November 10, 2023

Listed Company Name:

Chugai Mining Co., Ltd.

(Stock code no.: 1491, Tokyo Stock Exchange Standard Market)

Representative:

Takeo NISHIMOTO, CEO and President

For Inquiry:

Isao SAKURABA, IR Center (Telephone: 03-3201-1541)

Website:

www.chugaikogyo.co.jp

Financial Statements (Tanshin) for the Second Quarter of the Period Ending in March 2024

under Japanese GAAP (Consolidated)

Scheduled date for the quarterly financial report submission:

November 13, 2023

Scheduled date for the commencement of dividend payments

December 5, 2023

Supplementary materials explaining quarterly financial results:

None

Scheduled quarterly financial result explanation meeting:

None

1. Consolidated Financial Results for the Second Quarter of the Period Ending March 2024 (April 1, 2023September 30, 2023)

(1) Consolidated Operating Results (Cumulative)

(Figures rounded off to million yen; % figures are year-on-year rates)

REVENUE

OPERATING PROFIT

RECURRING

QUARTER NET

PROFIT

PROFIT

Million Yen

%

Million Yen

%

Million Yen

%

Million Yen

%

Q2 of Period Ending

51,087

18.9

240

35.3

228

32.5

221

64.9

March 2024

Q2 of Period Ending

42,973

100.5

371

46.6

338

56.5

134

23.4

March 2023

Note: Comprehensive income:

Second Quarter of the Period Ending March 2024:

221 million yen

(64.9%)

Second Quarter of the Period Ending March 2023:

134 million yen (23.4%)

CURRENT NET

PROFIT PER SHARE

CURRENT NET

AFTER

PROFIT PER SHARE

ADJUSTMENT FOR

POTENTIAL

SHARES

Yen

Yen

Q2 of Period Ending

0.77

March 2024

Q2 of Period Ending

0.47

March 2023

(2) Consolidated Financial Position

TOTAL ASSETS

SHAREHOLDERS'

CAPITAL-TO-ASSET

SHAREHOLDERS'

EQUITY

EQUITY PER SHARE

Million Yen

Million Yen

%

Yen

Q2 of Period

11,995

7,254

60.5

25.17

Ending March 2024

Period Ending

10,757

7,177

66.7

24.90

March 2023

Reference: Equity Capital:

Second Quarter of the Period Ending March 2024: 7,254 million yen

Period ending March 2023:

7,177 million yen

Copyright ©2023 Chugai Mining Co. Ltd. All Rights Reserved

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2. Dividend Distribution Status

DIVIDEND PER SHARE

(Reference date)

End of Q2

End of Q2

End of Q3

End of Q4

Full Year

Yen

Yen

Yen

Yen

Yen

Period Ending March 2023

0.00

0.50

0.50

Period Ending March 2024

0.50

Period Ending March 2024

(anticipated amount)

Note: Revisions on divided distribution outlook figures for the current quarter:

Yes

3. Consolidated Business Performance Outlook for the Period Ending March 2024 (April 1, 2023March 31, 2024)

(% figures are year-on-year rates)

OPERATING

DECLARED

CURRENT NET

CURRENT

REVENUE

NET PROFIT

PROFIT

PROFIT

PROFIT

PER SHARE

Million

%

Million

%

Million

%

Million

%

Yen

Yen

Yen

Yen

Yen

Full Year

98,300

15.9

580

27.0

460

29.0

450

13.1

1.56

Note: Revisions on consolidated business performance outlook figures for the current quarter:

Yes

Footnotes

(1) Material transfer of subsidiaries during the Period (transfer of specific subsidiaries involving changes in the scope of

consolidation): None

New company:

Excluded company:

  1. Application of accounting processing specific to creation of the quarterly consolidated financial statements: None
  2. Changes in the principles of the accounting process, changes in accounting estimate, restatement:

(i)

Changes due to revisions in the accounting system:

None

(ii)

Changes other than (i) above:

None

(iv)

Change in accounting estimate:

None

(v)

Restatement:

None

  1. Issued number of shares (common stock)
  1. Number of shares issued as of the end of the Period (including treasury stock)
  1. Treasury stock as of the end of the Period
  1. Average number of shares during the Period (quarterly YTD)

FY2024 Q2

289,747,982 shares

FY2023

289,747,982 shares

FY2024 Q2

1,535,187 shares

FY2023

1,533,966 shares

FY2024 Q2

288,213,587 shares

FY2023 Q2

288,215,284 shares

  • This quarterly summary is out of scope of quarterly review.
  • Remarks on the proper use of earnings projection: The above projection was established based on information available to the Company at the time of this announcement and the actual business performance may differ from these figures in the event of unforeseen elements taking effect after this announcement.
  • This is an English translation of the financial report created in Japanese. If there is any discrepancy between the English and Japanese versions, the Japanese version shall prevail.

Copyright ©2023 Chugai Mining Co. Ltd. All Rights Reserved

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Chugai Mining Co. Ltd. published this content on 10 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 November 2023 14:01:21 UTC.