Focus : Non-Consolidated Financial Results for the Three Months Ended June 30, 2023

Non-Consolidated Financial Results

for the Three Months Ended June 30, 2023

[Japanese GAAP]

August 10, 2023

Company name: Focus Systems Corporation

Listing: Tokyo Stock Exchange

Securities code: 4662

URL: https://www.focus-s.com

Representative: Keiichi Mori, President, Representative Director

Inquiries: Makoto Goto, Executive Managing Director

Telephone: [phone]

Scheduled date to file quarterly securities report: August 14, 2023

Scheduled date to commence dividend payments: -

Preparation of supplementary material on quarterly financial results: None

Holding of quarterly financial results briefing: None

(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Non-Consolidated Financial Results for the Three Months Ended June 30, 2023 (April 1, 2023 to June

30, 2023)
(1) Non-Consolidated Operating Results (cumulative)				(Percentages indicate year-on-year changes.)
						Net sales		Operating profit		Ordinary profit			Profit
Three Months ended				Million yen	%		Million yen	%			Million yen	%		Million yen	%
June 30, 2023			7,310	5.3		236	(51.6)			217	(58.5)		148	(58.0)
June 30, 2022			6,943	15.1		489	61.8			523	70.8		354	73.3
						Basic earnings		Diluted earnings
						per share		per share
Three Months ended					Yen				Yen
June 30, 2023				9.84				-
June 30, 2022				23.48				-
(2) Non-Consolidated Financial Position
						Total assets	Net assets		Equity ratio
							Million yen		Million yen				%
As of June 30, 2023			20,136			12,559					62.4
As of March 31, 2023			20,417			12,814					62.8
(Reference) Equity: As	of June 30, 2023: ¥12,559 million
		As of March 31, 2023: ¥12,814 million
2. Cash Dividends
										Annual dividends per share
						1st				2nd	3rd			Year-end		Total
					quarter-end		quarter-end	quarter-end
Fiscal year ended		Yen	Yen				Yen		Yen			Yen
March 31, 2023			-			5.00					-		30.00			35.00
Fiscal year ending
March 31, 2024			-
Fiscal year ending							6.00					-		32.00			38.00
March 31, 2024
(Forecast)

(Note) Revisions to the forecast of cash dividends most recently announced: None 1

3. Non-Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2024 (April 1, 2023 to March 31, 2024)

(Percentages indicate year-on-year changes.)

	Net sales		Operating profit	Ordinary profit		Profit		Basic earnings per
				share
						%
Full year	Million yen	%	Million yen	%	Million yen		Million yen	%	Yen
30,100	3.4	2,000	5.5	2,020	5.7		1,450	4.3	96.07
(Note) Revisions	to the financial result forecast most recently announced: None

* Notes:

1. Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: Yes
2. Changes in accounting policies, changes in accounting estimates, and retrospective restatement
3. 1. Changes in accounting policies due to revisions to accounting standards and other regulations: None
   2. Changes in accounting policies other than 1) above: None
   3. Changes in accounting estimates: None
   4. Retrospective restatement: None
4. Total number of issued shares (common shares)
5. 1. Total number of issued shares at the end of the period (including treasury stocks):

As of June 30, 2023: 16,292,942 shares

As of March 31, 2023: 16,292,942 shares

• 1. Total number of treasury shares at the end of the period: As of June 30, 2023: 1,199,462 shares
     As of March 31, 2023: 1,199,462 shares
  2. Average number of shares during the period (cumulative): Three months ended June 30, 2023: 15,093,480 shares Three months ended June 30, 2022: 15,078,480 shares
• These quarterly financial results are outside the scope of quarterly review conducted by a certified public accountant or an audit corporation.
• Explanation of the proper use of financial results forecast and other notes
  Forward-looking statements in this document, including the forecasts of financial results, etc., are based on the information currently available to the Company and certain assumptions deemed to be reasonable. Actual performance and other results may differ materially from these forecasts due to various factors.

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