AOKI : Supplementary Materials (for the Three Months of the Fiscal Year Ending March 31,2024)

Supplementary

Materials

for the First Quarter of the Fiscal Year

Ending March 31, 2024

(Three Months Ended June 30, 2023)

August 9, 2023

AOKI Holdings Inc.

Contents

			Three Months of FY3/24 Review of Operations	3
			Three Months of FY3/24 Result by Segment	8
			Strengthening the Governance system	14
			Supplementary Documents	16

1. All monetary figures are rounded down.
2. The Accounting Standard for Revenue Recognition has not been retroactively applied to fiscal years before FY3/22.
3. The results of operations of RUNSYSTEM CO., LTD., which was acquired in June 2022, are included in the Entertainment Business beginning with the second quarter of FY3/23.

AOKI Holdings Inc.

2

Three Months of FY3/24 Review of Operations

Three Months of FY3/24 Results

• Sales increased 5.9% YoY to ¥41.5 billion and operating profit up 47.3% to ¥2.2 billion Higher sales and earnings for the third consecutive fiscal year
• Sales and earnings exceeded regarding the progress of the full-year forecast for the fiscal year ending March 31, 2024

Account/Period	First Quarter of	First Quarter of	change	YoY(%)
FY3/23	FY3/24
Net sales	39,227	41,549	2,321	105.9
Gross profit	14,888	16,481	1,593	110.7
Gross profit margin	38.0%	39.7%	+1.7Pt
Selling, general and	13,341	14,203	861	106.5
administrative expenses
Operating profit	1,547	2,278	731	147.3
Operating margin	3.9%	5.5%	+1.6Pt
Ordinary profit	1,390	2,187	796	157.3
Profit attributable to owners of	1,255	1,439	184	114.7
parent

(Millions of yen)

*FY3/24 Forecasts

180,500

71,500

39.6%

60,700

10,800

6.0%

10,300

5,800

*Reference 1Q FY3/19 Before the pandemic

1Q FY3/23

1Q FY3/24

Sales

(Billions of yen)

Sales

(Billions of yen)

Sales

(Billions of yen)

45.1

39.2

41.5

Profit

Profit

Operating

attributable

loss

attributable

Ordinary

Operating

to owners

attributable

Ordinary

to owners

profit

profit

of parent

Operating

Ordinary

to owners

profit

profit

of parent

2.2

2.1

profit

profit

of parent

1.5

1.3

1.2

1.4

0.6

0.1

-0.2

AOKI Holdings Inc.

4

Three Months of FY3/24 Results

1Q FY3/23

(Billions of yen)

Sales

39.2

Profit

Operating attributable profit Ordinary to owners 1.5 profit of parent

1.3 1.2

1Q FY3/24

41.5

(Billions of yen)

25.0

Non-operating expenses

• Loss on retirement of non-current

Sales

Cost

assets, etc.

of

Extraordinary income

sales

• Settlements received

16.4

14.2

Extraordinary losses

• Impairment loss

Gross

SG&A

profit

expenses

Non-

Extraordinary Profit before

Total

income

Operating

operating

income income taxes

taxes

profit

expenses Ordinary

profit 0.5

Profit

0.1

Extraordinary

1.1 attributable

Non-

operating

losses

to owners

of parent

profit

0.08

2.2

0.08

2.1

2.6

1.4

Major components

Sales

Gross profit

Operating profit

Existing-store sales increased in all business segments

Gross profit margin: up 1.7pt YoY; improved in all business segments

Increased due to higher existing-store sales and improved gross profit margin

Extraordinary	Settlement received
income
Extraordinary	Decreases in impairment loss
losses

AOKI Holdings Inc.

5