JVCKENWOOD : Summary of Accounting Report for the First Quarter of Fiscal Year Ending March 2024 (April 1, 2023 - June 30, 2023)

TRANSLATION - FOR REFERENCE ONLY -

	August 1, 2023
Company	JVCKENWOOD Corporation
Representative	EGUCHI Shoichiro
	Representative Director of the Board,
	President and CEO
	(Code: 6632; Prime Market of the Tokyo Stock
	Exchange)
Contact	MIYAMOTO Masatoshi
	Representative Director of the Board,
	Senior Managing Executive Officer,
	Chief Financial Officer (CFO)
	(Tel: [phone])
	(E-mail: [e-mail])

For Immediate Release

Summary of Accounting Report for the Q1 of Fiscal Year Ending March 2024

(April 1, 2023 - June 30, 2023)

1. Operating results								(% indicate year-on-year changes）
		Revenue		Core operating income*	Operating profit	Profit before tax	Profit attributable to
			owners of parent
		million yen		%	million yen	%	million yen	%	million yen	%	million yen	%
Q1 of FYE3/'24		85,598		18.9	5,039	－	5,012	871.3	4,873	802.7	3,477	－
Q1 of FYE3/'23		72,000		11.6	442	19.4	516	-82.0	539	-80.7	-246	－

*Core operating income is calculated by deducting cost of sales, selling and general administrative expenses from revenue, and does not include other income, other expenses, and foreign exchange gains and losses, which are primarily due to one-time factors.

2. Financial positions
				Equity attributable to	Equity attributable to
		Total assets	Total equity	owners of parent to total
		owners of parent
				assets ratio
		million yen	million yen	million yen	%
Q1 of FYE3/'24		307,063	110,011	104,311	34.0
FYE3/'23		299,355	103,731	98,807	33.0

3. Dividends

				Annual dividends
	1st quarter		2nd quarter	3rd quarter	Year end	Total
		yen	yen	yen	yen	yen
FYE3/'23		－	－	－	12.00	12.00
FYE3/'24		－
FYE3/'24(Forecast)			－	－	8.00	8.00

• Revision of dividend forecast from the most recently announced forecast: None
  Year-end dividends in FYE3/'23: Regular dividend 7.00 (yen) and Special dividend 5.00 (yen)
  Year-end dividends in FYE3/'24 (Forecast): Regular dividend 8.00 (yen)

4. FYE3/'24 full-year earnings forecast (April 1, 2023 - March 31, 2024)

(% indicate year-on-year changes）

	Revenue		Core operating income*	Operating profit	Profit before tax	Profit attributable to
		owners of parent
	million yen		%	million yen	%	million yen	%	million yen	%	million yen	%
Full year	350,000		3.9	14,800	-6.5	13,400	-38.1	12,400	-41.4	8,000	-50.7

• Revision of dividend forecast from the most recently announced forecast: None