BEAUTY GARAGE : Consolidated Financial Results for the Nine Months Ended January 31, 2023

Consolidated Financial Results

for the Nine Months Ended January 31, 2023

[Japanese GAAP]

March 8, 2023

Company name: BEAUTY GARAGE Inc.

Stock exchange listing: Tokyo Stock Exchange

Code number: 3180

URL: https://www.beautygarage.co.jp/

Representative: Hideki Nomura, Representative Director/Chief Executive Officer/Chief Operating Officer

Contact: Takahiro Saito, Operating Officer/Supervisory Manager of Business Management Group

Phone: [phone]

Scheduled date of filing quarterly securities report: March 14, 2023

Scheduled date of commencing dividend payments: -

Availability of supplementary briefing material on quarterly financial results: Yes

Schedule of quarterly financial results briefing session: Yes (for institutional investors)

(Amounts of less than one million yen are rounded down.)

1. Consolidated Financial Results for the Nine Months Ended January 31, 2023 (May 1, 2022 to January 31,

2023)
(1) Consolidated Operating Results (cumulative)	(% indicates changes from the previous corresponding period.)
	Net sales		Operating profit	Ordinary profit		Profit attributable to
			owners of parent
Nine months ended	Million yen	%	Million yen	%	Million yen	%	Million yen	%
January 31, 2023	19,133	11.6	834	6.3	837	6.7	540	26.6
January 31, 2022	17,141	27.7	784	20.9	784	9.2	426	5.2

(Note) Comprehensive income: Nine months ended January 31, 2023: ¥558 million [24.3%] Nine months ended January 31, 2022: ¥449 million [5.6%]

	Earnings	Diluted earnings
	per share	per share
Nine months ended	Yen	Yen
January 31, 2023	85.56	-
January 31, 2022	67.73	-
(2) Consolidated Financial Position
	Total assets	Net assets	Equity ratio
	Million yen	Million yen	%
As of January 31, 2023	10,733	5,937	53.3
As of April 30, 2022	10,548	5,468	50.0

(Reference) Equity: As of January 31, 2023: ¥5,718 million As of April 30, 2022: ¥5,270 million

2. Dividends

			Annual dividend
	1st	2nd	3rd	Year-end	Total
	quarter-end	quarter-end	quarter-end
Fiscal year ended	Yen	Yen	Yen	Yen	Yen
April 30, 2022	-	0.00	-	16.00	16.00
Fiscal year ending	-	0.00	-
April 30, 2023
Fiscal year ending
April 30, 2023				18.00	18.00
(Forecast)

(Note) Revision to the dividends forecast announced most recently: No

3. Consolidated Financial Results Forecast for the Fiscal Year Ending April 30, 2023 (May 1, 2022 to April 30, 2023)

(% indicates changes from the previous corresponding period.)

							Profit attributable	Earnings
	Net sales	Operating profit	Ordinary profit	to owners of
	per share
							parent
	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
Full year	27,013	15.4	1,407	17.1	1,410	16.1	850	19.7	134.71

(Note) Revision to the financial forecast announced most recently: No

* Notes:

1. Changes in significant subsidiaries during the nine months ended January 31, 2023 (changes in specified subsidiaries resulting in changes in scope of consolidation): No
   Newly included: - (Company name: -)
   Excluded: - (Company name: -)
2. Accounting policies adopted specifically for the preparation of quarterly consolidated financial statements: No
3. Changes in accounting policies, changes in accounting estimates and retrospective restatement
4. 1. Changes in accounting policies due to the revision of accounting standards: No
   2. Changes in accounting policies other than 1) above: No
   3. Changes in accounting estimates: No
   4. Retrospective restatement: No
5. Total number of issued shares (common shares)
6. 1. Total number of issued shares at the end of the period (including treasury shares):

January 31, 2023: 6,376,000 shares

April 30, 2022: 6,376,000 shares

1. Total number of treasury shares at the end of the period: January 31, 2023: 59,968 shares
   April 30, 2022: 65,755 shares
2. Average number of shares during the period (cumulative): Nine months ended January 31, 2023: 6,313,834 shares Nine months ended January 31, 2022: 6,301,458 shares

* These quarterly financial results are outside the scope of audit by certified public accountants or audit corporations.

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

The financial results forecast and other forward-looking statements in this document are based on information currently available to the Company and certain assumptions the Company deems to be reasonable, and are not intended as a guarantee that the Company will achieve the earnings. Actual results may differ significantly from these forecasts due to a wide range of factors.