Okada Aiyon : Consolidated Financial Results for the Six Months Ended Sept...

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

November 10, 2023

Consolidated Financial Results

for the Six Months Ended September 30, 2023

(Under Japanese GAAP)

Company name:	OKADA AIYON Corporation
Listing:	Tokyo Stock Exchange
Securities code:	6294
URL:	http://www.aiyon.co.jp/
Representative:	Yuji Okada, President and Representative Director
Inquiries:	Nobuo Maenishi, Managing Director, General Manager of Administration Dept.
Telephone:	[phone]

Scheduled date to file quarterly securities report:	November 13, 2023
Scheduled date to commence dividend payments:	‐
Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results briefing:	Yes (for institutional investors and analysts)

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

1. Consolidated financial results for the six months ended September 30, 2023 (from April 1, 2023 to September 30, 2023)

(1) Consolidated operating results (cumulative)		(Percentages indicate year-on-year changes.)
		Net sales		Operating profit		Ordinary profit		Profit attributable to
					owners of parent
	Six months ended	Millions of yen		%	Millions of yen		%	Millions of yen		%	Millions of yen		%
	September 30, 2023	13,391		14.7	1,525		38.0	1,648		41.1	1,105		40.7
	September 30, 2022	11,680		16.1	1,105		8.1	1,168		13.9	785		19.0

Note: Comprehensive income	For the six months ended September 30, 2023:	¥1,259 million	[11.8%]
			For the six months ended September 30, 2022:	¥1,126 million	[47.8%]
		Basic earnings	Diluted earnings
			per share	per share
	Six months ended		Yen	Yen
	September 30, 2023		137.78	137.18
	September 30, 2022		97.97	97.53

(2) Consolidated financial position

		Total assets		Net assets	Equity-to-asset ratio	Net assets per share
	As of	Millions of yen	Millions of yen	%	Yen
	September 30, 2023	32,990	14,922	45.2	1,856.06
	March 31, 2023	30,594	13,961	45.6	1,736.90
Reference: Equity
	As of September 30, 2023:	¥14,897 million
	As of March 31, 2023:	¥13,936 million

2. Cash dividends

		Annual dividends per share
	First quarter-end	Second quarter-end	Third quarter-end		Fiscal year-end	Total
	Yen	Yen	Yen		Yen	Yen
Fiscal year ended	－	0.00	－		38.00	38.00
March 31, 2023
Fiscal year ending	－	0.00
March 31, 2024
Fiscal year ending
March 31, 2024			－		65.00	65.00
(Forecast)

Note: Revisions to the forecast of cash dividends most recently announced: Yes

3. Forecast of consolidated financial results for the year ending March 31, 2024 (from April 1, 2023 to March 31, 2024)

(Percentages indicate year-on-year changes.)

	Net sales		Operating profit	Ordinary profit	Profit attributable to	Earnings per
		share
								owners of parent
	Millions of yen		%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Yen
Full year	26,500		12.4	2,650	34.9	2,650	35.1	1,730	22.3	215.57

Note: Revisions to the forecast of financial results most recently announced: Yes

* Notes

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): None

Newly included:	-	companies
Excluded:	-	companies

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 restatement
3. 1. Changes in accounting policies due to revisions to accounting standards and other regulations: None
   2. Changes in accounting policies due to other reasons: None
   3. Changes in accounting estimates: None
   4. Restatement: None
4. Number of issued shares (common shares)
5. 1. Total number of issued shares at the end of the period (including treasury shares)

As of September 30, 2023

As of March 31, 2023

8,378,700 shares

8,378,700 shares

(ii) Number of treasury shares at the end of the period

As of September 30, 2023

As of March 31, 2023

352,047 shares

354,947 shares

1. Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)

Six months ended September 30, 2023

Six months ended September 30, 2022

8,025,203 shares

8,019,285 shares

• Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation.
• Proper use of earnings forecasts, and other special matters

The forward-looking statements 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. Therefore, the Company does not make promises about the achievements. Actual results may differ significantly from the forecasts due to various factors.