FY2023 First Quarter

Brief Report on Consolidated Closing of Accounts

Name of Listed Company

Yorozu Corporation

Code No.

7294

(URL http://www.yorozu-corp.co.jp/)

Representative Director

President, COO

Name : Tsutomu Hiranaka

The reference

Executive Vice President & CFO

Name : Noiro Hirano

TEL (045) 543 - 6802

Scheduled date of submission of quarterly report Aug 10, 2023

Scheduled date for Start of Dividend Payment :―

Supplemental explanation for

closing None

Scheduled date of holding for quarterly results briefing None

Aug 10, 2023

Stock Exchange Listing : Tokyo

(Amounts less than one million yen are rounded down)

1. Consolidated Financial Results for FY 2023First Quarter (April 1, 2023 through June 30, 2023)

(1) Consolidated operating results

(Percent indications show percentage of changes from corresponding figures for the previous period.)

Net Sales

Operating Income

Ordinary Income

Net Income Attributable

to Owners of Parent

million

million

million

million

FY2023 1st quarter

41,844

24.1

120

376

137.9

△197

FY2022 1st quarter

33,712

9.8

△80

158

△ 28.7

△72

(Note) Comprehensive income

FY2023 1st quarter 3,117 million yen(13.3%) FY2022 1st quarter

3,596 million yen( 78.2%)

Net Income

Net Income

Per Share

Per Share (Diluted)

FY2023 1st quarter

△8 .17

FY2022 1st quarter

△3 .03

(Note) Net income per share diluted is not shown above because of net loss per share but diluted shares exist.

(2) Consolidated financial position

Total Assets

Net Assets

Equity Ratio

million

million

FY2023 1st quarter

149,126

80,123

44.3

FY2022

141,511

77,439

45.0

(Reference) Owner's equity

FY2023 1st quarter FY2022

million

66,128

63,630

2. Dividends

Dividends Per Share

date

1st. Qtr.

2nd. Qtr.

3rd. Qtr

Year End

Full-Year

FY2022

7.00

18.00

25.00

FY2023

FY2023 (Forecast)

13.00

13.00

26.00

(Note) Changes in dividends forecast for FY2023 from the lastest disclosureNone

3. Forecasts of Consolidated Financial Results for FY2023 April 1, 2023 through March 31, 2024

(Percent indications show percentage of changes from corresponding figures for the previous period.)

Net Sales

Operating Income

Ordinary Income

million

million

million

Full year

160,000

△ 0.3

3,200

3.6

2,700

△ 9.8

Net Income Attributable

Net Income

to Owners of Parent

Per Share

million

Full year

1,500

5.5

61.91

(Note) Changes in forecast of consolidated financial results for FY2023 from the latest disclosureNone

Notes

(1) Changes in significant subsidiaries for this quarter : None

*Changes in specified subsidiaries that caused a change in the scope of consolidation Newy included None

Exclusion None

  1. Application of special accounting practices for quarterly consolidated basis financial statements.: Yes
  2. Changes in accounting policies, accounting estimates, and restatements
  1. Changes in accounting policies due to the revision of accounting standards, others: None Changes other than (3)- aboveNone

    Changes in accounting estimates: None

    Restatements: None

  2. # of shares issued (common stock)
  • Term end # of shares issued (include treasury stock)
  • Term end # of treasury stock

Average # of shares (quarterly accumulated)

FY2023 1Q

25,055,636

FY2022

25,055,636

FY2023 1Q

912,933

FY2022

912,933

FY2023 1Q

24,142,703

FY2022 1Q

24,022,130

This Financial Results report for the first quarter is exempt from quarterly review

Explanation regarding the appropriate use of forecast, and other statements.

The financial forecast is based on judgments and estimates that have been made on the basis of currently available information. Consequently, the final results might be significantly different from the aforementioned forecast due to various reasons.

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YOROZU Corporation published this content on 10 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2023 06:10:03 UTC.