Cross Marketing : Consolidated Financial Results for the Fiscal Year Ended Jun 30, 2023

Note: This document has been translated from a part of 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.

Consolidated Financial Results

for the Fiscal Year Ending June 30, 2023

[ Under Japanese GAAP ]

August 10, 2023

Company name:	Cross Marketing Group Inc.
Stock exchange listing:	Tokyo Stock Exchange
Code number:	3675
URL:	https://www.cm-group.co.jp
Representative:	Miki Igarashi, President & CEO
Contact:	Koji Onozuka, Director & CFO
Phone:	[phone]

Scheduled date of holding regular meeting of shareholders:	September 28, 2023
Scheduled date of commencing dividend payments:	September 30, 2023
Scheduled date of filing marketable securities reports:	September 28, 2023
Availability of supplementary briefing material on financial results: Available
Schedule of financial results briefing session:	Available

(Amounts less than one million yen are rounded to the nearest million yen)

1. Consolidated Financial Results for the fiscal year Ended June 30, 2023 (July 1, 2022 to June 30, 2023)

(1) Consolidated Operating Results		(% indicates changes from the previous corresponding period)
							Net income
	Net sales		Operating income	Ordinary income	attributable to
							owners of parent
Fiscal Year ended	Million yen	%	Million yen	%	Million yen	%	Million yen	%
June, 2023	25,094	0.8	1,951	(22.6)	1,880	(24.8)	1,007	(35.4)
June, 2022	24,899	－	2,522	－	2,498	－	1,559	－

(Note) Comprehensive income: Year Ended June 30, 2023: ¥1,109 million [-37.0%] Comprehensive income: Year Ended June 30, 2022: ¥1,760 million [－%]

			Basic earnings	Diluted earnings	Ratio of profit to	Ratio of ordinary	Ratio of
			income to total	operating profit
			per share			per share	new worth
					assets		to net sales
	Fiscal Year Ended		Yen			Yen		%		%	%
	June 30, 2023	51.00		50.57		17.1		13.7	7.8
	June 30, 2022	79.07		78.29		31.9		20.1	10.1
	(Reference) Equity in earnings of affiliates: Fiscal Year Ended June 30, 2023: ¥ 28 million
					Fiscal Year Ended June 30, 2022: ¥ (21) million
	(2) Consolidated Financial Position
			Total assets			Net assets	Equity ratio	Net assets per Share
As of		Million yen		Million yen		%		Yen
June 30, 2023		14,308			6,089		42.0		312.99
June 30, 2022		13,133			6,136		43.9		291.24

(Reference) Equity: As of June 30, 2023: ¥6,002 million As of June 30, 2022: ¥5,764 million

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(3) Consolidated Cash Flow Position

Cash flow

Cash flow by

Cash flow by

Cash and cash

equivalents end

by sales activity

investment activity

financing activity

balance

Fiscal Year Ended

Million yen

Million yen

Million yen

Million yen

June 30, 2023

1,796

(902)

27

6,478

June 30, 2022

1,951

(900)

(777)

5,504

2. Dividends

Annual dividends

Dividends

Payout

Net dividends

total

ratio

ratio

1st

2nd

3rd

Year-end

Total

quarter-end

quarter-end

quarter-end

amount

(Consolidated)

(Consolidated)

Fiscal Year Ended

Yen

Yen

Yen

Yen

Yen

Million yen

%

%

June 30, 2022

－

4.30

－

5.30

9.60

190

12.1

3.9

June 30, 2023

－

6.00

－

6.00

12.00

234

23.5

4.0

Fiscal year ending

June 30, 2024

－

6.50

6.50

13.00

－

(Forecast)

3. Consolidated Financial Results Forecast for the Fiscal Year Ending June 30, 2024 (July 1, 2023 to June 30, 2024)

							Net income	Basic earnings per
	Net sales		Operating income	Ordinary income	attributable to
		share
							owners of parent
	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
Full year	30,000	19.5	3,000	53.8	2,900	54.3	1,800	78.7	90.13

* Notes:

1. Changes in significant subsidiaries during the year ended June 30, 2023 (changes in specified subsidiaries resulting in changes in scope of consolidation): No

Newly included: -

(Company name: - ) Excluded: -

(Company name: - )

1. Changes in accounting policies, changes in accounting estimates and retrospective restatement
2. 1. Changes in accounting policies due to the revision of accounting standards: Yes
   2. Changes in accounting policies other than 1 above: No
   3. Changes in accounting estimates: No
   4. Retrospective restatement: No
3. Total number of issued shares (common shares)
4. 1. Total number of issued shares at the end of the period (including treasury shares):

June 30, 2023: 19,970,464 shares

June 30, 2022: 19,970,464 shares

1. Total number of treasury shares at the end of the period: June 30, 2023: 792,498 shares
   June 30, 2022: 178,355 shares
2. Average number of shares during the period:

June 30, 2023: 19,746,824 shares

June 30, 2022: 19,722,715 shares

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(Reference) Summary of Individual Financial Results

Individual Financial Results for the fiscal year ended June 30, 2023 (July 1, 2022 to June 30, 2023)

	(1) Individual Operating Results			(% indicates changes from the previous corresponding period.)
			Net sales			Operating income	Ordinary income		Net income
	Fiscal Year ended	Million yen	%	Million yen	%	Million yen	%		Million yen	%
	June 30, 2023	3,151	17.3	917	55.0	940	59.9		674	121.6
	June 30, 2022	2,687	-		591	-		588	-			304	-
			Basic earnings per	Diluted earnings per
			share			share
	Fiscal Year Ended		Yen		Yen
	June 30, 2023		34.11		33.83
	June 30, 2022		15.42		15.26
	(2) Individual Financial Position
			Total assets			Net assets			Equity ratio			Net assets per Share
			Million yen		Million yen			%				yen
As of June 30, 2023		7,505			3,445			45.9				179.53
As of June 30, 2022		6,223			3,424			55.0				172.94

(Reference) Equity: As of June 30, 2023: ¥3,443 million As of June 30, 2022: ¥3,423 million

• Presentation regarding the auditing status of the fiscal year review procedures

These fiscal year financial results are outside the scope of fiscal year review procedures under the Financial Instruments and Exchange Act.

* Explanation of the proper use of financial results forecast and other notes

The earnings forecasts and other forward-looking statements herein are based on data currently available to Cross Marketing Group Inc. (CMG) and its reasonable assumption. Actual results may differ significantly from these forecasts due to various factors.

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