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Explanatory Materials for

Financial Results for the Six Months Ended June 30, 2023 Fiscal Year Ending December 31, 2023

Securities Code 8929

Aoyama Zaisan Networks Co., Ltd.

August 9, 2023

© 2023 Aoyama Zaisan Networks Group

Contents

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Financial Results for the Six Months Ended June 30, 2023

Shareholder Return Policy

Appendix

© 2023 Aoyama Zaisan Networks Group

1

Section 1

Financial Results for the Six Months Ended June 30, 2023

  • Highlights of Consolidated Financial Results
  • Actual PL In Case of Adopting the Net Amount Method
  • Breakdown of Changes in Operating Profit
  • Gross Profit by Segment
  • Changes in Net Sales of Asset Consulting
  • Net Sales by Segment
  • BS Highlights

Highlights of Consolidated Financial Results

Net sales (and gross profit from real estate planned for the second quarter) declined year on year due to the reclassification of real estate for sale for ADVANTAGE CLUB, which was planned to be structured for 5 billion yen in the second quarter, to STO, which was structured in the third quarter.

Despite the above factors, operating profit, ordinary profit, and gross profit were higher than those in the same period of the previous year due to significantly higher sales in asset consulting, especially in asset succession.

Unit: Million yen

© 2023 Aoyama Zaisan Networks Group

3

Five-Year Changes in Consolidated Financial Results (Six Months)

Unit: Million yen

© 2023 Aoyama Zaisan Networks Group

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Disclaimer

Aoyama Zaisan Networks Co. Ltd. published this content on 09 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2023 08:47:06 UTC.