolidated quarterly financial statements:

Yes

(3) Changes in accounting policies, accounting estimates and restatement Changes in accounting policies associated with revision of accounting standards Changes in accounting policies other than

Changes in accounting estimates

Restatement

  • Yes
  • None
  • None
  • None

(4) Shares outstanding (common stock)

  • Number of shares outstanding at the end of period (treasury stock included)

FY 2024 2nd Quarter:

42,304,946 shares

FY 2023:

42,304,946 shares

  • Treasury stock at the end of period

FY 2024 2nd Quarter:

1,358,737 shares

FY 2023:

1,358,737 shares

  • Average number of stock during period (quarterly consolidated cumulative period)

FY 2024 2nd Quarter:

40,946,209 shares

FY 2023 2nd Quarter:

40,946,209 shares

*Quarterly financial summary is not subject to the quarterly review procedures by a certified public accountant or an audit corporation.

*Explanation regarding appropriate use of business forecasts and other special instructions

Forecasts regarding future performance in this material are based on information currently available to the company and certain assumptions that the company deems to be reasonable at the time this report was prepared. The company does not make promises about the achievements.Actual results may differ significantly from the forecasts due to various factors.

- 2 -

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Elematec Corporation published this content on 27 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2023 08:28:02 UTC.