Tomita Electric : Financial Results for the Fiscal Year Ended January 31, 2024

March 15,2024

Consolidated Earnings Report for the Fiscal Year Ended January 31,2024（Japanese GAAP）

Company name:

TOMITA ELECTRIC CO.,LTD.

Stock exchange listing

Tokyo Standard

Securities code.:

6898

URL

https://www.tomita-electric.com/en/

Representative:

President Tetsuro Kamitani

Inquiries:

Director Yoichiro Kamitani

TEL

[phone]

Date of general shareholders' meeting (as planned)

April 26,2024

Annual securities report filing date (as planned)

April 26,2024

Scheduled date of start of dividend payout

－

Preparation of quarterly supplementary explanatory material :

No

Quarterly results briefing held :

No

(Figures less than one million are rounded down)

1. Consolidated Results for the Fiscal Year Ended

January 31,2024

(From February 1,2023

to January 31,2024

)

(1) Consolidated Operating Results (Percentages represent changes over the previous fiscal year)

Net Sales

Operating Income

Ordinary Income

Profit attributable to

owners of the parent

(million yen)

%

(million yen)

%

(million yen)

%

(million yen)

%

Year Ended January 31,2024

1,492

-25.5

-27

－

-23

－

-33

－

Year Ended January 31,2023

2,004

9.6

143

12.0

139

0.2

95

-10.6

(Note) Comprehensive income

Year Ended January 2024

52 million yen

[-78.8%]

Year Ended January 2023

247

million yen [30.5%]

Net Income

Diluted Net Income

Ratio of Net Income to

Ratio of Ordinary

Ratio of Operating

per Share

per Share

Shareholders' Equity

Income to Total Assets

Income to Net Sales

(yen)

(yen)

%

%

%

Year Ended January 31,2024

-47.47

－

-0.9

-0.5

-1.9

Year Ended January 31,2023

144.74

－

2.8

3.2

7.2

Reference: Equity in earnings of affiliated companies

Year Ended January 2024

－ million yen

Year Ended January 2023

－ million yen

(2) Consolidated Financial Position

Total Assets

Net Assets

Equity Ratio

Net Assets per Share

(million yen)

(million yen)

%

(yen)

Year Ended January 31,2024

4,697

3,780

80.5

4,995.72

Year Ended January 31,2023

4,554

3,539

77.7

5,367.66

Reference: Shareholders' Equity

As of January 31,2024

3,779 million yen

As of January 31,2023

3,539

million yen

(3) Consolidated Cash Flows

Operating

Investing

Financing

Year-end Cash and

Activities

Activities

Activities

Cash Equivalents

(million yen)

(million yen)

(million yen)

(million yen)

Year Ended January 31,2024

77

-40

177

1,318

Year Ended January 31,2023

40

-82

-5

1,060

2. Dividends

Dividends per Share

Dividends

Dividend

Dividend on

1Q

2Q

3Q

Year

Full

Total

Payout Ratio

Equity Ratio

End

End

End

End

Year

(Year)

(Consolidated)

(Consolidated)

(yen)

(yen)

(yen)

(yen)

(yen)

(million yen)

%

%

Fiscal year 2023

－

0.00

－

0.00

0.00

－

－

－

Fiscal year 2024

－

0.00

－

0.00

0.00

－

－

－

Fiscal year 2025

(projected)

－

0.00

－

0.00

0.00

－

3.Consolidated Outlook for the Fiscal Year Ending January 31,2025 (From February 1,2024 to January 31,2025 )

(Percentages represent changes over the previous fiscal year)

Net Sales

Operating Income

Ordinary Income

Profit attributable to

Net Income

owners of the parent

per Share

(million yen)

%

(million yen)

%

(million yen)

%

(million yen)

%

(yen)

Interim

702

-13.3

-10

－

-10

－

-8

－

-11.59

Full Year

1,630

9.2

36

－

36

－

29

－

39.05