Fujikura : Consolidated Financial Results (Japanese Accounting Standards) for the First Quarter of Fiscal Year Ending March 31, 2024

Consolidated Financial Results (Japanese Accounting Standards)

for the First Quarter of Fiscal Year Ending March 31, 2024

August 10, 2023

Company name:	Fujikura Ltd.
Stock exchange listing:	Prime Market of TSE
Code No. :	5803
URL:	https://www.fujikura.co.jp/
Representative:	Naoki Okada, Director of President, CEO
	Toru Hamasuna,
Contact:	Executive Officer
	General Manager of Corporate Strategy Planning Division

Tel. [phone]

Scheduled filing date of the quarterly securities report: August 14, 2023

(The figures are rounded to the nearest million yen.)

1. Consolidated Financial Results for the First Quarter of Fiscal Year Ending March 31, 2024 (April 1, 2023－June 30, 2023)

(1) Consolidated Financial Results

(Percentages represent changes compared to the same period of the previous fiscal year.)

		Net sales	Operating income	Ordinary income	Profit attributable
		to owners of parent
		Million yen	％	Million yen	％	Million yen	％	Million yen	％
	Three months ended	190,207	5.1	12,572	11.4		15,643	25.4	11,112	34.5
	June 30, 2023
	Three months ended	180,906	11.2	11,285	16.6		12,474	34.2	8,260	25.7
	June 30, 2022
	Note: Comprehensive income: Three months ended June 30, 2023	27,846	million yen	15.6	%
		Three months ended June 30, 2022	24,089	million yen	269.2	%
		Net income	Diluted net income
		per share		per share
			Yen		Yen
	Three months ended		40.29		－
	June 30, 2023
	Three months ended		29.96		－
	June 30, 2022

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Profit attributable to owners of parent

(2) Consolidated Financial Position

		Total assets		Net assets	Equity ratio
		Million yen		Million yen	％
As of June 30, 2023		682,773		316,315	42.9
As of March 31, 2023		656,785		294,384	41.2
Reference: Shareholders' equity:	As of June 30, 2023	292,943	million yen
		As of March 31, 2023	270,537	million yen

2．Dividends Payments

			Dividend per share
	End of	End of	End of	Year-end	Annual
	1st quarter	2nd quarter	3rd quarter
	Yen	Yen	Yen	Yen	Yen
Year ended	－	13.00	－	17.00	30.00
March 31, 2023
Year ending	－
March 31, 2024
Year ending
March 31, 2024		22.50	－	22.50	45.00
(forecast)
Note: Revisions to dividends payments forecasts disclosed most recently: No

3. Consolidated Financial Forecasts for the Fiscal Year Ending March 31, 2024 (April 1, 2023－March 31, 2024)

(Percentages represent changes compared to the same period of the previous fiscal year.)

Net

Net sales Operating income Ordinary incomeincome per share

	Million	%	Million	%	Million	%	Million	%	Yen
	yen		yen		yen		yen
Six months ending	370,000	(7.3)	24,000	(31.9)	20,000	(48.1)	10,000	(68.5)	36.26
September 30, 2023
Year ending	770,000	(4.5)	60,000	(14.5)	55,000	(19.0)	41,000	0.3	148.66
March 31, 2024
Note: Revisions to financial forecasts disclosed most recently: No

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4. Others

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries ("tokutei kogaisha") as amended, involving changes in the scope of consolidation): No
2. Application of special accounting methods to the preparation of quarterly consolidated financial statements: Yes
3. Changes in accounting policies, changes in accounting estimates and restatements (to be described in "Changes in significant matters concerning the preparation of consolidated financial statements")

1. Changes in accounting policies due to revisions of accounting standards, etc. : No

(ii)	Changes in accounting policies other than (i)	: No
(iii)	Changes in accounting estimates	: No
(iv)	Restatements	: No

1. Number of issued shares (common stock)
2. 1. Number of issued shares at end of period (including treasury stock)

As of June 30, 2023:	295,863,421	Shares
As of March 31, 2023:	295,863,421	Shares

1. Number of shares of treasury at end of period

As of June 30, 2023:	20,061,389	Shares
As of March 31, 2023:	20,060,954	Shares

1. Average number of outstanding shares during period

Three months ended June 30, 2023:	275,802,167	Shares
Three months ended June 30, 2022:	275,720,688	Shares

Notes: The Company has introduced a stock-based compensation plan by means of a trust for the Company's Directors. The number of shares held in this trust account are included in the number of treasury stock.

Notes: concerning the appropriate use of financial forecasts and other significant matters (Notes on forward-lookingstatements)

These forecasts are based on information available to the Company on the date hereof. Actual financial results may differ from these forecasts due to various factors.

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